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IA Clarington Thematic Innovation Class Series A

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U.S. Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(09-19-2025) 		$25.26
Change
$0.07 (0.28%)

As at August 31, 2025

As at July 31, 2025

As at August 31, 2025

Period
Created with Highcharts 10.3.3Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025May 2015Jan 2017Sep 2018May 2020Jan 2022Sep 2023May 2025May…$10,000$15,000$20,000$7,500$12,500$17,500Period

Legend

IA Clarington Thematic Innovation Class Series A

Compare Options

Fund Returns

Inception Return (June 25, 2014): 9.08%

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 -0.23% 10.71% 5.32% 6.18% 18.73% 23.37% 20.07% 9.36% 12.49% 14.81% 9.44% 8.70% 9.31% 9.35%
Benchmark 1.28% 9.49% 3.95% 5.81% 18.04% 22.32% 21.43% 13.36% 15.95% 16.55% 14.80% 15.98% 15.44% 15.10%
Category Average 1.23% 8.30% 3.05% 4.51% 12.30% 17.71% 16.60% 8.84% 12.24% 12.48% 10.93% 11.93% 11.63% 11.14%
Category Rank 1,187 / 1,369 215 / 1,342 292 / 1,308 306 / 1,296 228 / 1,287 224 / 1,226 394 / 1,165 545 / 1,093 534 / 1,037 289 / 977 696 / 891 745 / 831 619 / 750 550 / 664
Quartile Ranking 4 1 1 1 1 1 2 2 3 2 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund 1.17% 2.11% 6.97% 1.18% 4.57% -3.59% -7.71% -3.91% 7.27% 5.57% 5.11% -0.23%
Benchmark 2.23% 2.12% 6.59% 0.26% 3.46% -1.62% -6.04% -4.57% 5.88% 4.21% 3.75% 1.28%

Best Monthly Return Since Inception

10.75% (April 2020)

Worst Monthly Return Since Inception

-14.31% (October 2018)

Calendar Return (%)

Created with Highcharts 10.3.3-40%-20%0%20%40%60%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 13.74% 12.69% 8.57% -26.70% 17.18% 29.81% 18.40% -21.09% 22.23% 36.95%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85% 26.98%
Quartile Ranking 3 1 4 4 4 1 4 3 2 1
Category Rank 391/ 633 53/ 681 681/ 758 843/ 843 844/ 915 113/ 990 912/ 1,055 820/ 1,105 552/ 1,168 237/ 1,254

Best Calendar Return (Last 10 years)

36.95% (2024)

Worst Calendar Return (Last 10 years)

-26.70% (2018)

Asset Allocation

Asset Allocation
Name Percent
US Equity 90.80
International Equity 6.85
Cash and Equivalents 1.64
Canadian Equity 0.70
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 50.77
Consumer Services 11.29
Healthcare 10.17
Financial Services 8.78
Industrial Goods 5.40
Other 13.59

Geographic Allocation

Geographic Allocation
Name Percent
North America 93.15
Europe 4.50
Asia 1.01
Africa and Middle East 0.86
Latin America 0.48

Top Holdings

Top Holdings
Name Percent
NVIDIA Corp 9.75
Microsoft Corp 8.42
Amazon.com Inc 5.44
Meta Platforms Inc Cl A 4.75
Alphabet Inc Cl A 4.14
Apple Inc 3.66
Broadcom Inc 3.11
JPMorgan Chase & Co 2.49
Mastercard Inc Cl A 1.57
Eli Lilly and Co 1.43

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return8101214161820222426280%5%10%15%20%25%30%35%

IA Clarington Thematic Innovation Class Series A

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 13.87% 14.45% 14.83%
Beta 1.05% 1.03% 1.02%
Alpha -0.02% -0.03% -0.05%
Rsquared 0.92% 0.92% 0.78%
Sharpe 1.11% 0.71% 0.56%
Sortino 2.01% 1.06% 0.71%
Treynor 0.15% 0.10% 0.08%
Tax Efficiency 95.49% 95.42% 96.42%
Volatility Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10

Risk Rating

Rating 8 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 16.38% 13.87% 14.45% 14.83%
Beta 1.18% 1.05% 1.03% 1.02%
Alpha -0.02% -0.02% -0.03% -0.05%
Rsquared 0.95% 0.92% 0.92% 0.78%
Sharpe 0.94% 1.11% 0.71% 0.56%
Sortino 1.59% 2.01% 1.06% 0.71%
Treynor 0.13% 0.15% 0.10% 0.08%
Tax Efficiency 88.29% 95.49% 95.42% 96.42%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A74.4​74.460.3​60.30%10%20%30%40%50%60%70%80%90%100%

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.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A79.3​79.362.4​62.40%10%20%30%40%50%60%70%80%90%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.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A55.0​55.054.8​54.80%10%20%30%40%50%60%70%80%90%100%

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.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A75.3​75.363.7​63.70%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

Fund Details

Start Date June 25, 2014
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $70

Fund Codes

FundServ Code Load Code Sales Status
CCM9965
CCM9966
CCM9967

Investment Objectives

The Fund seeks to achieve long-term capital growth by investing primarily in equity securities of U.S. companies. 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: employs a thematic investment style that seeks to invests in companies from all sectors benefitting from technological advances or prospering in a perpetually changing environment. The investment strategy focuses not strictly on investing in technology itself, but instead on targeting companies that are benefitting from changes caused by technological innovations and avoiding those that will be negatively impacted.

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 10,000
SWP Min Withdrawal 100

Fees

MER 2.46%
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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