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Tactical Balanced
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NAVPS (10-31-2024) |
$12.06 |
---|---|
Change |
-$0.03
(-0.25%)
|
As at September 30, 2024
As at September 30, 2024
Inception Return (March 01, 2016): 3.72%
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 | 2.14% | 5.14% | 5.92% | 7.70% | 15.92% | 9.33% | 1.88% | 3.50% | 3.46% | 3.59% | 3.42% | 3.06% | - | - |
Benchmark | 2.25% | 5.52% | 7.56% | 13.77% | 22.16% | 16.11% | 4.86% | 5.75% | 6.55% | 6.63% | 6.88% | 6.53% | 6.81% | 7.54% |
Category Average | 1.79% | 5.25% | 6.12% | 10.77% | 18.29% | 12.02% | 3.94% | 5.79% | 5.18% | 4.81% | 4.56% | 4.50% | 4.75% | 4.21% |
Category Rank | 106 / 341 | 194 / 341 | 214 / 340 | 289 / 338 | 252 / 338 | 257 / 336 | 269 / 330 | 269 / 314 | 247 / 307 | 231 / 284 | 223 / 272 | 210 / 254 | - | - |
Quartile Ranking | 2 | 3 | 3 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - |
Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.38% | 4.64% | 3.24% | -0.62% | 1.07% | 1.23% | -2.18% | 2.05% | 0.92% | 2.68% | 0.25% | 2.14% |
Benchmark | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% |
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 | - | - | - | 169/ 254 | 192/ 273 | 234/ 291 | 106/ 312 | 264/ 314 | 250/ 335 | 211/ 336 |
10.81% (2019)
-11.31% (2022)
Name | Percent |
---|---|
Canadian Government Bonds | 38.94 |
US Equity | 14.47 |
Canadian Corporate Bonds | 13.55 |
Canadian Equity | 12.64 |
International Equity | 11.54 |
Other | 8.86 |
Name | Percent |
---|---|
Fixed Income | 58.63 |
Financial Services | 8.48 |
Technology | 7.48 |
Energy | 3.13 |
Consumer Goods | 2.95 |
Other | 19.33 |
Name | Percent |
---|---|
North America | 82.46 |
Asia | 6.53 |
Multi-National | 4.52 |
Europe | 4.13 |
Latin America | 0.60 |
Other | 1.76 |
Name | Percent |
---|---|
BMO Aggregate Bond Index ETF (ZAG) | 40.43 |
Schwab US Broad Market ETF (SCHB) | 10.70 |
BMO S&P/TSX Capped Composite Index ETF (ZCN) | 10.38 |
BMO Long Provincial Bond Index ETF (ZPL) | 8.67 |
iShares Core MSCI EAFE ETF (IEFA) | 5.67 |
Global X US 7-10 Yr Treas Bd Ind CC ETF (HTB) | 4.52 |
BMO Corporate Bond Index ETF (ZCB) | 4.03 |
NBI Liquid Alternatives ETF (NALT) | 2.97 |
BMO MSCI Canada Value Index ETF (ZVC) | 2.57 |
Schwab amental EM Large Co Index ETF (FNDE) | 2.48 |
Meritage Tactical ETF Moderate Portfolio Advisor Series/DSC
Median
Other - Tactical Balanced
Standard Deviation | 8.26% | 8.92% | - |
---|---|---|---|
Beta | 0.86% | 0.97% | - |
Alpha | -0.02% | -0.03% | - |
Rsquared | 0.87% | 0.80% | - |
Sharpe | -0.14% | 0.18% | - |
Sortino | -0.13% | 0.12% | - |
Treynor | -0.01% | 0.02% | - |
Tax Efficiency | 74.68% | 85.99% | - |
Volatility | - |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 6.44% | 8.26% | 8.92% | - |
Beta | 0.96% | 0.86% | 0.97% | - |
Alpha | -0.05% | -0.02% | -0.03% | - |
Rsquared | 0.80% | 0.87% | 0.80% | - |
Sharpe | 1.61% | -0.14% | 0.18% | - |
Sortino | 4.54% | -0.13% | 0.12% | - |
Treynor | 0.11% | -0.01% | 0.02% | - |
Tax Efficiency | 96.54% | 74.68% | 85.99% | - |
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) | $88 |
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 | 1.48% |
---|---|
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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