- Portfolio Management Team:
- Date of Inception:
- August 18, 2025
- Fund Size:
- $13,519,737 (as of September 30, 2026)
- Minimum Purchase:
- $100 per account
- RRSP/TFSA/RRIF Eligibility:
- Yes
- Management Fee:
- 0.95%
- Trailer Fee:
-
-
- 0.00% (Series F)
- 1.00% (Series A)
-
- Net Asset Value Per Unit:
-
Series F $13.07 CAD (as of October 9, 2026) Series A $12.90 CAD (as of October 9, 2026) - Fund Codes:
-
Series F NGM 570 (CAD) Series A NGM 572 (CAD) - Available Through an Advisor:
- Through registered dealers, FundSERV purchases only.
Investment Strategy
The objective of the Fund is to achieve long term growth and capital appreciation with moderated volatility according to our “Growth at a Reasonable Price” philosophy. The Fund invests in a mix of U.S. and Canadian equity and short-term debt securities, avoiding the tobacco and oil and gas industries.
The Fund’s Simplified Prospectus, Fund Facts and other fund documents can be viewed by visiting the Advisor Fund Documents Page.
Performance
Annualized Rates of Return for periods ended September 30, 2026
| 1 Year | 3 Years | 5 Years | Since Inception2 | |
|---|---|---|---|---|
| Balanced Fund Series F $CAD | 23.42% | N/A | N/A | 24.35% |
| Balanced Fund Series A $CAD | 22.08% | N/A | N/A | 23.00% |
| Benchmark1 $CAD | 12.59% | N/A | N/A | 14.83% |
Fund Holdings and Asset Mix
North Growth Balanced Fund - Top Holdings
Portfolio Date: September 30, 2026
| Ticker | Portfolio Weight | |
|---|---|---|
| Federal & Provincial Government T-Bills | 35.32% | |
| Bird Construction Inc | BDT | 2.74% |
| Lumentum Holdings Inc. | LITE | 2.61% |
| Applied Materials Inc. | AMAT | 2.44% |
| Jabil Inc | JBL | 2.35% |
| Ciena Corp. | CIEN | 2.20% |
| Nvidia Corp. | NVDA | 1.57% |
| Coherent Corp. | COHR | 1.55% |
| HP Inc. | HPQ | 1.43% |
North Growth Balanced Fund - Asset Mix
As of September 30, 2026
Tax Information
The Fund’s realized income and capital gains are accumulated throughout the year and distributed on a pro rata basis in December. All the distribution details for tax purposes are printed on T-3 slips, and unitholders of the Fund receive their T-3 tax slips by mail near the end of January of the following year.
Distribution History
| Capital Gain,Expressed in Canadian Dollars | Capital Gain, As a Percentage of Unit Price | ||||
|---|---|---|---|---|---|
| Year | Date | Series F | Series A | Series F | Series A |
| 2026 | December 15 | N/A | N/A | N/A | N/A |
1The custom blended benchmark is composed of 40% S&P 500 Index, 20% S&P/TSX Composite Index (Source: TSX © Copyright 2026 TSX Inc. All rights reserved.) and 40% 90-Day Government of Canada Treasury Bill yields that have been annualized and converted to a daily return, and is rebalanced daily.
2Date of inception: August 18, 2025.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.