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Meritage Global Growth Plus Portfolio Advisor Series/DSC

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Global 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

Click for more information on Fundata’s ESG Grade.

NAVPS
(08-29-2025) 		$16.37
Change
-$0.06 (-0.37%)

As at July 31, 2025

As at April 30, 2025

As at July 31, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Oct 2022Apr 2023Oct 2023Apr 2024Oct 2024Apr 2025Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025$10,000$9,000$11,000$12,000$13,000$14,000Period

Legend

Meritage Global Growth Plus Portfolio Advisor Series/DSC

Compare Options

Fund Returns

Inception Return (March 01, 2016): 7.60%

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 0.87% 9.39% 2.02% 6.01% 11.78% 12.79% 11.23% 5.18% 8.55% 7.58% 6.78% 6.87% 7.14% -
Benchmark 2.10% 9.14% 2.68% 6.03% 13.06% 15.82% 14.47% 7.98% 9.57% 9.57% 8.85% 9.34% 9.16% 8.52%
Category Average 1.17% 7.36% 1.90% 5.29% 9.93% 12.21% 10.57% 5.54% 7.88% 7.22% 6.50% 6.61% 6.55% 5.88%
Category Rank 1,105 / 1,355 209 / 1,354 734 / 1,333 534 / 1,333 442 / 1,319 569 / 1,260 547 / 1,222 681 / 1,105 389 / 1,043 480 / 1,022 441 / 891 436 / 825 333 / 768 -
Quartile Ranking 4 1 3 2 2 2 2 3 2 2 2 3 2 -

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%
Monthly Return
Return % Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Fund 0.40% 2.45% 0.39% 4.05% -1.85% 3.91% -1.26% -3.89% -1.73% 5.00% 3.28% 0.87%
Benchmark -0.02% 2.38% 0.42% 3.57% 0.16% 3.26% -0.48% -3.00% -2.54% 3.76% 3.03% 2.10%

Best Monthly Return Since Inception

9.59% (November 2020)

Worst Monthly Return Since Inception

-12.94% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - 11.76% -7.55% 17.91% 9.49% 10.43% -11.46% 10.10% 17.53%
Benchmark 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07% 21.57%
Category Average 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42% 15.99%
Quartile Ranking - - 1 4 1 2 4 2 3 2
Category Rank - - 179/ 770 759/ 848 140/ 942 427/ 1,028 834/ 1,077 561/ 1,173 852/ 1,223 531/ 1,306

Best Calendar Return (Last 10 years)

17.91% (2019)

Worst Calendar Return (Last 10 years)

-11.46% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 35.34
International Equity 28.34
Canadian Equity 23.56
Canadian Government Bonds 4.15
Canadian Corporate Bonds 2.97
Other 5.64

Sector Allocation

Sector Allocation
Name Percent
Technology 20.72
Financial Services 19.23
Fixed Income 9.38
Consumer Services 8.18
Healthcare 7.43
Other 35.06

Geographic Allocation

Geographic Allocation
Name Percent
North America 70.63
Europe 15.01
Asia 12.40
Latin America 1.53
Africa and Middle East 0.43

Top Holdings

Top Holdings
Name Percent
TD Global Equity Focused Fund - Investor Series 15.34
Capital Group Global Equity Fund (Canada) Ser I 15.29
Sun Life MFS Global Growth Fund Series I 14.87
AGF American Growth Fund Series O 10.04
NBI Canadian All Cap Equity Fund Investor Series 7.55
RBC Vision Canadian Equity Fund Series A 7.54
Leith Wheeler Canadian Equity Fund Series A 7.51
RBC Emerging Markets Equity Fund Series O 6.75
PH&N Overseas Equity Fund Series O 4.48
CI Canadian Bond Fund Class I 3.56

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return567891011121314151617180%5%10%15%20%25%

Meritage Global Growth Plus Portfolio Advisor Series/DSC

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 10.58% 10.76% -
Beta 1.12% 1.06% -
Alpha -0.04% -0.01% -
Rsquared 0.92% 0.90% -
Sharpe 0.68% 0.58% -
Sortino 1.35% 0.89% -
Treynor 0.06% 0.06% -
Tax Efficiency 96.35% 94.07% -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 6 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 9.71% 10.58% 10.76% -
Beta 1.14% 1.12% 1.06% -
Alpha -0.03% -0.04% -0.01% -
Rsquared 0.90% 0.92% 0.90% -
Sharpe 0.87% 0.68% 0.58% -
Sortino 1.64% 1.35% 0.89% -
Treynor 0.07% 0.06% 0.06% -
Tax Efficiency 90.46% 96.35% 94.07% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A42.9​42.949.3​49.30%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A43.8​43.848.9​48.90%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A43.1​43.148.6​48.60%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A44.5​44.549.9​49.90%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

Fund Details

Start Date March 01, 2016
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $37

Fund Codes

FundServ Code Load Code Sales Status
NBC7535

Investment Objectives

The Portfolio’s investment objective is to achieve long-term capital appreciation by investing primarily in a diverse mix of mutual funds (that may include exchange-traded funds (“ETFs”)) that are global fixed-income funds and global equity funds.

Investment Strategy

The target weighting for each asset class in which the Portfolio invests under normal market conditions is the following: 5%-25% of the net assets in global fixed-income securities, 75%-95% of the net assets in global equity securities. The Portfolio Manager may, in its sole discretion, review and adjust the target weighting of each asset class depending on economic and market conditions.

Portfolio Management

Portfolio Manager

National Bank Trust Inc.
Sub-Advisor

-

Management and Organization

Fund Manager

National Bank Investments Inc.
Custodian

Natcan Trust Company
Registrar

Natcan Trust Company
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 50

Fees

MER 2.42%
Management Fee 2.00%
Load Front Fee Only
FE Max -
DSC Max 6.00%
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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