Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Fund Search
ETF Search
Stock Search

Join Fund Library now and get free access to personalized features to help you manage your investments.

Sign up Now More Info

Scotia U.S. $ Balanced Fund - Series A

  • Premium Feature Only
Add to My Watchlist

Global Neutral Balanced

NAVPS
(12-13-2024) 		$15.16
Change
$0.01 (0.04%)

As at November 30, 2024

As at October 31, 2024

Period
Loading...

Legend

Scotia U.S. $ Balanced Fund - Series A

Compare Options

Fund Returns

Inception Return (July 11, 2011): 5.06%

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 4.79% 5.18% 10.95% 17.14% 20.93% 15.56% 6.58% 7.39% 8.16% 8.69% 7.31% 6.78% 6.24% 5.20%
Benchmark 2.18% 1.50% 7.78% 10.72% 16.03% 11.36% 2.16% 3.70% 5.44% 6.44% 5.23% 6.53% 6.26% 5.35%
Category Average 2.87% 4.25% 8.53% 13.60% 16.89% 10.20% 4.14% 5.37% 5.45% 6.18% 5.05% 5.53% 5.33% 5.08%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 3.23% 0.23% 3.57% 2.38% -3.77% 3.24% 2.71% 0.35% 2.35% 1.39% -1.00% 4.79%
Benchmark 4.79% -0.51% 1.79% 1.95% -2.97% 2.55% 1.41% 2.37% 2.28% 2.15% -2.76% 2.18%

Best Monthly Return Since Inception

7.77% (November 2020)

Worst Monthly Return Since Inception

-7.81% (September 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 2.62% -5.11% 4.92% 3.26% -5.58% 18.80% 12.63% 9.68% -14.24% 17.36%
Benchmark 2.93% -1.74% 5.51% 16.32% -5.58% 17.91% 13.35% 6.94% -17.27% 14.38%
Category Average 7.77% 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

18.80% (2019)

Worst Calendar Return (Last 10 years)

-14.24% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 48.31
Foreign Corporate Bonds 25.18
Foreign Government Bonds 14.28
International Equity 5.54
Canadian Equity 5.25
Other 1.44

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 39.46
Technology 18.64
Consumer Services 11.70
Energy 11.10
Healthcare 10.08
Other 9.02

Geographic Allocation

Geographic Allocation
Name Percent
North America 94.49
Asia 3.36
Europe 2.18
Other -0.03

Top Holdings

Top Holdings
Name Percent
1832 AM U.S. $ Investment Grade U.S. Corp Bon Pl I 26.32
United States Treasury 3.00% 15-Aug-2052 5.75
Meta Platforms Inc Cl A 4.36
Chesapeake Energy Corp 4.19
United States Treasury 4.13% 30-Sep-2027 3.54
Taiwan Semiconductor Manufactrg Co Ltd - ADR 3.36
Walmart Inc 3.23
Tourmaline Oil Corp 3.09
UnitedHealth Group Inc 3.04
Netflix Inc 2.67

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Scotia U.S. $ Balanced Fund - Series A

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 12.07% 11.58% 9.60%
Beta 1.17% 1.18% 0.75%
Alpha 0.01% 0.01% 0.00%
Rsquared 0.78% 0.70% 0.38%
Sharpe 0.29% 0.54% 0.41%
Sortino 0.49% 0.71% 0.38%
Treynor 0.03% 0.05% 0.05%
Tax Efficiency 90.63% 91.06% 87.96%
Volatility Volatility rating is 6 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 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.15% 12.07% 11.58% 9.60%
Beta 1.17% 1.17% 1.18% 0.75%
Alpha -0.02% 0.01% 0.01% 0.00%
Rsquared 0.51% 0.78% 0.70% 0.38%
Sharpe 1.83% 0.29% 0.54% 0.41%
Sortino 3.91% 0.49% 0.71% 0.38%
Treynor 0.13% 0.03% 0.05% 0.05%
Tax Efficiency 98.76% 90.63% 91.06% 87.96%

Fund Details

Start Date July 11, 2011
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency USD
Distribution Frequency Quarterly
Assets ($mil) $209

Fund Codes

FundServ Code Load Code Sales Status
BNS308

Investment Objectives

The fund’s objective is to provide long term capital growth and current income in U.S. dollars. It invests primarily in a combination of fixed income and equity securities that are denominated in U.S. dollars.

Investment Strategy

The Fund uses an asset allocation approach by investing in a diversified portfolio primarily consisting of fixed income and equity securities denominated in U.S. dollars. The Fund’s asset mix will vary according to the portfolio adviser’s view of market and economic conditions. Investment analysis for the equity component of the Fund’s portfolio follows a bottom-up approach, which emphasizes careful company specific analysis.

Portfolio Manager(s)

Name Start Date
Derek Amery 10-04-2019
Damian Hoang 10-04-2019

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 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.94%
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) -

Join Fund Library now and get free access to personalized features to help you manage your investments.

Sign up Now More Info