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Scotia Nasdaq Index Fund - Series A

U.S. Equity

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022, 2021, 2020, 2019

Click for more information on Fundata’s FundGrade

NAVPS
(04-16-2024)
$11.07
Change
$0.03 (0.28%)

As at March 31, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

Scotia Nasdaq Index Fund - Series A

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Fund Returns

Inception Return (December 15, 2000): 7.23%

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 0.92% 10.88% 23.49% 10.88% 38.07% 15.03% 13.98% 21.79% 19.57% 18.89% 18.49% 19.11% 17.54% 19.36%
Benchmark 3.07% 13.26% 23.76% 13.26% 30.04% 14.00% 14.30% 19.94% 15.37% 15.05% 14.39% 15.08% 13.81% 15.28%
Category Average 2.94% 22.06% 22.06% 11.88% 26.39% 10.39% 10.21% 17.40% 12.02% 11.35% 11.08% 11.62% 10.10% 11.05%
Category Rank 1,340 / 1,374 948 / 1,361 571 / 1,343 948 / 1,361 206 / 1,288 178 / 1,216 146 / 1,158 72 / 1,095 11 / 993 13 / 887 18 / 812 13 / 706 5 / 652 5 / 573
Quartile Ranking 4 3 2 3 1 1 1 1 1 1 1 1 1 1

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.57% 7.79% 3.88% 3.26% 0.87% -4.68% -0.03% 8.28% 2.89% 3.35% 6.31% 0.92%
Benchmark 1.90% 0.62% 3.76% 2.72% 1.05% -4.85% 0.44% 6.86% 1.80% 3.00% 6.70% 3.07%

Best Monthly Return Since Inception

17.19% (October 2001)

Worst Monthly Return Since Inception

-24.06% (February 2001)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 27.65% 28.45% 2.54% 21.87% 6.38% 30.97% 43.93% 24.63% -28.48% 49.89%
Benchmark 24.19% 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32%
Category Average 16.59% 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85%
Quartile Ranking 1 1 3 1 1 1 1 2 4 1
Category Rank 24/ 554 11/ 645 480/ 693 114/ 783 146/ 875 95/ 950 36/ 1,063 503/ 1,139 1,101/ 1,196 24/ 1,260

Best Calendar Return (Last 10 years)

49.89% (2023)

Worst Calendar Return (Last 10 years)

-28.48% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 95.52
International Equity 3.02
Cash and Equivalents 1.03
Canadian Equity 0.42
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 60.29
Consumer Services 13.61
Consumer Goods 7.91
Healthcare 6.19
Telecommunications 4.39
Other 7.61

Geographic Allocation

Geographic Allocation
Name Percent
North America 96.97
Europe 1.82
Asia 0.61
Latin America 0.59
Other 0.01

Top Holdings

Top Holdings
Name Percent
Microsoft Corp 8.74
Apple Inc 7.99
NVIDIA Corp 5.55
Amazon.com Inc 5.19
Meta Platforms Inc Cl A 4.92
Broadcom Inc 4.46
Tesla Inc 2.76
Costco Wholesale Corp 2.42
Alphabet Inc Cl A 2.33
Advanced Micro Devices Inc 2.28

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 Nasdaq Index Fund - Series A

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 19.66% 18.48% 16.69%
Beta 1.23% 1.15% 1.19%
Alpha -0.03% 0.02% 0.01%
Rsquared 0.81% 0.80% 0.82%
Sharpe 0.63% 0.96% 1.07%
Sortino 0.95% 1.51% 1.64%
Treynor 0.10% 0.15% 0.15%
Tax Efficiency 80.93% 70.11% 70.51%
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.58% 19.66% 18.48% 16.69%
Beta 0.92% 1.23% 1.15% 1.19%
Alpha 0.08% -0.03% 0.02% 0.01%
Rsquared 0.60% 0.81% 0.80% 0.82%
Sharpe 2.28% 0.63% 0.96% 1.07%
Sortino 6.16% 0.95% 1.51% 1.64%
Treynor 0.31% 0.10% 0.15% 0.15%
Tax Efficiency 100.00% 80.93% 70.11% 70.51%

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 15, 2000
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $1,356

Fund Codes

FundServ Code Load Code Sales Status
BNS397

Investment Objectives

The fund’s objective is aggressive long-term capital growth by tracking the performance of the Nasdaq 100 Index. It invests primarily in the stocks that are included in the index.

Investment Strategy

The Fund seeks to achieve its investment objective by tracking the performance of the Nasdaq-100 Index in Canadian dollars (the “Nasdaq-100 Index”).

Portfolio Manager(s)

Name Start Date
Emiliano Rabinovich 03-17-2011
1832 Asset Management L.P. 11-29-2013

Management and Organization

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

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 1.12%
Management Fee 0.80%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) 0.00%
Trailer Fee Max (DSC) 0.00%
Trailer Fee Max (NL) 0.55%
Trailer Fee Max (LL) -

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