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Meritage Global Equity Portfolio - Advisor Series/DSC

Global Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(12-06-2024)
$29.95
Change
$0.14 (0.47%)

As at October 31, 2024

As at July 31, 2024

As at July 31, 2024

Period
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Legend

Meritage Global Equity Portfolio - Advisor Series/DSC

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Fund Returns

Inception Return (September 25, 2006): 6.24%

Fund Returns
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 0.89% 3.47% 9.77% 17.86% 28.92% 16.89% 3.38% 8.11% 7.93% 7.99% 6.68% 8.12% 7.83% 8.06%
Benchmark 0.69% 3.29% 12.03% 21.27% 32.98% 22.13% 9.42% 13.80% 12.16% 12.28% 10.61% 11.61% 10.89% 11.43%
Category Average -0.09% 2.31% 9.50% 16.79% 27.98% 17.72% 5.88% 10.97% 9.47% 9.59% 8.08% 9.05% 8.29% 8.44%
Category Rank 599 / 2,099 497 / 2,079 1,063 / 2,046 936 / 2,016 901 / 2,012 1,170 / 1,880 1,440 / 1,735 1,347 / 1,572 1,170 / 1,463 1,113 / 1,378 916 / 1,156 713 / 1,043 580 / 869 494 / 749
Quartile Ranking 2 1 3 2 2 3 4 4 4 4 4 3 3 3

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 6.83% 2.39% 1.42% 5.21% 2.38% -1.71% 2.44% 1.14% 2.40% 0.00% 2.56% 0.89%
Benchmark 6.95% 2.53% 1.41% 5.64% 2.94% -1.84% 3.15% 2.29% 2.79% 0.04% 2.54% 0.69%

Best Monthly Return Since Inception

9.22% (November 2020)

Worst Monthly Return Since Inception

-10.30% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.53% 10.28% 6.15% 15.95% -3.55% 15.88% 16.25% 10.55% -16.93% 11.57%
Benchmark 13.97% 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37%
Category Average 8.33% 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08%
Quartile Ranking 4 3 2 2 2 4 2 4 3 4
Category Rank 570/ 680 509/ 762 288/ 886 370/ 1,044 453/ 1,191 1,110/ 1,391 379/ 1,472 1,424/ 1,592 1,268/ 1,747 1,498/ 1,899

Best Calendar Return (Last 10 years)

16.25% (2020)

Worst Calendar Return (Last 10 years)

-16.93% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 47.14
International Equity 42.40
Canadian Equity 7.23
Cash and Equivalents 3.24
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 22.47
Financial Services 13.33
Healthcare 12.30
Consumer Services 11.33
Industrial Goods 9.52
Other 31.05

Geographic Allocation

Geographic Allocation
Name Percent
North America 57.60
Europe 21.57
Asia 18.66
Latin America 1.54
Africa and Middle East 0.34
Other 0.29

Top Holdings

Top Holdings
Name Percent
EdgePoint Global Portfolio Series I 26.04
Capital Group Global Equity Fund (Canada) Ser I 24.77
AGF American Growth Fund Mutual Fund Series 19.63
PH&N Overseas Equity Fund Series O 14.95
RBC Emerging Markets Equity Fund Series O 9.92
TD U.S. Mid-Cap Growth Fund - O Series 5.22
Cash and Cash Equivalents -0.52

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Meritage Global Equity Portfolio - Advisor Series/DSC

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 12.92% 13.47% 11.77%
Beta 1.00% 1.00% 0.97%
Alpha -0.06% -0.04% -0.03%
Rsquared 0.95% 0.95% 0.95%
Sharpe 0.05% 0.47% 0.58%
Sortino 0.13% 0.61% 0.69%
Treynor 0.01% 0.06% 0.07%
Tax Efficiency 92.00% 97.66% 98.63%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.71% 12.92% 13.47% 11.77%
Beta 0.94% 1.00% 1.00% 0.97%
Alpha -0.01% -0.06% -0.04% -0.03%
Rsquared 0.97% 0.95% 0.95% 0.95%
Sharpe 2.76% 0.05% 0.47% 0.58%
Sortino 11.58% 0.13% 0.61% 0.69%
Treynor 0.23% 0.01% 0.06% 0.07%
Tax Efficiency 100.00% 92.00% 97.66% 98.63%

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 September 25, 2006
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $194

Fund Codes

FundServ Code Load Code Sales Status
NBC7502

Investment Objectives

The Portfolio’s investment objective is to achieve long-term capital appreciation by investing primarily in a diverse mix of global equity mutual funds.

Investment Strategy

Under normal market conditions, the Portfolio invests up to: 100% of its net assets in global equity securities (including emerging markets equity securities). The Portfolio invests up to 100% of its net assets in underlying funds (that may include exchange-traded funds) managed by the manager or third parties (“Underlying Funds”). The criteria used for selecting Underlying Fund securities are the same as the criteria used for selecting other types of securities.

Portfolio Manager(s)

Name Start Date
National Bank Trust Inc. 10-05-2021

Management and Organization

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

Investment Minimums

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

Fees

MER 2.34%
Management Fee 1.90%
Load Front Fee Only
FE Max -
DSC Max 6.00%
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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