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Global Neutral Balanced
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|
NAVPS (09-17-2024) |
$11.26 |
|---|---|
| Change |
-$0.02
(-0.17%)
|
As at August 31, 2024
As at June 30, 2024
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Inception Return (July 12, 2011): 4.93%
| 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 | 0.92% | 4.74% | 5.61% | 6.97% | 9.21% | 5.10% | 2.04% | 4.70% | 3.68% | 4.04% | 4.30% | 4.10% | 4.03% | 3.81% |
| Benchmark | -0.07% | 5.05% | 7.09% | 11.27% | 15.05% | 12.92% | 3.22% | 5.30% | 6.14% | 6.04% | 6.60% | 6.34% | 6.47% | 7.28% |
| Category Average | 0.57% | 6.33% | 6.33% | 8.97% | 13.33% | 9.60% | 2.38% | 5.17% | 5.16% | 4.86% | 5.03% | 4.96% | 4.95% | 4.73% |
| Category Rank | 171 / 1,737 | 284 / 1,729 | 1,299 / 1,705 | 1,523 / 1,705 | 1,623 / 1,681 | 1,584 / 1,615 | 955 / 1,478 | 842 / 1,346 | 1,125 / 1,293 | 898 / 1,185 | 769 / 1,057 | 720 / 955 | 687 / 856 | 592 / 731 |
| Quartile Ranking | 1 | 1 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 3 | 4 | 4 | 4 |
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -3.25% | -1.68% | 4.55% | 2.67% | 0.05% | 1.23% | 1.13% | -2.37% | 2.13% | 0.29% | 3.49% | 0.92% |
| Benchmark | -3.70% | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% |
4.99% (November 2020)
-8.09% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.07% | 4.38% | 2.70% | 6.11% | -2.09% | 12.01% | 1.42% | 13.32% | -7.38% | 3.52% |
| 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 | 4 | 3 | 4 | 3 | 2 | 3 | 4 | 1 | 1 | 4 |
| Category Rank | 516/ 661 | 470/ 784 | 713/ 888 | 651/ 972 | 364/ 1,115 | 788/ 1,229 | 1,261/ 1,311 | 202/ 1,396 | 202/ 1,534 | 1,638/ 1,652 |
13.32% (2021)
-7.38% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 27.05 |
| US Equity | 23.17 |
| Canadian Corporate Bonds | 11.26 |
| Foreign Government Bonds | 8.39 |
| Cash and Equivalents | 7.83 |
| Other | 22.30 |
| Name | Percent |
|---|---|
| Fixed Income | 33.92 |
| Financial Services | 14.82 |
| Cash and Cash Equivalent | 7.83 |
| Energy | 7.07 |
| Real Estate | 5.95 |
| Other | 30.41 |
| Name | Percent |
|---|---|
| North America | 92.87 |
| Multi-National | 5.13 |
| Latin America | 1.23 |
| Europe | 0.61 |
| Asia | 0.02 |
| Other | 0.14 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 7.09 |
| 1832 AM U.S. $ Investment Grade U.S. Corp Bon Pl I | 5.25 |
| 1832 AM Total Return Bond LP Ser I | 4.78 |
| Dynamic Short Term Credit PLUS Fund Series O | 4.74 |
| Canada Government 1.25% 01-Mar-2027 | 4.28 |
| United States Treasury 2.75% 15-Aug-2032 | 3.66 |
| Royal Bank of Canada | 3.28 |
| Canada Government 1.50% 01-Dec-2031 | 2.94 |
| United States Treasury 4.13% 30-Sep-2027 | 2.63 |
| United States Treasury 3.00% 15-Aug-2052 | 2.47 |
Scotia Income Advantage Fund - Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 8.48% | 8.49% | 6.97% |
|---|---|---|---|
| Beta | 0.81% | 0.87% | 0.73% |
| Alpha | -0.01% | -0.02% | -0.01% |
| Rsquared | 0.75% | 0.70% | 0.67% |
| Sharpe | -0.10% | 0.21% | 0.35% |
| Sortino | -0.10% | 0.15% | 0.19% |
| Treynor | -0.01% | 0.02% | 0.03% |
| Tax Efficiency | 0.18% | 46.36% | 45.62% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.11% | 8.48% | 8.49% | 6.97% |
| Beta | 0.92% | 0.81% | 0.87% | 0.73% |
| Alpha | -0.04% | -0.01% | -0.02% | -0.01% |
| Rsquared | 0.83% | 0.75% | 0.70% | 0.67% |
| Sharpe | 0.54% | -0.10% | 0.21% | 0.35% |
| Sortino | 1.28% | -0.10% | 0.15% | 0.19% |
| Treynor | 0.05% | -0.01% | 0.02% | 0.03% |
| Tax Efficiency | 78.25% | 0.18% | 46.36% | 45.62% |
| Start Date | July 12, 2011 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $176 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS309 |
The fund’s objective is to provide regular income and long term capital growth. It invests primarily in a diversified portfolio of fixed income and income-oriented equity securities.
The Fund uses a flexible approach to investing primarily in fixed income and income-oriented equity securities with no restrictions on market capitalization, industry sector or geographic mix. The Fund’s asset mix will vary according to the portfolio adviser’s view of market and economic conditions. The Fund may hold mortgage-backed securities, participation interests in loans, notes, closed end funds and private placements in equity and/or debt securities of public or private companies.
| Name | Start Date |
|---|---|
| Domenic Bellissimo | 11-01-2011 |
| Tom Dicker | 06-25-2020 |
| Jason Gibbs | 01-27-2022 |
| Bill McLeod | 05-01-2024 |
| 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 | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.92% |
|---|---|
| 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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