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Tactical Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (03-14-2025) |
$12.15 |
|---|---|
| Change |
$0.07
(0.58%)
|
As at February 28, 2025
As at February 28, 2025
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Inception Return (March 01, 2016): 3.89%
| 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 | 0.08% | 0.87% | 5.24% | 2.06% | 10.49% | 8.22% | 3.38% | 3.14% | 4.09% | 4.10% | 3.63% | 3.47% | - | - |
| Benchmark | -0.03% | 2.87% | 8.43% | 2.69% | 16.11% | 14.54% | 7.96% | 6.28% | 7.36% | 7.48% | 6.74% | 7.02% | 7.35% | 6.79% |
| Category Average | 0.03% | 0.56% | 5.11% | 2.38% | 11.77% | 9.92% | 5.04% | 5.07% | 5.87% | 5.57% | 4.75% | 4.59% | 5.32% | 4.04% |
| Category Rank | 162 / 340 | 145 / 340 | 224 / 340 | 208 / 340 | 250 / 335 | 236 / 332 | 256 / 332 | 261 / 312 | 248 / 310 | 229 / 291 | 222 / 274 | 201 / 253 | - | - |
| Quartile Ranking | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | - | - |
| Return % | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.23% | -2.18% | 2.05% | 0.92% | 2.68% | 0.25% | 2.14% | -0.50% | 2.65% | -1.16% | 1.98% | 0.08% |
| Benchmark | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% |
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% | 11.73% |
| Quartile Ranking | - | - | 3 | 3 | 4 | 2 | 4 | 4 | 3 | 4 |
| Category Rank | - | - | 168/ 253 | 191/ 272 | 233/ 290 | 106/ 310 | 262/ 312 | 250/ 331 | 210/ 332 | 271/ 334 |
10.81% (2019)
-11.31% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 35.11 |
| Canadian Equity | 17.80 |
| US Equity | 17.38 |
| Canadian Corporate Bonds | 12.26 |
| International Equity | 8.39 |
| Other | 9.06 |
| Name | Percent |
|---|---|
| Fixed Income | 53.08 |
| Financial Services | 10.18 |
| Technology | 8.46 |
| Energy | 3.73 |
| Basic Materials | 3.18 |
| Other | 21.37 |
| Name | Percent |
|---|---|
| North America | 85.71 |
| Asia | 4.60 |
| Europe | 3.25 |
| Multi-National | 2.73 |
| Latin America | 0.48 |
| Other | 3.23 |
| Name | Percent |
|---|---|
| BMO Aggregate Bond Index ETF (ZAG) | 35.88 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 15.09 |
| Schwab US Broad Market ETF (SCHB) | 12.64 |
| BMO Long Provincial Bond Index ETF (ZPL) | 8.12 |
| iShares Core MSCI EAFE ETF (IEFA) | 4.33 |
| BMO Corporate Bond Index ETF (ZCB) | 3.71 |
| BMO MSCI Canada Value Index ETF (ZVC) | 3.05 |
| Global X US 7-10 Yr Treas Bd Ind CC ETF (HTB) | 2.73 |
| iShares 3-7 Year Treasury Bond ETF (IEI) | 2.72 |
| NBI Liquid Alternatives ETF (NALT) | 1.93 |
Meritage Tactical ETF Moderate Portfolio Advisor Series/DSC
Median
Other - Tactical Balanced
| Standard Deviation | 8.15% | 8.90% | - |
|---|---|---|---|
| Beta | 0.88% | 0.97% | - |
| Alpha | -0.03% | -0.03% | - |
| Rsquared | 0.90% | 0.80% | - |
| Sharpe | -0.02% | 0.23% | - |
| Sortino | 0.11% | 0.22% | - |
| Treynor | 0.00% | 0.02% | - |
| Tax Efficiency | 85.87% | 88.06% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.44% | 8.15% | 8.90% | - |
| Beta | 1.00% | 0.88% | 0.97% | - |
| Alpha | -0.05% | -0.03% | -0.03% | - |
| Rsquared | 0.90% | 0.90% | 0.80% | - |
| Sharpe | 1.12% | -0.02% | 0.23% | - |
| Sortino | 2.46% | 0.11% | 0.22% | - |
| Treynor | 0.06% | 0.00% | 0.02% | - |
| Tax Efficiency | 95.16% | 85.87% | 88.06% | - |
| 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) | $93 |
| 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.
| Portfolio Manager |
National Bank Trust Inc. |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
National Bank Investments Inc. |
|---|---|
| Custodian |
Natcan Trust Company |
| Registrar |
Natcan Trust Company |
| Distributor |
- |
| 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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