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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (12-12-2025) |
$16.78 |
|---|---|
| Change |
-$0.08
(-0.45%)
|
As at November 30, 2025
As at October 31, 2025
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Inception Return (May 28, 2012): 6.09%
| 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 | 0.23% | 4.19% | 8.29% | 10.11% | 8.08% | 12.05% | 9.20% | 5.23% | 5.87% | 5.44% | 5.84% | 4.91% | 5.27% | 5.09% |
| Benchmark | -0.22% | 5.11% | 10.94% | 11.83% | 12.03% | 15.79% | 12.94% | 6.94% | 6.96% | 7.45% | 8.02% | 7.17% | 7.63% | 7.34% |
| Category Average | 0.56% | 4.18% | 8.48% | 10.38% | 8.98% | 12.86% | 9.79% | 5.33% | 6.08% | 6.03% | 6.57% | 5.53% | 5.91% | 5.69% |
| Category Rank | 1,313 / 1,749 | 1,126 / 1,746 | 1,082 / 1,738 | 969 / 1,713 | 1,155 / 1,708 | 1,225 / 1,658 | 1,158 / 1,606 | 1,003 / 1,492 | 883 / 1,351 | 926 / 1,262 | 889 / 1,170 | 782 / 1,061 | 655 / 922 | 616 / 838 |
| Quartile Ranking | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.84% | 2.98% | -0.08% | -2.13% | -1.69% | 2.71% | 1.61% | 0.92% | 1.36% | 2.77% | 1.15% | 0.23% |
| Benchmark | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% |
5.64% (November 2020)
-8.27% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.29% | 4.22% | 6.03% | -3.29% | 11.46% | 4.37% | 10.20% | -10.91% | 9.55% | 11.00% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | 2 | 3 | 3 | 3 | 3 | 4 | 2 | 3 | 3 | 4 |
| Category Rank | 355/ 738 | 506/ 846 | 643/ 923 | 584/ 1,068 | 874/ 1,181 | 1,024/ 1,270 | 537/ 1,357 | 846/ 1,499 | 838/ 1,606 | 1,349/ 1,658 |
11.46% (2019)
-10.91% (2022)
| Name | Percent |
|---|---|
| US Equity | 20.02 |
| International Equity | 19.69 |
| Foreign Bonds - Funds | 15.51 |
| Canadian Equity | 11.09 |
| Canadian Corporate Bonds | 9.10 |
| Other | 24.59 |
| Name | Percent |
|---|---|
| Fixed Income | 35.88 |
| Mutual Fund | 32.66 |
| Technology | 7.85 |
| Financial Services | 4.56 |
| Cash and Cash Equivalent | 3.74 |
| Other | 15.31 |
| Name | Percent |
|---|---|
| North America | 57.07 |
| Multi-National | 35.41 |
| Europe | 4.43 |
| Asia | 2.77 |
| Latin America | 0.30 |
| Other | 0.02 |
| Name | Percent |
|---|---|
| Scotia Canadian Income Fund Series I | 12.94 |
| 1832 AM TOTL RET BND LP SER I | 9.54 |
| Scotia Global Growth Fund Series A | 6.01 |
| Scotia Global Dividend Fund Series A | 5.49 |
| 1832 AM TAA PLUS POOL SR I | 4.97 |
| Scotia Wealth High Yield Bond Pool Series I | 3.82 |
| Scotia Wealth Canadian Corporate Bond Pool K | 3.81 |
| 1832AM GLOBAL CREDIT POOL SE I | 3.79 |
| Scotia Canadian Dividend Fund Series A | 3.61 |
| 1832 AM EMERG MARK EQ PL SER I | 3.48 |
Scotia INNOVA Balanced Growth Portfolio Class - Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 7.27% | 8.13% | 7.75% |
|---|---|---|---|
| Beta | 1.03% | 0.96% | 0.94% |
| Alpha | -0.04% | -0.01% | -0.02% |
| Rsquared | 0.90% | 0.87% | 0.80% |
| Sharpe | 0.71% | 0.41% | 0.45% |
| Sortino | 1.43% | 0.56% | 0.42% |
| Treynor | 0.05% | 0.03% | 0.04% |
| Tax Efficiency | 93.20% | 89.39% | 86.69% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.27% | 7.27% | 8.13% | 7.75% |
| Beta | 0.90% | 1.03% | 0.96% | 0.94% |
| Alpha | -0.02% | -0.04% | -0.01% | -0.02% |
| Rsquared | 0.85% | 0.90% | 0.87% | 0.80% |
| Sharpe | 0.84% | 0.71% | 0.41% | 0.45% |
| Sortino | 1.33% | 1.43% | 0.56% | 0.42% |
| Treynor | 0.06% | 0.05% | 0.03% | 0.04% |
| Tax Efficiency | 93.18% | 93.20% | 89.39% | 86.69% |
| Start Date | May 28, 2012 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS1332 |
The Portfolio’s objective is to achieve a balance of income and long term capital appreciation, with a bias towards capital appreciation. It invests primarily in a diversified mix of mutual funds, and/or equity securities and/or fixed income securities located anywhere in the world.
The Portfolio is an asset allocation fund that allocates your investment between two asset classes: fixed income and equities. The following outlines the target weighting for each asset class in which the Portfolio invests - Fixed Income 40%, Equities 60%.
| Portfolio Manager |
1832 Asset Management L.P.
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
1832 Asset Management L.P. |
|---|---|
| Custodian |
Bank of Nova Scotia |
| Registrar |
1832 Asset Management L.P. |
| Distributor |
Scotia Securities Inc. |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 50,000 |
| SWP Min Withdrawal | 50 |
| MER | 2.18% |
|---|---|
| Management Fee | 1.80% |
| 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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