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Tactical Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (09-09-2024) |
$11.93 |
|---|---|
| Change |
$0.06
(0.51%)
|
As at July 31, 2024
As at July 31, 2024
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Inception Return (March 01, 2016): 3.50%
| 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 | 2.68% | 5.74% | 5.83% | 5.18% | 9.07% | 5.41% | 0.69% | 2.84% | 3.08% | 3.09% | 3.20% | 2.86% | - | - |
| Benchmark | 3.28% | 6.95% | 10.49% | 11.35% | 15.79% | 12.04% | 4.08% | 5.43% | 6.34% | 6.18% | 6.77% | 6.43% | 6.24% | 7.42% |
| Category Average | 2.72% | 7.52% | 7.52% | 8.12% | 11.20% | 7.49% | 2.74% | 5.24% | 4.80% | 4.33% | 4.36% | 4.28% | 3.89% | 3.90% |
| Category Rank | 207 / 339 | 181 / 337 | 270 / 335 | 282 / 335 | 248 / 334 | 261 / 333 | 277 / 327 | 259 / 311 | 241 / 302 | 226 / 279 | 223 / 271 | 204 / 250 | - | - |
| Quartile Ranking | 3 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - |
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.63% | -3.04% | -0.38% | 4.64% | 3.24% | -0.62% | 1.07% | 1.23% | -2.18% | 2.05% | 0.92% | 2.68% |
| Benchmark | 0.57% | -3.70% | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% |
6.93% (April 2020)
-9.00% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | 4.92% | -4.63% | 10.81% | 7.04% | 6.09% | -11.31% | 7.62% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 6.78% | 0.31% | 5.78% | 6.18% | -5.55% | 12.58% | 5.65% | 9.53% | -9.83% | 8.35% |
| Quartile Ranking | - | - | - | 3 | 3 | 4 | 2 | 4 | 4 | 3 |
| Category Rank | - | - | - | 168/ 253 | 193/ 272 | 231/ 288 | 109/ 309 | 261/ 311 | 253/ 332 | 214/ 333 |
10.81% (2019)
-11.31% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 38.98 |
| US Equity | 14.46 |
| Canadian Corporate Bonds | 13.63 |
| Canadian Equity | 12.74 |
| International Equity | 11.22 |
| Other | 8.97 |
| Name | Percent |
|---|---|
| Fixed Income | 57.60 |
| Financial Services | 8.25 |
| Technology | 7.23 |
| Cash and Cash Equivalent | 3.42 |
| Energy | 3.39 |
| Other | 20.11 |
| Name | Percent |
|---|---|
| North America | 83.87 |
| Asia | 6.26 |
| Multi-National | 4.74 |
| Europe | 4.15 |
| Latin America | 0.56 |
| Other | 0.42 |
| Name | Percent |
|---|---|
| BMO Aggregate Bond Index ETF (ZAG) | 40.30 |
| Schwab US Broad Market ETF (SCHB) | 10.53 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 10.42 |
| BMO Long Provincial Bond Index ETF (ZPL) | 8.74 |
| iShares Core MSCI EAFE ETF (IEFA) | 5.62 |
| Global X US 7-10 Yr Treas Bd Ind CC ETF (HTB) | 4.74 |
| BMO Corporate Bond Index ETF (ZCB) | 4.07 |
| NBI Liquid Alternatives ETF (NALT) | 2.88 |
| BMO MSCI Canada Value Index ETF (ZVC) | 2.60 |
| Schwab amental EM Large Co Index ETF (FNDE) | 2.28 |
Meritage Tactical ETF Moderate Portfolio Advisor Series/DSC
Median
Other - Tactical Balanced
| Standard Deviation | 8.32% | 8.89% | - |
|---|---|---|---|
| Beta | 0.85% | 0.97% | - |
| Alpha | -0.03% | -0.03% | - |
| Rsquared | 0.87% | 0.80% | - |
| Sharpe | -0.25% | 0.15% | - |
| Sortino | -0.32% | 0.07% | - |
| Treynor | -0.02% | 0.01% | - |
| Tax Efficiency | 30.72% | 84.24% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.75% | 8.32% | 8.89% | - |
| Beta | 0.90% | 0.85% | 0.97% | - |
| Alpha | -0.05% | -0.03% | -0.03% | - |
| Rsquared | 0.85% | 0.87% | 0.80% | - |
| Sharpe | 0.54% | -0.25% | 0.15% | - |
| Sortino | 1.39% | -0.32% | 0.07% | - |
| Treynor | 0.05% | -0.02% | 0.01% | - |
| Tax Efficiency | 94.05% | 30.72% | 84.24% | - |
| 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) | $81 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NBC7542 |
The Portfolio’s investment objective is to achieve a steady rate of return and long-term capital appreciation by making tactical investments primarily in a diverse mix of exchange-traded funds (“ETFs”) that are fixed-income funds and equity funds.
The target weighting for each asset class in which the Portfolio invests under normal market conditions is the following: 40%-80% of the net assets in Canadian and global fixed-income securities, 20%-60% of the net assets in Canadian and global equity securities. The Portfolio achieves exposure to the above asset classes by investing up to 100% of its assets in ETFs.
| Name | Start Date |
|---|---|
| National Bank Trust Inc. | 07-19-2021 |
| 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 |
| 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 |
| MER | 1.48% |
|---|---|
| Management Fee | 1.15% |
| 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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