Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
Scotia Mortgage Income Fund - Series A
Cdn Short Term Fixed Inc
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (06-22-2026) |
$10.70 |
|---|---|
| Change |
$0.00
(0.03%)
|
As at May 31, 2026
As at April 30, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (November 04, 1992): 3.36%
| 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 | 0.14% | 0.49% | 1.07% | 0.84% | 2.56% | 3.34% | 3.92% | 3.12% | 2.60% | 2.36% | 2.33% | 2.29% | 2.20% | 2.07% |
| Benchmark | 0.74% | -0.10% | 0.81% | 1.09% | 2.98% | 4.83% | 4.74% | 3.70% | 2.12% | 2.00% | 2.27% | 2.49% | 2.13% | 2.08% |
| Category Average | 0.61% | -0.08% | 0.69% | 0.88% | 2.52% | 4.16% | 4.27% | 3.31% | 1.75% | 1.86% | 1.93% | 2.04% | 1.74% | 1.69% |
| Category Rank | 301 / 302 | 49 / 297 | 65 / 292 | 218 / 293 | 184 / 271 | 215 / 243 | 177 / 214 | 168 / 203 | 53 / 191 | 63 / 180 | 69 / 173 | 91 / 167 | 58 / 158 | 57 / 144 |
| Quartile Ranking | 4 | 1 | 1 | 3 | 3 | 4 | 4 | 4 | 2 | 2 | 2 | 3 | 2 | 2 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.19% | 0.32% | 0.26% | 0.23% | 0.20% | 0.27% | 0.23% | 0.19% | 0.16% | 0.17% | 0.18% | 0.14% |
| Benchmark | 0.27% | -0.08% | 0.59% | 0.75% | 0.38% | 0.22% | -0.27% | 0.45% | 0.74% | -0.88% | 0.04% | 0.74% |
Best Monthly Return Since Inception
3.42% (November 1993)
Worst Monthly Return Since Inception
-4.17% (March 1994)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.96% | 1.14% | 2.17% | 2.06% | 1.60% | 0.55% | -0.38% | 3.01% | 6.41% | 2.82% |
| Benchmark | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% | 5.71% | 3.77% |
| Category Average | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% | 5.17% | 3.22% |
| Quartile Ranking | 2 | 1 | 1 | 4 | 4 | 1 | 1 | 4 | 1 | 4 |
| Category Rank | 70/ 142 | 23/ 146 | 5/ 162 | 142/ 169 | 168/ 179 | 8/ 185 | 22/ 194 | 205/ 206 | 49/ 224 | 226/ 261 |
Best Calendar Return (Last 10 years)
6.41% (2024)
Worst Calendar Return (Last 10 years)
-0.38% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Bonds - Funds | 89.45 |
| Cash and Equivalents | 10.55 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 89.45 |
| Cash and Cash Equivalent | 10.55 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| SCOTIA MORTGAGE POOL | 89.45 |
| CANADIAN DOLLAR | 10.55 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Scotia Mortgage Income Fund - Series A
Median
Other - Cdn Short Term Fixed Inc
3 Yr Annualized
| Standard Deviation | 0.73% | 0.80% | 0.62% |
|---|---|---|---|
| Beta | -0.10 | 0.03 | 0.03 |
| Alpha | 0.04 | 0.03 | 0.02 |
| Rsquared | 0.07% | 0.01% | 0.01% |
| Sharpe | 0.37 | -0.41 | 0.24 |
| Sortino | 2.89 | -0.74 | -1.74 |
| Treynor | -0.03 | -0.10 | 0.05 |
| Tax Efficiency | 53.73% | 48.84% | 49.03% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.18% | 0.73% | 0.80% | 0.62% |
| Beta | -0.01 | -0.10 | 0.03 | 0.03 |
| Alpha | 0.03 | 0.04 | 0.03 | 0.02 |
| Rsquared | 0.01% | 0.07% | 0.01% | 0.01% |
| Sharpe | 1.02 | 0.37 | -0.41 | 0.24 |
| Sortino | -2.26 | 2.89 | -0.74 | -1.74 |
| Treynor | -0.18 | -0.03 | -0.10 | 0.05 |
| Tax Efficiency | 38.64% | 53.73% | 48.84% | 49.03% |
Fund Details
| 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) | $1,416 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS361 |
Investment Objectives
The fund’s objective is to provide regular interest income. It invests primarily in high quality mortgages on residential properties in Canada.
Investment Strategy
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.
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
1832 Asset Management L.P. |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
1832 Asset Management L.P. |
| Distributor |
Scotia Securities Inc. |
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 | 1.46% |
|---|---|
| Management Fee | 1.10% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.50% |
| Trailer Fee Max (LL) | - |
Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
