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Scotia Diversified Monthly Income Fund - Series A
Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade B
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|
NAVPS (07-24-2026) |
$13.86 |
|---|---|
| Change |
$0.06
(0.46%)
|
As at June 30, 2026
As at May 31, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (June 20, 2005): 5.25%
| 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 | 2.38% | 5.55% | 7.12% | 7.12% | 12.53% | 12.08% | 9.61% | 8.72% | 6.30% | 7.04% | 6.16% | 6.25% | 5.91% | 5.77% |
| Benchmark | 0.47% | 4.68% | 7.12% | 7.12% | 18.81% | 17.80% | 14.57% | 12.66% | 8.41% | 9.69% | 8.66% | 8.29% | 8.04% | 7.83% |
| Category Average | 0.69% | 5.75% | 6.50% | 6.50% | 13.39% | 12.63% | 11.24% | 10.04% | 6.22% | 7.75% | 6.70% | 6.30% | 6.03% | 6.04% |
| Category Rank | 25 / 461 | 215 / 461 | 235 / 457 | 235 / 457 | 351 / 457 | 337 / 447 | 406 / 438 | 370 / 417 | 285 / 397 | 333 / 373 | 307 / 363 | 283 / 357 | 273 / 346 | 268 / 332 |
| Quartile Ranking | 1 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.13% | 1.20% | 2.25% | 0.16% | 1.56% | -0.33% | 0.07% | 3.32% | -1.84% | 2.20% | 0.87% | 2.38% |
| Benchmark | 0.59% | 2.90% | 3.78% | 0.87% | 2.24% | 0.12% | 0.74% | 5.01% | -3.27% | 2.12% | 2.02% | 0.47% |
Best Monthly Return Since Inception
5.48% (November 2023)
Worst Monthly Return Since Inception
-6.65% (October 2008)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.49% | 6.52% | -1.17% | 11.20% | 2.43% | 12.47% | -6.10% | 6.28% | 10.41% | 8.28% |
| Benchmark | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% | 13.55% | 17.74% |
| Category Average | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% | 11.70% | 11.06% |
| Quartile Ranking | 4 | 2 | 1 | 4 | 4 | 2 | 1 | 4 | 4 | 4 |
| Category Rank | 308/ 328 | 152/ 339 | 14/ 350 | 328/ 360 | 324/ 369 | 185/ 384 | 62/ 407 | 379/ 427 | 415/ 441 | 417/ 447 |
Best Calendar Return (Last 10 years)
12.47% (2021)
Worst Calendar Return (Last 10 years)
-6.10% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 38.22 |
| US Equity | 18.44 |
| Canadian Government Bonds | 14.89 |
| Cash and Equivalents | 12.03 |
| Canadian Corporate Bonds | 11.84 |
| Other | 4.58 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 27.02 |
| Financial Services | 19.60 |
| Cash and Cash Equivalent | 12.03 |
| Energy | 9.38 |
| Consumer Services | 5.66 |
| Other | 26.31 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 98.67 |
| Multi-National | 1.35 |
| Other | -0.02 |
Top Holdings
| Name | Percent |
|---|---|
| Scotia Canadian Income Fund Series I | 26.46 |
| Scotia Wealth Canadian Corporate Bond Pool K | 6.04 |
| USD OVERNIGHT DEPOSIT | 3.86 |
| CANADIAN DOLLAR | 3.00 |
| Toronto-Dominion Bank | 2.67 |
| Royal Bank of Canada | 2.66 |
| Microsoft Corp | 2.18 |
| Bank of Nova Scotia | 2.08 |
| Enbridge Inc | 2.07 |
| Canadian National Railway Co | 2.01 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Scotia Diversified Monthly Income Fund - Series A
Median
Other - Canadian Neutral Balanced
3 Yr Annualized
| Standard Deviation | 6.73% | 7.99% | 6.90% |
|---|---|---|---|
| Beta | 0.83 | 0.87 | 0.74 |
| Alpha | -0.02 | -0.01 | 0.00 |
| Rsquared | 0.88% | 0.91% | 0.83% |
| Sharpe | 0.88 | 0.44 | 0.57 |
| Sortino | 1.75 | 0.66 | 0.62 |
| Treynor | 0.07 | 0.04 | 0.05 |
| Tax Efficiency | 83.31% | 73.94% | 70.31% |
| Volatility |
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|
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Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.99% | 6.73% | 7.99% | 6.90% |
| Beta | 0.59 | 0.83 | 0.87 | 0.74 |
| Alpha | 0.02 | -0.02 | -0.01 | 0.00 |
| Rsquared | 0.73% | 0.88% | 0.91% | 0.83% |
| Sharpe | 1.93 | 0.88 | 0.44 | 0.57 |
| Sortino | 4.12 | 1.75 | 0.66 | 0.62 |
| Treynor | 0.16 | 0.07 | 0.04 | 0.05 |
| Tax Efficiency | 87.80% | 83.31% | 73.94% | 70.31% |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
Fund Details
| Start Date | June 20, 2005 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $4,390 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS339 |
Investment Objectives
The fund’s objective is to provide regular monthly income and some capital appreciation. It invests primarily in a diversified portfolio of income generating securities such as: dividend paying common shares; preferred shares; investment grade bonds; convertible debentures; mortgages; high yield bonds; asset-backed and mortgage-backed securities; income trust units.
Investment Strategy
The portfolio adviser determines the asset mix based on its analysis of market conditions and performance expectations for each asset series in a manner consistent with the Fund’s investment objectives. For the Fund’s equity investments, the portfolio adviser uses fundamental analysis to identify appropriate long-term investments. This involves evaluating the financial condition and management of each company, as well as its industry and the economy.
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
1832 Asset Management L.P. |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
1832 Asset Management L.P. |
| Distributor |
Scotia Securities Inc. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 1.47% |
|---|---|
| Management Fee | 1.25% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.75% |
| Trailer Fee Max (LL) | - |
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