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Global Neutral Balanced
|
NAVPS (11-19-2024) |
$14.79 |
|---|---|
| Change |
$0.09
(0.60%)
|
As at October 31, 2024
As at July 31, 2024
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Inception Return (July 11, 2011): 4.72%
| 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 | -1.00% | 2.73% | 9.31% | 11.79% | 22.92% | 15.68% | 4.21% | 8.15% | 7.55% | 8.08% | 6.86% | 6.50% | 5.62% | 4.91% |
| Benchmark | -2.76% | 1.60% | 8.16% | 8.36% | 21.76% | 13.76% | 0.91% | 5.04% | 5.18% | 6.24% | 5.13% | 6.09% | 5.86% | 5.19% |
| Category Average | -0.44% | 1.91% | 7.82% | 10.43% | 19.47% | 11.21% | 3.06% | 6.10% | 5.22% | 5.85% | 4.75% | 5.15% | 5.03% | 4.93% |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.52% | 3.23% | 0.23% | 3.57% | 2.38% | -3.77% | 3.24% | 2.71% | 0.35% | 2.35% | 1.39% | -1.00% |
| Benchmark | 7.23% | 4.79% | -0.51% | 1.79% | 1.95% | -2.97% | 2.55% | 1.41% | 2.37% | 2.28% | 2.15% | -2.76% |
7.77% (November 2020)
-7.81% (September 2022)
| 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 | - | - | - | - | - | - | - | - | - | - |
18.80% (2019)
-14.24% (2022)
| Name | Percent |
|---|---|
| US Equity | 49.30 |
| Foreign Corporate Bonds | 26.48 |
| Foreign Government Bonds | 10.92 |
| Canadian Equity | 5.91 |
| International Equity | 5.34 |
| Other | 2.05 |
| Name | Percent |
|---|---|
| Fixed Income | 37.39 |
| Technology | 17.69 |
| Healthcare | 11.47 |
| Consumer Services | 11.22 |
| Energy | 10.11 |
| Other | 12.12 |
| Name | Percent |
|---|---|
| North America | 94.33 |
| Asia | 3.08 |
| Europe | 2.26 |
| Africa and Middle East | 0.36 |
| Other | -0.03 |
| Name | Percent |
|---|---|
| 1832 AM U.S. $ Investment Grade U.S. Corp Bon Pl I | 27.45 |
| United States Treasury 3.00% 15-Aug-2052 | 6.20 |
| Amazon.com Inc | 4.88 |
| Meta Platforms Inc Cl A | 3.84 |
| UnitedHealth Group Inc | 3.27 |
| Taiwan Semiconductor Manufactrg Co Ltd - ADR | 3.08 |
| Microsoft Corp | 2.76 |
| Thermo Fisher Scientific Inc | 2.73 |
| Cenovus Energy Inc | 2.63 |
| Suncor Energy Inc | 2.63 |
Scotia U.S. $ Balanced Fund - Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 11.90% | 11.45% | 9.51% |
|---|---|---|---|
| Beta | 1.14% | 1.16% | 0.74% |
| Alpha | -0.01% | 0.00% | 0.00% |
| Rsquared | 0.74% | 0.70% | 0.37% |
| Sharpe | 0.11% | 0.50% | 0.39% |
| Sortino | 0.22% | 0.64% | 0.34% |
| Treynor | 0.01% | 0.05% | 0.05% |
| Tax Efficiency | 85.24% | 90.13% | 86.96% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.02% | 11.90% | 11.45% | 9.51% |
| Beta | 1.20% | 1.14% | 1.16% | 0.74% |
| Alpha | -0.03% | -0.01% | 0.00% | 0.00% |
| Rsquared | 0.63% | 0.74% | 0.70% | 0.37% |
| Sharpe | 1.84% | 0.11% | 0.50% | 0.39% |
| Sortino | 4.32% | 0.22% | 0.64% | 0.34% |
| Treynor | 0.14% | 0.01% | 0.05% | 0.05% |
| Tax Efficiency | 98.79% | 85.24% | 90.13% | 86.96% |
| 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) | $197 |
| 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.
| Name | Start Date |
|---|---|
| Derek Amery | 10-04-2019 |
| Damian Hoang | 10-04-2019 |
| 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 |
| 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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