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IA Wealth Core Bond Pool Series A

Canadian Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(03-17-2025)
$11.90
Change
$0.04 (0.32%)

As at February 28, 2025

As at January 31, 2025

Period
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Legend

IA Wealth Core Bond Pool Series A

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Fund Returns

Inception Return (February 29, 1988): 4.72%

Fund Returns
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 1.18% 1.29% 3.88% 2.17% 7.99% 5.58% 1.04% -0.20% 0.00% 1.28% 1.33% 1.13% 1.15% 0.82%
Benchmark 1.14% 1.75% 4.04% 2.28% 8.37% 5.98% 1.44% 0.48% 0.36% 1.85% 2.11% 1.97% 1.94% 1.72%
Category Average 1.08% 1.29% 3.60% 2.11% 7.61% 5.42% 0.97% -0.21% 0.15% 1.36% 1.46% 1.32% 1.44% 1.07%
Category Rank 168 / 666 544 / 664 428 / 656 379 / 665 393 / 631 409 / 603 411 / 589 395 / 561 406 / 532 377 / 497 374 / 461 357 / 426 336 / 383 302 / 347
Quartile Ranking 2 4 3 3 3 3 3 3 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Fund 0.45% -2.10% 1.78% 1.14% 2.36% 0.32% 1.84% -1.09% 1.81% -0.86% 0.98% 1.18%
Benchmark 0.48% -1.95% 0.00% 2.98% 2.14% 0.52% 1.82% -1.07% 1.51% -0.52% 1.13% 1.14%

Best Monthly Return Since Inception

5.20% (February 1995)

Worst Monthly Return Since Inception

-4.66% (March 1994)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 1.78% 0.67% 1.38% -0.52% 5.94% 7.77% -3.17% -12.06% 6.02% 3.87%
Benchmark 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38% 4.10%
Category Average 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16% 3.68%
Quartile Ranking 3 4 3 4 3 4 4 3 3 3
Category Rank 247/ 346 337/ 380 316/ 425 410/ 451 335/ 496 421/ 526 434/ 557 351/ 587 443/ 602 445/ 627

Best Calendar Return (Last 10 years)

7.77% (2020)

Worst Calendar Return (Last 10 years)

-12.06% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 49.36
Canadian Corporate Bonds 36.40
Cash and Equivalents 7.86
Canadian Bonds - Other 3.65
Foreign Corporate Bonds 2.62
Other 0.11

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 92.05
Cash and Cash Equivalent 7.86
Financial Services 0.09

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.99
Other 0.01

Top Holdings

Top Holdings
Name Percent
Canada Government 2.00% 01-Jun-2032 5.40
Canada Government 3.50% 01-Sep-2029 4.96
Canada Government 2.75% 01-Dec-2055 4.26
Canada Government 3.25% 01-Dec-2034 4.05
Quebec Province 4.45% 01-Sep-2034 3.72
Quebec Province 4.40% 01-Dec-2055 2.47
Canada Government 0.00% 24-Apr-2025 1.93
Ontario Province 4.65% 02-Jun-2041 1.84
Vanguard Short-Term Corp Bond Idx FdETF (VCSH) 1.83
Toronto-Dominion Bank 3.06% 26-Jan-2027 1.55

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: L. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

IA Wealth Core Bond Pool Series A

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 7.29% 6.64% 5.29%
Beta 1.04% 1.03% 0.99%
Alpha 0.00% 0.00% -0.01%
Rsquared 0.95% 0.95% 0.95%
Sharpe -0.34% -0.32% -0.13%
Sortino -0.33% -0.56% -0.52%
Treynor -0.02% -0.02% -0.01%
Tax Efficiency - - -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.74% 7.29% 6.64% 5.29%
Beta 0.82% 1.04% 1.03% 0.99%
Alpha 0.01% 0.00% 0.00% -0.01%
Rsquared 0.70% 0.95% 0.95% 0.95%
Sharpe 0.79% -0.34% -0.32% -0.13%
Sortino 1.65% -0.33% -0.56% -0.52%
Treynor 0.05% -0.02% -0.02% -0.01%
Tax Efficiency 81.92% - - -

Fund Details

Start Date February 29, 1988
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Capped
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $236

Fund Codes

FundServ Code Load Code Sales Status
CCM1602
CCM702
CCM802

Investment Objectives

The Fund’s objective is to generate a high total rate of return through a combination of interest income and enhancement of capital consistent with safety of capital. Therefore, the Fund invests in high quality fixed income securities that provide investors with as high a level of income as is consistent with the reasonable protection of invested capital. The Fund may also invest a portion of its assets in first mortgages situated in Canada.

Investment Strategy

The portfolio manager: employs a top-down multi-strategy approach that aims to find diversified sources of value within fixed income. The Fund: invests primarily in high quality fixed income securities; such debt obligations will consist of bonds, debentures, notes and other obligations, whether secured or unsecured, convertible or not, issued or guaranteed by the Government of Canada or any province or territory of Canada or any agency thereof.

Portfolio Management

Portfolio Manager

iA Global Asset Management Inc.

Sub-Advisor

-

Management and Organization

Fund Manager

IA Clarington Investments Inc.

Custodian

CIBC Mellon Trust Company

Registrar

IA Clarington Investments Inc.

Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 1.10%
Management Fee 1.10%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.55%
Trailer Fee Max (DSC) 0.55%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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