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Tactical Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-18-2025) |
$12.41 |
|---|---|
| Change |
$0.00
(0.00%)
|
As at June 30, 2025
As at June 30, 2025
Inception Return (March 01, 2016): 3.77%
| 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 | 1.47% | 1.80% | 2.31% | 2.31% | 8.60% | 7.35% | 6.91% | 2.15% | 3.99% | 3.57% | 3.51% | 3.36% | 3.42% | - |
| Benchmark | 2.53% | 2.76% | 3.35% | 3.35% | 12.62% | 13.35% | 12.58% | 5.72% | 6.67% | 6.88% | 6.64% | 6.83% | 7.12% | 7.01% |
| Category Average | 1.95% | 3.24% | 3.79% | 3.79% | 10.18% | 9.85% | 8.92% | 4.06% | 6.24% | 5.27% | 4.87% | 4.65% | 4.89% | 4.35% |
| Category Rank | 202 / 322 | 214 / 321 | 220 / 318 | 220 / 318 | 216 / 318 | 256 / 313 | 246 / 312 | 256 / 306 | 248 / 296 | 234 / 288 | 217 / 265 | 205 / 250 | 200 / 241 | - |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.68% | 0.25% | 2.14% | -0.50% | 2.65% | -1.16% | 1.98% | 0.08% | -1.53% | -1.64% | 2.00% | 1.47% |
| Benchmark | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% |
6.93% (April 2020)
-9.00% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | 4.92% | -4.63% | 10.81% | 7.04% | 6.09% | -11.31% | 7.62% | 8.74% |
| 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 | - | - | 3 | 3 | 4 | 2 | 4 | 4 | 3 | 4 |
| Category Rank | - | - | 161/ 244 | 180/ 258 | 224/ 275 | 102/ 295 | 250/ 297 | 245/ 311 | 199/ 312 | 254/ 314 |
10.81% (2019)
-11.31% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 28.28 |
| Canadian Equity | 17.70 |
| International Equity | 16.63 |
| US Equity | 15.56 |
| Canadian Corporate Bonds | 13.11 |
| Other | 8.72 |
| Name | Percent |
|---|---|
| Fixed Income | 46.54 |
| Financial Services | 11.96 |
| Technology | 8.58 |
| Basic Materials | 4.84 |
| Consumer Services | 3.65 |
| Other | 24.43 |
| Name | Percent |
|---|---|
| North America | 82.22 |
| Europe | 8.40 |
| Asia | 6.97 |
| Latin America | 0.79 |
| Africa and Middle East | 0.67 |
| Other | 0.95 |
| Name | Percent |
|---|---|
| BMO Aggregate Bond Index ETF (ZAG) | 32.68 |
| Schwab US Broad Market ETF (SCHB) | 11.00 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 10.27 |
| iShares Core MSCI EAFE ETF (IEFA) | 8.93 |
| BMO Corporate Bond Index ETF (ZCB) | 5.56 |
| CI MStar Canada Moment Indx ETF (WXM) | 5.09 |
| iShares Broad USD High Yield Corp Bond ETF (USHY) | 4.24 |
| BMO Long Provincial Bond Index ETF (ZPL) | 3.75 |
| Schwab amental EM Large Co Index ETF (FNDE) | 3.50 |
| BMO MSCI USA High Quality Index ETF (ZUQ) | 2.38 |
Meritage Tactical ETF Moderate Portfolio Advisor Series/DSC
Median
Other - Tactical Balanced
| Standard Deviation | 7.27% | 7.36% | - |
|---|---|---|---|
| Beta | 0.87% | 0.85% | - |
| Alpha | -0.04% | -0.02% | - |
| Rsquared | 0.89% | 0.87% | - |
| Sharpe | 0.41% | 0.23% | - |
| Sortino | 0.90% | 0.23% | - |
| Treynor | 0.03% | 0.02% | - |
| Tax Efficiency | 92.78% | 88.32% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.69% | 7.27% | 7.36% | - |
| Beta | 0.81% | 0.87% | 0.85% | - |
| Alpha | -0.01% | -0.04% | -0.02% | - |
| Rsquared | 0.91% | 0.89% | 0.87% | - |
| Sharpe | 0.89% | 0.41% | 0.23% | - |
| Sortino | 1.78% | 0.90% | 0.23% | - |
| Treynor | 0.06% | 0.03% | 0.02% | - |
| Tax Efficiency | 94.41% | 92.78% | 88.32% | - |
| 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) | $94 |
| 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.
| 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 | 50 |
| MER | 1.49% |
|---|---|
| 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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