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Tactical Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (08-22-2025) |
$12.73 |
|---|---|
| Change |
$0.08
(0.63%)
|
As at July 31, 2025
As at July 31, 2025
Inception Return (March 01, 2016): 3.78%
| 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 | 0.40% | 3.92% | 0.73% | 2.72% | 6.19% | 7.62% | 5.67% | 2.04% | 3.50% | 3.60% | 3.53% | 3.57% | 3.22% | - |
| Benchmark | 1.48% | 6.62% | 2.10% | 4.88% | 10.66% | 13.20% | 11.58% | 5.69% | 6.45% | 7.05% | 6.81% | 7.24% | 6.89% | 6.68% |
| Category Average | 0.58% | 5.14% | 2.00% | 4.39% | 7.88% | 9.53% | 7.62% | 4.00% | 5.76% | 5.31% | 4.83% | 4.79% | 4.68% | 4.28% |
| Category Rank | 230 / 324 | 216 / 321 | 209 / 317 | 225 / 317 | 229 / 317 | 242 / 312 | 245 / 311 | 262 / 305 | 251 / 296 | 235 / 288 | 217 / 266 | 212 / 257 | 200 / 241 | - |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - |
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.25% | 2.14% | -0.50% | 2.65% | -1.16% | 1.98% | 0.08% | -1.53% | -1.64% | 2.00% | 1.47% | 0.40% |
| Benchmark | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% | 1.48% |
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/ 274 | 102/ 294 | 249/ 296 | 244/ 310 | 199/ 311 | 253/ 313 |
10.81% (2019)
-11.31% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 28.31 |
| Canadian Equity | 17.70 |
| International Equity | 16.83 |
| US Equity | 15.70 |
| Canadian Corporate Bonds | 13.18 |
| Other | 8.28 |
| Name | Percent |
|---|---|
| Fixed Income | 45.92 |
| Financial Services | 12.31 |
| Technology | 9.33 |
| Basic Materials | 4.97 |
| Consumer Services | 3.84 |
| Other | 23.63 |
| Name | Percent |
|---|---|
| North America | 80.91 |
| Europe | 8.52 |
| Asia | 7.04 |
| Latin America | 0.79 |
| Africa and Middle East | 0.68 |
| Other | 2.06 |
| Name | Percent |
|---|---|
| BMO Aggregate Bond Index ETF (ZAG) | 32.78 |
| Schwab US Broad Market ETF (SCHB) | 11.19 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 10.24 |
| iShares Core MSCI EAFE ETF (IEFA) | 8.92 |
| BMO Corporate Bond Index ETF (ZCB) | 5.55 |
| CI MStar Canada Moment Indx ETF (WXM) | 5.10 |
| iShares Broad USD High Yield Corp Bond ETF (USHY) | 4.70 |
| BMO Long Provincial Bond Index ETF (ZPL) | 3.62 |
| Schwab amental EM Large Co Index ETF (FNDE) | 3.57 |
| BMO MSCI USA High Quality Index ETF (ZUQ) | 2.41 |
Meritage Tactical ETF Moderate Portfolio Advisor Series/DSC
Median
Other - Tactical Balanced
| Standard Deviation | 6.99% | 7.28% | - |
|---|---|---|---|
| Beta | 0.86% | 0.84% | - |
| Alpha | -0.04% | -0.02% | - |
| Rsquared | 0.89% | 0.86% | - |
| Sharpe | 0.25% | 0.16% | - |
| Sortino | 0.63% | 0.14% | - |
| Treynor | 0.02% | 0.01% | - |
| Tax Efficiency | 91.39% | 86.87% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.27% | 6.99% | 7.28% | - |
| Beta | 0.79% | 0.86% | 0.84% | - |
| Alpha | -0.02% | -0.04% | -0.02% | - |
| Rsquared | 0.88% | 0.89% | 0.86% | - |
| Sharpe | 0.56% | 0.25% | 0.16% | - |
| Sortino | 1.03% | 0.63% | 0.14% | - |
| Treynor | 0.04% | 0.02% | 0.01% | - |
| Tax Efficiency | 92.43% | 91.39% | 86.87% | - |
| 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) | $95 |
| 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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