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Tactical Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (01-17-2025) |
$12.20 |
|---|---|
| Change |
$0.09
(0.74%)
|
As at December 31, 2024
As at December 31, 2024
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Inception Return (March 01, 2016): 3.72%
| 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 | -1.16% | 0.96% | 6.15% | 8.74% | 8.74% | 8.18% | 1.25% | 2.44% | 3.34% | 4.55% | 3.19% | 3.40% | - | - |
| Benchmark | 0.17% | 3.26% | 8.97% | 17.48% | 17.48% | 14.55% | 5.06% | 5.42% | 6.53% | 7.47% | 6.77% | 7.00% | 6.48% | 7.49% |
| Category Average | -1.79% | 0.85% | 6.14% | 11.71% | 11.71% | 10.02% | 2.96% | 4.56% | 4.78% | 6.04% | 4.30% | 4.54% | 4.67% | 4.23% |
| Category Rank | 123 / 343 | 233 / 343 | 212 / 341 | 275 / 338 | 275 / 338 | 244 / 336 | 267 / 335 | 273 / 314 | 246 / 312 | 225 / 291 | 221 / 273 | 202 / 254 | - | - |
| Quartile Ranking | 2 | 3 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | - | - |
| Return % | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.62% | 1.07% | 1.23% | -2.18% | 2.05% | 0.92% | 2.68% | 0.25% | 2.14% | -0.50% | 2.65% | -1.16% |
| Benchmark | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% |
6.93% (April 2020)
-9.00% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | 4.92% | -4.63% | 10.81% | 7.04% | 6.09% | -11.31% | 7.62% | 8.74% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 0.31% | 5.78% | 6.18% | -5.55% | 12.58% | 5.65% | 9.53% | -9.83% | 8.35% | 11.71% |
| Quartile Ranking | - | - | 3 | 3 | 4 | 2 | 4 | 3 | 3 | 4 |
| Category Rank | - | - | 169/ 254 | 192/ 273 | 234/ 291 | 106/ 312 | 264/ 314 | 250/ 335 | 211/ 336 | 275/ 338 |
10.81% (2019)
-11.31% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 38.47 |
| Canadian Equity | 16.03 |
| US Equity | 15.54 |
| Canadian Corporate Bonds | 13.57 |
| International Equity | 7.37 |
| Other | 9.02 |
| Name | Percent |
|---|---|
| Fixed Income | 58.46 |
| Financial Services | 8.98 |
| Technology | 7.77 |
| Energy | 3.42 |
| Consumer Services | 2.76 |
| Other | 18.61 |
| Name | Percent |
|---|---|
| North America | 88.82 |
| Asia | 4.10 |
| Multi-National | 2.93 |
| Europe | 2.79 |
| Latin America | 0.42 |
| Other | 0.94 |
| Name | Percent |
|---|---|
| BMO Aggregate Bond Index ETF (ZAG) | 39.74 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 13.64 |
| Schwab US Broad Market ETF (SCHB) | 11.43 |
| BMO Long Provincial Bond Index ETF (ZPL) | 8.67 |
| BMO Corporate Bond Index ETF (ZCB) | 4.07 |
| iShares Core MSCI EAFE ETF (IEFA) | 3.83 |
| iShares 3-7 Year Treasury Bond ETF (IEI) | 2.94 |
| Global X US 7-10 Yr Treas Bd Ind CC ETF (HTB) | 2.93 |
| BMO MSCI Canada Value Index ETF (ZVC) | 2.81 |
| NBI Liquid Alternatives ETF (NALT) | 2.01 |
Meritage Tactical ETF Moderate Portfolio Advisor Series/DSC
Median
Other - Tactical Balanced
| Standard Deviation | 8.33% | 9.00% | - |
|---|---|---|---|
| Beta | 0.87% | 0.98% | - |
| Alpha | -0.03% | -0.03% | - |
| Rsquared | 0.90% | 0.80% | - |
| Sharpe | -0.25% | 0.15% | - |
| Sortino | -0.24% | 0.11% | - |
| Treynor | -0.02% | 0.01% | - |
| Tax Efficiency | 60.66% | 85.41% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.45% | 8.33% | 9.00% | - |
| Beta | 0.95% | 0.87% | 0.98% | - |
| Alpha | -0.07% | -0.03% | -0.03% | - |
| Rsquared | 0.80% | 0.90% | 0.80% | - |
| Sharpe | 0.76% | -0.25% | 0.15% | - |
| Sortino | 1.83% | -0.24% | 0.11% | - |
| Treynor | 0.04% | -0.02% | 0.01% | - |
| Tax Efficiency | 94.18% | 60.66% | 85.41% | - |
| 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) | $88 |
| 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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