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Meritage Growth Plus Portfolio - Advisor Series/DSC

Canadian Equity Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(06-14-2024)
$16.89
Change
-$0.05 (-0.30%)

As at May 31, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

Meritage Growth Plus Portfolio - Advisor Series/DSC

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Fund Returns

Inception Return (September 25, 2006): 5.04%

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 1.99% 0.89% 8.71% 4.51% 11.79% 5.11% 2.78% 8.25% 6.52% 5.63% 5.33% 6.01% 5.15% 5.58%
Benchmark 2.08% 3.42% 8.77% 4.80% 13.17% 5.56% 4.94% 9.43% 7.57% 7.00% 6.79% 7.18% 6.15% 6.16%
Category Average 2.05% 7.75% 7.75% 4.10% 11.33% 5.60% 4.20% 7.98% 6.04% 5.38% 4.97% 5.48% 4.72% 4.83%
Category Rank 236 / 368 244 / 366 158 / 365 205 / 365 208 / 363 245 / 360 313 / 353 184 / 326 156 / 325 165 / 299 139 / 280 116 / 259 135 / 248 93 / 230
Quartile Ranking 3 3 2 3 3 3 4 3 2 3 2 2 3 2

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 2.57% 1.29% -1.14% -3.21% -2.12% 5.69% 4.02% 0.77% 2.79% 1.85% -2.87% 1.99%
Benchmark 2.51% 1.67% -1.08% -3.16% -2.30% 6.66% 3.79% 0.07% 1.27% 3.22% -1.85% 2.08%

Best Monthly Return Since Inception

8.70% (November 2020)

Worst Monthly Return Since Inception

-12.44% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 7.38% 3.17% 7.95% 7.96% -6.80% 15.81% 9.60% 16.11% -11.25% 9.28%
Benchmark 10.25% -5.39% 15.95% 7.50% -6.34% 18.83% 6.85% 17.62% -7.12% 10.48%
Category Average 8.24% -2.09% 10.63% 6.12% -6.63% 14.36% 4.77% 15.38% -7.74% 9.70%
Quartile Ranking 3 1 3 2 3 2 1 2 4 3
Category Rank 162/ 222 35/ 248 185/ 256 98/ 268 177/ 297 130/ 317 72/ 325 155/ 351 321/ 359 207/ 363

Best Calendar Return (Last 10 years)

16.11% (2021)

Worst Calendar Return (Last 10 years)

-11.25% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 55.70
US Equity 15.92
Canadian Government Bonds 7.29
Canadian Corporate Bonds 5.83
International Equity 5.49
Other 9.77

Sector Allocation

Sector Allocation
Name Percent
Financial Services 19.29
Fixed Income 18.41
Technology 9.73
Consumer Services 8.16
Industrial Services 7.34
Other 37.07

Geographic Allocation

Geographic Allocation
Name Percent
North America 92.08
Europe 4.31
Asia 2.52
Latin America 1.06
Africa and Middle East 0.02
Other 0.01

Top Holdings

Top Holdings
Name Percent
Leith Wheeler Canadian Equity Fund Series A 21.49
Beutel Goodman Canadian Equity Fund Class I 21.15
Manulife Canadian Investment Fund 12.56
AGF American Growth Fund Series O 8.52
EdgePoint Global Portfolio Series I 8.48
Capital Group Global Equity Fund (Canada) Ser I 8.38
CI Canadian Bond Fund Class I 7.47
TD Canadian Core Plus Bond Fund - O Series 7.38
Manulife Strategic Income Fund Series I 4.87
Cash and Cash Equivalents -0.30

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)

Meritage Growth Plus Portfolio - Advisor Series/DSC

Median

Other - Canadian Equity Balanced

3 Yr Annualized

Standard Deviation 11.08% 12.29% 10.02%
Beta 0.97% 0.96% 0.94%
Alpha -0.02% -0.01% 0.00%
Rsquared 0.94% 0.95% 0.89%
Sharpe 0.04% 0.41% 0.45%
Sortino 0.04% 0.47% 0.41%
Treynor 0.00% 0.05% 0.05%
Tax Efficiency 47.29% 86.44% 85.87%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.67% 11.08% 12.29% 10.02%
Beta 0.94% 0.97% 0.96% 0.94%
Alpha 0.00% -0.02% -0.01% 0.00%
Rsquared 0.92% 0.94% 0.95% 0.89%
Sharpe 0.70% 0.04% 0.41% 0.45%
Sortino 1.59% 0.04% 0.47% 0.41%
Treynor 0.07% 0.00% 0.05% 0.05%
Tax Efficiency 99.39% 47.29% 86.44% 85.87%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date September 25, 2006
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $119

Fund Codes

FundServ Code Load Code Sales Status
NBC7515

Investment Objectives

The Portfolio’s investment objective is to achieve long-term capital appreciation by investing primarily in a diverse mix of fixed-income and equity mutual funds.

Investment Strategy

The target weighting for each asset class in which the Portfolio invests under normal market conditions is the following: 10%-30% of net assets in Canadian and global fixed-income securities, 70%-90% of net assets in Canadian and global equity securities. The Portfolio Manager may, at its sole discretion, review and adjust the target weighting of each asset class depending on economic and market conditions.

Portfolio Manager(s)

Name Start Date
National Bank Trust Inc. 11-06-2008

Management and Organization

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

Investment Minimums

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

Fees

MER 2.38%
Management Fee 1.90%
Load Front Fee Only
FE Max -
DSC Max 6.00%
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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