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Scotia INNOVA Income Portfolio Class - Series A
Canadian Fix Inc Balanced
Click for more information on Fundata’s FundGrade
FundGrade D
Click for more information on Fundata’s FundGrade.
|
NAVPS (08-19-2026) |
$12.46 |
|---|---|
| Change |
$0.01
(0.10%)
|
As at July 31, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (May 28, 2012): 3.30%
| 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 | -1.02% | 1.40% | 2.14% | 2.68% | 6.02% | 5.15% | 6.06% | 4.94% | 2.48% | 2.66% | 2.74% | 2.80% | 2.87% | 2.71% |
| Benchmark | -0.90% | 1.23% | 2.80% | 3.50% | 9.29% | 8.28% | 8.61% | 6.56% | 3.80% | 3.91% | 4.43% | 4.80% | 4.74% | 4.20% |
| Category Average | -0.78% | 1.80% | 2.96% | 3.77% | 7.84% | 6.84% | 7.69% | 6.08% | 3.31% | 3.72% | 3.86% | 3.95% | 3.88% | 3.57% |
| Category Rank | 290 / 410 | 328 / 410 | 341 / 410 | 350 / 410 | 329 / 403 | 344 / 396 | 348 / 393 | 324 / 392 | 283 / 371 | 271 / 343 | 287 / 332 | 265 / 291 | 241 / 275 | 216 / 263 |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.81% | 2.04% | 0.75% | 0.24% | -0.60% | 0.53% | 1.49% | -2.53% | 1.83% | 1.79% | 0.64% | -1.02% |
| Benchmark | 1.52% | 2.70% | 0.81% | 1.16% | -0.69% | 0.68% | 3.20% | -2.57% | 1.00% | 1.68% | 0.46% | -0.90% |
Best Monthly Return Since Inception
4.27% (November 2023)
Worst Monthly Return Since Inception
-4.14% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.85% | 3.94% | -1.20% | 6.53% | 4.23% | 2.35% | -9.60% | 7.05% | 6.44% | 5.91% |
| Benchmark | 6.19% | 4.30% | -1.25% | 10.87% | 8.35% | 3.73% | -9.93% | 7.79% | 8.33% | 9.15% |
| Category Average | 4.06% | 3.92% | -2.19% | 9.07% | 6.42% | 3.91% | -9.95% | 7.21% | 8.35% | 6.88% |
| Quartile Ranking | 4 | 3 | 2 | 4 | 4 | 3 | 2 | 3 | 4 | 3 |
| Category Rank | 210/ 248 | 154/ 268 | 98/ 281 | 286/ 303 | 296/ 335 | 249/ 358 | 157/ 374 | 255/ 392 | 337/ 395 | 293/ 398 |
Best Calendar Return (Last 10 years)
7.05% (2023)
Worst Calendar Return (Last 10 years)
-9.60% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Bonds - Funds | 29.75 |
| Canadian Corporate Bonds | 17.87 |
| Canadian Government Bonds | 13.76 |
| International Equity | 8.53 |
| US Equity | 7.91 |
| Other | 22.18 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 65.82 |
| Mutual Fund | 15.79 |
| Cash and Cash Equivalent | 7.57 |
| Technology | 2.93 |
| Financial Services | 1.90 |
| Other | 5.99 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 56.66 |
| Multi-National | 40.21 |
| Europe | 1.75 |
| Asia | 1.20 |
| Latin America | 0.14 |
| Other | 0.04 |
Top Holdings
| Name | Percent |
|---|---|
| Scotia Canadian Income Fund Series I | 24.24 |
| 1832 AM TOTL RET BND LP SER I | 17.92 |
| Scotia Wealth Canadian Corporate Bond Pool K | 7.20 |
| 1832AM GLOBAL CREDIT POOL SE I | 7.15 |
| Scotia Wealth High Yield Bond Pool Series I | 7.13 |
| 1832 AM TAA PLUS POOL SR I | 3.74 |
| Scotia Wealth Canadian Bond Pool Series I | 3.58 |
| Scotia Global Growth Fund Series A | 2.38 |
| Scotia Global Dividend Fund Series A | 2.21 |
| Dynamic Short Term Credit PLUS Fund Series O | 1.49 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Scotia INNOVA Income Portfolio Class - Series A
Median
Other - Canadian Fix Inc Balanced
3 Yr Annualized
| Standard Deviation | 5.02% | 6.02% | 5.06% |
|---|---|---|---|
| Beta | 0.79 | 0.86 | 0.78 |
| Alpha | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.89% | 0.93% | 0.90% |
| Sharpe | 0.51 | -0.06 | 0.17 |
| Sortino | 0.96 | -0.09 | -0.05 |
| Treynor | 0.03 | 0.00 | 0.01 |
| Tax Efficiency | 91.41% | 81.41% | 82.21% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.64% | 5.02% | 6.02% | 5.06% |
| Beta | 0.77 | 0.79 | 0.86 | 0.78 |
| Alpha | -0.01 | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.83% | 0.89% | 0.93% | 0.90% |
| Sharpe | 0.79 | 0.51 | -0.06 | 0.17 |
| Sortino | 0.93 | 0.96 | -0.09 | -0.05 |
| Treynor | 0.05 | 0.03 | 0.00 | 0.01 |
| Tax Efficiency | 85.96% | 91.41% | 81.41% | 82.21% |
Fund Details
| Start Date | May 28, 2012 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BNS1330 |
Investment Objectives
The portfolio’s objective is to achieve a balance of income and long term capital appreciation, with a significant 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.
Investment Strategy
The Portfolio is an asset allocation fund that allocates your investment between two asset classes: fixed income and equities. The following outlines the target weighting for each asset class in which the Portfolio invests - Fixed Income 75%, Equities 25%.
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
1832 Asset Management L.P. |
|---|---|
| Custodian |
Scotiabank |
| Registrar |
1832 Asset Management L.P. |
| Distributor |
Scotia Securities Inc. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 50,000 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 1.94% |
|---|---|
| Management Fee | 1.60% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.75% |
| Trailer Fee Max (LL) | - |
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