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Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (03-17-2025) |
$16.38 |
|---|---|
| Change |
$0.07
(0.43%)
|
As at February 28, 2025
As at January 31, 2025
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Inception Return (August 29, 2011): 5.75%
| 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 | 0.49% | 0.06% | 4.80% | 2.09% | 10.44% | 8.22% | 3.89% | 5.93% | 5.93% | 5.22% | 5.19% | 4.63% | 6.30% | 4.41% |
| Benchmark | 0.29% | 0.63% | 7.50% | 2.72% | 16.04% | 11.31% | 6.08% | 6.93% | 7.24% | 7.23% | 7.00% | 6.40% | 7.12% | 5.58% |
| Category Average | 0.27% | 1.03% | 5.97% | 2.65% | 12.56% | 10.01% | 5.15% | 5.65% | 6.18% | 5.93% | 5.35% | 5.06% | 5.66% | 4.37% |
| Category Rank | 140 / 452 | 407 / 452 | 404 / 452 | 386 / 452 | 418 / 446 | 414 / 432 | 385 / 415 | 282 / 392 | 306 / 381 | 327 / 370 | 286 / 360 | 287 / 347 | 182 / 334 | 225 / 301 |
| Quartile Ranking | 2 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 3 | 3 |
| Return % | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.88% | -2.09% | 1.65% | -0.12% | 3.26% | 0.77% | 2.05% | -0.31% | 2.95% | -1.99% | 1.59% | 0.49% |
| Benchmark | 2.49% | -1.88% | 1.52% | 0.56% | 4.19% | 0.91% | 2.55% | -0.02% | 4.18% | -2.03% | 2.42% | 0.29% |
6.42% (November 2020)
-11.17% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -5.86% | 13.91% | 5.44% | -3.40% | 13.09% | -0.52% | 16.44% | -7.93% | 5.55% | 10.64% |
| Benchmark | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% | 13.55% |
| Category Average | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% | 11.70% |
| Quartile Ranking | 4 | 1 | 3 | 2 | 3 | 4 | 1 | 3 | 4 | 4 |
| Category Rank | 291/ 301 | 46/ 334 | 229/ 347 | 138/ 358 | 216/ 368 | 370/ 377 | 76/ 392 | 213/ 412 | 418/ 432 | 396/ 446 |
16.44% (2021)
-7.93% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 39.33 |
| Canadian Corporate Bonds | 17.20 |
| US Equity | 16.18 |
| Foreign Corporate Bonds | 10.37 |
| Foreign Government Bonds | 6.06 |
| Other | 10.86 |
| Name | Percent |
|---|---|
| Fixed Income | 35.62 |
| Financial Services | 16.06 |
| Real Estate | 6.46 |
| Technology | 6.35 |
| Industrial Services | 6.11 |
| Other | 29.40 |
| Name | Percent |
|---|---|
| North America | 98.96 |
| Latin America | 0.99 |
| Other | 0.05 |
| Name | Percent |
|---|---|
| United States Treasury 4.13% 15-Nov-2032 | 6.06 |
| Royal Bank of Canada | 3.04 |
| iShares iBoxx $ Inv Grade Corp Bond ETF (LQD) | 2.95 |
| Loblaw Cos Ltd | 2.75 |
| Waste Connections Inc | 2.61 |
| Stantec Inc | 2.32 |
| Toronto-Dominion Bank | 2.29 |
| Fortis Inc | 2.18 |
| Canadian Pacific Kansas City Ltd | 2.08 |
| Visa Inc Cl A | 2.08 |
IA Clarington Strategic Income Fund Series A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.79% | 9.74% | 8.32% |
|---|---|---|---|
| Beta | 0.86% | 0.88% | 0.92% |
| Alpha | -0.01% | 0.00% | -0.01% |
| Rsquared | 0.93% | 0.90% | 0.84% |
| Sharpe | 0.05% | 0.40% | 0.36% |
| Sortino | 0.19% | 0.45% | 0.27% |
| Treynor | 0.00% | 0.04% | 0.03% |
| Tax Efficiency | 80.15% | 83.90% | 78.60% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.00% | 8.79% | 9.74% | 8.32% |
| Beta | 0.84% | 0.86% | 0.88% | 0.92% |
| Alpha | -0.03% | -0.01% | 0.00% | -0.01% |
| Rsquared | 0.97% | 0.93% | 0.90% | 0.84% |
| Sharpe | 1.01% | 0.05% | 0.40% | 0.36% |
| Sortino | 2.16% | 0.19% | 0.45% | 0.27% |
| Treynor | 0.07% | 0.00% | 0.04% | 0.03% |
| Tax Efficiency | 91.23% | 80.15% | 83.90% | 78.60% |
| 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) | $2,628 |
| 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.
| Portfolio Manager |
iA Global Asset Management Inc. |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
IA Clarington Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
IA Clarington Investments Inc. |
| Distributor |
- |
| 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) | - |
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