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Scotia Dividend Balanced Fund - Series A

Canadian Equity Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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

2014, 2013

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NAVPS
(02-11-2025)
$14.77
Change
-$0.01 (-0.09%)

As at January 31, 2025

As at December 31, 2024

As at December 31, 2024

Period
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Legend

Scotia Dividend Balanced Fund - Series A

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Fund Returns

Inception Return (August 30, 2010): 6.27%

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 1.05% 3.44% 6.88% 1.05% 12.71% 6.66% 5.13% 8.45% 7.03% 7.43% 6.20% 5.41% 6.52% 5.19%
Benchmark 2.89% 5.40% 9.91% 2.89% 20.40% 11.93% 7.71% 9.97% 8.77% 9.55% 8.34% 7.98% 9.00% 7.22%
Category Average 2.70% 4.60% 6.87% 2.70% 15.47% 10.13% 6.01% 8.10% 6.96% 7.54% 6.15% 6.11% 6.81% 5.58%
Category Rank 362 / 374 344 / 373 229 / 373 362 / 374 344 / 370 360 / 367 298 / 363 191 / 355 208 / 329 230 / 323 206 / 301 238 / 274 204 / 261 203 / 251
Quartile Ranking 4 4 3 4 4 4 4 3 3 3 3 4 4 4

Monthly Return

Monthly Return
Return % Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
Fund 1.00% 1.50% -2.39% 1.81% -1.02% 4.57% 1.17% 3.88% -1.68% 4.34% -1.89% 1.05%
Benchmark 1.27% 3.22% -1.85% 2.08% -0.32% 4.94% 1.05% 2.82% 0.37% 5.15% -2.58% 2.89%

Best Monthly Return Since Inception

9.18% (November 2020)

Worst Monthly Return Since Inception

-10.41% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -5.34% 14.38% 0.67% -6.61% 14.10% 2.25% 18.79% -3.62% 6.67% 11.71%
Benchmark -5.39% 15.95% 7.50% -6.34% 18.83% 6.85% 17.62% -7.12% 10.48% 17.11%
Category Average -2.09% 10.63% 6.12% -6.63% 14.36% 4.77% 15.38% -7.74% 9.70% 12.92%
Quartile Ranking 4 1 4 3 3 3 1 1 4 4
Category Rank 202/ 251 64/ 260 266/ 272 163/ 301 231/ 321 238/ 329 82/ 355 52/ 363 340/ 367 296/ 369

Best Calendar Return (Last 10 years)

18.79% (2021)

Worst Calendar Return (Last 10 years)

-6.61% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 52.91
Canadian Government Bonds 15.90
Canadian Corporate Bonds 9.79
International Equity 8.00
US Equity 6.10
Other 7.30

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 25.76
Financial Services 19.95
Energy 11.25
Industrial Services 8.92
Utilities 5.15
Other 28.97

Geographic Allocation

Geographic Allocation
Name Percent
North America 92.05
Europe 8.00
Other -0.05

Top Holdings

Top Holdings
Name Percent
Scotia Canadian Income Fund Series I 25.54
Enerflex Ltd 6.04
Northland Power Inc 5.15
Eurofins Scientific SE 3.77
Scotia Wealth Canadian Corporate Bond Pool K 3.40
Royal Bank of Canada 3.30
iA Financial Corp Inc 3.12
Bank of Nova Scotia 3.05
Power Corp of Canada 2.39
Toronto-Dominion Bank 2.34

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Scotia Dividend Balanced Fund - Series A

Median

Other - Canadian Equity Balanced

3 Yr Annualized

Standard Deviation 10.55% 11.44% 9.31%
Beta 0.88% 0.84% 0.85%
Alpha -0.02% 0.00% -0.01%
Rsquared 0.93% 0.91% 0.88%
Sharpe 0.17% 0.45% 0.41%
Sortino 0.38% 0.59% 0.40%
Treynor 0.02% 0.06% 0.05%
Tax Efficiency 67.54% 81.83% 79.23%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 4 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 8.37% 10.55% 11.44% 9.31%
Beta 0.92% 0.88% 0.84% 0.85%
Alpha -0.05% -0.02% 0.00% -0.01%
Rsquared 0.85% 0.93% 0.91% 0.88%
Sharpe 0.97% 0.17% 0.45% 0.41%
Sortino 2.27% 0.38% 0.59% 0.40%
Treynor 0.09% 0.02% 0.06% 0.05%
Tax Efficiency 85.21% 67.54% 81.83% 79.23%

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 August 30, 2010
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $363

Fund Codes

FundServ Code Load Code Sales Status
BNS310

Investment Objectives

The fund’s objective is to achieve long-term capital growth and current income return. It invests, either directly or through investing in securities of other funds, primarily in equity securities of companies that pay dividends or that are expected to pay dividends, fixed income securities, and other securities that are expected to distribute income.

Investment Strategy

The portfolio adviser uses fundamental analysis to identify investments that pay dividends and income and/or have the potential for capital growth over the long term. This involves evaluating the financial condition and management of each company, as well as its industry and the economy. The Fund’s assets are diversified by industry and company to help reduce risk.

Portfolio Manager(s)

Name Start Date
Romas Budd 11-01-2011
Rory Ronan 04-23-2018
Eric Mencke 04-23-2018
Don Simpson 04-23-2018

Management and Organization

Fund Manager 1832 Asset Management L.P.
Advisor 1832 Asset Management L.P.
Custodian State Street Trust Company Canada
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 1.93%
Management Fee 1.65%
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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