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Global Neutral Balanced
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|
NAVPS (05-07-2024) |
$10.78 |
|---|---|
| Change |
$0.04
(0.40%)
|
As at March 31, 2024
As at February 29, 2024
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Inception Return (November 06, 2020): 2.42%
| 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 | 1.12% | 3.76% | 12.10% | 3.76% | 11.28% | 5.30% | 2.80% | - | - | - | - | - | - | - |
| Benchmark | 1.80% | 5.77% | 13.57% | 5.77% | 12.38% | 6.05% | 3.87% | 6.63% | 5.64% | 5.56% | 5.88% | 6.44% | 5.97% | 7.01% |
| Category Average | 1.96% | 12.03% | 12.03% | 4.49% | 10.15% | 3.31% | 3.22% | 7.67% | 4.79% | 4.62% | 4.52% | 5.09% | 4.15% | 4.67% |
| Category Rank | 1,676 / 1,735 | 1,288 / 1,735 | 877 / 1,711 | 1,288 / 1,735 | 563 / 1,684 | 337 / 1,617 | 930 / 1,434 | - | - | - | - | - | - | - |
| Quartile Ranking | 4 | 3 | 3 | 3 | 2 | 1 | 3 | - | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.12% | -0.40% | 1.51% | 0.07% | -0.10% | -3.83% | 0.02% | 5.16% | 2.72% | -0.07% | 2.68% | 1.12% |
| Benchmark | 1.29% | -1.31% | 0.46% | 1.75% | 0.57% | -3.70% | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% |
6.15% (July 2022)
-5.29% (January 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 7.50% | -15.96% | 14.53% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | - | - | - | - | - | - | - | 3 | 4 | 1 |
| Category Rank | - | - | - | - | - | - | - | 1,040/ 1,425 | 1,509/ 1,564 | 50/ 1,683 |
14.53% (2023)
-15.96% (2022)
| Name | Percent |
|---|---|
| US Equity | 30.35 |
| Canadian Government Bonds | 24.83 |
| Canadian Corporate Bonds | 18.64 |
| International Equity | 18.61 |
| Cash and Equivalents | 5.81 |
| Other | 1.76 |
| Name | Percent |
|---|---|
| Fixed Income | 43.73 |
| Technology | 9.63 |
| Healthcare | 8.99 |
| Financial Services | 8.43 |
| Consumer Goods | 8.03 |
| Other | 21.19 |
| Name | Percent |
|---|---|
| North America | 81.38 |
| Europe | 14.21 |
| Asia | 3.40 |
| Other | 1.01 |
| Name | Percent |
|---|---|
| Scotia Low Carbon Global Equity Fund Series I | 52.35 |
| Scotia Low Carbon Canadian Fix Income Fd Series I | 46.55 |
| Cash and Cash Equivalents | 1.10 |
Scotia Low Carbon Global Balanced Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 10.16% | - | - |
|---|---|---|---|
| Beta | 1.06% | - | - |
| Alpha | -0.01% | - | - |
| Rsquared | 0.90% | - | - |
| Sharpe | 0.06% | - | - |
| Sortino | 0.04% | - | - |
| Treynor | 0.01% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.67% | 10.16% | - | - |
| Beta | 0.95% | 1.06% | - | - |
| Alpha | 0.00% | -0.01% | - | - |
| Rsquared | 0.86% | 0.90% | - | - |
| Sharpe | 0.82% | 0.06% | - | - |
| Sortino | 1.92% | 0.04% | - | - |
| Treynor | 0.07% | 0.01% | - | - |
| Tax Efficiency | 100.00% | - | - | - |
| 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) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS267 |
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.
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.
| Name | Start Date |
|---|---|
| 1832 Asset Management L.P. | 10-20-2020 |
| Kelly Patrick | 10-20-2020 |
| Chris Kresic | 10-20-2020 |
| Fund Manager | 1832 Asset Management L.P. |
|---|---|
| Advisor | 1832 Asset Management L.P. |
| Custodian | The Bank of Nova Scotia |
| Registrar | 1832 Asset Management L.P. |
| Distributor | Scotia Securities Inc. |
| Auditor | KPMG LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.07% |
|---|---|
| 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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