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Tactical Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (04-30-2025) |
$13.20 |
|---|---|
| Change |
-$0.01
(-0.08%)
|
As at March 31, 2025
As at March 31, 2025
Inception Return (March 01, 2016): 4.67%
| 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 | -1.90% | 0.15% | 1.47% | 0.15% | 7.85% | 7.67% | 3.77% | 3.70% | 7.64% | 4.66% | 4.32% | 4.15% | 4.48% | - |
| Benchmark | -2.06% | 0.58% | 3.86% | 0.58% | 11.71% | 12.04% | 7.91% | 5.78% | 7.63% | 6.63% | 6.42% | 6.59% | 7.01% | 6.53% |
| Category Average | -1.81% | 0.53% | 1.40% | 0.53% | 7.61% | 8.50% | 4.38% | 4.26% | 7.36% | 5.01% | 4.55% | 4.26% | 4.80% | 3.90% |
| Category Rank | 189 / 338 | 195 / 338 | 219 / 338 | 195 / 338 | 197 / 337 | 213 / 332 | 218 / 332 | 219 / 318 | 154 / 310 | 184 / 296 | 188 / 275 | 166 / 253 | 146 / 220 | - |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -2.23% | 2.28% | 0.72% | 2.92% | 0.23% | 2.30% | -0.37% | 3.16% | -1.41% | 2.38% | -0.29% | -1.90% |
| Benchmark | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% |
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 | - | - | 101/ 253 | 245/ 272 | 179/ 290 | 96/ 310 | 216/ 312 | 233/ 331 | 162/ 332 | 220/ 334 |
12.45% (2019)
-10.89% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 25.19 |
| Canadian Equity | 22.31 |
| US Equity | 21.33 |
| International Equity | 14.90 |
| Canadian Corporate Bonds | 8.71 |
| Other | 7.56 |
| Name | Percent |
|---|---|
| Fixed Income | 37.95 |
| Financial Services | 14.07 |
| Technology | 11.11 |
| Energy | 5.41 |
| Basic Materials | 4.60 |
| Other | 26.86 |
| Name | Percent |
|---|---|
| North America | 81.16 |
| Europe | 7.53 |
| Asia | 6.25 |
| Latin America | 0.85 |
| Africa and Middle East | 0.52 |
| Other | 3.69 |
| Name | Percent |
|---|---|
| BMO Aggregate Bond Index ETF (ZAG) | 25.86 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 19.50 |
| Schwab US Broad Market ETF (SCHB) | 15.63 |
| iShares Core MSCI EAFE ETF (IEFA) | 7.73 |
| BMO Long Provincial Bond Index ETF (ZPL) | 5.68 |
| iShares 3-7 Year Treasury Bond ETF (IEI) | 3.84 |
| BMO MSCI Canada Value Index ETF (ZVC) | 3.39 |
| Schwab amental EM Large Co Index ETF (FNDE) | 3.39 |
| Invesco S&P 500 Eql Wght ETF (RSP) | 3.34 |
| BMO MSCI USA High Quality Index ETF (ZUQ) | 3.27 |
Meritage Tactical ETF Balanced Portfolio Advisor Series/DSC
Median
Other - Tactical Balanced
| Standard Deviation | 9.07% | 8.76% | - |
|---|---|---|---|
| Beta | 1.00% | 0.99% | - |
| Alpha | -0.04% | 0.00% | - |
| Rsquared | 0.93% | 0.84% | - |
| Sharpe | 0.03% | 0.61% | - |
| Sortino | 0.17% | 0.89% | - |
| Treynor | 0.00% | 0.05% | - |
| Tax Efficiency | 85.48% | 93.45% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.69% | 9.07% | 8.76% | - |
| Beta | 1.04% | 1.00% | 0.99% | - |
| Alpha | -0.04% | -0.04% | 0.00% | - |
| Rsquared | 0.90% | 0.93% | 0.84% | - |
| Sharpe | 0.58% | 0.03% | 0.61% | - |
| Sortino | 1.27% | 0.17% | 0.89% | - |
| Treynor | 0.04% | 0.00% | 0.05% | - |
| Tax Efficiency | 95.75% | 85.48% | 93.45% | - |
| 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) | $176 |
| 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.
| Portfolio Manager |
National Bank Trust Inc. |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
National Bank Investments Inc. |
|---|---|
| Custodian |
Natcan Trust Company |
| Registrar |
Natcan Trust Company |
| Distributor |
- |
| 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 | 1.74% |
|---|---|
| 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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