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Tactical Balanced
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Click for more information on Fundata’s ESG Grade
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2023, 2022, 2021, 2020
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|
NAVPS (05-07-2024) |
$21.79 |
|---|---|
| Change |
$0.08
(0.36%)
|
As at March 31, 2024
As at February 29, 2024
As at February 29, 2024
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Inception Return (May 31, 1989): 6.77%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 2.20% | 6.37% | 14.46% | 6.37% | 13.09% | 5.18% | 5.72% | 11.37% | 7.34% | 6.83% | 6.61% | 7.10% | 5.90% | 6.20% |
| Benchmark | 1.80% | 5.77% | 13.57% | 5.77% | 12.38% | 6.05% | 3.87% | 6.63% | 5.64% | 5.56% | 5.88% | 6.44% | 5.97% | 7.01% |
| Category Average | 1.99% | 11.46% | 11.46% | 4.38% | 9.40% | 2.80% | 3.17% | 7.29% | 4.50% | 4.05% | 3.79% | 4.45% | 3.50% | 3.87% |
| Category Rank | 112 / 360 | 86 / 360 | 82 / 360 | 86 / 360 | 79 / 358 | 49 / 358 | 58 / 342 | 22 / 334 | 40 / 317 | 42 / 299 | 36 / 274 | 38 / 242 | 30 / 179 | 14 / 129 |
| Quartile Ranking | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.39% | -2.62% | 2.28% | 1.49% | -0.44% | -3.16% | -0.99% | 5.84% | 2.68% | 0.75% | 3.31% | 2.20% |
| Benchmark | 1.29% | -1.31% | 0.46% | 1.75% | 0.57% | -3.70% | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% |
7.98% (April 2020)
-9.57% (September 2008)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.22% | 4.32% | 6.29% | 8.92% | -4.07% | 14.37% | 11.12% | 13.85% | -9.84% | 11.11% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 6.78% | 0.31% | 5.78% | 6.18% | -5.55% | 12.58% | 5.65% | 9.53% | -9.83% | 8.35% |
| Quartile Ranking | 4 | 2 | 2 | 1 | 3 | 2 | 1 | 2 | 3 | 1 |
| Category Rank | 103/ 126 | 52/ 166 | 93/ 210 | 44/ 274 | 191/ 296 | 98/ 312 | 50/ 332 | 93/ 336 | 192/ 357 | 62/ 358 |
14.37% (2019)
-9.84% (2022)
| Name | Percent |
|---|---|
| US Equity | 29.05 |
| Canadian Government Bonds | 19.30 |
| Canadian Equity | 17.82 |
| International Equity | 16.46 |
| Canadian Corporate Bonds | 10.95 |
| Other | 6.42 |
| Name | Percent |
|---|---|
| Fixed Income | 30.26 |
| Technology | 16.09 |
| Financial Services | 13.45 |
| Energy | 5.29 |
| Cash and Cash Equivalent | 4.90 |
| Other | 30.01 |
| Name | Percent |
|---|---|
| North America | 83.01 |
| Europe | 8.23 |
| Asia | 7.17 |
| Africa and Middle East | 0.65 |
| Latin America | 0.61 |
| Other | 0.33 |
| Name | Percent |
|---|---|
| Apple Inc | 2.03 |
| Microsoft Corp | 1.71 |
| Canada Government 1.75% 01-Dec-2053 | 1.49 |
| NVIDIA Corp | 1.40 |
| Canada Government 3.50% 01-Dec-2045 | 1.24 |
| British Columbia Province 2.20% 18-Jun-2030 | 1.12 |
| Royal Bank of Canada | 1.10 |
| Canada Government 0.00% 25-Apr-2024 | 1.08 |
| Amazon.com Inc | 1.02 |
| Ontario Province 3.65% 02-Jun-2033 | 0.98 |
Scotia Diversified Balanced Fund - Series A
Median
Other - Tactical Balanced
| Standard Deviation | 9.78% | 10.50% | 8.66% |
|---|---|---|---|
| Beta | 1.01% | 1.17% | 0.94% |
| Alpha | 0.02% | 0.01% | 0.00% |
| Rsquared | 0.87% | 0.81% | 0.69% |
| Sharpe | 0.35% | 0.54% | 0.58% |
| Sortino | 0.46% | 0.65% | 0.58% |
| Treynor | 0.03% | 0.05% | 0.05% |
| Tax Efficiency | 74.70% | 78.26% | 72.21% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.83% | 9.78% | 10.50% | 8.66% |
| Beta | 1.11% | 1.01% | 1.17% | 0.94% |
| Alpha | -0.01% | 0.02% | 0.01% | 0.00% |
| Rsquared | 0.88% | 0.87% | 0.81% | 0.69% |
| Sharpe | 0.90% | 0.35% | 0.54% | 0.58% |
| Sortino | 2.08% | 0.46% | 0.65% | 0.58% |
| Treynor | 0.07% | 0.03% | 0.05% | 0.05% |
| Tax Efficiency | 93.94% | 74.70% | 78.26% | 72.21% |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | May 31, 1989 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS371 |
The fund’s objective is to obtain capital growth over the long term, while providing modest income. It invests primarily in a broad range of Canadian equity and fixed income securities. It may also invest in equity and fixed income securities from around the world.
The Fund’s asset mix will generally vary within the following ranges: 20-80% in equity securities and 20-80% in fixed income securities. The Fund may also invest a portion of its assets in money market instruments. The portfolio adviser determines the mix based on its analysis of market conditions and how it expects each asset class to perform. The portfolio adviser actively manages the allocation between equity and fixed income securities to try to maximize returns.
| Name | Start Date |
|---|---|
| 1832 Asset Management L.P. | 05-31-2022 |
| Connor, Clark & Lunn Investment Management Ltd. | 05-31-2022 |
| Fund Manager | 1832 Asset Management L.P. |
|---|---|
| Advisor | 1832 Asset Management L.P. |
| Custodian | The Bank of Nova Scotia |
| Registrar | 1832 Asset Management L.P. |
| Distributor | Scotia Securities Inc. |
| Auditor | KPMG LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.95% |
|---|---|
| Management Fee | 1.65% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 1.13% |
| Trailer Fee Max (LL) | - |
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