Join Fund Library now and get free access to personalized features to help you manage your investments.
Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (11-20-2024) |
$16.47 |
|---|---|
| Change |
-$0.05
(-0.27%)
|
As at October 31, 2024
As at September 30, 2024
Loading...
Inception Return (August 29, 2011): 5.66%
| 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 | -0.31% | 2.51% | 7.47% | 9.65% | 20.15% | 7.88% | 2.88% | 7.50% | 4.79% | 5.30% | 4.41% | 4.79% | 5.14% | 4.17% |
| Benchmark | -0.02% | 3.47% | 10.06% | 11.25% | 22.29% | 10.73% | 4.39% | 7.65% | 6.51% | 7.44% | 6.03% | 6.02% | 6.41% | 5.69% |
| Category Average | -0.34% | 2.08% | 8.14% | 9.93% | 19.40% | 9.80% | 3.28% | 6.52% | 5.31% | 5.85% | 4.61% | 4.80% | 4.82% | 4.52% |
| Category Rank | 288 / 452 | 202 / 452 | 383 / 452 | 377 / 446 | 232 / 446 | 411 / 426 | 359 / 406 | 204 / 392 | 326 / 376 | 324 / 368 | 277 / 355 | 252 / 345 | 224 / 329 | 256 / 298 |
| Quartile Ranking | 3 | 2 | 4 | 4 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 3 | 3 | 4 |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.20% | 4.16% | 0.58% | 1.68% | 1.88% | -2.09% | 1.65% | -0.12% | 3.26% | 0.77% | 2.05% | -0.31% |
| Benchmark | 6.01% | 3.69% | -0.31% | 0.82% | 2.49% | -1.88% | 1.52% | 0.56% | 4.19% | 0.91% | 2.55% | -0.02% |
6.42% (November 2020)
-11.17% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.60% | -5.86% | 13.91% | 5.44% | -3.40% | 13.09% | -0.52% | 16.44% | -7.93% | 5.55% |
| Benchmark | 9.98% | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% |
| Category Average | 7.98% | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% |
| Quartile Ranking | 3 | 4 | 1 | 3 | 2 | 3 | 4 | 1 | 3 | 4 |
| Category Rank | 200/ 288 | 291/ 301 | 46/ 334 | 229/ 347 | 137/ 358 | 216/ 368 | 370/ 377 | 76/ 392 | 213/ 412 | 418/ 432 |
16.44% (2021)
-7.93% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 40.42 |
| Canadian Corporate Bonds | 16.64 |
| US Equity | 12.83 |
| Foreign Corporate Bonds | 10.05 |
| Cash and Equivalents | 7.48 |
| Other | 12.58 |
| Name | Percent |
|---|---|
| Fixed Income | 35.06 |
| Financial Services | 14.36 |
| Cash and Cash Equivalent | 7.48 |
| Industrial Services | 6.46 |
| Consumer Services | 5.76 |
| Other | 30.88 |
| Name | Percent |
|---|---|
| North America | 98.99 |
| Latin America | 1.00 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| United States Treasury 4.13% 15-Nov-2032 | 6.03 |
| Royal Bank of Canada | 3.19 |
| Toronto-Dominion Bank | 3.07 |
| Loblaw Cos Ltd | 2.75 |
| Waste Connections Inc | 2.32 |
| Stantec Inc | 2.24 |
| iShares iBoxx $ Inv Grade Corp Bond ETF (LQD) | 2.22 |
| Fortis Inc | 2.18 |
| Canadian Pacific Kansas City Ltd | 2.00 |
| CGI Inc Cl A | 1.77 |
IA Clarington Strategic Income Fund Series A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.87% | 9.98% | 8.30% |
|---|---|---|---|
| Beta | 0.88% | 0.90% | 0.92% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.92% | 0.89% | 0.83% |
| Sharpe | -0.03% | 0.29% | 0.34% |
| Sortino | 0.04% | 0.29% | 0.23% |
| Treynor | 0.00% | 0.03% | 0.03% |
| Tax Efficiency | 73.84% | 79.15% | 76.35% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.97% | 8.87% | 9.98% | 8.30% |
| Beta | 0.88% | 0.88% | 0.90% | 0.92% |
| Alpha | 0.01% | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.92% | 0.92% | 0.89% | 0.83% |
| Sharpe | 2.02% | -0.03% | 0.29% | 0.34% |
| Sortino | 6.46% | 0.04% | 0.29% | 0.23% |
| Treynor | 0.16% | 0.00% | 0.03% | 0.03% |
| Tax Efficiency | 94.02% | 73.84% | 79.15% | 76.35% |
| Start Date | August 29, 2011 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $2,594 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CCM3420 | ||
| CCM3421 | ||
| CCM3422 |
The Fund’s objective is to provide a consistent stream of income and capital appreciation by investing primarily in Canadian equity and fixed income investments. The fundamental investment objective may only be changed with the approval of a majority of Securityholders at a meeting called for that purpose.
The portfolio manager: employs a bottom-up security selection process combined with a top-down overlay to determine the risk-reward opportunity for each investment and the Fund’s overall positioning. In determining the valuation of a company, the portfolio manager pays particular attention to the ability of the company to deliver sustainable cash flows, consistent earnings and identifying factors that could impact a company’s prospects.
| Name | Start Date |
|---|---|
| Dan Bastasic | 06-15-2022 |
| 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 |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 500 |
| SWP Min Withdrawal | 100 |
| MER | 2.35% |
|---|---|
| Management Fee | 1.90% |
| 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) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.
Fund Library
