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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (06-01-2026) |
$17.37 |
|---|---|
| Change |
$0.06
(0.33%)
|
As at April 30, 2026
As at March 31, 2026
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Inception Return (May 28, 2012): 6.05%
| 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 | 3.86% | 1.56% | 2.15% | 2.44% | 13.35% | 10.32% | 8.75% | 7.60% | 5.39% | 6.84% | 5.30% | 5.37% | 4.77% | 5.46% |
| Benchmark | 3.53% | 2.14% | 1.68% | 3.20% | 15.84% | 13.40% | 11.99% | 10.53% | 7.11% | 7.76% | 7.21% | 7.34% | 6.84% | 7.83% |
| Category Average | 3.31% | 1.97% | 3.28% | 3.21% | 14.33% | 11.42% | 9.80% | 7.87% | 5.66% | 7.47% | 6.07% | 6.01% | 5.56% | 6.11% |
| Category Rank | 415 / 1,773 | 1,266 / 1,770 | 1,226 / 1,744 | 1,258 / 1,755 | 1,135 / 1,729 | 1,201 / 1,636 | 1,214 / 1,579 | 1,045 / 1,556 | 958 / 1,378 | 918 / 1,282 | 949 / 1,238 | 823 / 1,106 | 697 / 931 | 640 / 870 |
| Quartile Ranking | 1 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 3 | 3 | 3 |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.71% | 1.61% | 0.92% | 1.36% | 2.77% | 1.15% | 0.23% | -0.51% | 0.87% | 1.81% | -3.95% | 3.86% |
| Benchmark | 2.47% | 2.53% | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% |
5.64% (November 2020)
-8.27% (March 2020)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.22% | 6.03% | -3.29% | 11.46% | 4.37% | 10.20% | -10.91% | 9.55% | 11.00% | 9.54% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% | 9.84% |
| Quartile Ranking | 3 | 3 | 3 | 3 | 4 | 2 | 3 | 3 | 4 | 3 |
| Category Rank | 504/ 840 | 637/ 915 | 582/ 1,061 | 873/ 1,177 | 1,021/ 1,266 | 538/ 1,350 | 843/ 1,492 | 829/ 1,579 | 1,335/ 1,627 | 898/ 1,682 |
11.46% (2019)
-10.91% (2022)
| Name | Percent |
|---|---|
| International Equity | 19.85 |
| US Equity | 19.28 |
| Foreign Bonds - Funds | 16.19 |
| Canadian Equity | 11.25 |
| Canadian Corporate Bonds | 9.41 |
| Other | 24.02 |
| Name | Percent |
|---|---|
| Fixed Income | 36.34 |
| Mutual Fund | 32.25 |
| Technology | 7.10 |
| Financial Services | 4.55 |
| Cash and Cash Equivalent | 3.93 |
| Other | 15.83 |
| Name | Percent |
|---|---|
| North America | 56.42 |
| Multi-National | 35.87 |
| Europe | 4.36 |
| Asia | 2.91 |
| Latin America | 0.42 |
| Other | 0.02 |
| Name | Percent |
|---|---|
| Scotia Canadian Income Fund Series I | 13.13 |
| 1832 AM TOTL RET BND LP SER I | 9.59 |
| Scotia Global Growth Fund Series A | 5.66 |
| Scotia Global Dividend Fund Series A | 5.50 |
| 1832 AM TAA PLUS POOL SR I | 4.88 |
| Scotia Wealth Canadian Corporate Bond Pool K | 3.83 |
| 1832AM GLOBAL CREDIT POOL SE I | 3.78 |
| Scotia Wealth High Yield Bond Pool Series I | 3.78 |
| Scotia Canadian Dividend Fund Series A | 3.72 |
| 1832 AM EMERG MARK EQ PL SER I | 3.56 |
Scotia INNOVA Balanced Growth Portfolio Class - Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 7.37% | 8.49% | 7.86% |
|---|---|---|---|
| Beta | 1.01 | 0.97 | 0.97 |
| Alpha | -0.03 | -0.01 | -0.02 |
| Rsquared | 0.90% | 0.89% | 0.82% |
| Sharpe | 0.68 | 0.32 | 0.48 |
| Sortino | 1.26 | 0.46 | 0.48 |
| Treynor | 0.05 | 0.03 | 0.04 |
| Tax Efficiency | 92.63% | 86.35% | 88.07% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.83% | 7.37% | 8.49% | 7.86% |
| Beta | 0.95 | 1.01 | 0.97 | 0.97 |
| Alpha | -0.01 | -0.03 | -0.01 | -0.02 |
| Rsquared | 0.93% | 0.90% | 0.89% | 0.82% |
| Sharpe | 1.53 | 0.68 | 0.32 | 0.48 |
| Sortino | 2.30 | 1.26 | 0.46 | 0.48 |
| Treynor | 0.11 | 0.05 | 0.03 | 0.04 |
| Tax Efficiency | 94.06% | 92.63% | 86.35% | 88.07% |
| 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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