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Global Fixed Income
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|
NAVPS (04-30-2024) |
$8.55 |
|---|---|
| Change |
-$0.03
(-0.30%)
|
As at March 31, 2024
As at February 29, 2024
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Inception Return (July 16, 2020): -1.99%
| 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 | 1.03% | 0.14% | 6.96% | 0.14% | 2.82% | -1.51% | -2.63% | - | - | - | - | - | - | - |
| Benchmark | 0.40% | 0.42% | 5.94% | 0.42% | 0.29% | -0.21% | -2.75% | -4.26% | -1.27% | -0.48% | 0.02% | 0.16% | 0.88% | 1.90% |
| Category Average | 0.75% | 5.89% | 5.89% | -0.15% | 2.55% | -0.69% | -1.73% | -0.14% | 0.16% | 0.37% | 0.58% | 0.83% | 0.83% | 1.23% |
| Category Rank | 85 / 542 | 200 / 539 | 87 / 514 | 200 / 539 | 225 / 490 | 323 / 417 | 240 / 337 | - | - | - | - | - | - | - |
| Quartile Ranking | 1 | 2 | 1 | 2 | 2 | 4 | 3 | - | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.40% | -1.60% | 0.25% | 0.41% | -0.75% | -2.61% | -2.29% | 4.84% | 4.27% | 0.06% | -0.94% | 1.03% |
| Benchmark | 0.77% | -1.74% | -2.61% | -0.13% | 1.51% | -3.16% | 1.33% | 2.61% | 1.46% | 0.01% | 0.00% | 0.40% |
4.84% (November 2023)
-4.24% (September 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | -1.27% | -13.50% | 5.52% |
| Benchmark | 10.42% | 16.63% | -1.36% | -0.08% | 7.82% | 1.45% | 7.03% | -6.05% | -10.83% | 2.72% |
| Category Average | 4.74% | 2.92% | 2.08% | 2.75% | -0.04% | 5.49% | 5.94% | -1.81% | -10.70% | 5.33% |
| Quartile Ranking | - | - | - | - | - | - | - | 2 | 4 | 2 |
| Category Rank | - | - | - | - | - | - | - | 125/ 328 | 336/ 395 | 221/ 475 |
5.52% (2023)
-13.50% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 59.68 |
| Foreign Bonds - Other | 14.95 |
| Cash and Equivalents | 11.26 |
| Foreign Government Bonds | 8.51 |
| Mortgages | 5.03 |
| Other | 0.57 |
| Name | Percent |
|---|---|
| Fixed Income | 88.30 |
| Cash and Cash Equivalent | 11.26 |
| Financial Services | 0.44 |
| Name | Percent |
|---|---|
| North America | 94.15 |
| Latin America | 2.13 |
| Europe | 1.65 |
| Asia | 1.47 |
| Africa and Middle East | 0.55 |
| Other | 0.05 |
| Name | Percent |
|---|---|
| United States Treasury 0.00% 27-Jun-2024 | 3.04 |
| United States Treasury 0.00% 18-Apr-2024 | 2.76 |
| United States Treasury 4.13% 15-Aug-2053 | 1.24 |
| United States Dollar | 1.19 |
| Rocket Mortgage LLC 3.88% 01-Mar-2031 | 1.01 |
| United States Treasury 0.00% 02-May-2024 | 1.00 |
| United States Treasury 0.00% 09-May-2024 | 0.99 |
| Continental Resources Inc 5.75% 15-Jul-2030 | 0.98 |
| Micron Technology Inc 5.88% 15-Jun-2033 | 0.89 |
| Biomarin Pharmaceutical Inc 1.25% 15-May-2027 | 0.88 |
IA Clarington Loomis Global Multisector Bond Fund Series A
Median
Other - Global Fixed Income
| Standard Deviation | 7.44% | - | - |
|---|---|---|---|
| Beta | 0.67% | - | - |
| Alpha | -0.01% | - | - |
| Rsquared | 0.39% | - | - |
| Sharpe | -0.67% | - | - |
| Sortino | -0.93% | - | - |
| Treynor | -0.08% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.98% | 7.44% | - | - |
| Beta | 0.76% | 0.67% | - | - |
| Alpha | 0.03% | -0.01% | - | - |
| Rsquared | 0.33% | 0.39% | - | - |
| Sharpe | -0.21% | -0.67% | - | - |
| Sortino | 0.02% | -0.93% | - | - |
| Treynor | -0.02% | -0.08% | - | - |
| Tax Efficiency | 62.29% | - | - | - |
| Start Date | July 16, 2020 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $333 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CCM3329 | ||
| CCM3330 | ||
| CCM3331 |
The Fund’s objective is to provide income with the potential for long-term capital growth by primarily investing, either directly or indirectly, in fixed income securities of corporations, governments and other issuers, such as supranational issuers, located anywhere in the world. The fundamental investment objective may only be changed with the approval of a majority of Securityholders at a meeting called for that purpose.
The sub-advisor: uses a flexible approach to identify securities in the global marketplace with characteristics including discounted price compared to economic value, undervalued credit ratings with strong or improving credit profiles and yield premium relative to its benchmark, although not all securities selected will have these attributes.
| Name | Start Date |
|---|---|
| Loomis Sayles & Company, L.P. | 06-11-2020 |
| Brian Kennedy | 12-07-2020 |
| Matthew Eagan | 12-07-2020 |
| Elaine Stokes | 12-07-2020 |
| 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 | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.48% |
|---|---|
| Management Fee | 1.20% |
| Load | Choice of Front or No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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