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Tactical Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (02-11-2025) |
$13.69 |
|---|---|
| Change |
-$0.02
(-0.15%)
|
As at January 31, 2025
As at January 31, 2025
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Inception Return (March 01, 2016): 5.01%
| 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 | 2.38% | 4.12% | 6.37% | 2.38% | 14.07% | 9.00% | 4.18% | 4.74% | 4.92% | 5.64% | 4.52% | 4.82% | - | - |
| Benchmark | 2.72% | 5.85% | 8.38% | 2.72% | 19.75% | 13.94% | 7.22% | 6.21% | 6.79% | 7.75% | 6.97% | 7.50% | 7.02% | 6.89% |
| Category Average | 2.34% | 3.51% | 5.76% | 2.34% | 13.72% | 9.01% | 4.59% | 5.29% | 5.12% | 5.82% | 4.55% | 4.84% | 5.22% | 4.30% |
| Category Rank | 182 / 341 | 163 / 341 | 184 / 339 | 182 / 341 | 200 / 336 | 191 / 333 | 201 / 332 | 204 / 313 | 173 / 311 | 174 / 292 | 176 / 273 | 159 / 254 | - | - |
| Quartile Ranking | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | - | - |
| Return % | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.73% | 1.70% | -2.23% | 2.28% | 0.72% | 2.92% | 0.23% | 2.30% | -0.37% | 3.16% | -1.41% | 2.38% |
| Benchmark | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% |
7.64% (April 2020)
-10.60% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | 6.73% | -5.68% | 12.45% | 7.27% | 9.01% | -10.89% | 8.54% | 11.14% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 0.31% | 5.78% | 6.18% | -5.55% | 12.58% | 5.65% | 9.53% | -9.83% | 8.35% | 11.73% |
| Quartile Ranking | - | - | 2 | 4 | 3 | 2 | 3 | 3 | 2 | 3 |
| Category Rank | - | - | 102/ 254 | 246/ 273 | 180/ 291 | 96/ 311 | 217/ 313 | 233/ 332 | 162/ 333 | 221/ 335 |
12.45% (2019)
-10.89% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 24.91 |
| Canadian Equity | 23.91 |
| US Equity | 23.71 |
| International Equity | 11.34 |
| Canadian Corporate Bonds | 8.79 |
| Other | 7.34 |
| Name | Percent |
|---|---|
| Fixed Income | 37.95 |
| Financial Services | 13.55 |
| Technology | 11.67 |
| Energy | 5.09 |
| Basic Materials | 4.24 |
| Other | 27.50 |
| Name | Percent |
|---|---|
| North America | 85.72 |
| Asia | 6.22 |
| Europe | 4.19 |
| Multi-National | 1.88 |
| Latin America | 0.66 |
| Other | 1.33 |
| Name | Percent |
|---|---|
| BMO Aggregate Bond Index ETF (ZAG) | 25.64 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 20.25 |
| Schwab US Broad Market ETF (SCHB) | 17.13 |
| iShares Core MSCI EAFE ETF (IEFA) | 5.77 |
| BMO Long Provincial Bond Index ETF (ZPL) | 5.66 |
| BMO MSCI Canada Value Index ETF (ZVC) | 4.14 |
| BMO Corporate Bond Index ETF (ZCB) | 2.63 |
| Schwab amental EM Large Co Index ETF (FNDE) | 2.52 |
| BMO MSCI USA High Quality Index ETF (ZUQ) | 2.43 |
| Invesco S&P 500 Eql Wght ETF (RSP) | 2.42 |
Meritage Tactical ETF Balanced Portfolio Advisor Series/DSC
Median
Other - Tactical Balanced
| Standard Deviation | 9.03% | 10.21% | - |
|---|---|---|---|
| Beta | 0.96% | 1.09% | - |
| Alpha | -0.03% | -0.02% | - |
| Rsquared | 0.89% | 0.78% | - |
| Sharpe | 0.09% | 0.29% | - |
| Sortino | 0.24% | 0.32% | - |
| Treynor | 0.01% | 0.03% | - |
| Tax Efficiency | 87.06% | 90.58% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.02% | 9.03% | 10.21% | - |
| Beta | 1.06% | 0.96% | 1.09% | - |
| Alpha | -0.06% | -0.03% | -0.02% | - |
| Rsquared | 0.85% | 0.89% | 0.78% | - |
| Sharpe | 1.52% | 0.09% | 0.29% | - |
| Sortino | 3.41% | 0.24% | 0.32% | - |
| Treynor | 0.09% | 0.01% | 0.03% | - |
| Tax Efficiency | 97.55% | 87.06% | 90.58% | - |
| 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) | $179 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NBC7543 |
The Portfolio’s investment objective is to achieve a combination of income and long-term capital appreciation by making tactical investments primarily in a diverse mix of exchange-traded funds (“ETFs”) that are fixed-income funds and equity funds.
The target weighting for each asset class in which the Portfolio invests under normal market conditions is the following: 25%-65% of the net assets in Canadian and global fixed-income securities, 35%-75% of the net assets in Canadian and global equity securities. The Portfolio achieves exposure to the above asset classes by investing up to 100% of its assets in ETFs.
| Name | Start Date |
|---|---|
| National Bank Trust Inc. | 07-19-2021 |
| Fund Manager | National Bank Investments Inc. |
|---|---|
| Advisor | National Bank Trust Inc. |
| Custodian | Natcan Trust Company |
| Registrar | Natcan Trust Company |
| Distributor | - |
| Auditor | Raymond Chabot Grant Thornton LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.73% |
|---|---|
| Management Fee | 1.40% |
| 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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