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Scotia Global Bond Fund - Series A

Global Fixed Income

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(08-08-2025)
$9.04
Change
-$0.02 (-0.24%)

As at June 30, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Jan 1998Jan 2000Jan 2002Jan 2004Jan 2006Jan 2008Jan 2010Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jan 2000Jan 2005Jan 2010Jan 2015Jan 2020Jan 2025J…$10,000$7,500$12,500$15,000$17,500$20,000$9,400$9,600$9,800$10,200$10,400Period

Legend

Scotia Global Bond Fund - Series A

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Fund Returns

Inception Return (July 04, 1994): 1.95%

Fund Returns
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 0.60% 0.30% 1.63% 1.63% 1.46% -0.02% -0.71% -2.60% -4.12% -1.97% -1.00% -0.68% -1.22% 0.09%
Benchmark 1.17% -1.15% 1.81% 1.81% 8.38% 6.12% 4.37% -0.05% -1.62% 0.08% 0.81% 1.03% 0.66% 1.87%
Category Average 0.98% 0.57% 2.28% 2.28% 4.84% 4.08% 3.17% -0.43% -0.05% 0.61% 1.18% 1.02% 1.04% 1.38%
Category Rank 171 / 233 149 / 221 112 / 218 112 / 218 183 / 205 164 / 176 145 / 155 112 / 123 94 / 99 86 / 94 77 / 85 64 / 72 57 / 64 38 / 40
Quartile Ranking 3 3 3 3 4 4 4 4 4 4 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.61% 0.64% 0.31% -2.12% 0.98% -1.55% 0.29% 1.78% -0.73% 0.68% -0.98% 0.60%
Benchmark 3.88% -0.22% 1.89% -0.37% 0.95% 0.21% 1.24% 1.20% 0.53% -1.24% -1.07% 1.17%

Best Monthly Return Since Inception

12.20% (October 2008)

Worst Monthly Return Since Inception

-6.59% (December 2009)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 10.86% -4.24% 0.75% 6.76% -0.98% 8.20% -6.77% -13.53% 5.87% -3.72%
Benchmark 16.63% -1.36% -0.08% 7.82% 1.45% 7.03% -6.05% -10.83% 2.72% 6.80%
Category Average 2.92% 2.08% 2.75% -0.04% 5.49% 5.94% -1.81% -10.70% 5.33% 2.37%
Quartile Ranking 2 4 3 1 4 1 4 4 2 4
Category Rank 11/ 33 41/ 41 51/ 69 10/ 78 90/ 91 7/ 97 104/ 104 121/ 138 51/ 160 176/ 195

Best Calendar Return (Last 10 years)

10.86% (2015)

Worst Calendar Return (Last 10 years)

-13.53% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Government Bonds 91.83
Cash and Equivalents 8.17

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 91.83
Cash and Cash Equivalent 8.17

Geographic Allocation

Geographic Allocation
Name Percent
North America 74.07
Europe 22.51
Asia 3.41
Other 0.01

Top Holdings

Top Holdings
Name Percent
United States Treasury 4.25% 15-May-2035 33.74
United States Treasury 3.88% 30-Apr-2030 17.61
United States Treasury 4.63% 15-Feb-2055 17.10
Japan Government 0.60% 20-Sep-2050 3.41
Spain Government 1.25% 31-Oct-2030 2.90
CANADIAN DOLLAR 2.71
Germany Government 2.80% 12-Jun-2025 2.54
United Kingdom Government 4.75% 07-Dec-2030 2.29
France Government 3.50% 25-Nov-2033 2.14
Belgium Government 0.10% 22-Jun-2030 1.75

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: L. Average Credit Quality: H.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return12345678910111213141516-10%-5%0%5%10%15%

Scotia Global Bond Fund - Series A

Median

Other - Global Fixed Income

3 Yr Annualized

Standard Deviation 5.68% 5.95% 7.69%
Beta 0.67% 0.74% 0.97%
Alpha -0.04% -0.03% -0.02%
Rsquared 0.45% 0.65% 0.79%
Sharpe -0.80% -1.10% -0.18%
Sortino -0.79% -1.34% -0.48%
Treynor -0.07% -0.09% -0.01%
Tax Efficiency - - 100.00%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.22% 5.68% 5.95% 7.69%
Beta 0.47% 0.67% 0.74% 0.97%
Alpha -0.02% -0.04% -0.03% -0.02%
Rsquared 0.29% 0.45% 0.65% 0.79%
Sharpe -0.43% -0.80% -1.10% -0.18%
Sortino -0.44% -0.79% -1.34% -0.48%
Treynor -0.04% -0.07% -0.09% -0.01%
Tax Efficiency 100.00% - - 100.00%

Fund Details

Start Date July 04, 1994
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $8

Fund Codes

FundServ Code Load Code Sales Status
BNS379

Investment Objectives

The fund’s objective is to provide a high level of regular interest income. It invests primarily in foreign currency-denominated bonds and money market instruments issued by Canadian federal, provincial and municipal governments and Canadian corporations, and by foreign governments and corporations, and supranational entities, such as the World Bank.

Investment Strategy

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. The portfolio adviser uses interest rate and yield curve analysis to select individual investments and manage the Fund’s average term to maturity. It analyzes credit risk to identify securities that offer the potential for higher yields at an acceptable level of risk.

Portfolio Management

Portfolio Manager

1832 Asset Management L.P.

  • Romas Budd
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 1.56%
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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