Performance
Trailing returns
| 1 day | +0.39% |
| |||
| 1 week | +0.83% |
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| 4 week |
| -1.77% | |||
| 3 month |
| -0.36% | |||
| YTD | +2.63% |
| |||
| 1 year | +6.30% |
| |||
| 3 years* | +4.88% |
| |||
| 5 years* | +3.10% |
| |||
| *annualized | |||||
| Best 3 month return | +10.06% | |
| Worst 3 month return | -10.59% |
Morningstar statistics
Morningstar category: Canadian Neutral Balanced
| Return | Risk | Rating | |
| 3 years | Average | Low |
 
|
| 5 years | Above Average | Low |
|
| 10 years | Average | Low |
|
| Overall | Average | Low |
|
Morningstar style Learn more
| Large | |||
| Mid | |||
| Small | |||
| Value | Blend | Growth |
Key statistics
| Total assets | 190.18M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | - | |
| Management fee | 2.40% | |
| Fund family | Standard Life Assurance Co. of Canada |
Asset allocation
| Cash | 9.00% | |
| Stocks | 49.08% | |
| Bonds | 41.67% | |
| Other | 0.24% |
Purchase information
| Initial | $1,000 | |
| Additional | $250 | |
| IRA Initial | $1,000 |
19.25+0.07(0.39%)
Jun 18, 4:30PM EDT
Overall Morningstar RatingTM
Description
The objective of the Payout Balanced Fund is to accommodate the needs of investors who are drawing upon their assets for income purposes, but still wish to remain invested primarily in a diversified portfolio of stocks and bonds. The fund is structured more defensively than the Balanced Fund in that the proportion held in bonds and shorter-term securities is slightly greater to reflect the annual requirement for income withdrawal and the need for lower volatility. The average term to maturity of the bonds held has also been reduced to adjust for the income needs of the typical investor.
Advisor Company:
Standard Life Investments Inc.
Standard Life Investments Inc.
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 2.86 | 1.88 | 0.62 | -0.71 | |
| Beta* | 0.48 | 0.52 | 0.62 | 0.61 | |
| Mean annual return | 0.57 | 0.44 | 0.27 | 0.40 | |
| R-squared* | 25.60 | 56.23 | 72.93 | 70.73 | |
| Standard deviation | 2.33 | 3.16 | 6.10 | 5.10 | |
| Sharpe ratio | 2.53 | 1.39 | 0.36 | 0.52 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Royal Bank Of Canada (RY) | 3.37% | |
| Toronto-Dominion Bank (TD) | 3.07% | |
| Bank of Nova Scotia (BNS) | 2.71% | |
| Canada Hsg Tr No 1 2.95% | 2.26% | |
| Canada Govt 4% | 1.92% | |
| Ontario Prov Cda 5.85% | 1.65% | |
| Canadian National Railway Co (CNI) | 1.62% | |
| TELUS Corp (TU) | 1.57% | |
| Enbridge, Inc. (ENB) | 1.39% | |
| Canada Govt 4% | 1.34% |