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Scotia Low Carbon Global Balanced Fund Series A
Global Neutral Balanced
Click for more information on Fundata’s FundGrade
FundGrade E
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade C
Click for more information on Fundata’s ESG Grade.
|
NAVPS (06-22-2026) |
$11.74 |
|---|---|
| Change |
-$0.10
(-0.82%)
|
As at May 31, 2026
As at April 30, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (November 06, 2020): 3.13%
| 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 | 2.52% | 1.86% | -0.27% | 1.37% | 4.83% | 5.10% | 6.18% | 6.62% | 3.22% | - | - | - | - | - |
| Benchmark | 4.15% | 4.24% | 6.13% | 7.49% | 17.74% | 14.74% | 14.02% | 11.92% | 8.11% | 8.14% | 8.14% | 7.77% | 7.25% | 7.84% |
| Category Average | 2.60% | 2.28% | 5.38% | 5.90% | 14.32% | 11.64% | 11.45% | 8.71% | 6.06% | 7.52% | 6.76% | 6.24% | 5.81% | 6.18% |
| Category Rank | 1,216 / 1,772 | 1,257 / 1,769 | 1,715 / 1,752 | 1,702 / 1,753 | 1,686 / 1,729 | 1,628 / 1,652 | 1,561 / 1,581 | 1,461 / 1,553 | 1,366 / 1,394 | - | - | - | - | - |
| Quartile Ranking | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.84% | 0.50% | 0.26% | 2.29% | 1.38% | -0.24% | -1.62% | -0.38% | -0.10% | -4.18% | 3.69% | 2.52% |
| Benchmark | 2.53% | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% |
Best Monthly Return Since Inception
6.15% (July 2022)
Worst Monthly Return Since Inception
-5.29% (January 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 7.50% | -15.96% | 14.53% | 9.66% | 2.13% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% | 9.84% |
| Quartile Ranking | - | - | - | - | - | 4 | 4 | 1 | 4 | 4 |
| Category Rank | - | - | - | - | - | 1,033/ 1,347 | 1,444/ 1,489 | 53/ 1,576 | 1,457/ 1,624 | 1,648/ 1,679 |
Best Calendar Return (Last 10 years)
14.53% (2023)
Worst Calendar Return (Last 10 years)
-15.96% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 35.37 |
| Canadian Government Bonds | 25.56 |
| Canadian Corporate Bonds | 19.95 |
| International Equity | 15.62 |
| Cash and Equivalents | 2.55 |
| Other | 0.95 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 45.51 |
| Technology | 19.21 |
| Financial Services | 9.60 |
| Industrial Goods | 6.73 |
| Healthcare | 5.91 |
| Other | 13.04 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 84.39 |
| Europe | 11.03 |
| Asia | 4.57 |
| Other | 0.01 |
Top Holdings
| Name | Percent |
|---|---|
| Scotia Low Carbon Global Equity Fund Series I | 52.98 |
| Scotia Low Carbon Canadian Fix Income Fd Series I | 46.61 |
| CANADIAN DOLLAR | 0.42 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Scotia Low Carbon Global Balanced Fund Series A
Median
Other - Global Neutral Balanced
3 Yr Annualized
| Standard Deviation | 7.43% | 9.08% | - |
|---|---|---|---|
| Beta | 0.98 | 1.02 | - |
| Alpha | -0.07 | -0.05 | - |
| Rsquared | 0.87% | 0.88% | - |
| Sharpe | 0.36 | 0.07 | - |
| Sortino | 0.68 | 0.09 | - |
| Treynor | 0.03 | 0.01 | - |
| Tax Efficiency | 100.00% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.12% | 7.43% | 9.08% | - |
| Beta | 0.90 | 0.98 | 1.02 | - |
| Alpha | -0.10 | -0.07 | -0.05 | - |
| Rsquared | 0.89% | 0.87% | 0.88% | - |
| Sharpe | 0.37 | 0.36 | 0.07 | - |
| Sortino | 0.40 | 0.68 | 0.09 | - |
| Treynor | 0.03 | 0.03 | 0.01 | - |
| Tax Efficiency | 100.00% | 100.00% | - | - |
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 | November 06, 2020 |
|---|---|
| Instrument Type | Mutual Fund (Responsible Investment) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS267 |
Investment Objectives
The fund’s investment objective is to generate income and long term capital growth, and is met with a portfolio of investments that, in aggregate, the portfolio advisor assesses to have a lower carbon intensity than that of the broad market. It invests primarily in a combination of global equities and Canadian fixed income securities, either directly and/or indirectly through other investment funds.
Investment Strategy
The fund seeks to achieve its investment objective by constructing a portfolio with a target asset mix of 50% in fixed income securities and 50% in equity securities, primarily through investing in other funds with a low carbon mandate managed by the portfolio advisor.
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P.
|
|---|---|
| Sub-Advisor |
Jarislowsky, Fraser Limited
|
Management and Organization
| Fund Manager |
1832 Asset Management L.P. |
|---|---|
| Custodian |
Scotiabank |
| Registrar |
1832 Asset Management L.P. |
| Distributor |
Scotia Securities Inc. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 2.06% |
|---|---|
| Management Fee | 1.65% |
| 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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