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Tactical Balanced
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NAVPS (07-25-2024) |
$11.68 |
---|---|
Change |
$0.00
(0.00%)
|
As at June 30, 2024
As at June 30, 2024
Inception Return (March 01, 2016): 3.21%
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 | 0.92% | 0.74% | 2.43% | 2.43% | 6.12% | 6.07% | 0.09% | 2.86% | 2.60% | 2.69% | 2.63% | 2.79% | - | - |
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 | 163 / 347 | 201 / 346 | 286 / 344 | 286 / 344 | 278 / 343 | 267 / 342 | 287 / 329 | 261 / 319 | 248 / 310 | 232 / 287 | 225 / 273 | 216 / 259 | - | - |
Quartile Ranking | 2 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.09% | -0.63% | -3.04% | -0.38% | 4.64% | 3.24% | -0.62% | 1.07% | 1.23% | -2.18% | 2.05% | 0.92% |
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% |
6.93% (April 2020)
-9.00% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | - | - | - | 4.92% | -4.63% | 10.81% | 7.04% | 6.09% | -11.31% | 7.62% |
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 | - | - | - | 3 | 3 | 4 | 2 | 4 | 3 | 3 |
Category Rank | - | - | - | 177/ 262 | 202/ 281 | 234/ 297 | 118/ 318 | 264/ 320 | 253/ 341 | 223/ 342 |
10.81% (2019)
-11.31% (2022)
Name | Percent |
---|---|
Canadian Government Bonds | 39.05 |
US Equity | 14.50 |
Canadian Corporate Bonds | 13.61 |
Canadian Equity | 12.53 |
International Equity | 11.31 |
Other | 9.00 |
Name | Percent |
---|---|
Fixed Income | 57.58 |
Financial Services | 8.03 |
Technology | 7.59 |
Energy | 3.40 |
Consumer Goods | 2.97 |
Other | 20.43 |
Name | Percent |
---|---|
North America | 83.86 |
Asia | 6.36 |
Multi-National | 4.65 |
Europe | 4.14 |
Latin America | 0.56 |
Other | 0.43 |
Name | Percent |
---|---|
BMO Aggregate Bond Index ETF (ZAG) | 40.59 |
Schwab US Broad Market ETF (SCHB) | 10.67 |
BMO S&P/TSX Capped Composite Index ETF (ZCN) | 10.31 |
BMO Long Provincial Bond Index ETF (ZPL) | 8.64 |
iShares Core MSCI EAFE ETF (IEFA) | 5.64 |
Global X US 7-10 Yr Treas Bd Ind CC ETF (HTB) | 4.65 |
BMO Corporate Bond Index ETF (ZCB) | 4.04 |
NBI Liquid Alternatives ETF (NALT) | 3.01 |
BMO MSCI Canada Value Index ETF (ZVC) | 2.58 |
Schwab amental EM Large Co Index ETF (FNDE) | 2.36 |
Meritage Tactical ETF Moderate Portfolio Advisor Series/DSC
Median
Other - Tactical Balanced
Standard Deviation | 8.19% | 8.82% | - |
---|---|---|---|
Beta | 0.84% | 0.98% | - |
Alpha | -0.03% | -0.03% | - |
Rsquared | 0.87% | 0.80% | - |
Sharpe | -0.32% | 0.10% | - |
Sortino | -0.42% | -0.01% | - |
Treynor | -0.03% | 0.01% | - |
Tax Efficiency | - | 81.17% | - |
Volatility |
|
|
- |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 7.49% | 8.19% | 8.82% | - |
Beta | 0.89% | 0.84% | 0.98% | - |
Alpha | -0.06% | -0.03% | -0.03% | - |
Rsquared | 0.81% | 0.87% | 0.80% | - |
Sharpe | 0.18% | -0.32% | 0.10% | - |
Sortino | 0.74% | -0.42% | -0.01% | - |
Treynor | 0.02% | -0.03% | 0.01% | - |
Tax Efficiency | 91.21% | - | 81.17% | - |
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) | $80 |
FundServ Code | Load Code | Sales Status |
---|---|---|
NBC7542 |
The Portfolio’s investment objective is to achieve a steady rate of return 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: 40%-80% of the net assets in Canadian and global fixed-income securities, 20%-60% 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 | 50 |
MER | 1.70% |
---|---|
Management Fee | 1.15% |
Load | Front Fee Only |
FE Max | - |
DSC Max | 6.00% |
Trailer Fee Max (FE) | - |
Trailer Fee Max (DSC) | 0.75% |
Trailer Fee Max (NL) | - |
Trailer Fee Max (LL) | - |
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