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Cdn Short Term Fixed Inc
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|
NAVPS (07-26-2024) |
$10.75 |
|---|---|
| Change |
$0.00
(0.01%)
|
As at June 30, 2024
As at May 31, 2024
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Inception Return (November 04, 1992): 3.37%
| 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 | 0.44% | 2.07% | 3.77% | 3.77% | 4.96% | 3.10% | 2.24% | 1.92% | 1.95% | 1.97% | 1.91% | 1.79% | 1.67% | 1.55% |
| Benchmark | 0.79% | 1.25% | 1.70% | 1.70% | 5.74% | 3.40% | 0.69% | 0.68% | 1.40% | 1.82% | 1.62% | 1.45% | 1.45% | 1.64% |
| Category Average | 0.67% | 1.62% | 1.62% | 1.62% | 5.28% | 3.29% | 0.46% | 0.72% | 1.13% | 1.45% | 1.24% | 1.12% | 1.05% | 1.09% |
| Category Rank | 277 / 320 | 5 / 316 | 18 / 287 | 18 / 287 | 221 / 281 | 205 / 265 | 39 / 249 | 37 / 234 | 62 / 227 | 84 / 215 | 70 / 202 | 59 / 185 | 65 / 171 | 69 / 160 |
| Quartile Ranking | 4 | 1 | 1 | 1 | 4 | 4 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.56% | 0.42% | 0.19% | 0.01% | 0.00% | -0.04% | 0.33% | 0.54% | 0.79% | 0.90% | 0.72% | 0.44% |
| Benchmark | -0.08% | 0.39% | -0.32% | 0.78% | 1.67% | 1.48% | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% | 0.79% |
3.42% (November 1993)
-4.17% (March 1994)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.04% | 0.77% | 0.96% | 1.14% | 2.17% | 2.06% | 1.60% | 0.55% | -0.38% | 3.01% |
| Benchmark | 3.01% | 2.56% | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% |
| Category Average | 1.73% | 0.55% | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% |
| Quartile Ranking | 4 | 3 | 3 | 1 | 1 | 4 | 4 | 1 | 1 | 4 |
| Category Rank | 134/ 145 | 123/ 166 | 102/ 179 | 44/ 187 | 5/ 207 | 194/ 223 | 220/ 233 | 30/ 239 | 23/ 253 | 261/ 267 |
3.01% (2023)
-0.38% (2022)
| Name | Percent |
|---|---|
| Mortgages | 87.17 |
| Cash and Equivalents | 12.83 |
| Name | Percent |
|---|---|
| Fixed Income | 87.17 |
| Cash and Cash Equivalent | 12.83 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Mortgages - Conventional | 87.17 |
| Cash and Cash Equivalents | 12.83 |
Scotia Mortgage Income Fund - Series A
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 0.97% | 0.78% | 0.61% |
|---|---|---|---|
| Beta | 0.01% | 0.01% | 0.00% |
| Alpha | 0.02% | 0.02% | 0.02% |
| Rsquared | 0.00% | 0.00% | 0.00% |
| Sharpe | -0.81% | -0.20% | 0.10% |
| Sortino | -1.08% | -1.65% | -2.28% |
| Treynor | -0.63% | -0.12% | 0.13% |
| Tax Efficiency | 51.42% | 51.59% | 45.53% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.09% | 0.97% | 0.78% | 0.61% |
| Beta | -0.25% | 0.01% | 0.01% | 0.00% |
| Alpha | 0.06% | 0.02% | 0.02% | 0.02% |
| Rsquared | 0.28% | 0.00% | 0.00% | 0.00% |
| Sharpe | 0.00% | -0.81% | -0.20% | 0.10% |
| Sortino | 4.11% | -1.08% | -1.65% | -2.28% |
| Treynor | 0.00% | -0.63% | -0.12% | 0.13% |
| Tax Efficiency | 60.24% | 51.42% | 51.59% | 45.53% |
| Start Date | November 04, 1992 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,021 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS361 |
The fund’s objective is to provide regular interest income. It invests primarily in high quality mortgages on residential properties in Canada.
The portfolio adviser uses interest rate and yield curve analysis to select individual investments and manage the Fund’s average term to maturity. The mortgages purchased by the Fund are generally either: insured or guaranteed by Canadian federal or provincial governments, or their agencies, or conventional first mortgages with loan-to-value ratios of no more than 80%, unless the excess is insured by an insurance company registered or licensed under federal or provincial legislation.
| Name | Start Date |
|---|---|
| Kevin Pye | 12-02-2010 |
| Derek Amery | 05-01-2024 |
| 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 | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.48% |
|---|---|
| Management Fee | 1.10% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.63% |
| Trailer Fee Max (LL) | - |
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