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Meritage Growth Plus Income Portfolio - Advisor Series/DSC

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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
(07-21-2025) 		$6.32
Change
$0.00 (0.00%)

As at June 30, 2025

As at March 31, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jan 2007Jul 2008Jan 2010Jul 2011Jan 2013Jul 2014Jan 2016Jul 2017Jan 2019Jul 2020Jan 2022Jul 2023Jan 2025Jul 2022Oct 2022Jan 2023Apr 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Apr 2025Jul 2007Jan 2010Jul 2012Jan 2015Jul 2017Jan 2020Jul 2022Jan 2025Jan…$5,000$10,000$15,000$20,000$25,000$30,000$9,000$11,000$12,000$13,000$14,000Period

Legend

Meritage Growth Plus Income Portfolio - Advisor Series/DSC

Compare Options

Fund Returns

Inception Return (September 25, 2006): 5.57%

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 2.04% 5.13% 5.88% 5.88% 15.62% 12.03% 10.03% 6.03% 9.72% 7.09% 6.65% 6.46% 6.81% 6.27%
Benchmark 2.20% 6.20% 7.93% 7.93% 20.99% 15.39% 13.08% 8.09% 11.08% 9.26% 8.63% 8.55% 8.51% 7.76%
Category Average 1.55% 4.26% 4.66% 4.66% 13.32% 11.07% 10.26% 5.96% 8.87% 6.90% 6.38% 6.13% 6.38% 5.75%
Category Rank 140 / 390 128 / 371 111 / 371 111 / 371 127 / 370 192 / 365 253 / 362 204 / 355 150 / 328 205 / 327 189 / 306 172 / 284 146 / 269 136 / 252
Quartile Ranking 2 2 2 2 2 3 3 3 2 3 3 3 3 3

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 4.68% 0.72% 2.19% -0.10% 4.09% -2.54% 3.18% -0.23% -2.17% -1.06% 4.13% 2.04%
Benchmark 4.94% 1.05% 2.82% 0.37% 5.15% -2.58% 2.89% -0.02% -1.20% -0.27% 4.19% 2.20%

Best Monthly Return Since Inception

9.79% (November 2020)

Worst Monthly Return Since Inception

-12.12% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-10%-5%0%5%10%15%20%25%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.10% 9.89% 7.92% -5.30% 14.76% 2.40% 17.86% -7.67% 8.05% 13.85%
Benchmark -5.39% 15.95% 7.50% -6.34% 18.83% 6.85% 17.62% -7.12% 10.48% 17.11%
Category Average -2.09% 10.63% 6.12% -6.63% 14.36% 4.77% 15.38% -7.74% 9.70% 12.92%
Quartile Ranking 2 3 2 2 3 3 2 3 4 3
Category Rank 125/ 251 142/ 259 104/ 270 118/ 299 208/ 319 231/ 327 93/ 353 194/ 361 290/ 365 207/ 367

Best Calendar Return (Last 10 years)

17.86% (2021)

Worst Calendar Return (Last 10 years)

-7.67% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 50.33
US Equity 21.58
International Equity 14.40
Canadian Government Bonds 4.41
Canadian Corporate Bonds 3.11
Other 6.17

Sector Allocation

Sector Allocation
Name Percent
Financial Services 28.02
Fixed Income 9.78
Technology 9.46
Energy 8.56
Consumer Services 8.09
Other 36.09

Geographic Allocation

Geographic Allocation
Name Percent
North America 84.05
Europe 8.94
Asia 5.38
Latin America 1.38
Africa and Middle East 0.19
Other 0.06

Top Holdings

Top Holdings
Name Percent
BMO Dividend Fund Series I 21.43
RBC Canadian Dividend Fund Series O 21.27
Beutel Goodman Canadian Dividend Fund Class I 21.10
Sun Life MFS Global Growth Fund Series I 5.89
Capital Group Global Equity Fund (Canada) Ser I 5.87
TD Global Equity Focused Fund - Investor Series 5.81
AGF American Growth Fund Series O 3.84
CI Canadian Bond Fund Class I 3.63
TD Canadian Core Plus Bond Fund - O Series 3.52
RBC Emerging Markets Equity Fund Series O 2.96

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 Return78910111213144%6%8%10%12%14%16%18%20%

Meritage Growth Plus Income Portfolio - Advisor Series/DSC

Median

Other - Canadian Equity Balanced

3 Yr Annualized

Standard Deviation 10.48% 10.48% 9.81%
Beta 0.99% 0.98% 0.91%
Alpha -0.03% -0.01% -0.01%
Rsquared 0.97% 0.94% 0.91%
Sharpe 0.59% 0.70% 0.49%
Sortino 1.15% 1.11% 0.53%
Treynor 0.06% 0.08% 0.05%
Tax Efficiency 92.80% 91.31% 81.69%
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 8.68% 10.48% 10.48% 9.81%
Beta 1.00% 0.99% 0.98% 0.91%
Alpha -0.05% -0.03% -0.01% -0.01%
Rsquared 0.97% 0.97% 0.94% 0.91%
Sharpe 1.33% 0.59% 0.70% 0.49%
Sortino 3.01% 1.15% 1.11% 0.53%
Treynor 0.12% 0.06% 0.08% 0.05%
Tax Efficiency 92.63% 92.80% 91.31% 81.69%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A67.5​67.545.0​45.00%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A71.1​71.147.5​47.50%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A66.8​66.843.6​43.60%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A61.3​61.344.8​44.80%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

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 Monthly
Assets ($mil) $71

Fund Codes

FundServ Code Load Code Sales Status
NBC7525

Investment Objectives

The Portfolio’s investment objective is to achieve high current income and 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 Management

Portfolio Manager

National Bank Trust Inc.
Sub-Advisor

-

Management and Organization

Fund Manager

National Bank Investments Inc.
Custodian

Natcan Trust Company
Registrar

Natcan Trust Company
Distributor

-

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 2.37%
Management Fee 1.95%
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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