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IA Clarington Strategic Corporate Bond Fund Series A

High Yield Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2014

Click for more information on Fundata’s FundGrade

NAVPS
(08-01-2025)
$9.22
Change
$0.00 (0.05%)

As at June 30, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025May 2013May 2015May 2017May 2019May 2021May 2023$10,000$12,000$9,500$10,500$11,000$11,500Period

Legend

IA Clarington Strategic Corporate Bond Fund Series A

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Fund Returns

Inception Return (September 26, 2011): 3.82%

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 1.08% 1.17% 1.85% 1.85% 5.77% 6.44% 5.55% 2.51% 4.45% 2.97% 2.66% 2.59% 3.44% 2.97%
Benchmark 1.47% -0.66% 1.39% 1.39% 11.51% 12.96% 12.81% 5.35% 5.30% 5.02% 5.27% 5.04% 5.83% 5.88%
Category Average 1.42% 2.40% 3.00% 3.00% 7.58% 7.77% 6.81% 2.02% 3.86% 3.08% 3.29% 3.05% 3.59% 3.21%
Category Rank 184 / 245 218 / 245 204 / 242 204 / 242 229 / 242 227 / 235 223 / 232 119 / 229 126 / 219 161 / 213 176 / 196 153 / 184 134 / 168 123 / 160
Quartile Ranking 4 4 4 4 4 4 4 3 3 4 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.05% 0.74% 0.98% 0.18% 0.74% 0.11% 0.50% 0.60% -0.43% -0.86% 0.96% 1.08%
Benchmark 2.95% -0.48% 2.00% 2.26% 0.82% 2.08% 1.94% 0.36% -0.24% -3.14% 1.07% 1.47%

Best Monthly Return Since Inception

3.82% (April 2016)

Worst Monthly Return Since Inception

-9.35% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-10%-5%0%5%10%15%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -4.64% 16.23% 2.73% -1.57% 5.11% 3.11% 5.12% -6.28% 6.43% 6.98%
Benchmark 14.93% 10.80% 2.96% 5.36% 7.98% 6.14% 0.50% -6.92% 10.36% 17.23%
Category Average -2.71% 9.58% 5.34% -2.63% 9.49% 5.35% 3.21% -10.00% 8.59% 7.12%
Quartile Ranking 3 1 4 2 4 4 2 1 4 3
Category Rank 112/ 153 26/ 167 163/ 175 64/ 186 207/ 211 164/ 218 84/ 222 32/ 229 223/ 235 161/ 241

Best Calendar Return (Last 10 years)

16.23% (2016)

Worst Calendar Return (Last 10 years)

-6.28% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 45.47
Foreign Corporate Bonds 37.75
Cash and Equivalents 6.80
Foreign Government Bonds 3.76
Canadian Government Bonds 2.97
Other 3.25

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 89.95
Cash and Cash Equivalent 6.80
Consumer Goods 2.12
Energy 1.15
Financial Services 0.04

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.04

Top Holdings

Top Holdings
Name Percent
United States Treasury 4.63% 15-Feb-2035 3.75
United States Dollar 2.75
iShares iBoxx $ Inv Grade Corp Bond ETF (LQD) 2.50
Doman Building Mats Group Ltd 7.50% 17-Sep-2029 2.25
KeHE Distributors LLC 9.00% 15-Feb-2029 2.05
Cascades Inc 6.75% 15-Jul-2030 2.05
Chemtrade Logistics Inc. 6.38% 28-Aug-2029 2.02
Sleep Country Canada Hldgs Inc 6.63% 28-Nov-2032 1.95
ATS Corp 6.50% 21-Aug-2032 1.89
Archer Norge AS 9.50% 25-Feb-2030 1.80

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return1234567891011122%4%6%8%10%12%14%16%

IA Clarington Strategic Corporate Bond Fund Series A

Median

Other - High Yield Fixed Income

3 Yr Annualized

Standard Deviation 3.59% 3.85% 5.12%
Beta 0.45% 0.39% 0.44%
Alpha 0.00% 0.02% 0.00%
Rsquared 0.37% 0.41% 0.31%
Sharpe 0.41% 0.50% 0.26%
Sortino 1.23% 0.57% 0.01%
Treynor 0.03% 0.05% 0.03%
Tax Efficiency 60.57% 53.19% 19.64%
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 2.13% 3.59% 3.85% 5.12%
Beta 0.25% 0.45% 0.39% 0.44%
Alpha 0.03% 0.00% 0.02% 0.00%
Rsquared 0.43% 0.37% 0.41% 0.31%
Sharpe 1.07% 0.41% 0.50% 0.26%
Sortino 2.01% 1.23% 0.57% 0.01%
Treynor 0.09% 0.03% 0.05% 0.03%
Tax Efficiency 60.98% 60.57% 53.19% 19.64%

Fund Details

Start Date September 26, 2011
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
CCM3550
CCM3551
CCM3552

Investment Objectives

The Fund’s objective is to provide income and the potential for long term capital growth by investing primarily in fixed income securities with an emphasis on corporate and other higher yielding fixed income securities. The fundamental investment objective may only be changed with the approval of a majority of Securityholders at a meeting called for that purpose.

Investment Strategy

The portfolio manager: uses fundamental analysis to select investments and reviews the values of the investments on an ongoing basis, paying particular attention to credit quality and diversification by geographic region, industry sector, size of issuer and credit rating. The Fund: will invest primarily in fixed income securities of North American companies; may from time to time invest a significant portion of the Fund’s assets in non-North American companies.

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 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 2.00%
Management Fee 1.55%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.70%
Trailer Fee Max (DSC) 0.70%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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