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Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (02-24-2025) |
$16.51 |
|---|---|
| Change |
$0.00
(0.03%)
|
As at January 31, 2025
As at December 31, 2024
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Inception Return (August 29, 2011): 5.74%
| 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 | 1.59% | 2.51% | 5.08% | 1.59% | 11.75% | 7.12% | 3.45% | 6.01% | 4.67% | 5.47% | 4.88% | 4.74% | 6.06% | 4.62% |
| Benchmark | 2.42% | 4.53% | 8.16% | 2.42% | 16.65% | 9.92% | 5.87% | 7.12% | 6.56% | 7.51% | 6.71% | 6.44% | 7.13% | 5.78% |
| Category Average | 2.38% | 4.02% | 6.19% | 2.38% | 14.18% | 8.96% | 4.66% | 5.82% | 5.42% | 6.18% | 5.12% | 5.19% | 5.52% | 4.57% |
| Category Rank | 435 / 452 | 430 / 452 | 396 / 452 | 435 / 452 | 421 / 446 | 418 / 432 | 382 / 412 | 283 / 392 | 336 / 381 | 332 / 370 | 287 / 358 | 289 / 347 | 204 / 334 | 221 / 301 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 3 | 3 |
| Return % | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.68% | 1.88% | -2.09% | 1.65% | -0.12% | 3.26% | 0.77% | 2.05% | -0.31% | 2.95% | -1.99% | 1.59% |
| Benchmark | 0.82% | 2.49% | -1.88% | 1.52% | 0.56% | 4.19% | 0.91% | 2.55% | -0.02% | 4.18% | -2.03% | 2.42% |
6.42% (November 2020)
-11.17% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -5.86% | 13.91% | 5.44% | -3.40% | 13.09% | -0.52% | 16.44% | -7.93% | 5.55% | 10.64% |
| Benchmark | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% | 13.55% |
| Category Average | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% | 11.70% |
| Quartile Ranking | 4 | 1 | 3 | 2 | 3 | 4 | 1 | 3 | 4 | 4 |
| Category Rank | 291/ 301 | 46/ 334 | 229/ 347 | 138/ 358 | 216/ 368 | 370/ 377 | 76/ 392 | 213/ 412 | 418/ 432 | 396/ 446 |
16.44% (2021)
-7.93% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 39.07 |
| Canadian Corporate Bonds | 16.87 |
| US Equity | 13.76 |
| Foreign Corporate Bonds | 10.45 |
| Cash and Equivalents | 8.08 |
| Other | 11.77 |
| Name | Percent |
|---|---|
| Fixed Income | 35.35 |
| Financial Services | 15.11 |
| Cash and Cash Equivalent | 8.08 |
| Real Estate | 6.62 |
| Industrial Services | 5.90 |
| Other | 28.94 |
| Name | Percent |
|---|---|
| North America | 98.99 |
| Latin America | 0.96 |
| Other | 0.05 |
| Name | Percent |
|---|---|
| United States Treasury 4.13% 15-Nov-2032 | 6.06 |
| Royal Bank of Canada | 2.99 |
| iShares iBoxx $ Inv Grade Corp Bond ETF (LQD) | 2.95 |
| Loblaw Cos Ltd | 2.89 |
| Waste Connections Inc | 2.45 |
| Stantec Inc | 2.36 |
| Toronto-Dominion Bank | 2.14 |
| Fortis Inc | 2.13 |
| Visa Inc Cl A | 1.93 |
| Canadian Pacific Kansas City Ltd | 1.91 |
IA Clarington Strategic Income Fund Series A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.81% | 10.08% | 8.35% |
|---|---|---|---|
| Beta | 0.86% | 0.90% | 0.92% |
| Alpha | -0.02% | -0.01% | -0.01% |
| Rsquared | 0.93% | 0.89% | 0.84% |
| Sharpe | 0.01% | 0.27% | 0.39% |
| Sortino | 0.12% | 0.27% | 0.30% |
| Treynor | 0.00% | 0.03% | 0.04% |
| Tax Efficiency | 77.76% | 79.76% | 79.47% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.04% | 8.81% | 10.08% | 8.35% |
| Beta | 0.84% | 0.86% | 0.90% | 0.92% |
| Alpha | -0.02% | -0.02% | -0.01% | -0.01% |
| Rsquared | 0.93% | 0.93% | 0.89% | 0.84% |
| Sharpe | 1.17% | 0.01% | 0.27% | 0.39% |
| Sortino | 2.52% | 0.12% | 0.27% | 0.30% |
| Treynor | 0.08% | 0.00% | 0.03% | 0.04% |
| Tax Efficiency | 91.94% | 77.76% | 79.76% | 79.47% |
| Start Date | August 29, 2011 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $2,628 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CCM3420 | ||
| CCM3421 | ||
| CCM3422 |
The Fund’s objective is to provide a consistent stream of income and capital appreciation by investing primarily in Canadian equity and fixed income investments. The fundamental investment objective may only be changed with the approval of a majority of Securityholders at a meeting called for that purpose.
The portfolio manager: employs a bottom-up security selection process combined with a top-down overlay to determine the risk-reward opportunity for each investment and the Fund’s overall positioning. In determining the valuation of a company, the portfolio manager pays particular attention to the ability of the company to deliver sustainable cash flows, consistent earnings and identifying factors that could impact a company’s prospects.
| Portfolio Manager |
iA Global Asset Management Inc. |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
IA Clarington Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
IA Clarington Investments Inc. |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 500 |
| SWP Min Withdrawal | 100 |
| MER | 2.35% |
|---|---|
| Management Fee | 1.90% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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