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Canadian Neutral Balanced
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Click for more information on Fundata’s ESG Grade
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2023, 2022, 2021
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|
NAVPS (07-25-2024) |
$30.23 |
|---|---|
| Change |
$0.04
(0.13%)
|
As at June 30, 2024
As at May 31, 2024
As at February 29, 2024
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Inception Return (June 18, 1990): 5.96%
| 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 | -0.28% | -0.77% | 2.78% | 2.78% | 6.08% | 5.89% | 2.57% | 5.57% | 4.68% | 5.04% | 5.01% | 5.36% | 4.88% | 5.04% |
| Benchmark | 0.56% | 0.18% | 3.20% | 3.20% | 8.38% | 7.73% | 2.57% | 5.85% | 5.21% | 5.29% | 5.40% | 5.47% | 5.12% | 4.83% |
| Category Average | 0.32% | 4.15% | 4.15% | 4.15% | 8.52% | 7.52% | 2.16% | 5.40% | 4.41% | 4.27% | 4.22% | 4.46% | 4.02% | 4.00% |
| Category Rank | 429 / 453 | 449 / 453 | 431 / 447 | 431 / 447 | 435 / 444 | 375 / 423 | 251 / 402 | 261 / 382 | 230 / 372 | 157 / 365 | 144 / 354 | 123 / 340 | 125 / 315 | 97 / 290 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.71% | -0.75% | -3.20% | -1.80% | 5.62% | 2.83% | 0.50% | 1.49% | 1.54% | -2.51% | 2.07% | -0.28% |
| Benchmark | 0.93% | -0.84% | -3.01% | -1.57% | 6.01% | 3.69% | -0.31% | 0.82% | 2.49% | -1.88% | 1.52% | 0.56% |
6.67% (April 2020)
-9.75% (October 2008)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 8.72% | 1.86% | 9.08% | 7.81% | -3.15% | 12.23% | 6.13% | 13.07% | -7.15% | 7.60% |
| Benchmark | 9.98% | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% |
| Category Average | 7.98% | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% |
| Quartile Ranking | 2 | 2 | 2 | 1 | 2 | 4 | 2 | 2 | 2 | 3 |
| Category Rank | 143/ 289 | 99/ 302 | 141/ 334 | 71/ 347 | 112/ 358 | 285/ 368 | 186/ 378 | 164/ 393 | 113/ 413 | 319/ 433 |
13.07% (2021)
-7.15% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 51.50 |
| Canadian Government Bonds | 23.74 |
| Canadian Corporate Bonds | 9.77 |
| US Equity | 8.79 |
| Cash and Equivalents | 5.46 |
| Other | 0.74 |
| Name | Percent |
|---|---|
| Fixed Income | 33.71 |
| Financial Services | 22.84 |
| Energy | 8.41 |
| Consumer Services | 6.90 |
| Industrial Services | 5.67 |
| Other | 22.47 |
| Name | Percent |
|---|---|
| North America | 99.99 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| Scotia Canadian Income Fund Series I | 37.91 |
| Royal Bank of Canada | 3.63 |
| Power Corp of Canada | 3.48 |
| Prairiesky Royalty Ltd | 2.99 |
| Onex Corp | 2.84 |
| Intact Financial Corp | 2.72 |
| CGI Inc Cl A | 2.24 |
| Toronto-Dominion Bank | 2.20 |
| Canadian National Railway Co | 2.07 |
| Loblaw Cos Ltd | 1.99 |
Scotia Canadian Balanced Fund Series A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.84% | 9.17% | 7.68% |
|---|---|---|---|
| Beta | 0.92% | 0.87% | 0.88% |
| Alpha | 0.00% | 0.00% | 0.01% |
| Rsquared | 0.96% | 0.95% | 0.88% |
| Sharpe | -0.01% | 0.32% | 0.49% |
| Sortino | -0.01% | 0.32% | 0.43% |
| Treynor | 0.00% | 0.03% | 0.04% |
| Tax Efficiency | 66.84% | 84.33% | 80.22% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.52% | 8.84% | 9.17% | 7.68% |
| Beta | 0.95% | 0.92% | 0.87% | 0.88% |
| Alpha | -0.02% | 0.00% | 0.00% | 0.01% |
| Rsquared | 0.94% | 0.96% | 0.95% | 0.88% |
| Sharpe | 0.16% | -0.01% | 0.32% | 0.49% |
| Sortino | 0.65% | -0.01% | 0.32% | 0.43% |
| Treynor | 0.01% | 0.00% | 0.03% | 0.04% |
| Tax Efficiency | 90.30% | 66.84% | 84.33% | 80.22% |
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 | June 18, 1990 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $2,331 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS378 |
The fund’s objective is to provide a balance between earning income and obtaining capital growth over the long term. It invests primarily in a broad range of Canadian equity and fixed income securities.
The Fund’s total return is obtained by a combination of income producing securities, as well as investments in equity securities that will achieve capital growth over the long-term. The portfolio adviser uses fundamental analysis to identify long-term investments. This involves evaluating the financial condition and management of each company, as well as its industry and the economy. The Fund’s assets are diversified by industry and company to help reduce risk.
| Name | Start Date |
|---|---|
| Romas Budd | 02-29-2012 |
| Don Simpson | 12-01-2015 |
| Rory Ronan | 04-23-2018 |
| Eric Mencke | 04-23-2018 |
| 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) | 1.00% |
| Trailer Fee Max (LL) | - |
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