Scotia Income Advantage Fund FBNS509
- NAV9.17
- TODAY'S CHANGE (%)0.01 (0.12%)
- Investment Style
- 52 Week Range
- Distribution Yield4.81%
- MER1.03
- AUM167.3M
- RRSP EligibilityYes
- Load TypeNo Load
- Overall Morningstar RatingNot Ratedout of 2825 funds
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| Company | Country | Symbol |
|---|
| Date | Percent Change | Category Percent Change |
|---|---|---|
| March 2024 | 0.02% | 0.08% |
| February 2024 | 0.00% | 0.06% |
| January 2024 | -0.01% | 0.04% |
| December 2023 | -0.01% | 0.03% |
| November 2023 | -0.04% | 0.01% |
| October 2023 | -0.08% | -0.04% |
| September 2023 | -0.06% | -0.04% |
| August 2023 | -0.03% | 0.00% |
| July 2023 | -0.03% | 0.00% |
| June 2023 | -0.03% | -0.01% |
| May 2023 | -0.05% | -0.03% |
| April 2023 | -0.02% | -0.01% |
| March 2023 | -0.04% | -0.02% |
| February 2023 | -0.04% | -0.03% |
| January 2023 | -0.03% | -0.02% |
| December 2022 | -0.05% | -0.06% |
| November 2022 | -0.02% | -0.03% |
| October 2022 | -0.06% | -0.08% |
| September 2022 | -0.09% | -0.10% |
| August 2022 | -0.05% | -0.07% |
| July 2022 | -0.04% | -0.05% |
| June 2022 | -0.08% | -0.09% |
| May 2022 | -0.03% | -0.05% |
| April 2022 | -0.03% | -0.04% |
| March 2022 | 0.00% | 0.00% |
Calendar Year Total Returns
| Year | Fund | Best-Fit Index | Category |
|---|---|---|---|
2023 | +4.43% | +11.75% | +9.79% |
2022 | --- | -5.84% | -10.73% |
2021 | --- | +25.09% | +9.36% |
2020 | --- | +5.60% | +7.38% |
2019 | --- | +22.88% | +12.65% |
| CDN Equity | 31.4% |
|---|---|
| Fixed Income | 27.6% |
| US Equity | 22.5% |
| Cash | 9.2% |
| Other | 8.0% |
| Int'l Equity | 1.3% |
| Financial Serv.s | 13.9% |
|---|---|
| Energy | 7.2% |
| Industrials | 6.1% |
| Real Estate | 5.4% |
| Consumer Cyclical | 5.4% |
| Communication Services | 3.9% |
| Technology | 3.6% |
| Healthcare | 3.2% |
| Consumer Defensive | 2.7% |
| Utilities | 2.1% |
| Basic Mat. | 0.9% |
| Canada | 57.4% |
|---|---|
| United States | 41.1% |
| Asia/Oceania | 0.6% |
| Europe | 0.2% |
| Africa | 0 |
| Latin America | 0 |
| Company Name sortable | Position sortable | Allocation sortable | Allocation sortable1 Month Change | Market Value sortable |
|---|---|---|---|---|
1832 AM Investment Grade US Corp Bd Pl I | Long | 5.1% | 0.00% | $8.6M |
1832 AM Total Return Bond LP I | Long | 4.7% | 0.00% | $8.0M |
Dynamic St Credit Plus Fd Ser O 3130 | Long | 4.6% | --- | $7.8M |
Canada (Government of) 1.25% | Long | 4.1% | 0.00% | $7.0M |
United States Treasury Notes 2.75% | Long | 3.6% | 0.00% | $6.2M |
Royal Bank of Canada | Long | 3.0% | 0.00% | $5.0M |
Canada (Government of) 1.5% | Long | 2.7% | 0.00% | $4.5M |
United States Treasury Bonds 3% | Long | 2.5% | 0.00% | $4.2M |
Microsoft Corp | Long | 2.3% | 0.00% | $3.8M |
1832 AM Investment Grd Cdn Corp Bd Pl I | Long | 2.3% | 0.00% | $3.8M |
Best Fit Index | S&P/TSX Composite TR |
|---|---|
Category | |
Sponsor | 1832 Asset Management L.P. |
Inception | March 7, 2022 |
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. To the extent that the fund invests in equity securities, these may include common shares, preferred shares, convertible preferred shares, real estate investment trusts, and other high yielding equity securities that are diversified by sector, style and geography.
| Total Net Assets | $2.5M |
|---|---|
| Annual Portfolio Turnover | 24.98% |
| Equity Style | Large Cap Blend |
| Credit Quality / Duration | Long Duration/Medium Quality |
| Tax-Adjusted Rating | Not Rated |
| Initial Investment(s) | $500 |
|---|---|
| Subsequent Investment(s) | $25 |
| Initial RRSP Investment(s) | $500 |
| Subsequent RRSP Investment(s) | $25 |
| Maximum Initial Sales Fees | --- |
|---|---|
| Maximum Deferred Sales Fees | --- |
| Actual Management Fee | 0.85% |
| Actual Mgmt. Expense Ratio (MER) | 1.03% |
| Load Type | No Load |
Morningstar Ratings
| Time Horizon | Star Rating | Tax-Adjusted Rating |
|---|---|---|
| Overall | Not Rated | ---No Tax-Adjusted Rating Available |
| 3 Year | Not Rated | ---No Tax-Adjusted Rating Available |
| 5 Year | Not Rated | ---No Tax-Adjusted Rating Available |
| 10 Year | Not Rated | ---No Tax-Adjusted Rating Available |
Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar Rating) metrics.
Style Box is calculated only using the long position holdings of the portfolio.
Management & Contact
Contact Information
1832 Asset Management L.P.16th Floor 40 King Street West
Toronto ON Canada M5H 1H1
Tel: 416-750-3863
Fax: 416-288-4455