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Meritage Global Conservative Portfolio Advisor Series/DSC

Global Fixed Inc Balanced

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(12-06-2024)
$11.04
Change
$0.04 (0.36%)

As at October 31, 2024

As at July 31, 2024

Period
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Legend

Meritage Global Conservative Portfolio Advisor Series/DSC

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Fund Returns

Inception Return (March 01, 2016): 2.45%

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 -0.65% 1.43% 5.86% 5.65% 13.88% 6.66% -0.66% 0.87% 1.28% 2.46% 1.75% 2.09% - -
Benchmark -0.11% 1.79% 7.83% 9.35% 15.35% 10.18% 1.88% 1.25% 2.42% 3.78% 3.26% 3.14% 3.62% 4.63%
Category Average -0.78% 1.55% 6.83% 7.28% 15.66% 8.61% 1.41% 3.15% 3.09% 3.91% 3.05% 3.23% 3.36% 3.26%
Category Rank 564 / 972 675 / 972 893 / 966 893 / 966 836 / 959 888 / 914 866 / 873 781 / 806 718 / 757 626 / 685 537 / 598 428 / 519 - -
Quartile Ranking 3 3 4 4 4 4 4 4 4 4 4 4 - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 4.66% 2.99% -0.20% 0.89% 1.07% -1.93% 1.38% 0.90% 2.02% 0.57% 1.52% -0.65%
Benchmark 3.70% 1.73% 0.36% 1.41% 1.04% -1.39% 0.79% 1.45% 3.61% -0.15% 2.06% -0.11%

Best Monthly Return Since Inception

4.66% (November 2023)

Worst Monthly Return Since Inception

-6.26% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 4.92% -2.39% 9.30% 7.58% 0.65% -13.16% 6.44%
Benchmark 11.35% 16.91% 0.39% 3.81% 5.53% 6.30% 9.09% -0.49% -11.13% 6.74%
Category Average 6.43% 1.21% 4.39% 5.49% -2.85% 9.97% 7.08% 4.51% -11.10% 7.71%
Quartile Ranking - - - 2 3 3 2 4 4 4
Category Rank - - - 210/ 529 359/ 606 392/ 711 249/ 767 799/ 819 789/ 873 756/ 914

Best Calendar Return (Last 10 years)

9.30% (2019)

Worst Calendar Return (Last 10 years)

-13.16% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Government Bonds 26.64
Canadian Government Bonds 15.10
Canadian Corporate Bonds 13.94
Cash and Equivalents 13.47
US Equity 12.78
Other 18.07

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 62.76
Cash and Cash Equivalent 13.48
Technology 5.42
Financial Services 3.30
Healthcare 3.15
Other 11.89

Geographic Allocation

Geographic Allocation
Name Percent
North America 69.58
Europe 18.83
Asia 9.04
Latin America 1.50
Multi-National 0.73
Other 0.32

Top Holdings

Top Holdings
Name Percent
RBC Global Bond Fund Series O 40.01
CI Canadian Bond Fund Class I 25.04
AGF American Growth Fund Mutual Fund Series 7.39
EdgePoint Global Portfolio Series I 6.28
Capital Group Global Equity Fund (Canada) Ser I 6.12
RP Strategic Income Plus Fund Class O 5.07
Manulife Strategic Income Fund Series I 5.06
PH&N Overseas Equity Fund Series O 4.98
Cash and Cash Equivalents 0.05

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)

Meritage Global Conservative Portfolio Advisor Series/DSC

Median

Other - Global Fixed Inc Balanced

3 Yr Annualized

Standard Deviation 7.55% 7.34% -
Beta 0.90% 0.83% -
Alpha -0.02% -0.01% -
Rsquared 0.78% 0.54% -
Sharpe -0.51% -0.10% -
Sortino -0.59% -0.26% -
Treynor -0.04% -0.01% -
Tax Efficiency - 75.96% -
Volatility Volatility rating is 3 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 5.87% 7.55% 7.34% -
Beta 1.00% 0.90% 0.83% -
Alpha -0.01% -0.02% -0.01% -
Rsquared 0.76% 0.78% 0.54% -
Sharpe 1.46% -0.51% -0.10% -
Sortino 4.26% -0.59% -0.26% -
Treynor 0.09% -0.04% -0.01% -
Tax Efficiency 99.37% - 75.96% -

Fund Details

Start Date March 01, 2016
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $19

Fund Codes

FundServ Code Load Code Sales Status
NBC7530

Investment Objectives

The Portfolio’s investment objective is to achieve a steady rate of return and some long-term capital appreciation by investing primarily in a diverse mix of mutual funds (that may include exchange-traded funds (“ETFs”)) that are global fixed-income funds and global equity funds.

Investment Strategy

The target weighting for each asset class in which the Portfolio invests under normal market conditions is the following: 65%-85% of the net assets in global fixed-income securities, 15%-35% of the net assets in global equity securities. The Portfolio Manager may, in its sole discretion, review and adjust the target weighting of each asset class depending on economic and market conditions.

Portfolio Manager(s)

Name Start Date
National Bank Trust Inc. 07-19-2021

Management and Organization

Fund Manager National Bank Investments Inc.
Advisor National Bank Trust Inc.
Custodian Natcan Trust Company
Registrar Natcan Trust Company
Distributor -
Auditor Raymond Chabot Grant Thornton LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 50

Fees

MER 2.05%
Management Fee 1.70%
Load Front Fee Only
FE Max -
DSC Max 6.00%
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 0.75%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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