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IA Clarington Canadian Small Cap Fund Series A

Cdn Small/Mid Cap Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade E

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NAVPS
(11-05-2024)
$82.90
Change
$0.20 (0.24%)

As at September 30, 2024

As at August 31, 2024

As at July 31, 2024

Period
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Legend

IA Clarington Canadian Small Cap Fund Series A

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Fund Returns

Inception Return (March 20, 1997): 9.23%

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 1.63% 6.99% 8.51% 12.82% 23.46% 16.09% 8.50% 15.70% 10.44% 7.71% 7.24% 7.05% 8.01% 6.04%
Benchmark 3.80% 8.44% 9.36% 18.02% 25.07% 15.77% 4.95% 13.61% 10.09% 7.11% 6.08% 5.46% 8.46% 4.98%
Category Average 2.28% 6.82% 7.76% 14.78% 22.97% 14.54% 3.48% 11.11% 9.32% 6.71% 6.22% 5.77% 6.97% 4.90%
Category Rank 174 / 205 133 / 204 87 / 201 165 / 198 119 / 197 76 / 197 34 / 193 28 / 180 78 / 179 81 / 172 85 / 168 74 / 160 72 / 138 69 / 131
Quartile Ranking 4 3 2 4 3 2 1 1 2 2 3 2 3 3

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -1.36% 5.57% 5.08% 1.72% 0.82% 1.39% -1.84% -1.49% 4.89% 5.55% -0.26% 1.63%
Benchmark -2.58% 4.84% 3.76% -0.37% 0.77% 7.49% 0.17% 2.65% -1.93% 5.81% -1.26% 3.80%

Best Monthly Return Since Inception

14.31% (April 2020)

Worst Monthly Return Since Inception

-25.95% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 5.92% -6.82% 22.29% 1.94% -12.31% 15.26% 0.41% 24.26% 0.78% 10.50%
Benchmark -2.34% -13.31% 38.48% 2.75% -18.17% 15.84% 12.87% 20.27% -9.29% 4.79%
Category Average 3.45% -6.13% 18.01% 3.43% -15.15% 16.59% 11.91% 22.35% -11.32% 6.49%
Quartile Ranking 3 3 2 3 2 4 4 2 1 2
Category Rank 69/ 128 96/ 133 49/ 155 97/ 160 52/ 169 145/ 176 168/ 179 77/ 187 19/ 195 57/ 197

Best Calendar Return (Last 10 years)

24.26% (2021)

Worst Calendar Return (Last 10 years)

-12.31% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 95.54
Income Trust Units 2.18
Cash and Equivalents 1.62
US Equity 0.66

Sector Allocation

Sector Allocation
Name Percent
Financial Services 21.13
Energy 15.42
Basic Materials 11.56
Industrial Services 10.93
Consumer Services 9.83
Other 31.13

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Canadian Western Bank 7.56
AltaGas Ltd 4.78
Winpak Ltd 4.75
iA Financial Corp Inc 4.06
E-L Financial Corp Ltd 3.91
Lassonde Industries Inc Cl A 3.68
Mullen Group Ltd 3.56
Information Services Corp Cl A 3.50
Definity Financial Corp 3.42
Secure Energy Services Inc 3.37

Equity Style

Market capitalization is small. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

IA Clarington Canadian Small Cap Fund Series A

Median

Other - Cdn Small/Mid Cap Equity

3 Yr Annualized

Standard Deviation 11.26% 17.80% 14.03%
Beta 0.51% 0.65% 0.60%
Alpha 0.06% 0.03% 0.03%
Rsquared 0.58% 0.81% 0.73%
Sharpe 0.48% 0.53% 0.38%
Sortino 0.84% 0.65% 0.38%
Treynor 0.11% 0.15% 0.09%
Tax Efficiency 91.46% 94.65% 93.07%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.80% 11.26% 17.80% 14.03%
Beta 0.37% 0.51% 0.65% 0.60%
Alpha 0.13% 0.06% 0.03% 0.03%
Rsquared 0.18% 0.58% 0.81% 0.73%
Sharpe 1.73% 0.48% 0.53% 0.38%
Sortino 5.84% 0.84% 0.65% 0.38%
Treynor 0.46% 0.11% 0.15% 0.09%
Tax Efficiency 94.72% 91.46% 94.65% 93.07%

Fundata ESG Metrics

Fundata ESG Score

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

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

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

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.

Fund Details

Start Date March 20, 1997
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $890

Fund Codes

FundServ Code Load Code Sales Status
CCM520
CCM521
CCM975

Investment Objectives

The Fund’s objective is to maximize long-term growth of capital by investing primarily in equity securities of small capitalization Canadian 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 sub-advisor: uses a fundamental, bottom-up approach to identify companies with attractive valuations, proven track records and sustainable business models. The Fund: invests primarily in equities of Canadian smaller capitalization companies. For the Fund’s investment purposes, companies with a market capitalization of less than $3 billion are considered to be smaller capitalization companies; may invest in foreign securities.

Portfolio Manager(s)

Name Start Date
Leigh Pullen 03-20-1997
Joe Jugovic 05-19-2005
Industrial Alliance Investment Management Inc. 07-19-2007
Ian Cooke 02-28-2010

Management and Organization

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

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 2.59%
Management Fee 2.10%
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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