(As of 4/30/2024)

Scotia INNOVA Balanced Income Portfolio Series A

(Global Fixed Income Balanced)
FundGrade A+® Rating recipient
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Inception Return
(1/20/2009)
4.46 %
YTD Return 0.85 %
NAVPS
(5/27/2024)
$14.71
Change ($0.01) / -0.06 %
Growth of $10,000 (As of April 30, 2024)
MER 1.98 %
Assets ($mil) $1,560.80
Rank (1Yr) 583/892
Std Dev (3Yr) 6.00 %
Volatility Ranking (3Yr) 3/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
The portfolio’s objective is to achieve a balance of current income and long term capital appreciation, with a bias towards income. It invests primarily in a diversified mix of mutual funds, and/or equity securities and/or fixed income securities located anywhere in the world.
Fund Manager

1832 Asset Management L.P.

Portfolio Manager

Craig Maddock, 1832 Asset Management L.P.

Yuko Girard, 1832 Asset Management L.P.

Wes Blight, 1832 Asset Management L.P.

Mark Fairbairn, 1832 Asset Management L.P.

Ian Taylor, 1832 Asset Management L.P.

Jenny Wang , 1832 Asset Management L.P.

Sub-Advisor
Data not available
 
Asset Allocation
(As of March 31, 2024)
Sector Allocation
(As of March 31, 2024)
Geographic Allocation
(As of March 31, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
Scotia Canadian Income Fund Series IDomestic BondsFixed IncomeCanada20.47%
1832 AM Total Return Bond LP Ser IForeign BondsFixed IncomeMulti-National11.48%
Scotia Wealth Short-Mid Government Bond Pool - IDomestic BondsFixed IncomeCanada8.67%
Scotia Canadian Dividend Fund Series ACanadian EquityMutual FundCanada7.76%
1832 AM Global Credit Pool Ser IForeign BondsFixed IncomeMulti-National6.12%
Scotia Wealth Canadian Corporate Bond Pool KDomestic BondsFixed IncomeCanada5.61%
Scotia Mortgage Income Fund Series ADomestic BondsFixed IncomeCanada5.59%
Scotia Global Growth Fund Series AInternational EquityMutual FundMulti-National4.98%
1832 AM U.S. Low Volatility Eq LP Ser IUS EquityMutual FundUnited States3.50%
1832 AM Global Low Vol Equity LP Ser IInternational EquityMutual FundMulti-National3.50%

Performance Data (As of April 30, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -1.69 0.72 8.02 0.85 3.04 0.66 1.73 2.70
Benchmark -1.39 1.04 6.97 1.41 3.16 -0.13 1.36 4.08
Quartile Ranking 3 2 3 2 3 2 3 3

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 7.58 -9.55 4.34 4.53 8.04 -1.66 3.89 3.47 2.85 7.60
Benchmark 6.74 -11.13 -0.49 9.09 6.30 5.53 3.81 0.39 16.91 11.35
Quartile Ranking 3 2 3 4 4 2 3 3 3 2

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