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Canadian Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (10-04-2024) |
$12.39 |
|---|---|
| Change |
-$0.09
(-0.75%)
|
As at August 31, 2024
As at July 31, 2024
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Inception Return (March 31, 1973): 6.42%
| 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% | 3.35% | 3.59% | 2.02% | 5.48% | 3.90% | -1.29% | -1.76% | -0.46% | 1.06% | 0.98% | 0.50% | 1.13% | 1.17% |
| Benchmark | 0.52% | 5.73% | 4.16% | 2.34% | 7.86% | 4.00% | -1.22% | -1.35% | -0.01% | 1.56% | 1.54% | 1.13% | 1.64% | 1.98% |
| Category Average | 0.39% | 3.87% | 3.87% | 2.19% | 7.51% | 3.78% | -1.65% | -1.59% | -0.28% | 1.02% | 0.90% | 0.63% | 1.05% | 1.14% |
| Category Rank | 496 / 656 | 588 / 640 | 565 / 635 | 531 / 631 | 617 / 626 | 423 / 605 | 295 / 582 | 394 / 550 | 388 / 512 | 324 / 479 | 304 / 442 | 322 / 416 | 227 / 364 | 244 / 329 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 4 | 3 | 3 | 4 | 3 | 3 |
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -2.64% | -0.63% | 4.38% | 2.39% | -0.71% | -0.81% | 0.35% | -1.54% | 1.44% | 1.06% | 1.98% | 0.28% |
| Benchmark | -2.62% | 0.43% | 4.21% | 3.42% | -1.36% | -0.40% | 0.48% | -1.95% | 0.00% | 2.98% | 2.14% | 0.52% |
9.73% (November 1981)
-6.49% (July 1981)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.90% | 0.81% | 1.44% | 1.78% | 2.56% | 4.41% | 7.18% | -3.96% | -10.95% | 6.45% |
| 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 | 3 | 4 | 3 | 3 | 1 | 4 | 4 | 4 | 1 | 3 |
| Category Rank | 221/ 317 | 326/ 347 | 248/ 381 | 252/ 426 | 4/ 452 | 476/ 500 | 483/ 530 | 544/ 561 | 104/ 590 | 329/ 606 |
7.18% (2020)
-10.95% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 62.11 |
| Canadian Corporate Bonds | 26.06 |
| Cash and Equivalents | 11.48 |
| Mortgages | 0.55 |
| Derivatives | -0.20 |
| Name | Percent |
|---|---|
| Fixed Income | 88.72 |
| Cash and Cash Equivalent | 11.49 |
| Other | -0.21 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| CANADIAN DOLLAR | 10.50 |
| B87156456 CDS USD R V 03MEVENT | 9.48 |
| Ontario Province 2.70% 02-Jun-2029 | 8.04 |
| Canada Government 5.75% 01-Jun-2033 | 5.99 |
| Canada Housing Trust No 1 4.15% 15-Jun-2033 | 5.59 |
| Quebec Province 2.30% 01-Sep-2029 | 4.98 |
| Canada Government 2.75% 01-Jun-2033 | 2.97 |
| Ontario Province 3.60% 08-Mar-2028 | 2.81 |
| Ontario Province 3.75% 02-Dec-2053 | 2.65 |
| Alberta Province 2.05% 01-Jun-2030 | 2.62 |
Scotia Canadian Income Fund - Series A
Median
Other - Canadian Fixed Income
| Standard Deviation | 7.23% | 6.27% | 5.20% |
|---|---|---|---|
| Beta | 0.98% | 0.94% | 0.91% |
| Alpha | 0.00% | 0.00% | -0.01% |
| Rsquared | 0.90% | 0.90% | 0.88% |
| Sharpe | -0.59% | -0.39% | -0.05% |
| Sortino | -0.75% | -0.71% | -0.45% |
| Treynor | -0.04% | -0.03% | 0.00% |
| Tax Efficiency | - | - | 0.10% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.65% | 7.23% | 6.27% | 5.20% |
| Beta | 0.82% | 0.98% | 0.94% | 0.91% |
| Alpha | -0.01% | 0.00% | 0.00% | -0.01% |
| Rsquared | 0.84% | 0.90% | 0.90% | 0.88% |
| Sharpe | 0.11% | -0.59% | -0.39% | -0.05% |
| Sortino | 0.67% | -0.75% | -0.71% | -0.45% |
| Treynor | 0.01% | -0.04% | -0.03% | 0.00% |
| Tax Efficiency | 75.82% | - | - | 0.10% |
| Start Date | March 31, 1973 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $2,330 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS377 |
The fund’s objective is to provide a high level of regular interest income and modest capital gains. It invests primarily in: bonds and treasury bills issued by Canadian federal, provincial and municipal governments and Canadian corporations; money market instruments issued by Canadian corporations, including commercial paper, bankers’ acceptances, mortgage-backed securities and guaranteed investment certificates; and/or high-quality dividend-paying shares of Canadian corporations.
Securities will generally have at the time of purchase a minimum credit rating of BBB (low) or R2 (low) or better by Dominion Bond Rating Service Limited, or an equivalent rating by another designated rating organization. The average term to maturity of the Fund’s investments will vary, depending on market conditions. The portfolio adviser adjusts the average term to maturity to try to maximize returns while minimizing interest rate risk.
| Name | Start Date |
|---|---|
| Romas Budd | 08-01-1990 |
| Kevin Pye | 05-01-2024 |
| Fund Manager | 1832 Asset Management L.P. |
|---|---|
| Advisor | 1832 Asset Management L.P. |
| Custodian | 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 | 1.30% |
|---|---|
| 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) | - |
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