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Scotia Canadian Income Fund - Series A
Canadian Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-14-2026) |
$12.35 |
|---|---|
| Change |
$0.00
(-0.04%)
|
As at June 30, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (March 31, 1973): 6.29%
| 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 | 0.32% | 1.65% | 2.14% | 2.14% | 3.89% | 3.72% | 3.22% | 3.52% | 0.31% | -0.32% | 0.57% | 1.43% | 1.25% | 1.02% |
| Benchmark | 0.44% | 1.92% | 2.22% | 2.22% | 3.31% | 4.56% | 4.28% | 3.90% | 0.71% | 0.15% | 1.21% | 1.96% | 1.84% | 1.64% |
| Category Average | 0.30% | 1.80% | 1.69% | 1.69% | 2.70% | 4.03% | 3.80% | 3.49% | 0.18% | -0.06% | 0.80% | 1.43% | 1.26% | 1.13% |
| Category Rank | 453 / 497 | 429 / 493 | 220 / 489 | 220 / 489 | 113 / 481 | 405 / 447 | 389 / 420 | 292 / 403 | 260 / 398 | 290 / 368 | 303 / 354 | 238 / 337 | 219 / 309 | 211 / 283 |
| Quartile Ranking | 4 | 4 | 2 | 2 | 1 | 4 | 4 | 3 | 3 | 4 | 4 | 3 | 3 | 3 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.28% | 0.31% | 1.81% | 0.54% | 0.26% | -0.93% | 0.28% | 1.74% | -1.52% | -0.02% | 1.35% | 0.32% |
| Benchmark | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% | 1.41% | 0.44% |
Best Monthly Return Since Inception
9.73% (November 1981)
Worst Monthly Return Since Inception
-6.49% (July 1981)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.44% | 1.78% | 2.56% | 4.41% | 7.18% | -3.96% | -10.95% | 6.45% | 1.96% | 3.06% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% | 3.68% | 2.23% |
| Quartile Ranking | 3 | 3 | 1 | 4 | 4 | 4 | 1 | 2 | 4 | 2 |
| Category Rank | 152/ 265 | 167/ 298 | 4/ 319 | 324/ 348 | 329/ 360 | 368/ 382 | 61/ 399 | 197/ 407 | 419/ 431 | 146/ 469 |
Best Calendar Return (Last 10 years)
7.18% (2020)
Worst Calendar Return (Last 10 years)
-10.95% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Government Bonds | 54.47 |
| Canadian Corporate Bonds | 26.47 |
| Cash and Equivalents | 18.06 |
| US Equity | 0.76 |
| Canadian Equity | 0.26 |
| Other | -0.02 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 80.93 |
| Cash and Cash Equivalent | 18.05 |
| Technology | 0.76 |
| Financial Services | 0.26 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| CANADIAN DOLLAR | 16.05 |
| Canada Housing Trust No 1 3.50% 15-Dec-2034 | 8.53 |
| Ontario Province 2.70% 02-Jun-2029 | 7.87 |
| Canada Government 3.25% 01-Dec-2034 | 7.58 |
| Ontario Province 2.05% 02-Jun-2030 | 3.75 |
| Ontario Province 4.00% 08-Mar-2029 | 3.53 |
| Canada Government 3.25% 01-Dec-2035 | 2.89 |
| Ontario Province 2.90% 02-Jun-2028 | 2.13 |
| Canada Government 1.75% 01-Dec-2053 | 2.02 |
| Ontario Province 3.75% 02-Dec-2053 | 1.75 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Scotia Canadian Income Fund - Series A
Median
Other - Canadian Fixed Income
3 Yr Annualized
| Standard Deviation | 4.70% | 5.98% | 5.20% |
|---|---|---|---|
| Beta | 0.84 | 0.97 | 0.94 |
| Alpha | 0.00 | 0.00 | -0.01 |
| Rsquared | 0.86% | 0.90% | 0.89% |
| Sharpe | -0.05 | -0.41 | -0.15 |
| Sortino | 0.09 | -0.57 | -0.48 |
| Treynor | 0.00 | -0.03 | -0.01 |
| Tax Efficiency | 59.97% | - | - |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.43% | 4.70% | 5.98% | 5.20% |
| Beta | 0.83 | 0.84 | 0.97 | 0.94 |
| Alpha | 0.01 | 0.00 | 0.00 | -0.01 |
| Rsquared | 0.96% | 0.86% | 0.90% | 0.89% |
| Sharpe | 0.45 | -0.05 | -0.41 | -0.15 |
| Sortino | 0.39 | 0.09 | -0.57 | -0.48 |
| Treynor | 0.02 | 0.00 | -0.03 | -0.01 |
| Tax Efficiency | 67.53% | 59.97% | - | - |
Fund Details
| 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) | $2,522 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS377 |
Investment Objectives
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.
Investment Strategy
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.
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
1832 Asset Management L.P. |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
1832 Asset Management L.P. |
| Distributor |
Scotia Securities Inc. |
Investment Minimums
| 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 |
Fees
| 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) | 0.50% |
| Trailer Fee Max (LL) | - |
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