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Scotia Income Advantage Fund - Series F
Global Neutral Balanced
Click for more information on Fundata’s FundGrade
FundGrade D
Click for more information on Fundata’s FundGrade.
|
NAVPS (06-23-2026) |
$10.48 |
|---|---|
| Change |
$0.04
(0.43%)
|
As at May 31, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (March 07, 2022): 5.46%
| 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 | 0.92% | 0.33% | 2.83% | 3.22% | 8.38% | 10.20% | 9.07% | 6.31% | - | - | - | - | - | - |
| 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 | 1,680 / 1,772 | 1,645 / 1,769 | 1,535 / 1,752 | 1,616 / 1,753 | 1,606 / 1,729 | 1,301 / 1,652 | 1,455 / 1,581 | 1,491 / 1,553 | - | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.68% | 0.10% | 1.10% | 1.97% | 0.11% | 1.32% | -0.38% | 0.03% | 2.85% | -2.30% | 1.75% | 0.92% |
| 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
4.62% (November 2023)
Worst Monthly Return Since Inception
-4.22% (June 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 4.43% | 12.46% | 7.25% |
| 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 | 3 | 4 |
| Category Rank | - | - | - | - | - | - | - | 1,559/ 1,576 | 1,033/ 1,624 | 1,357/ 1,679 |
Best Calendar Return (Last 10 years)
12.46% (2024)
Worst Calendar Return (Last 10 years)
4.43% (2023)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 33.02 |
| US Equity | 21.10 |
| Foreign Bonds - Funds | 9.09 |
| Foreign Government Bonds | 8.75 |
| Cash and Equivalents | 7.86 |
| Other | 20.18 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 32.12 |
| Financial Services | 16.96 |
| Energy | 9.37 |
| Cash and Cash Equivalent | 7.87 |
| Industrial Services | 5.00 |
| Other | 28.68 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 88.57 |
| Multi-National | 10.83 |
| Europe | 0.60 |
Top Holdings
| Name | Percent |
|---|---|
| USD OVERNIGHT DEPOSIT | 5.57 |
| 1832 AM INV GRADE US CORP BOND | 5.09 |
| Dynamic Short Term Credit PLUS Fund Series O | 4.61 |
| United States Treasury 2.75% 15-Aug-2032 | 4.50 |
| 1832 AM TOTL RET BND LP SER I | 4.48 |
| Canada Government 1.25% 01-Mar-2027 | 3.67 |
| Toronto-Dominion Bank | 2.89 |
| Royal Bank of Canada | 2.72 |
| Canada Government 1.50% 01-Dec-2031 | 2.70 |
| 1832 AM Investment Grade Canadian Corp Bond Pool I | 2.32 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Scotia Income Advantage Fund - Series F
Median
Other - Global Neutral Balanced
3 Yr Annualized
| Standard Deviation | 6.27% | - | - |
|---|---|---|---|
| Beta | 0.73 | - | - |
| Alpha | -0.01 | - | - |
| Rsquared | 0.67% | - | - |
| Sharpe | 0.85 | - | - |
| Sortino | 1.67 | - | - |
| Treynor | 0.07 | - | - |
| Tax Efficiency | 78.97% | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.58% | 6.27% | - | - |
| Beta | 0.45 | 0.73 | - | - |
| Alpha | 0.01 | -0.01 | - | - |
| Rsquared | 0.54% | 0.67% | - | - |
| Sharpe | 1.27 | 0.85 | - | - |
| Sortino | 1.96 | 1.67 | - | - |
| Treynor | 0.13 | 0.07 | - | - |
| Tax Efficiency | 78.29% | 78.97% | - | - |
Fund Details
| Start Date | March 07, 2022 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Fee Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS509 |
Investment Objectives
The fund’s objective is to provide regular income and long term capital growth. It invests primarily in a diversified portfolio of fixed income and income-oriented equity securities.
Investment Strategy
The Fund uses a flexible approach to investing primarily in fixed income and income-oriented equity securities with no restrictions on market capitalization, industry sector or geographic mix. The Fund’s asset mix will vary according to the portfolio adviser’s view of market and economic conditions. The Fund may hold mortgage-backed securities, participation interests in loans, notes, closed end funds and private placements in equity and/or debt securities of public or private companies.
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 | - |
| PAC Subsequent | - |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 1.03% |
|---|---|
| Management Fee | 0.85% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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