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Scotia Diversified Balanced Fund - Series A
Tactical Balanced
Click for more information on Fundata’s FundGrade
FundGrade A
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade C
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FundGrade A+® Rating Recipient
2025, 2024, 2023, 2022, 2021
Click for more information on Fundata’s FundGrade
|
NAVPS (08-19-2026) |
$25.77 |
|---|---|
| Change |
-$0.08
(-0.29%)
|
As at July 31, 2026
As at June 30, 2026
As at July 31, 2026
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Legend
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Fund Returns
Inception Return (May 31, 1989): 7.28%
| 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 | -1.16% | 3.60% | 7.07% | 9.54% | 17.87% | 15.09% | 15.35% | 13.04% | 8.98% | 10.57% | 9.91% | 9.11% | 9.13% | 8.62% |
| Benchmark | -1.63% | 4.77% | 7.02% | 8.13% | 13.83% | 12.24% | 13.41% | 12.14% | 7.27% | 7.65% | 8.00% | 7.67% | 7.96% | 7.56% |
| Category Average | -0.46% | 2.35% | 5.18% | 6.65% | 12.51% | 10.17% | 10.51% | 8.82% | 5.65% | 6.86% | 6.31% | 5.76% | 5.63% | 5.44% |
| Category Rank | 198 / 329 | 85 / 329 | 74 / 326 | 60 / 326 | 65 / 325 | 37 / 318 | 16 / 314 | 19 / 294 | 35 / 288 | 30 / 279 | 24 / 271 | 18 / 250 | 15 / 241 | 19 / 225 |
| Quartile Ranking | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.73% | 3.86% | 1.62% | 0.64% | -0.42% | 2.31% | 2.97% | -3.91% | 4.45% | 3.44% | 1.33% | -1.16% |
| Benchmark | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% | 2.26% | -1.63% |
Best Monthly Return Since Inception
7.98% (April 2020)
Worst Monthly Return Since Inception
-9.57% (September 2008)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.29% | 8.92% | -4.07% | 14.37% | 11.12% | 13.85% | -9.84% | 11.11% | 18.53% | 13.94% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.78% | 6.18% | -5.55% | 12.58% | 5.65% | 9.53% | -9.83% | 8.35% | 11.73% | 10.14% |
| Quartile Ranking | 3 | 1 | 3 | 2 | 1 | 2 | 3 | 1 | 1 | 1 |
| Category Rank | 89/ 176 | 34/ 228 | 146/ 242 | 97/ 258 | 38/ 277 | 100/ 279 | 174/ 293 | 50/ 313 | 25/ 315 | 67/ 318 |
Best Calendar Return (Last 10 years)
18.53% (2024)
Worst Calendar Return (Last 10 years)
-9.84% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 27.45 |
| Canadian Government Bonds | 22.10 |
| Canadian Equity | 20.88 |
| International Equity | 16.42 |
| Canadian Corporate Bonds | 9.75 |
| Other | 3.40 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 32.28 |
| Technology | 18.04 |
| Financial Services | 14.06 |
| Energy | 5.80 |
| Basic Materials | 4.65 |
| Other | 25.17 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 83.26 |
| Europe | 8.39 |
| Asia | 7.60 |
| Latin America | 0.53 |
| Africa and Middle East | 0.17 |
| Other | 0.05 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Government 3.25% 01-Sep-2028 | 4.50 |
| CANADA T BILL | 2.48 |
| NVIDIA Corp | 1.89 |
| Canada Government 3.50% 01-Dec-2057 | 1.89 |
| Apple Inc | 1.72 |
| Royal Bank of Canada | 1.58 |
| Toronto-Dominion Bank | 1.26 |
| Amazon.com Inc | 1.17 |
| Alphabet Inc Cl C | 1.06 |
| Microsoft Corp | 1.01 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Scotia Diversified Balanced Fund - Series A
Median
Other - Tactical Balanced
3 Yr Annualized
| Standard Deviation | 7.83% | 9.07% | 8.81% |
|---|---|---|---|
| Beta | 1.04 | 1.02 | 1.06 |
| Alpha | 0.01 | 0.01 | 0.01 |
| Rsquared | 0.92% | 0.89% | 0.78% |
| Sharpe | 1.43 | 0.67 | 0.77 |
| Sortino | 2.87 | 1.05 | 0.98 |
| Treynor | 0.11 | 0.06 | 0.06 |
| Tax Efficiency | 87.23% | 79.57% | 79.89% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.20% | 7.83% | 9.07% | 8.81% |
| Beta | 0.98 | 1.04 | 1.02 | 1.06 |
| Alpha | 0.04 | 0.01 | 0.01 | 0.01 |
| Rsquared | 0.91% | 0.92% | 0.89% | 0.78% |
| Sharpe | 1.78 | 1.43 | 0.67 | 0.77 |
| Sortino | 3.12 | 2.87 | 1.05 | 0.98 |
| Treynor | 0.15 | 0.11 | 0.06 | 0.06 |
| Tax Efficiency | 89.11% | 87.23% | 79.57% | 79.89% |
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 | May 31, 1989 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $2,683 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS371 |
Investment Objectives
The fund’s objective is to obtain capital growth over the long term, while providing modest income. It invests primarily in a broad range of Canadian equity and fixed income securities. It may also invest in equity and fixed income securities from around the world.
Investment Strategy
The Fund’s asset mix will generally vary within the following ranges: 20-80% in equity securities and 20-80% in fixed income securities. The Fund may also invest a portion of its assets in money market instruments. The portfolio adviser determines the mix based on its analysis of market conditions and how it expects each asset class to perform. The portfolio adviser actively manages the allocation between equity and fixed income securities to try to maximize returns.
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P. |
|---|---|
| Sub-Advisor |
Connor, Clark & Lunn Investment Management Ltd.
|
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 | 1.95% |
|---|---|
| Management Fee | 1.65% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.75% |
| Trailer Fee Max (LL) | - |
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