Join Fund Library now and get free access to personalized features to help you manage your investments.
Canadian Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (09-06-2024) |
$9.50 |
|---|---|
| Change |
$0.01
(0.06%)
|
As at July 31, 2024
As at June 30, 2024
Loading...
Inception Return (September 08, 2009): 2.19%
| 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 | 2.27% | 4.95% | 2.74% | 1.50% | 6.54% | 2.57% | -1.70% | -2.27% | -0.39% | 0.87% | 0.91% | 0.26% | 0.68% | 1.12% |
| Benchmark | 2.14% | 5.18% | 3.21% | 1.81% | 7.10% | 2.47% | -1.42% | -1.80% | 0.29% | 1.64% | 1.67% | 1.09% | 1.48% | 2.04% |
| Category Average | 2.21% | 3.09% | 3.09% | 1.79% | 6.63% | 2.25% | -1.84% | -1.89% | -0.05% | 1.05% | 1.00% | 0.60% | 0.88% | 1.18% |
| Category Rank | 345 / 647 | 495 / 638 | 583 / 632 | 571 / 631 | 498 / 626 | 348 / 603 | 372 / 582 | 462 / 549 | 453 / 512 | 396 / 476 | 354 / 444 | 359 / 418 | 306 / 366 | 268 / 331 |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.08% | -2.62% | 0.17% | 4.50% | 3.06% | -1.21% | -0.52% | 0.39% | -1.97% | 1.54% | 1.06% | 2.27% |
| Benchmark | -0.19% | -2.62% | 0.43% | 4.21% | 3.42% | -1.36% | -0.40% | 0.48% | -1.95% | 0.00% | 2.98% | 2.14% |
4.50% (November 2023)
-3.77% (April 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.66% | 2.30% | 0.49% | 1.62% | 1.10% | 4.68% | 7.47% | -3.96% | -12.30% | 7.48% |
| Benchmark | 9.10% | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% |
| Category Average | 7.06% | 1.07% | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% |
| Quartile Ranking | 2 | 2 | 4 | 3 | 2 | 4 | 4 | 4 | 3 | 1 |
| Category Rank | 143/ 319 | 174/ 349 | 354/ 383 | 288/ 428 | 135/ 454 | 469/ 500 | 465/ 530 | 543/ 561 | 409/ 590 | 87/ 606 |
7.66% (2014)
-12.30% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 62.04 |
| Canadian Corporate Bonds | 22.73 |
| Cash and Equivalents | 14.70 |
| Mortgages | 0.52 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| Fixed Income | 85.30 |
| Cash and Cash Equivalent | 14.70 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Canada Housing Trust No 1 1.80% 15-Dec-2024 | 10.58 |
| Canada Government 2.75% 01-Jun-2033 | 9.61 |
| Canada Housing Trust No 1 4.15% 15-Jun-2033 | 7.36 |
| Ontario Province 2.05% 02-Jun-2030 | 4.58 |
| Ontario Province 3.65% 02-Jun-2033 | 4.45 |
| Canada Housing Trust No 1 3.65% 15-Jun-2033 | 4.20 |
| Cash and Cash Equivalents | 4.12 |
| Canada Government 5.00% 01-Jun-2037 | 3.93 |
| British Columbia Province 2.20% 18-Jun-2030 | 3.87 |
| Ontario Province 2.55% 02-Dec-2052 | 2.97 |
Scotia Canadian Bond Fund - Series A
Median
Other - Canadian Fixed Income
| Standard Deviation | 7.43% | 6.47% | 5.35% |
|---|---|---|---|
| Beta | 1.03% | 0.98% | 0.97% |
| Alpha | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.94% | 0.93% | 0.94% |
| Sharpe | -0.62% | -0.36% | -0.05% |
| Sortino | -0.79% | -0.66% | -0.44% |
| Treynor | -0.04% | -0.02% | 0.00% |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.19% | 7.43% | 6.47% | 5.35% |
| Beta | 0.90% | 1.03% | 0.98% | 0.97% |
| Alpha | 0.00% | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.88% | 0.94% | 0.93% | 0.94% |
| Sharpe | 0.24% | -0.62% | -0.36% | -0.05% |
| Sortino | 0.90% | -0.79% | -0.66% | -0.44% |
| Treynor | 0.02% | -0.04% | -0.02% | 0.00% |
| Tax Efficiency | 81.53% | - | - | - |
| Start Date | September 08, 2009 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $51 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS314 |
The fund’s objective is to provide a steady flow of income and modest capital gains. The fund invests primarily in high-quality fixed-income securities issued by Canadian federal, provincial and municipal governments and Canadian corporations.
The portfolio adviser will take into consideration the FTSE Canada Universe Bond Index in structuring the Fund’s portfolio. The portfolio adviser will select investments by analyzing the security’s features, its current price compared to its estimated long-term value, the credit quality of the issuer as well as any short-term trading opportunities resulting from market inefficiencies.
| Name | Start Date |
|---|---|
| Romas Budd | 09-01-2009 |
| Fund Manager | 1832 Asset Management L.P. |
|---|---|
| Advisor | 1832 Asset Management L.P. |
| Custodian | State Street Trust Company Canada |
| 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 | 1.30% |
|---|---|
| Management Fee | 1.10% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.55% |
| Trailer Fee Max (LL) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.
Fund Library
