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Canadian Neutral Balanced
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|
NAVPS (05-02-2024) |
$7.12 |
|---|---|
| Change |
$0.02
(0.34%)
|
As at March 31, 2024
As at February 29, 2024
As at February 29, 2024
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Inception Return (November 02, 2009): 3.98%
| 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 | 1.85% | 4.14% | 10.90% | 4.14% | 7.45% | 0.72% | 3.71% | 8.29% | 4.25% | 4.51% | 3.77% | 4.84% | 3.48% | 3.21% |
| Benchmark | 2.49% | 3.02% | 11.45% | 3.02% | 8.50% | 2.25% | 4.35% | 8.81% | 5.72% | 5.93% | 5.33% | 5.97% | 4.90% | 5.27% |
| Category Average | 1.87% | 11.41% | 11.41% | 3.77% | 8.76% | 2.37% | 3.43% | 7.70% | 4.72% | 4.57% | 4.21% | 4.68% | 3.79% | 4.24% |
| Category Rank | 286 / 450 | 251 / 450 | 359 / 448 | 251 / 450 | 378 / 439 | 405 / 420 | 274 / 397 | 219 / 386 | 336 / 375 | 288 / 365 | 299 / 352 | 241 / 340 | 265 / 307 | 285 / 295 |
| Quartile Ranking | 3 | 3 | 4 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 3 | 4 | 4 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.15% | -2.67% | 1.77% | 0.74% | -1.15% | -2.89% | -2.67% | 5.11% | 4.10% | 0.58% | 1.66% | 1.85% |
| Benchmark | 2.00% | -3.45% | 1.83% | 0.93% | -0.84% | -3.01% | -1.57% | 6.01% | 3.69% | -0.31% | 0.82% | 2.49% |
6.23% (November 2020)
-10.91% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.82% | -6.63% | 9.66% | 5.52% | -3.04% | 11.93% | -0.55% | 16.04% | -7.82% | 5.50% |
| Benchmark | 9.98% | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% |
| Category Average | 7.98% | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% |
| Quartile Ranking | 4 | 4 | 2 | 3 | 2 | 4 | 4 | 1 | 2 | 4 |
| Category Rank | 293/ 294 | 306/ 307 | 138/ 339 | 229/ 352 | 106/ 363 | 306/ 373 | 378/ 382 | 85/ 397 | 197/ 417 | 426/ 437 |
16.04% (2021)
-7.82% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 41.60 |
| Canadian Corporate Bonds | 15.71 |
| US Equity | 12.03 |
| Foreign Corporate Bonds | 10.41 |
| Cash and Equivalents | 8.35 |
| Other | 11.90 |
| Name | Percent |
|---|---|
| Fixed Income | 33.73 |
| Financial Services | 14.71 |
| Industrial Services | 8.63 |
| Cash and Cash Equivalent | 8.35 |
| Real Estate | 6.14 |
| Other | 28.44 |
| Name | Percent |
|---|---|
| North America | 98.71 |
| Latin America | 1.22 |
| Other | 0.07 |
| Name | Percent |
|---|---|
| IA Clarington Strategic Income Fund Series A | 97.71 |
| Canadian Dollar | 2.29 |
IA Clarington Tactical Income Class Series T6
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.63% | 9.68% | 7.79% |
|---|---|---|---|
| Beta | 0.87% | 0.88% | 0.87% |
| Alpha | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.92% | 0.87% | 0.83% |
| Sharpe | 0.16% | 0.28% | 0.27% |
| Sortino | 0.17% | 0.22% | 0.08% |
| Treynor | 0.02% | 0.03% | 0.02% |
| Tax Efficiency | 63.52% | 72.47% | 72.61% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.96% | 8.63% | 9.68% | 7.79% |
| Beta | 0.91% | 0.87% | 0.88% | 0.87% |
| Alpha | 0.00% | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.93% | 0.92% | 0.87% | 0.83% |
| Sharpe | 0.32% | 0.16% | 0.28% | 0.27% |
| Sortino | 0.85% | 0.17% | 0.22% | 0.08% |
| Treynor | 0.03% | 0.02% | 0.03% | 0.02% |
| Tax Efficiency | 84.96% | 63.52% | 72.47% | 72.61% |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | November 02, 2009 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Capped |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $18 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CCM3029 | ||
| CCM3030 | ||
| CCM3031 |
The Fund’s objective is to provide a return that is similar to the return of a Canadian tactical balanced mutual fund. The Fund invests primarily, directly or indirectly, in securities held by a Canadian tactical balanced mutual fund managed by iA Clarington, or an affiliate or associate of iA Clarington, and may invest all or a portion of its portfolio in Securities of the Reference Fund.
The Fund invests substantially all of its assets in units of IA Clarington Strategic Income Fund, which we refer to as the “Reference Fund”. The investment strategies of the Reference Fund: 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.
| Name | Start Date |
|---|---|
| Dan Bastasic | 12-07-2020 |
| Fund Manager | IA Clarington Investments Inc. |
|---|---|
| Advisor | Industrial Alliance Investment Management Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | IA Clarington Investments Inc. |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.35% |
|---|---|
| Management Fee | 2.00% |
| 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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