National Bank Investments celebrates 10 years of Meritage Portfolios
October 24, 2016
National Bank Investments Inc. (“NBI”) is celebrating the 10th anniversary of its Meritage Portfolios this fall.
The first 12 Meritage Portfolios were launched on September 26, 2006. Over the years, the offering has been enriched in order to meet the evolving needs of investors. With the introduction of Meritage Global Portfolios, Meritage Tactical ETF Portfolios and the addition of an automatic fee reduction plan, the Meritage family now includes 31 portfolios designed to cater to any investor profile.
“More than 200,000 investors and 10,000 advisors have chosen Meritage. This success underscores the value added by our simple, practical solution in an increasingly complex investment universe,” noted National Bank Investments President Jonathan Durocher. “We are extremely proud of this performance and we look forward
Assets under management for Meritage Portfolios amount to $3.4 billion, more than three times what it was in 2010.
Meritage: 10 years of performance and consistency
In a decade marked by volatile and sometimes unpredictable markets, Meritage Portfolios have shown their long-term value and consistency. As
Meritage Portfolios provide a complete investment solution, made up of mutual funds and exchange-traded funds managed exclusively by leading external managers. Thanks to NBI’s 100% open architecture, we can select among the best portfolio managers from around the world to help Canadian investors benefit from their expertise.
Find out more about Meritage Portfolios >
Other important information
Data as at September 26, 2016, based on performance, net of fees, of Meritage Portfolios (F Series) launched in September 2006:
The Meritage Conservative Portfolio (Canadian Fixed Income Balanced Category): 1 year [2nd quartile and 221 funds in the category as at August 25, 2016] 7.05%, 3 years [2nd quartile and 221 funds in the category as at August 25, 2016] 5.98%, 5 years [2nd quartile and 221 funds in the category as at August 25, 2016] 5.66%, 10 years [1st quartile and 221 funds in the category as at August 25, 2016], 4.80%.
The Meritage Moderate Portfolio (Canadian Fixed Income Balanced Category): 1 year [1st quartile and 221 funds in the category as at August 25, 2016] 7.87%, 3 years [1st quartile and 221 funds in the category as at August 25, 2016] 6.96%, 5 years [1st quartile and 221 funds in the category as at August 25, 2016] 7.06%, 10 years [1st quartile and 221 funds in the category as at August 25, 2016] 5.33%.
The Meritage Balanced Portfolio (Canadian Neutral Balanced Category): 1 year [2nd quartile and 285 funds in the category as at August 25, 2016] 8.97%, 3 years [1st quartile and 285 funds in the category as at August 25, 2016] 7.70%, 5 years [1st quartile and 285 funds in the category as at August 25, 2016] 8.23%, 10 years [1st quartile and 285 funds in the category as at August 25, 2016] 5.77%.
The Meritage Growth Portfolio (Global Neutral Balanced Category): 1 year [1st quartile and 425 funds in the category as at August 25, 2016] 9.71%, 3 years [1st quartile and 425 funds in the category as at August 25, 2016] 8.33%, 5 years [1st quartile and 425 funds in the category as at August 25, 2016] 9.43%, 10 years [1st quartile and 425 funds in the category as at August 25, 2016] 5.91%.
The Meritage Aggressive Growth Portfolio (Global Equity Balanced Category):1 year [1st quartile and 442 funds in the category as at August 25, 2016] 10.28%, 3 years [2nd quartile and 442 funds in the category as at August 25, 2016] 9.26%, 5 years [1st quartile and 442 funds in the category as at August 25, 2016] 10.84%, 10 years [1st quartile and 442 funds in the category as at August 25, 2016] 5.94%.
The Meritage Conservative Income Portfolio (Canadian Fixed Income Balanced Category): 1 year [1st quartile and 221 funds in the category as at August 25, 2016] 7.28%, 3 years [3rd quartile and 221 funds in the category as at August 25, 2016] 5.31%, 5 years [3rd quartile and 221 funds in the category as at August 25, 2016] 4.66%, 10 years [1st quartile and 221 funds in the category as at August 25, 2016] 4.69%.
The Meritage Moderate Income Portfolio (Canadian Fixed Income Balanced Category): 1 year [1st quartile and 221 funds in the category as at August 25, 2016] 8.19%, 3 years [1st quartile and 221 funds in the category as at August 25, 2016] 6.37%, 5 years [2nd quartile and 221 funds in the category as at August 25, 2016] 6.18%, 10 years [1st quartile and 221 funds in the category as at August 25, 2016] 5.20%.
The Meritage Balanced Income Portfolio (Canadian Neutral Balanced Category): 1 year [2nd quartile and 285 funds in the category as at August 25, 2016] 9.13%, 3 years [2nd quartile and 285 funds in the category as at August 25, 2016] 7.17%, 5 years [2nd quartile and 285 funds in the category as at August 25, 2016] 7.47%, 10 years [1st quartile and 285 funds in the category as at August 25, 2016] 5.76%.
The Meritage Growth Income Portfolio (Canadian Neutral Balanced Category): 1 year [1st quartile and 285 funds in the category as at August 25, 2016] 10.15%, 3 years [1st quartile and 285 funds in the category as at August 25, 2016] 7.99%, 5 years [1st quartile and 285 funds in the category as at August 25, 2016] 8.83%, 10 years [1st quartile and 285 funds in the category as at August 25, 2016] 6.16%.
The Meritage Aggressive Growth Income Portfolio (Global Equity Balanced Category): 1 year [1st quartile and 442 funds in the category as at August 25, 2016] 10.97%, 3 years [2nd quartile and 442 funds in the category as at August 25, 2016] 8.40%, 5 years [2nd quartile and 442 funds in the category as at August 25, 2016] 9.76%, 10 years [1st quartile and 442 funds in the category as at August 25, 2016] 6.13%.
The Meritage Canadian Equity Portfolio (Canadian Equity Category): 1 year [3rd quartile and 360 funds in the category as at August 25, 2016] 10.46%, 3 years [1st quartile and 360 funds in the category as at August 25, 2016] 9.83%, 5 years [1st quartile and 360 funds in the category as at August 25, 2016] 11.13%, 10 years [1st quartile and 360 funds in the category as at August 25, 2016] 6.05%.
The Meritage Global Equity Portfolio (Global Equity Category): 1 year [1st quartile and 566 funds in the category as at August 25, 2016] 11.94%, 3 years [2nd quartile and 566 funds in the category as at August 25, 2016] 10.75%, 5 years [2nd quartile and 566 funds in the category as at August 25, 2016] 14.21%, 10 years [1st quartile and 566 funds in the category as at August 25, 2016] 6.25%.
Source of data on quartile rankings: PALTrak as of September 26, 2016. Quartile rankings are determined by Morningstar Research Inc. Quartile measures show how well a fund has performed compared to all other funds in its peer group. Peer groups are defined such that mutual funds are ranked only versus other mutual funds that are in the same category. The top 25% of funds (with the highest performance) are in the first quartile, the next 25% of funds are in the second, and the next group is in the third quartile. The 25% of funds with the poorest performance are in the fourth quartile. Quartile rankings are not available for current yield.
About Meritage Portfolios®
Meritage Portfolios (the “Portfolios”) are managed by National Bank Investments Inc., a wholly-owned subsidiary of National Bank of Canada. Commissions, trailing commissions, management fees and expenses all may be associated with investments in the Portfolios. Please read the prospectus of the Portfolios before investing. The Portfolios’ securities are not insured by the Canada Deposit Insurance Corporation or by any other government deposit insurer. The Portfolios are not guaranteed, their values change frequently and past performance may not be repeated. “Meritage Portfolios®” and the Meritage Portfolios® logo are trademarks of National Bank of Canada and are used by National Bank Investments Inc.
As part of the management fee reduction plan for high net worth investors (the "reduction plan"), certain investors holding Advisor, H, F, FH, F5, T and T5 Series securities may be eligible for a management fee reduction based on the size of their investment in one or more of the Meritage Portfolios and/or National Bank Mutual Funds.The management fee reduction plan for high net worth investors only applies to the series of the National Bank Mutual Funds and/or Meritage Portfolios (the “Funds”) that are eligible. The amount equivalent to the management fee reduction takes the form of a rebate or a distribution, which is automatically reinvested in additional securities of the same series of the applicable National Bank Mutual Fund and/or Meritage Portfolio. For more information about the management fee reduction plan for high net worth investors, please see the National Bank Mutual Funds prospectus and/or the Meritage Portfolios prospectus.
About National Bank Investments Inc.
National Bank Investments Inc. (“NBI”) is a wholly owned subsidiary of National Bank of Canada specialized in designing and managing mutual funds and mutual fund portfolios. As at June 30, 2016, the value of assets under management in NBI products amounted to $29 billion.
Guided by a 100% open architecture philosophy, NBI is dedicated to providing diverse solutions to meet the evolving needs of its clients. NBI consistently strives to be recognized as a key partner by combining innovation and excellence. NBI is an investment fund management firm committed to offering a broad selection of investment solutions that meet a wide range of investment profiles. NBI’s role is not limited to administrative aspects of management; NBI Advisory Services and its registered representatives form a team of specialists who provide information and advice to help investors build portfolios adapted to their financial needs.
® MERITAGE PORTFOLIOS and the Meritage Portfolios logo are registered trademarks of Banque Nationale du Canada, used under licence by National Bank Investments Inc.
© 2016 National Bank Investments Inc. All rights reserved. Any reproduction, in whole or in part, is strictly prohibited without the prior written consent of National Bank Investments Inc.