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Scotia U.S. Opportunities Fund - Series A

U.S. Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeA Click for more information on Fundata’s ESG Grade

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-04-2025)
$22.87
Change
-$1.04 (-4.34%)

As at February 28, 2025

As at January 31, 2025

As at December 31, 2024

Period
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Legend

Scotia U.S. Opportunities Fund - Series A

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Fund Returns

Inception Return (December 29, 2000): 4.10%

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 -1.79% 0.90% 6.85% 2.48% 13.20% 16.46% 9.77% 11.40% 13.10% 11.92% 10.12% 8.97% 9.70% 7.86%
Benchmark -1.62% 2.05% 13.55% 1.79% 25.98% 28.01% 17.48% 17.23% 18.56% 17.15% 15.74% 15.38% 16.17% 14.61%
Category Average -2.55% -0.30% 8.98% 1.42% 18.49% 21.72% 12.57% 12.21% 14.32% 12.93% 11.60% 11.56% 12.43% 10.56%
Category Rank 429 / 1,336 656 / 1,327 1,028 / 1,318 395 / 1,328 1,133 / 1,292 1,017 / 1,210 957 / 1,141 751 / 1,086 753 / 1,023 693 / 955 686 / 868 676 / 794 619 / 701 596 / 650
Quartile Ranking 2 2 4 2 4 4 4 3 3 3 4 4 4 4

Monthly Return

Monthly Return
Return % Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Fund -0.14% -2.11% 1.35% 2.73% 3.43% 0.64% 0.94% -0.09% 5.00% -1.55% 4.35% -1.79%
Benchmark 3.07% -2.70% 4.13% 3.97% 2.12% 0.07% 2.23% 2.12% 6.59% 0.26% 3.46% -1.62%

Best Monthly Return Since Inception

10.58% (April 2020)

Worst Monthly Return Since Inception

-11.18% (June 2002)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 9.60% 6.40% 1.01% -3.22% 23.17% 10.68% 29.07% -12.18% 12.33% 16.88%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85% 26.98%
Quartile Ranking 3 2 4 3 3 3 1 2 4 4
Category Rank 478/ 645 270/ 693 764/ 770 628/ 856 546/ 928 663/ 1,004 123/ 1,069 379/ 1,124 1,002/ 1,187 1,161/ 1,283

Best Calendar Return (Last 10 years)

29.07% (2021)

Worst Calendar Return (Last 10 years)

-12.18% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 91.25
International Equity 7.88
Cash and Equivalents 0.88
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 44.24
Healthcare 15.13
Industrial Services 13.62
Financial Services 10.81
Consumer Goods 10.08
Other 6.12

Geographic Allocation

Geographic Allocation
Name Percent
North America 92.13
Europe 7.88
Other -0.01

Top Holdings

Top Holdings
Name Percent
Accenture PLC Cl A 7.88
Microsoft Corp 7.31
Apple Inc 7.09
Stryker Corp 6.11
Marsh & McLennan Cos Inc 6.03
Alphabet Inc Cl A 5.92
Intuit Inc 5.36
Mastercard Inc Cl A 4.78
Automatic Data Processing Inc 4.37
KLA Corp 3.62

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Scotia U.S. Opportunities Fund - Series A

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 10.93% 13.60% 12.48%
Beta 0.73% 0.90% 0.90%
Alpha -0.03% -0.03% -0.05%
Rsquared 0.83% 0.85% 0.84%
Sharpe 0.56% 0.80% 0.54%
Sortino 1.09% 1.26% 0.65%
Treynor 0.08% 0.12% 0.07%
Tax Efficiency 100.00% 100.00% 100.00%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.27% 10.93% 13.60% 12.48%
Beta 0.75% 0.73% 0.90% 0.90%
Alpha -0.05% -0.03% -0.03% -0.05%
Rsquared 0.67% 0.83% 0.85% 0.84%
Sharpe 1.05% 0.56% 0.80% 0.54%
Sortino 2.69% 1.09% 1.26% 0.65%
Treynor 0.12% 0.08% 0.12% 0.07%
Tax Efficiency 100.00% 100.00% 100.00% 100.00%

Fundata ESG Metrics

Fundata ESG Score

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.

Fundata E Score

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.

Fundata S Score

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.

Fundata G Score

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.

Fund Details

Start Date December 29, 2000
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $39

Fund Codes

FundServ Code Load Code Sales Status
BNS391

Investment Objectives

The fund’s objective is to achieve long-term capital growth. It invests primarily in equity securities of U.S. companies.

Investment Strategy

The portfolio adviser uses fundamental analysis to identify companies that are priced below their estimated intrinsic value. This involves evaluating the financial condition and management of each company relative to its industry and sector peers. The Fund’s assets are diversified by industry and company to help reduce risk.

Portfolio Management

Portfolio Manager

1832 Asset Management L.P.

  • Damian Hoang
Sub-Advisor

Jensen Investment Management Inc.

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 2.33%
Management Fee 1.75%
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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