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Global Neutral Balanced
|
NAVPS (04-08-2025) |
$13.24 |
|---|---|
| Change |
-$0.13
(-1.00%)
|
As at March 31, 2025
As at February 28, 2025
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Inception Return (July 11, 2011): 4.69%
| 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 | -3.16% | -1.62% | 0.43% | -1.62% | 6.71% | 12.09% | 5.86% | 4.69% | 9.70% | 7.56% | 6.96% | 6.24% | 6.07% | 4.83% |
| Benchmark | -1.64% | 0.67% | -2.44% | 0.67% | 5.29% | 8.71% | 2.98% | 2.30% | 7.34% | 5.34% | 4.77% | 5.56% | 5.81% | 5.21% |
| Category Average | -1.86% | 0.71% | 1.83% | 0.71% | 8.09% | 9.11% | 4.88% | 4.42% | 7.75% | 5.33% | 5.11% | 4.96% | 5.42% | 4.54% |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -3.77% | 3.24% | 2.71% | 0.35% | 2.35% | 1.39% | -1.00% | 4.79% | -1.59% | 3.32% | -1.67% | -3.16% |
| Benchmark | -2.97% | 2.55% | 1.41% | 2.37% | 2.28% | 2.15% | -2.76% | 2.18% | -2.47% | 2.05% | 0.29% | -1.64% |
7.77% (November 2020)
-7.81% (September 2022)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -5.11% | 4.92% | 3.26% | -5.58% | 18.80% | 12.63% | 9.68% | -14.24% | 17.36% | 15.27% |
| Benchmark | -1.74% | 5.51% | 16.32% | -5.58% | 17.91% | 13.35% | 6.94% | -17.27% | 14.38% | 7.99% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
18.80% (2019)
-14.24% (2022)
| Name | Percent |
|---|---|
| US Equity | 46.00 |
| Canadian Corporate Bonds | 26.03 |
| Foreign Government Bonds | 14.31 |
| International Equity | 7.74 |
| Canadian Equity | 3.76 |
| Other | 2.16 |
| Name | Percent |
|---|---|
| Fixed Income | 41.45 |
| Technology | 20.38 |
| Consumer Services | 11.49 |
| Energy | 9.42 |
| Healthcare | 5.03 |
| Other | 12.23 |
| Name | Percent |
|---|---|
| North America | 92.26 |
| Europe | 4.86 |
| Asia | 2.89 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| 1832 AM INV GRADE US CORP BOND | 26.03 |
| United States Treasury 3.00% 15-Aug-2052 | 5.15 |
| Meta Platforms Inc Cl A | 4.65 |
| Microsoft Corp | 4.54 |
| Eaton Corp PLC | 4.05 |
| Chesapeake Energy Corp | 3.93 |
| United States Treasury 4.63% 15-Feb-2035 | 3.92 |
| United States Treasury 4.25% 15-Feb-2028 | 3.68 |
| Walmart Inc | 3.53 |
| NVIDIA Corp | 3.44 |
Scotia U.S. $ Balanced Fund - Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 12.23% | 11.10% | 9.65% |
|---|---|---|---|
| Beta | 1.25% | 1.15% | 0.89% |
| Alpha | -0.04% | 0.01% | -0.01% |
| Rsquared | 0.81% | 0.70% | 0.47% |
| Sharpe | 0.21% | 0.68% | 0.36% |
| Sortino | 0.40% | 0.98% | 0.32% |
| Treynor | 0.02% | 0.07% | 0.04% |
| Tax Efficiency | 91.35% | 92.83% | 84.29% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.68% | 12.23% | 11.10% | 9.65% |
| Beta | 1.27% | 1.25% | 1.15% | 0.89% |
| Alpha | -0.07% | -0.04% | 0.01% | -0.01% |
| Rsquared | 0.63% | 0.81% | 0.70% | 0.47% |
| Sharpe | 0.31% | 0.21% | 0.68% | 0.36% |
| Sortino | 0.65% | 0.40% | 0.98% | 0.32% |
| Treynor | 0.02% | 0.02% | 0.07% | 0.04% |
| Tax Efficiency | 81.89% | 91.35% | 92.83% | 84.29% |
| 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) | $224 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS308 |
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.
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 |
1832 Asset Management L.P.
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
1832 Asset Management L.P. |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
1832 Asset Management L.P. |
| Distributor |
Scotia Securities Inc. |
| 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 |
| 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) | - |
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