Mutual fundSeries A · BNS381Index · Canadian Equity
Scotia Canadian Equity Index Fund
Scotiabank · Managed by 1832 Asset Management L.P. · Tracks the Solactive Canada Broad Market Index
- MER
- 1.00%
- $10.00 per $1,000 a year
- Risk rating
- Medium
- As rated by the manager
- Minimum
- $500
- then $25 per purchase
- Fund size
- $1.34B
- Apr 30, 2026
- Started
- 1997
- 1% fee if sold within 30 days
Growth simulator
If you had invested
$
$50,000 at the start of 2021 was worth, by the end of 2025
$100,971
- Total return
- +101.9%
- Per year
- +15.1%
- Worst year
- 2022, −6.5%
| Year | Return | Balance at year-end |
|---|---|---|
| 2021 | +24.2% | $62,100 |
| 2022 | −6.5% | $58,064 |
| 2023 | +10.5% | $64,160 |
| 2024 | +20.5% | $77,313 |
| 2025 | +30.6% | $100,971 |
Performance as filed
- Best 3 months
- +16.7% to Jun 30, 2020
- Worst 3 months
- −21.0% to Mar 31, 2020
- $1,000 invested 10 years ago
- $2,993 (+11.6% a year)
These figures are the provider's own, measured to the document date. The simulator above compounds calendar years, so its numbers can differ slightly.
Top 10 holdings
36.2% of 319- Royal Bank of Canada7.0%
- Toronto-Dominion Bank (The)5.1%
- Shopify Inc., Class "A"4.0%
- Enbridge Inc.3.4%
- Bank of Montreal3.0%
- Canadian Imperial Bank of Commerce2.9%
- Brookfield Corporation2.8%
- Canadian Natural Resources Limited2.7%
- Bank of Nova Scotia (The)2.7%
- Agnico Eagle Mines Limited2.6%
As of Apr 30, 2026
What it holds
- Financials33.5%
- Materials18.3%
- Energy18.2%
- Industrials11.1%
- Information Technology5.9%
- All other sectors and cash13.0%
As of Apr 30, 2026
Fee impact
What a 1.00% MER costs over time
| After | Without fees | With this MER | Fees cost you |
|---|---|---|---|
| 10 years | $89,542 | $81,445 | $8,098 |
| 15 years | $119,828 | $103,946 | $15,882 |
| 20 years | $160,357 | $132,665 | $27,692 |
| 25 years | $214,594 | $169,318 | $45,276 |
Illustration only. The 6% yearly return is an assumption you chose, not a forecast for this fund. Fees are taken as the filed MER every year.