What is a Basket?
It is an investment model that is managed by a professional portfolio manager on a discretionary basis in your brokerage account. You directly own its underlying securities and receive the dividends and/or interest paid.
Investment Strategy
The investment objective of the basket is to provide investors with long-term growth, primarily through capital appreciation, by investing in a focused portfolio primarily consisting of U.S. common stocks and American Depository Receipts (ADRs).
Details
Investment horizon
At least 5 year
Code
7CDEUR
Inception Date:
March 27, 2024
Initial minimum investment:
$54,275 USD*
Subsequent Investment:
$54,275 USD*
Portfolio Manager:
Walter Scott
Benchmark:
Morningstar DM TME GR USD
* Contingent on the market value of the Basket and accrued interests/dividends at the time of purchase.
Risk Management
This investment is not guaranteed and its value can go down as well as up.
Medium
How much does it cost?
The following charges will apply at all times in addition to the fees if an agreement has been signed with your investment advisor.
| Investment | Fees |
|---|---|
| $1 or more | 0.60% |
Mandate Statistics
Dividend Yield
1.20
Geographic Allocation
| North America | 65.35% | |
| Europe | 23.31% | |
| Asia | 11.34% |
Top Holdings (%)
| Taiwan Semiconductor Manufactrg Co Ltd - ADR | 4.98% |
| AIA Group Ltd - ADR | 4.24% |
| Amphenol Corp Cl | 4.11% |
| Mastercard Inc Cl | 4.07% |
| ASML Holding NV - ADR | 3.90% |
| Microsoft Corp | 3.82% |
| TJX Cos Inc | 3.61% |
| Fastenal Co | 3.18% |
| Amazon.com Inc | 3.15% |
| Linde PLC | 3.08% |
| Total | 38.14% |
Calendar Returns (%)*
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 9.14 | 7.79 | 23.38 | -19.18 | 19.54 | 20.21 | 31.24 |
Annualized Returns (%)*
| 1 month |
3 month |
6 month |
1 year |
3 year |
5 year |
10 year |
Since Inception |
|---|---|---|---|---|---|---|---|
| -0.32 | 3.17 | 10.58 | 8.72 | 15.69 | 10.63 | 11.23 | 10.60 |
Returns before management fees
*Before April 1, 2024, the Walter Scott Global Equity - F Series basket was not offered by NBF. The returns shown in the tables represent the historical performance of the model followed by the portfolio manager and are provided for informational purposes only. The returns could have been different if the strategy had been offered within the Walter Scott Global Equity - F Series basket, since the choice and asset allocations and the timing of the investments could have been different.