(As of 11/30/2025)

Scotia Resource Fund - Series A

(Natural Resources Equity)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2021
2020
2019
2018



Inception Return
(7/8/1993)
5.60 %
YTD Return 30.78 %
NAVPS
(12/30/2025)
$50.46
Change $0.17 / 0.34 %
Growth of $10,000 (As of November 30, 2025)
MER 2.11 %
Assets ($mil) $120.50
Rank (1Yr) 79/109
Std Dev (3Yr) 23.37 %
Volatility Ranking (3Yr) 10/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
The fund’s objective is aggressive long-term capital growth. It invests primarily in equity securities of Canadian resource based companies, including companies that operate in the oil and gas, gold and precious metals, metals and minerals, and forest products industries.
Fund Manager

1832 Asset Management L.P.

Portfolio Manager

Robert Cohen, 1832 Asset Management L.P.

Jennifer Stevenson, 1832 Asset Management L.P.

Sub-Advisor
-
 
Asset Allocation
(As of October 31, 2025)
Sector Allocation
(As of October 31, 2025)
Geographic Allocation
(As of October 31, 2025)
Top 10 Holdings
NameAssetSectorGeographicPercent
WA1 Resources LtdInternational EquityBasic MaterialsAsia/Pacific Rim8.34%
Nexgen Energy LtdCanadian EquityBasic MaterialsCanada7.33%
CanAlaska Uranium Ltd Cl ACanadian EquityBasic MaterialsCanada6.74%
Felix Gold LtdInternational EquityBasic MaterialsAsia/Pacific Rim5.95%
Atex Resources IncCanadian EquityBasic MaterialsCanada4.61%
Ramelius Resources LtdInternational EquityBasic MaterialsAsia/Pacific Rim4.28%
Trigg Minerals LtdInternational EquityBasic MaterialsAsia/Pacific Rim4.25%
Enbridge IncCanadian EquityEnergyCanada4.24%
Tourmaline Oil CorpCanadian EquityEnergyCanada4.21%
Shell PLC - ADRInternational EquityEnergyEuropean Union4.21%

Performance Data (As of November 30, 2025)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -3.74 8.37 25.62 30.78 20.30 9.31 13.60 12.63
Benchmark 9.29 18.56 35.79 51.27 43.86 19.69 20.03 11.53
Quartile Ranking 4 4 4 3 3 4 4 2

Calendar Return (%) 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund 3.43 0.80 13.61 19.19 7.03 18.62 -11.95 10.79 45.79 -14.48
Benchmark 19.24 -0.78 12.86 21.57 -7.01 20.06 -15.86 -1.69 36.74 -23.78
Quartile Ranking 4 3 4 4 1 1 1 1 3 2

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