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Tactical Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (12-20-2024) |
$12.19 |
|---|---|
| Change |
$0.06
(0.49%)
|
As at November 30, 2024
As at November 30, 2024
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Inception Return (March 01, 2016): 3.90%
| 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 | 2.65% | 4.33% | 8.38% | 10.01% | 13.58% | 7.64% | 2.40% | 3.06% | 3.57% | 4.44% | 3.28% | 3.62% | - | - |
| Benchmark | 2.87% | 5.40% | 10.72% | 17.28% | 19.68% | 13.41% | 5.30% | 5.73% | 6.56% | 7.36% | 6.49% | 7.10% | 6.83% | 7.51% |
| Category Average | 2.97% | 4.52% | 8.65% | 13.75% | 17.28% | 9.67% | 4.43% | 5.48% | 5.29% | 5.81% | 4.53% | 4.91% | 4.78% | 4.33% |
| Category Rank | 243 / 343 | 226 / 343 | 216 / 341 | 280 / 338 | 269 / 338 | 244 / 336 | 273 / 331 | 272 / 314 | 248 / 312 | 227 / 290 | 220 / 273 | 207 / 254 | - | - |
| Quartile Ranking | 3 | 3 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | - | - |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.24% | -0.62% | 1.07% | 1.23% | -2.18% | 2.05% | 0.92% | 2.68% | 0.25% | 2.14% | -0.50% | 2.65% |
| Benchmark | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% |
6.93% (April 2020)
-9.00% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | 4.92% | -4.63% | 10.81% | 7.04% | 6.09% | -11.31% | 7.62% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 6.78% | 0.31% | 5.78% | 6.18% | -5.55% | 12.58% | 5.65% | 9.53% | -9.83% | 8.35% |
| Quartile Ranking | - | - | - | 3 | 3 | 4 | 2 | 4 | 3 | 3 |
| Category Rank | - | - | - | 169/ 254 | 192/ 273 | 234/ 291 | 106/ 312 | 264/ 314 | 250/ 335 | 211/ 336 |
10.81% (2019)
-11.31% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 38.33 |
| Canadian Equity | 16.00 |
| US Equity | 15.53 |
| Canadian Corporate Bonds | 13.44 |
| International Equity | 7.41 |
| Other | 9.29 |
| Name | Percent |
|---|---|
| Fixed Income | 57.67 |
| Financial Services | 8.94 |
| Technology | 7.50 |
| Energy | 3.50 |
| Cash and Cash Equivalent | 2.79 |
| Other | 19.60 |
| Name | Percent |
|---|---|
| North America | 89.43 |
| Asia | 4.28 |
| Europe | 2.78 |
| Multi-National | 2.73 |
| Latin America | 0.42 |
| Other | 0.36 |
| Name | Percent |
|---|---|
| BMO Aggregate Bond Index ETF (ZAG) | 39.30 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 13.55 |
| Schwab US Broad Market ETF (SCHB) | 11.28 |
| BMO Long Provincial Bond Index ETF (ZPL) | 8.80 |
| BMO Corporate Bond Index ETF (ZCB) | 4.04 |
| iShares Core MSCI EAFE ETF (IEFA) | 3.84 |
| iShares 3-7 Year Treasury Bond ETF (IEI) | 2.89 |
| BMO MSCI Canada Value Index ETF (ZVC) | 2.77 |
| Global X US 7-10 Yr Treas Bd Ind CC ETF (HTB) | 2.73 |
| NBI Liquid Alternatives ETF (NALT) | 1.98 |
Meritage Tactical ETF Moderate Portfolio Advisor Series/DSC
Median
Other - Tactical Balanced
| Standard Deviation | 8.38% | 8.98% | - |
|---|---|---|---|
| Beta | 0.87% | 0.98% | - |
| Alpha | -0.02% | -0.03% | - |
| Rsquared | 0.89% | 0.80% | - |
| Sharpe | -0.10% | 0.18% | - |
| Sortino | -0.05% | 0.14% | - |
| Treynor | -0.01% | 0.02% | - |
| Tax Efficiency | 80.44% | 86.61% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.57% | 8.38% | 8.98% | - |
| Beta | 0.95% | 0.87% | 0.98% | - |
| Alpha | -0.04% | -0.02% | -0.03% | - |
| Rsquared | 0.73% | 0.89% | 0.80% | - |
| Sharpe | 1.51% | -0.10% | 0.18% | - |
| Sortino | 3.71% | -0.05% | 0.14% | - |
| Treynor | 0.09% | -0.01% | 0.02% | - |
| Tax Efficiency | 96.10% | 80.44% | 86.61% | - |
| 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) | $90 |
| 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.
| Name | Start Date |
|---|---|
| National Bank Trust Inc. | 07-19-2021 |
| 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 |
| 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 | 1.48% |
|---|---|
| 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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