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Scotia Canadian Dividend Fund - Series A

Canadian Div & Inc Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

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

Fundata ESG Grade B

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2022, 2021, 2020, 2019, 2018

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NAVPS
(06-13-2024)
$90.15
Change
-$0.79 (-0.87%)

As at May 31, 2024

As at April 30, 2024

As at February 29, 2024

Period
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Legend

Scotia Canadian Dividend Fund - Series A

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Fund Returns

Inception Return (December 01, 1992): 9.29%

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 3.30% 2.68% 8.44% 5.49% 12.13% 3.68% 6.84% 10.62% 7.86% 8.04% 7.23% 8.04% 7.52% 7.79%
Benchmark 2.77% 5.07% 11.79% 7.58% 17.55% 7.08% 7.35% 13.44% 10.14% 8.92% 8.75% 9.19% 7.72% 7.53%
Category Average 2.63% 9.63% 9.63% 5.45% 12.60% 3.39% 6.14% 11.85% 7.77% 7.14% 6.59% 7.11% 6.26% 5.94%
Category Rank 125 / 460 281 / 456 376 / 451 276 / 451 324 / 446 249 / 435 185 / 409 333 / 394 225 / 387 139 / 364 157 / 344 113 / 324 65 / 268 44 / 254
Quartile Ranking 2 3 4 3 3 3 2 4 3 2 2 2 1 1

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 3.26% 0.69% -1.63% -3.64% -1.58% 6.61% 2.80% 0.53% 2.19% 2.31% -2.85% 3.30%
Benchmark 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77%

Best Monthly Return Since Inception

10.02% (November 2020)

Worst Monthly Return Since Inception

-13.30% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 14.46% -0.15% 13.68% 11.25% -4.00% 20.69% -0.28% 23.62% -3.08% 6.60%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 8.23% -6.21% 17.48% 7.25% -7.75% 18.42% -1.18% 26.41% -3.72% 7.17%
Quartile Ranking 1 1 3 1 1 1 2 4 3 3
Category Rank 10/ 242 64/ 265 220/ 301 15/ 332 83/ 357 84/ 379 168/ 394 334/ 406 229/ 429 308/ 440

Best Calendar Return (Last 10 years)

23.62% (2021)

Worst Calendar Return (Last 10 years)

-4.00% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 65.75
US Equity 25.24
Income Trust Units 5.52
Cash and Equivalents 3.49

Sector Allocation

Sector Allocation
Name Percent
Financial Services 29.95
Energy 15.78
Industrial Services 10.31
Consumer Services 9.56
Technology 6.63
Other 27.77

Geographic Allocation

Geographic Allocation
Name Percent
North America 96.62
Latin America 3.38

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 6.64
Toronto-Dominion Bank 5.75
Enbridge Inc 4.49
Canadian Natural Resources Ltd 4.48
Canadian National Railway Co 3.96
Microsoft Corp 3.89
Suncor Energy Inc 3.56
Canadian Pacific Kansas City Ltd 3.53
Cash and Cash Equivalents 3.49
Brookfield Corp Cl A 3.22

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Scotia Canadian Dividend Fund - Series A

Median

Other - Canadian Div & Inc Equity

3 Yr Annualized

Standard Deviation 12.35% 13.05% 10.69%
Beta 0.89% 0.80% 0.78%
Alpha 0.00% 0.00% 0.02%
Rsquared 0.92% 0.91% 0.85%
Sharpe 0.36% 0.49% 0.62%
Sortino 0.53% 0.59% 0.69%
Treynor 0.05% 0.08% 0.09%
Tax Efficiency 90.73% 92.79% 92.07%
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.37% 12.35% 13.05% 10.69%
Beta 0.86% 0.89% 0.80% 0.78%
Alpha -0.03% 0.00% 0.00% 0.02%
Rsquared 0.91% 0.92% 0.91% 0.85%
Sharpe 0.69% 0.36% 0.49% 0.62%
Sortino 1.60% 0.53% 0.59% 0.69%
Treynor 0.08% 0.05% 0.08% 0.09%
Tax Efficiency 93.09% 90.73% 92.79% 92.07%

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 December 01, 1992
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $11,816

Fund Codes

FundServ Code Load Code Sales Status
BNS385

Investment Objectives

The fund’s objective is to earn a high level of dividend income with some potential for long-term capital growth. It invests primarily in dividend-paying common shares and in a broad range of preferred shares, such as floating rate, convertible and retractable preferred shares of Canadian companies.

Investment Strategy

The portfolio adviser uses fundamental analysis to identify investments that pay dividends and income and have the potential for capital growth over the long term. This involves evaluating the financial condition and management of each company, as well as its industry and the economy. The Fund’s assets are diversified by industry and company to help reduce risk.

Portfolio Manager(s)

Name Start Date
Bill McLeod 06-23-2020
Eric Benner 06-23-2020
Tom Dicker 06-23-2020
Jason Gibbs 01-27-2022

Management and Organization

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

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.74%
Management Fee 1.50%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.10%
Trailer Fee Max (LL) -

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