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Scotia Partners Balanced Income Portfolio - Series A

Canadian Fix Inc Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2017

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NAVPS
(10-03-2024)
$15.34
Change
-$0.05 (-0.32%)

As at August 31, 2024

As at July 31, 2024

Period
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Legend

Scotia Partners Balanced Income Portfolio - Series A

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Fund Returns

Inception Return (December 09, 2002): 3.90%

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 0.32% 3.75% 4.73% 5.55% 9.47% 6.74% 0.08% 1.64% 2.21% 2.78% 2.74% 2.66% 3.02% 3.00%
Benchmark 0.70% 5.74% 5.89% 5.12% 10.58% 6.42% 1.03% 2.06% 2.74% 3.69% 3.68% 3.28% 3.64% 3.43%
Category Average 0.46% 5.27% 5.27% 5.76% 10.52% 6.69% 0.96% 2.28% 2.64% 3.02% 3.02% 2.78% 2.98% 2.82%
Category Rank 319 / 414 286 / 414 330 / 414 263 / 413 347 / 411 233 / 409 317 / 383 264 / 354 247 / 343 222 / 309 204 / 287 183 / 275 158 / 249 144 / 239
Quartile Ranking 4 3 4 3 4 3 4 3 3 3 3 3 3 3

Monthly Return

Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund -3.06% -0.58% 4.86% 2.64% -0.19% 0.97% 1.17% -1.89% 1.70% 0.71% 2.69% 0.32%
Benchmark -2.80% -0.48% 5.03% 3.54% -0.88% 0.16% 1.39% -1.91% 0.69% 1.88% 3.07% 0.70%

Best Monthly Return Since Inception

4.86% (November 2023)

Worst Monthly Return Since Inception

-6.34% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 7.74% 2.95% 4.32% 4.34% -1.41% 9.01% 6.96% 3.67% -12.19% 7.57%
Benchmark 9.52% 0.56% 6.19% 4.30% -1.25% 10.87% 8.35% 3.73% -9.93% 7.79%
Category Average 6.62% 1.24% 4.06% 3.92% -2.19% 9.07% 6.42% 3.91% -9.95% 7.21%
Quartile Ranking 2 2 3 2 2 3 3 3 4 2
Category Rank 100/ 231 96/ 247 143/ 257 133/ 280 123/ 293 183/ 317 189/ 346 220/ 369 353/ 385 181/ 409

Best Calendar Return (Last 10 years)

9.01% (2019)

Worst Calendar Return (Last 10 years)

-12.19% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Bonds - Funds 35.68
International Equity 16.29
Foreign Bonds - Funds 9.71
Canadian Equity 9.34
US Equity 8.67
Other 20.31

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 62.98
Mutual Fund 25.97
Financial Services 2.42
Cash and Cash Equivalent 2.35
Technology 1.26
Other 5.02

Geographic Allocation

Geographic Allocation
Name Percent
North America 73.75
Multi-National 25.47
Europe 0.29
Latin America 0.26
Asia 0.19
Other 0.04

Top Holdings

Top Holdings
Name Percent
Dynamic Canadian Bond Fund Series O 19.46
Dynamic Total Return Bond Fund Series O 16.22
Scotia Canadian Income Fund Series I 12.98
1832 AM Global Credit Pool Ser I 9.71
Scotia Canadian Dividend Fund Series A 6.52
Mawer U.S. Equity Fund Series O 5.97
Mawer International Equity Fund Series O 5.04
Mackenzie Global Dividend Fund Series O 4.74
Dynamic Global Equity Fund Series O 4.73
Scotia Wealth Canadian Corporate Bond Pool K 3.22

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Scotia Partners Balanced Income Portfolio - Series A

Median

Other - Canadian Fix Inc Balanced

3 Yr Annualized

Standard Deviation 8.16% 7.73% 6.03%
Beta 1.02% 0.99% 0.96%
Alpha -0.01% 0.00% 0.00%
Rsquared 0.95% 0.94% 0.91%
Sharpe -0.35% 0.04% 0.27%
Sortino -0.43% -0.09% 0.03%
Treynor -0.03% 0.00% 0.02%
Tax Efficiency - 74.97% 76.78%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.36% 8.16% 7.73% 6.03%
Beta 0.89% 1.02% 0.99% 0.96%
Alpha 0.00% -0.01% 0.00% 0.00%
Rsquared 0.92% 0.95% 0.94% 0.91%
Sharpe 0.62% -0.35% 0.04% 0.27%
Sortino 1.56% -0.43% -0.09% 0.03%
Treynor 0.05% -0.03% 0.00% 0.02%
Tax Efficiency 95.25% - 74.97% 76.78%

Fund Details

Start Date December 09, 2002
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $922

Fund Codes

FundServ Code Load Code Sales Status
BNS346

Investment Objectives

The portfolio’s objective is to achieve a balance of current income and long term capital appreciation, with a bias towards income. It invests primarily in a diversified mix of equity and income mutual funds managed by other mutual fund managers and by us.

Investment Strategy

The Portfolio is an asset allocation fund that allocates your investment between two asset classes: fixed income and equities. The target weighting for each asset class in which the Portfolio invests are: Fixed Income 60%, Equities 40%. The underlying funds in which the Portfolio invests may change from time to time, but in general we will keep the target weighting for each asset class no more than 20% above or below the amounts as set out.

Portfolio Manager(s)

Name Start Date
Craig Maddock 05-18-2022
Wes Blight 05-18-2022
Yuko Girard 05-18-2022
Ian Taylor 05-18-2022
Mark Fairbairn 05-18-2022
Jenny Wang 01-01-2024

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 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 2.16%
Management Fee 1.85%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.25%
Trailer Fee Max (LL) -

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