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IA Clarington Target Click 2030 Fund Series A

2030 Target Date

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

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

Fundata ESG Grade E

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NAVPS
(04-19-2024)
$13.73
Change
$0.01 (0.06%)

As at March 31, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

IA Clarington Target Click 2030 Fund Series A

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Fund Returns

Inception Return (July 04, 2008): 2.24%

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 0.85% -1.13% 7.35% -1.13% 1.18% -0.89% -2.58% -1.40% -0.41% 0.21% 0.44% 0.59% -0.12% 1.64%
Benchmark 2.30% 7.76% 16.43% 7.76% 17.03% 8.32% 6.28% 10.74% 8.09% 7.66% 7.94% 8.66% 7.72% 8.79%
Category Average 1.49% 10.18% 10.18% 2.75% 6.97% 2.26% 1.98% 5.84% 3.89% 3.90% 4.00% 4.56% 3.63% 4.39%
Category Rank 19 / 25 22 / 25 18 / 25 22 / 25 19 / 25 23 / 24 22 / 23 22 / 23 19 / 23 19 / 22 17 / 20 15 / 16 16 / 16 15 / 15
Quartile Ranking 4 4 3 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.68% -2.47% -0.18% -1.01% -0.35% -2.51% 0.35% 3.64% 4.40% -1.31% -0.66% 0.85%
Benchmark 1.47% -1.16% 1.58% 2.43% 0.23% -3.90% -0.20% 5.87% 2.26% 1.06% 4.23% 2.30%

Best Monthly Return Since Inception

7.25% (January 2015)

Worst Monthly Return Since Inception

-11.93% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 12.44% 1.66% -0.19% 5.63% -4.44% 10.19% 9.57% -3.94% -14.06% 6.13%
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average 9.03% 3.21% 4.58% 7.90% -3.38% 12.85% 8.71% 7.05% -10.51% 7.50%
Quartile Ranking 2 4 4 3 4 4 2 4 4 3
Category Rank 7/ 15 16/ 16 16/ 16 15/ 20 21/ 22 22/ 23 10/ 23 20/ 23 23/ 24 14/ 24

Best Calendar Return (Last 10 years)

12.44% (2014)

Worst Calendar Return (Last 10 years)

-14.06% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 89.78
Cash and Equivalents 6.66
Other 3.56

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 89.78
Cash and Cash Equivalent 6.67
Mutual Fund 3.55

Geographic Allocation

Geographic Allocation
Name Percent
North America 96.45
Multi-National 3.55

Top Holdings

Top Holdings
Name Percent
Ontario Province 0.00% 02-Jun-2030 89.78
Canada Government 0.00% 11-Apr-2024 6.29
MF460 GL EQUI EXP FND 3.55
Canadian Dollar 0.37

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

IA Clarington Target Click 2030 Fund Series A

Median

Other - 2030 Target Date

3 Yr Annualized

Standard Deviation 8.36% 7.52% 7.19%
Beta 0.61% 0.51% 0.56%
Alpha -0.06% -0.04% -0.03%
Rsquared 0.60% 0.49% 0.53%
Sharpe -0.59% -0.27% 0.07%
Sortino -0.81% -0.55% -0.22%
Treynor -0.08% -0.04% 0.01%
Tax Efficiency - - 96.59%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.35% 8.36% 7.52% 7.19%
Beta 0.55% 0.61% 0.51% 0.56%
Alpha -0.07% -0.06% -0.04% -0.03%
Rsquared 0.42% 0.60% 0.49% 0.53%
Sharpe -0.45% -0.59% -0.27% 0.07%
Sortino -0.35% -0.81% -0.55% -0.22%
Treynor -0.06% -0.08% -0.04% 0.01%
Tax Efficiency 56.34% - - 96.59%

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 July 04, 2008
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $6

Fund Codes

FundServ Code Load Code Sales Status
CCM8025
CCM8026
CCM8027

Investment Objectives

The Fund’s objective is to provide the opportunity for capital appreciation during the term of the Fund and to pay, on the Maturity Date, an amount per unit equal to the greatest of the following three values: (i) $10.00 (the NAV per unit of each series on the start date of the Fund), (ii) the highest month-end series NAV per unit during the period from the start date of the Fund until the Maturity Date of the Fund, and (iii) the series NAV per unit on the Maturity Date of the Fund.

Investment Strategy

The Fund: holds a portfolio consisting of an active and a passive component: the Active Component invests in units of the Underlying Fund, a mutual fund that may be managed by iA Clarington or an affiliate or associate of iA Clarington, and Cash Equivalents, and the Passive Component invests in fixed income securities issued by the Canadian federal or provincial governments, Canadian corporations and Cash Equivalents.

Portfolio Manager(s)

Name Start Date
Christian Pouliot 02-21-2020

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 500
SWP Min Withdrawal 100

Fees

MER 2.47%
Management Fee 2.10%
Load Choice of Front or Back
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) 0.00%
Trailer Fee Max (LL) -

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