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Global Neutral Balanced
Click for more information on Fundata’s ESG Grade
Click for more information on Fundata’s ESG Grade.
|
NAVPS (05-15-2024) |
$13.77 |
|---|---|
| Change |
$0.09
(0.66%)
|
As at April 30, 2024
As at March 31, 2024
As at February 29, 2024
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Inception Return (July 11, 2011): 4.19%
| 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 | -3.77% | 2.03% | 12.45% | 2.27% | 12.34% | 6.61% | 2.00% | 7.61% | 6.42% | 6.40% | 5.59% | 5.29% | 4.17% | 4.18% |
| Benchmark | -2.97% | 0.69% | 12.57% | 0.18% | 7.88% | 3.93% | -0.68% | 5.37% | 4.34% | 4.20% | 4.95% | 5.27% | 4.59% | 4.43% |
| Category Average | -1.99% | 10.80% | 10.80% | 2.42% | 6.62% | 4.42% | 1.99% | 5.55% | 4.00% | 4.27% | 3.94% | 4.83% | 4.01% | 4.42% |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.10% | 3.41% | 2.66% | -1.60% | -2.85% | -1.66% | 6.52% | 3.23% | 0.23% | 3.57% | 2.38% | -3.77% |
| Benchmark | -1.50% | 3.22% | 2.23% | -2.06% | -3.63% | -2.32% | 7.23% | 4.79% | -0.51% | 1.79% | 1.95% | -2.97% |
7.77% (November 2020)
-7.81% (September 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.62% | -5.11% | 4.92% | 3.26% | -5.58% | 18.80% | 12.63% | 9.68% | -14.24% | 17.36% |
| Benchmark | 2.93% | -1.74% | 5.51% | 16.32% | -5.58% | 17.91% | 13.35% | 6.94% | -17.27% | 14.38% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
18.80% (2019)
-14.24% (2022)
| Name | Percent |
|---|---|
| US Equity | 48.41 |
| Foreign Corporate Bonds | 25.29 |
| Foreign Government Bonds | 11.66 |
| International Equity | 5.75 |
| Canadian Equity | 5.66 |
| Other | 3.23 |
| Name | Percent |
|---|---|
| Fixed Income | 36.95 |
| Technology | 17.30 |
| Consumer Services | 15.16 |
| Healthcare | 10.60 |
| Energy | 7.25 |
| Other | 12.74 |
| Name | Percent |
|---|---|
| North America | 93.87 |
| Asia | 2.98 |
| Europe | 2.37 |
| Latin America | 0.40 |
| Africa and Middle East | 0.40 |
| Other | -0.02 |
| Name | Percent |
|---|---|
| 1832 AM U.S. $ Investment Grade U.S. Corp Bon Pl I | 26.40 |
| United States Treasury 3.00% 15-Aug-2052 | 6.15 |
| Meta Platforms Inc Cl A | 4.87 |
| Amazon.com Inc | 4.67 |
| Walmart Inc | 4.05 |
| Microsoft Corp | 3.74 |
| UnitedHealth Group Inc | 2.78 |
| Burlington Stores Inc | 2.62 |
| Uber Technologies Inc | 2.61 |
| Cenovus Energy Inc | 2.59 |
Scotia U.S. $ Balanced Fund - Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 11.72% | 11.47% | 9.49% |
|---|---|---|---|
| Beta | 1.10% | 1.20% | 0.75% |
| Alpha | -0.01% | 0.01% | -0.01% |
| Rsquared | 0.73% | 0.72% | 0.37% |
| Sharpe | -0.01% | 0.43% | 0.33% |
| Sortino | -0.04% | 0.50% | 0.23% |
| Treynor | 0.00% | 0.04% | 0.04% |
| Tax Efficiency | 70.56% | 88.30% | 84.58% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 10.72% | 11.72% | 11.47% | 9.49% |
| Beta | 1.17% | 1.10% | 1.20% | 0.75% |
| Alpha | 0.02% | -0.01% | 0.01% | -0.01% |
| Rsquared | 0.74% | 0.73% | 0.72% | 0.37% |
| Sharpe | 0.69% | -0.01% | 0.43% | 0.33% |
| Sortino | 1.61% | -0.04% | 0.50% | 0.23% |
| Treynor | 0.06% | 0.00% | 0.04% | 0.04% |
| Tax Efficiency | 98.42% | 70.56% | 88.30% | 84.58% |
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.
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.
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.
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.
| Start Date | July 11, 2011 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | USD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $180 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS308 |
The fund’s objective is to provide long term capital growth and current income in U.S. dollars. It invests primarily in a combination of fixed income and equity securities that are denominated in U.S. dollars.
The Fund uses an asset allocation approach by investing in a diversified portfolio primarily consisting of fixed income and equity securities denominated in U.S. dollars. The Fund’s asset mix will vary according to the portfolio adviser’s view of market and economic conditions. Investment analysis for the equity component of the Fund’s portfolio follows a bottom-up approach, which emphasizes careful company specific analysis.
| Name | Start Date |
|---|---|
| Derek Amery | 10-04-2019 |
| Damian Hoang | 10-04-2019 |
| Fund Manager | 1832 Asset Management L.P. |
|---|---|
| Advisor | 1832 Asset Management L.P. |
| Custodian | State Street Trust Company Canada |
| Registrar | 1832 Asset Management L.P. |
| Distributor | Scotia Securities Inc. |
| Auditor | KPMG LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.94% |
|---|---|
| Management Fee | 1.65% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 1.00% |
| Trailer Fee Max (LL) | - |
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