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Tactical Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-25-2024) |
$12.79 |
|---|---|
| Change |
-$0.01
(-0.08%)
|
As at June 30, 2024
As at June 30, 2024
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Inception Return (March 01, 2016): 4.24%
| 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 | 0.72% | 0.72% | 3.94% | 3.94% | 7.84% | 7.69% | 1.24% | 4.78% | 3.88% | 3.67% | 3.68% | 3.92% | - | - |
| Benchmark | 1.79% | 1.93% | 7.81% | 7.81% | 14.07% | 12.55% | 3.51% | 5.23% | 5.76% | 5.68% | 6.03% | 6.45% | 6.40% | 7.19% |
| Category Average | 0.54% | 5.26% | 5.26% | 5.26% | 9.53% | 8.29% | 2.10% | 5.28% | 4.32% | 4.01% | 3.89% | 4.25% | 3.73% | 3.62% |
| Category Rank | 202 / 347 | 205 / 346 | 212 / 344 | 212 / 344 | 226 / 343 | 216 / 342 | 239 / 329 | 197 / 319 | 185 / 310 | 188 / 287 | 180 / 273 | 170 / 259 | - | - |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | - | - |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.34% | -0.67% | -3.17% | -0.70% | 4.93% | 3.18% | -0.25% | 1.73% | 1.70% | -2.23% | 2.28% | 0.72% |
| Benchmark | 1.75% | 0.57% | -3.70% | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% |
7.64% (April 2020)
-10.60% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | 6.73% | -5.68% | 12.45% | 7.27% | 9.01% | -10.89% | 8.54% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 6.78% | 0.31% | 5.78% | 6.18% | -5.55% | 12.58% | 5.65% | 9.53% | -9.83% | 8.35% |
| Quartile Ranking | - | - | - | 2 | 4 | 3 | 2 | 3 | 3 | 3 |
| Category Rank | - | - | - | 110/ 262 | 257/ 281 | 176/ 297 | 108/ 318 | 214/ 320 | 236/ 341 | 175/ 342 |
12.45% (2019)
-10.89% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 28.82 |
| US Equity | 20.00 |
| Canadian Equity | 17.26 |
| International Equity | 15.57 |
| Canadian Corporate Bonds | 10.04 |
| Other | 8.31 |
| Name | Percent |
|---|---|
| Fixed Income | 42.52 |
| Financial Services | 11.05 |
| Technology | 10.47 |
| Energy | 4.68 |
| Consumer Goods | 4.09 |
| Other | 27.19 |
| Name | Percent |
|---|---|
| North America | 80.77 |
| Asia | 8.74 |
| Europe | 5.75 |
| Multi-National | 3.43 |
| Latin America | 0.78 |
| Other | 0.53 |
| Name | Percent |
|---|---|
| BMO Aggregate Bond Index ETF (ZAG) | 29.95 |
| Schwab US Broad Market ETF (SCHB) | 14.71 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 14.20 |
| iShares Core MSCI EAFE ETF (IEFA) | 7.78 |
| BMO Long Provincial Bond Index ETF (ZPL) | 6.38 |
| BMO MSCI Canada Value Index ETF (ZVC) | 3.56 |
| Global X US 7-10 Yr Treas Bd Ind CC ETF (HTB) | 3.43 |
| Schwab amental EM Large Co Index ETF (FNDE) | 3.25 |
| NBI Liquid Alternatives ETF (NALT) | 3.00 |
| BMO Corporate Bond Index ETF (ZCB) | 2.98 |
Meritage Tactical ETF Balanced Portfolio Advisor Series/DSC
Median
Other - Tactical Balanced
| Standard Deviation | 8.99% | 9.99% | - |
|---|---|---|---|
| Beta | 0.92% | 1.09% | - |
| Alpha | -0.02% | -0.02% | - |
| Rsquared | 0.86% | 0.77% | - |
| Sharpe | -0.15% | 0.22% | - |
| Sortino | -0.21% | 0.18% | - |
| Treynor | -0.01% | 0.02% | - |
| Tax Efficiency | 54.24% | 87.37% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.88% | 8.99% | 9.99% | - |
| Beta | 0.96% | 0.92% | 1.09% | - |
| Alpha | -0.05% | -0.02% | -0.02% | - |
| Rsquared | 0.86% | 0.86% | 0.77% | - |
| Sharpe | 0.38% | -0.15% | 0.22% | - |
| Sortino | 1.09% | -0.21% | 0.18% | - |
| Treynor | 0.03% | -0.01% | 0.02% | - |
| Tax Efficiency | 94.02% | 54.24% | 87.37% | - |
| 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) | $141 |
| 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 | 1.95% |
|---|---|
| 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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