Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

Scotia Low Carbon Global Balanced Fund Series A

  • Premium Feature Only
Add to My Watchlist

Global Neutral Balanced

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(08-11-2025) 		$11.43
Change
-$0.02 (-0.17%)

As at July 31, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jan 2024Jan 2025Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jul 2025Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025J…$9,000$10,000$11,000$12,000$13,000Period

Legend

Scotia Low Carbon Global Balanced Fund Series A

Compare Options

Fund Returns

Inception Return (November 06, 2020): 2.95%

Fund Returns
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 0.50% 3.34% -3.49% 0.09% 3.74% 6.74% 7.13% 2.14% - - - - - -
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 0.83% 5.39% 1.91% 4.51% 8.17% 10.08% 8.17% 4.05% 5.88% 5.59% 5.32% 5.40% 5.31% 4.86%
Category Rank 1,523 / 1,787 1,647 / 1,783 1,718 / 1,737 1,708 / 1,737 1,661 / 1,721 1,597 / 1,655 1,273 / 1,597 1,341 / 1,453 - - - - - -
Quartile Ranking 4 4 4 4 4 4 4 4 - - - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Fund 0.09% 2.25% -0.98% 3.17% -0.86% 3.71% -1.73% -2.91% -2.12% 1.97% 0.84% 0.50%
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%

Best Monthly Return Since Inception

6.15% (July 2022)

Worst Monthly Return Since Inception

-5.29% (January 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - 7.50% -15.96% 14.53% 9.66%
Benchmark 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69% 17.48%
Category Average 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53% 12.15%
Quartile Ranking - - - - - - 3 4 1 4
Category Rank - - - - - - 1,025/ 1,379 1,472/ 1,521 55/ 1,629 1,501/ 1,682

Best Calendar Return (Last 10 years)

14.53% (2023)

Worst Calendar Return (Last 10 years)

-15.96% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 30.86
Canadian Government Bonds 26.67
International Equity 19.71
Canadian Corporate Bonds 18.66
Cash and Equivalents 2.26
Other 1.84

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 45.34
Technology 15.12
Financial Services 10.04
Healthcare 8.70
Consumer Goods 5.10
Other 15.70

Geographic Allocation

Geographic Allocation
Name Percent
North America 80.28
Europe 14.14
Asia 5.58

Top Holdings

Top Holdings
Name Percent
Scotia Low Carbon Global Equity Fund Series I 52.92
Scotia Low Carbon Canadian Fix Income Fd Series I 46.58
CANADIAN DOLLAR 0.50

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return345678910111213140%2%4%6%8%10%12%14%16%

Scotia Low Carbon Global Balanced Fund Series A

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 8.23% - -
Beta 1.01% - -
Alpha -0.04% - -
Rsquared 0.88% - -
Sharpe 0.39% - -
Sortino 0.85% - -
Treynor 0.03% - -
Tax Efficiency 100.00% - -
Volatility Volatility rating is 4 on a scale of 1 to 10 - -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.40% 8.23% - -
Beta 1.09% 1.01% - -
Alpha -0.07% -0.04% - -
Rsquared 0.85% 0.88% - -
Sharpe 0.10% 0.39% - -
Sortino 0.20% 0.85% - -
Treynor 0.01% 0.03% - -
Tax Efficiency 100.00% 100.00% - -

Fund Details

Start Date November 06, 2020
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
BNS267

Investment Objectives

The fund’s investment objective is to generate income and long term capital growth, and is met with a portfolio of investments that, in aggregate, the portfolio advisor assesses to have a lower carbon intensity than that of the broad market. It invests primarily in a combination of global equities and Canadian fixed income securities, either directly and/or indirectly through other investment funds.

Investment Strategy

The fund seeks to achieve its investment objective by constructing a portfolio with a target asset mix of 50% in fixed income securities and 50% in equity securities, primarily through investing in other funds with a low carbon mandate managed by the portfolio advisor.

Portfolio Management

Portfolio Manager

1832 Asset Management L.P.
Sub-Advisor

Jarislowsky, Fraser Limited

  • Chris Kresic
  • Kelly Patrick

Management and Organization

Fund Manager

1832 Asset Management L.P.
Custodian

Scotiabank
Registrar

1832 Asset Management L.P.
Distributor

Scotia Securities Inc.

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.06%
Management Fee 1.65%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.75%
Trailer Fee Max (LL) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info