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Scotia Canadian Dividend Class - Series A

Canadian Div & Inc Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

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Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2022, 2021, 2020, 2019, 2018

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NAVPS
(07-19-2024)
$19.72
Change
-$0.05 (-0.25%)

As at June 30, 2024

As at May 31, 2024

As at February 29, 2024

Period
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Legend

Scotia Canadian Dividend Class - Series A

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Fund Returns

Inception Return (May 28, 2012): 8.82%

Fund Returns
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 -1.30% -0.95% 4.10% 4.10% 7.14% 6.38% 5.60% 10.43% 7.01% 7.50% 7.14% 7.83% 7.53% 7.37%
Benchmark -1.42% -0.53% 6.05% 6.05% 12.13% 11.27% 5.98% 12.35% 9.28% 8.36% 8.65% 8.95% 7.89% 6.95%
Category Average -1.45% 3.91% 3.91% 3.91% 7.71% 6.35% 4.99% 11.36% 7.08% 6.64% 6.42% 6.94% 6.36% 5.53%
Category Rank 185 / 461 181 / 461 257 / 453 257 / 453 334 / 448 285 / 439 205 / 411 325 / 399 250 / 395 144 / 373 163 / 353 124 / 333 77 / 277 43 / 262
Quartile Ranking 2 2 3 3 3 3 2 4 3 2 2 2 2 1

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 0.69% -1.64% -3.65% -1.58% 6.61% 2.79% 0.53% 2.19% 2.31% -2.85% 3.30% -1.30%
Benchmark 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42%

Best Monthly Return Since Inception

10.03% (November 2020)

Worst Monthly Return Since Inception

-12.35% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 14.34% 0.00% 13.56% 11.17% -4.04% 20.62% -0.12% 23.54% -3.10% 6.55%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 8.23% -6.21% 17.48% 7.25% -7.75% 18.42% -1.18% 26.41% -3.72% 7.17%
Quartile Ranking 1 1 3 1 1 1 2 4 3 3
Category Rank 18/ 249 64/ 272 229/ 308 19/ 339 85/ 364 94/ 386 167/ 399 349/ 408 231/ 431 308/ 442

Best Calendar Return (Last 10 years)

23.54% (2021)

Worst Calendar Return (Last 10 years)

-4.04% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 67.09
US Equity 22.20
Income Trust Units 5.75
Cash and Equivalents 4.27
International Equity 0.69

Sector Allocation

Sector Allocation
Name Percent
Financial Services 30.22
Energy 14.67
Industrial Services 10.38
Consumer Services 9.27
Technology 7.42
Other 28.04

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.70
Latin America 3.61
Europe 0.69

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 7.22
Toronto-Dominion Bank 5.21
Canadian Natural Resources Ltd 4.52
Enbridge Inc 4.45
Cash and Cash Equivalents 4.27
Canadian National Railway Co 4.09
Microsoft Corp 3.99
Suncor Energy Inc 3.83
Canadian Pacific Kansas City Ltd 3.50
Brookfield Corp Cl A 3.18

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Scotia Canadian Dividend Class - Series A

Median

Other - Canadian Div & Inc Equity

3 Yr Annualized

Standard Deviation 12.36% 13.02% 10.68%
Beta 0.89% 0.80% 0.78%
Alpha 0.00% 0.00% 0.02%
Rsquared 0.92% 0.90% 0.85%
Sharpe 0.26% 0.43% 0.58%
Sortino 0.39% 0.51% 0.64%
Treynor 0.04% 0.07% 0.08%
Tax Efficiency 80.44% 85.38% 82.45%
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.29% 12.36% 13.02% 10.68%
Beta 0.85% 0.89% 0.80% 0.78%
Alpha -0.03% 0.00% 0.00% 0.02%
Rsquared 0.91% 0.92% 0.90% 0.85%
Sharpe 0.25% 0.26% 0.43% 0.58%
Sortino 0.75% 0.39% 0.51% 0.64%
Treynor 0.03% 0.04% 0.07% 0.08%
Tax Efficiency 81.42% 80.44% 85.38% 82.45%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

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) -

Fund Codes

FundServ Code Load Code Sales Status
BNS1385

Investment Objectives

The Fund’s objective is to achieve a high level of dividend income with some potential for long-term total investment return, consisting of dividend income and long term capital growth. It invests primarily in dividend-paying common shares and preferred shares of Canadian companies.

Investment Strategy

The Fund may obtain exposure to such investments in one or more of the following ways, in any combination: by investing directly in such securities; by investing in units of Scotia Canadian Dividend Fund (the “underlying fund”); and through the use of derivatives to gain exposure to common shares and preferred shares.

Portfolio Manager(s)

Name Start Date
Tom Dicker 06-23-2020
Bill McLeod 06-23-2020
Eric Benner 06-23-2020
Jason Gibbs 01-27-2022

Management and Organization

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

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 1,000
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 1,000
SWP Min Withdrawal 50

Fees

MER 1.79%
Management Fee 1.50%
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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