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Scotia INNOVA Income Portfolio - Series A
Canadian Fix Inc Balanced
Click for more information on Fundata’s FundGrade
FundGrade D
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|
NAVPS (07-22-2026) |
$13.81 |
|---|---|
| Change |
-$0.03
(-0.21%)
|
As at June 30, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (January 20, 2009): 3.91%
| 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 | 0.65% | 4.43% | 3.88% | 3.88% | 7.70% | 6.94% | 6.28% | 5.94% | 2.65% | 2.72% | 2.61% | 2.86% | 2.64% | 2.59% |
| Benchmark | 0.46% | 3.17% | 4.44% | 4.44% | 10.14% | 10.42% | 8.88% | 7.84% | 4.19% | 4.43% | 4.60% | 4.86% | 4.67% | 4.47% |
| Category Average | 0.71% | 4.28% | 4.59% | 4.59% | 8.79% | 8.72% | 7.99% | 7.24% | 3.63% | 4.22% | 4.01% | 4.06% | 3.84% | 3.82% |
| Category Rank | 279 / 410 | 203 / 410 | 317 / 410 | 317 / 410 | 297 / 403 | 342 / 396 | 354 / 393 | 343 / 392 | 302 / 370 | 297 / 337 | 296 / 323 | 264 / 288 | 250 / 271 | 247 / 261 |
| Quartile Ranking | 3 | 2 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.36% | 0.83% | 2.05% | 0.76% | 0.25% | -0.60% | 0.57% | 1.53% | -2.58% | 1.85% | 1.87% | 0.65% |
| Benchmark | -0.14% | 1.52% | 2.70% | 0.81% | 1.16% | -0.69% | 0.68% | 3.20% | -2.57% | 1.00% | 1.68% | 0.46% |
Best Monthly Return Since Inception
4.13% (November 2023)
Worst Monthly Return Since Inception
-3.76% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.98% | 2.78% | -0.78% | 6.03% | 4.27% | 1.47% | -9.58% | 6.63% | 5.95% | 5.95% |
| Benchmark | 6.19% | 4.30% | -1.25% | 10.87% | 8.35% | 3.73% | -9.93% | 7.79% | 8.33% | 9.15% |
| Category Average | 4.06% | 3.92% | -2.19% | 9.07% | 6.42% | 3.91% | -9.95% | 7.21% | 8.35% | 6.88% |
| Quartile Ranking | 4 | 4 | 2 | 4 | 4 | 4 | 2 | 4 | 4 | 3 |
| Category Rank | 205/ 248 | 227/ 268 | 72/ 281 | 299/ 303 | 294/ 335 | 299/ 358 | 154/ 374 | 298/ 392 | 377/ 395 | 291/ 398 |
Best Calendar Return (Last 10 years)
6.63% (2023)
Worst Calendar Return (Last 10 years)
-9.58% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Bonds - Funds | 29.54 |
| Canadian Corporate Bonds | 17.15 |
| Canadian Government Bonds | 14.60 |
| International Equity | 8.59 |
| US Equity | 8.18 |
| Other | 21.94 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 66.10 |
| Mutual Fund | 15.84 |
| Cash and Cash Equivalent | 6.76 |
| Technology | 3.29 |
| Financial Services | 1.87 |
| Other | 6.14 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 56.84 |
| Multi-National | 40.01 |
| Europe | 1.76 |
| Asia | 1.23 |
| Latin America | 0.16 |
Top Holdings
| Name | Percent |
|---|---|
| Scotia Canadian Income Fund Series I | 24.22 |
| 1832 AM TOTL RET BND LP SER I | 17.84 |
| 1832AM GLOBAL CREDIT POOL SE I | 7.11 |
| Scotia Wealth High Yield Bond Pool Series I | 7.10 |
| Scotia Wealth Canadian Corporate Bond Pool K | 7.10 |
| 1832 AM TAA PLUS POOL SR I | 3.78 |
| Scotia Wealth Canadian Bond Pool Series I | 3.57 |
| Scotia Global Growth Fund Series A | 2.41 |
| Scotia Global Dividend Fund Series A | 2.24 |
| Dynamic Short Term Credit PLUS Fund Series O | 1.49 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Scotia INNOVA Income Portfolio - Series A
Median
Other - Canadian Fix Inc Balanced
3 Yr Annualized
| Standard Deviation | 4.84% | 5.80% | 4.82% |
|---|---|---|---|
| Beta | 0.77 | 0.83 | 0.75 |
| Alpha | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.89% | 0.93% | 0.91% |
| Sharpe | 0.56 | -0.03 | 0.16 |
| Sortino | 1.07 | -0.05 | -0.09 |
| Treynor | 0.03 | 0.00 | 0.01 |
| Tax Efficiency | 84.86% | 69.47% | 69.78% |
| Volatility |
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|
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Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.42% | 4.84% | 5.80% | 4.82% |
| Beta | 0.75 | 0.77 | 0.83 | 0.75 |
| Alpha | 0.00 | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.80% | 0.89% | 0.93% | 0.91% |
| Sharpe | 1.18 | 0.56 | -0.03 | 0.16 |
| Sortino | 1.54 | 1.07 | -0.05 | -0.09 |
| Treynor | 0.07 | 0.03 | 0.00 | 0.01 |
| Tax Efficiency | 82.08% | 84.86% | 69.47% | 69.78% |
Fund Details
| Start Date | January 20, 2009 |
|---|---|
| Instrument Type | Mutual Fund (Wrap Program) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $876 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS330 |
Investment Objectives
The portfolio’s objective is to achieve a balance of current income and long term capital appreciation, with a significant bias towards income. It invests primarily in a diversified mix of mutual funds, and/or equity securities and/or fixed income securities located anywhere in the world.
Investment Strategy
The Portfolio is an asset allocation fund that allocates your investment between two asset classes: fixed income and equities. The following outlines the target weighting for each asset class in which the Portfolio invests - Fixed Income 75%, Equities 25%.
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
1832 Asset Management L.P. |
|---|---|
| Custodian |
Scotiabank |
| Registrar |
1832 Asset Management L.P. |
| Distributor |
Scotia Securities Inc. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 50,000 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 1.88% |
|---|---|
| Management Fee | 1.60% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.75% |
| Trailer Fee Max (LL) | - |
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