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IA Clarington U.S. Equity Currency Neutral Fund 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 GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-01-2025) 		$8.41
Change
-$0.04 (-0.42%)

As at March 31, 2025

As at February 28, 2025

As at March 31, 2025

Period
Created with Highcharts 10.3.3Jan 2010Jan 2011Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Apr 2022Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2010Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024$10,000$20,000$30,000$40,000$0$8,000$9,000$11,000$12,000$13,000$14,000Period

Legend

IA Clarington U.S. Equity Currency Neutral Fund Series A

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Fund Returns

Inception Return (June 05, 2009): 8.42%

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 -2.84% 0.45% -1.33% 0.45% 3.04% 12.69% 7.50% 9.05% 16.23% 9.61% 7.44% 6.24% 6.43% 5.82%
Benchmark -6.04% -4.36% 4.36% -4.36% 14.85% 22.21% 14.28% 14.44% 18.91% 15.28% 15.02% 14.45% 15.05% 13.91%
Category Average -6.07% -4.74% 0.55% -4.74% 8.12% 16.90% 9.63% 9.68% 15.48% 11.36% 10.89% 10.70% 11.23% 9.90%
Category Rank 132 / 1,318 171 / 1,306 991 / 1,304 171 / 1,306 1,138 / 1,274 1,044 / 1,204 895 / 1,134 729 / 1,082 501 / 1,021 778 / 956 810 / 863 776 / 794 692 / 702 627 / 648
Quartile Ranking 1 1 4 1 4 4 4 3 2 4 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -3.60% 1.30% 0.36% 3.89% 2.31% 0.25% -2.21% 5.83% -5.08% 4.49% -1.05% -2.84%
Benchmark -2.70% 4.13% 3.97% 2.12% 0.07% 2.23% 2.12% 6.59% 0.26% 3.46% -1.62% -6.04%

Best Monthly Return Since Inception

13.99% (November 2020)

Worst Monthly Return Since Inception

-11.04% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 1.49% 3.60% 6.37% -15.89% 11.16% 5.08% 25.50% -0.10% 12.13% 12.42%
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 4 3 4 4 4 4 2 1 4 4
Category Rank 539/ 641 426/ 689 732/ 766 837/ 851 910/ 923 831/ 998 364/ 1,063 99/ 1,114 999/ 1,177 1,214/ 1,263

Best Calendar Return (Last 10 years)

25.50% (2021)

Worst Calendar Return (Last 10 years)

-15.89% (2018)

Asset Allocation

Asset Allocation
Name Percent
US Equity 88.32
International Equity 7.27
Canadian Equity 2.50
Cash and Equivalents 1.92
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Consumer Services 20.88
Consumer Goods 20.53
Healthcare 18.30
Financial Services 12.04
Industrial Goods 7.86
Other 20.39

Geographic Allocation

Geographic Allocation
Name Percent
North America 92.73
Europe 7.27

Top Holdings

Top Holdings
Name Percent
United States Dollar 5.79
Johnson & Johnson 4.46
Darden Restaurants Inc 4.43
Autozone Inc 4.33
Amazon.com Inc 4.17
Nestle SA - ADR Sr B 4.10
PepsiCo Inc 3.86
UnitedHealth Group Inc 3.81
3M Co 3.77
Solventum Corp 3.48

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 Return810121416182022242628-15%-10%-5%0%5%10%15%20%

IA Clarington U.S. Equity Currency Neutral Fund Series A

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 14.68% 15.11% 13.87%
Beta 0.86% 0.87% 0.80%
Alpha -0.04% 0.00% -0.05%
Rsquared 0.69% 0.62% 0.56%
Sharpe 0.30% 0.92% 0.36%
Sortino 0.57% 1.69% 0.40%
Treynor 0.05% 0.16% 0.06%
Tax Efficiency 100.00% 100.00% 100.00%
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 11.83% 14.68% 15.11% 13.87%
Beta 0.67% 0.86% 0.87% 0.80%
Alpha -0.06% -0.04% 0.00% -0.05%
Rsquared 0.46% 0.69% 0.62% 0.56%
Sharpe -0.02% 0.30% 0.92% 0.36%
Sortino 0.08% 0.57% 1.69% 0.40%
Treynor 0.00% 0.05% 0.16% 0.06%
Tax Efficiency 100.00% 100.00% 100.00% 100.00%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A42.6​42.654.1​54.10%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: A32.5​32.559.1​59.10%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: A41.0​41.049.0​49.00%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: A63.1​63.155.7​55.70%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 05, 2009
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $227

Fund Codes

FundServ Code Load Code Sales Status
CCM150
CCM151
CCM905

Investment Objectives

The Fund’s objective is to obtain capital preservation and appreciation by investing primarily in U.S. equities. 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 U.S. companies with a proven track record and superior financial quality with an ability to pay dividends; may invest in securities of any market capitalization and may invest in any sector of the economy; may invest up to 10% in non-U.S. securities.

Portfolio Management

Portfolio Manager

iA Global Asset Management Inc.
Sub-Advisor

QV Investors Inc.

  • Joe Jugovic
  • Mathew Hermary

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 2.49%
Management Fee 2.05%
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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