Try Fund Library Premium
For Free with a 30 day trial!
Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (06-13-2025) |
$16.91 |
|---|---|
| Change |
-$0.11
(-0.65%)
|
As at May 31, 2025
As at April 30, 2025
Inception Return (August 29, 2011): 5.79%
| 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 | 3.53% | 1.95% | 2.01% | 4.08% | 11.03% | 9.89% | 4.91% | 4.64% | 7.85% | 5.35% | 5.28% | 4.61% | 5.41% | 4.61% |
| Benchmark | 3.10% | 1.70% | 2.34% | 4.46% | 15.59% | 12.63% | 7.93% | 6.01% | 8.07% | 7.09% | 6.79% | 6.42% | 6.60% | 5.87% |
| Category Average | 2.79% | 0.15% | 1.18% | 2.80% | 10.61% | 10.30% | 6.51% | 4.52% | 6.62% | 5.65% | 5.20% | 4.81% | 5.10% | 4.47% |
| Category Rank | 73 / 444 | 61 / 439 | 136 / 439 | 79 / 439 | 269 / 439 | 341 / 421 | 400 / 408 | 299 / 389 | 179 / 369 | 292 / 359 | 262 / 353 | 272 / 341 | 211 / 325 | 213 / 290 |
| Quartile Ranking | 1 | 1 | 2 | 1 | 3 | 4 | 4 | 4 | 2 | 4 | 3 | 4 | 3 | 3 |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.12% | 3.26% | 0.77% | 2.05% | -0.31% | 2.95% | -1.99% | 1.59% | 0.49% | -1.43% | -0.10% | 3.53% |
| Benchmark | 0.56% | 4.19% | 0.91% | 2.55% | -0.02% | 4.18% | -2.03% | 2.42% | 0.29% | -0.96% | -0.40% | 3.10% |
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 | 280/ 290 | 46/ 323 | 219/ 335 | 135/ 346 | 207/ 356 | 358/ 365 | 75/ 380 | 209/ 399 | 405/ 419 | 386/ 433 |
16.44% (2021)
-7.93% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 37.72 |
| Canadian Corporate Bonds | 17.73 |
| US Equity | 17.21 |
| Foreign Corporate Bonds | 10.68 |
| Foreign Government Bonds | 6.98 |
| Other | 9.68 |
| Name | Percent |
|---|---|
| Fixed Income | 36.08 |
| Financial Services | 16.77 |
| Real Estate | 6.29 |
| Industrial Services | 6.22 |
| Utilities | 5.60 |
| Other | 29.04 |
| Name | Percent |
|---|---|
| North America | 99.07 |
| Latin America | 0.88 |
| Other | 0.05 |
| Name | Percent |
|---|---|
| United States Treasury 4.13% 15-Nov-2032 | 5.82 |
| Royal Bank of Canada | 2.93 |
| iShares iBoxx $ Inv Grade Corp Bond ETF (LQD) | 2.91 |
| Loblaw Cos Ltd | 2.91 |
| Waste Connections Inc | 2.75 |
| Fortis Inc | 2.48 |
| Toronto-Dominion Bank | 2.32 |
| Canadian Pacific Kansas City Ltd | 2.21 |
| Stantec Inc | 2.07 |
| JPMorgan Chase & Co | 2.03 |
IA Clarington Strategic Income Fund Series A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.79% | 8.20% | 8.39% |
|---|---|---|---|
| Beta | 0.88% | 0.89% | 0.93% |
| Alpha | -0.02% | 0.01% | -0.01% |
| Rsquared | 0.94% | 0.90% | 0.85% |
| Sharpe | 0.14% | 0.66% | 0.38% |
| Sortino | 0.36% | 0.95% | 0.30% |
| Treynor | 0.01% | 0.06% | 0.03% |
| Tax Efficiency | 83.34% | 87.77% | 79.17% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.27% | 8.79% | 8.20% | 8.39% |
| Beta | 0.86% | 0.88% | 0.89% | 0.93% |
| Alpha | -0.02% | -0.02% | 0.01% | -0.01% |
| Rsquared | 0.94% | 0.94% | 0.90% | 0.85% |
| Sharpe | 1.14% | 0.14% | 0.66% | 0.38% |
| Sortino | 2.65% | 0.36% | 0.95% | 0.30% |
| Treynor | 0.08% | 0.01% | 0.06% | 0.03% |
| Tax Efficiency | 92.10% | 83.34% | 87.77% | 79.17% |
| 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) | $2,637 |
| 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) | - |
Try Fund Library Premium
For Free with a 30 day trial!
Fund Library
