(As of 11/30/2025)

NCM Income Growth Class Series A

(Canadian Equity Balanced)
FundGrade A+® Rating recipient
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Inception Return
(12/31/2005)
8.88 %
YTD Return 17.45 %
NAVPS
(12/19/2025)
$18.50
Change $0.07 / 0.39 %
Growth of $10,000 (As of November 30, 2025)
MER 2.25 %
Assets ($mil) $115.64
Rank (1Yr) 45/373
Std Dev (3Yr) 20.32 %
Volatility Ranking (3Yr) 4/10
RRSP Eligibility Yes
Load Choice of Front or No Load
Max Front End 5.00 %
Max Back End 3.00 %
Sales Status Capped
 
Objective
The Fund is designed to provide investors with a stable monthly stream of cash distributions, which shall be determined on an annual basis by the Manager, and the potential for long term capital appreciation by investing in small and mid capitalization high yield securities.
Fund Manager

NCM Asset Management Ltd.

Portfolio Manager

NCM Asset Management Ltd.

Sub-Advisor

Cumberland Investment Counsel Inc.

 
Asset Allocation
(As of October 31, 2025)
Sector Allocation
(As of October 31, 2025)
Geographic Allocation
(As of October 31, 2025)
Top 10 Holdings
NameAssetSectorGeographicPercent
BANK OF NOVA SCOTIA TD 2.00% 03-Nov-2025Cash and EquivalentsCash and Cash EquivalentCanada4.93%
Alamos Gold Inc Cl ACanadian EquityBasic MaterialsCanada4.55%
Exchange Income CorpCanadian EquityIndustrial ServicesCanada4.11%
Alaris Equity Partners Income Trust - UnitsIncome Trust UnitsFinancial ServicesCanada4.00%
Stingray Group IncCanadian EquityTelecommunicationsCanada3.95%
Black Diamond Group LtdCanadian EquityReal EstateCanada3.78%
SECURE Waste Infrastructure CorpCanadian EquityIndustrial ServicesCanada3.77%
CES Energy Solutions CorpCanadian EquityEnergyCanada3.74%
Dexterra Group IncCanadian EquityReal EstateCanada3.71%
KIPLING ST INC KIP1105 CL MCanadian EquityOtherCanada3.37%

Performance Data (As of November 30, 2025)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 4.41 8.61 17.49 17.45 15.96 13.67 13.02 8.68
Benchmark 2.96 8.58 16.44 22.97 19.80 15.17 12.00 9.70
Quartile Ranking 1 1 1 1 1 1 1 1

Calendar Return (%) 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund 17.74 8.02 -3.42 21.85 8.03 16.91 -12.05 5.56 12.92 0.91
Benchmark 17.11 10.48 -7.12 17.62 6.85 18.83 -6.34 7.50 15.95 -5.39
Quartile Ranking 1 4 1 1 2 1 4 3 2 2

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