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IA Clarington Tactical Income Class Series T6

Canadian Neutral Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(02-05-2025)
$7.18
Change
$0.03 (0.36%)

As at December 31, 2024

As at November 30, 2024

Period
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Legend

IA Clarington Tactical Income Class Series T6

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Fund Returns

Inception Return (November 02, 2009): 4.18%

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 -1.95% 0.59% 6.71% 10.49% 10.49% 7.97% 2.43% 5.67% 4.40% 5.62% 4.34% 4.48% 5.05% 3.82%
Benchmark -2.03% 2.05% 10.03% 13.55% 13.55% 11.47% 4.48% 6.29% 6.55% 8.01% 6.16% 6.17% 6.80% 5.77%
Category Average -1.58% 1.25% 7.24% 11.70% 11.70% 9.97% 3.11% 4.99% 5.26% 6.44% 4.77% 4.89% 5.08% 4.57%
Category Rank 391 / 452 368 / 452 392 / 452 412 / 446 412 / 446 424 / 432 373 / 412 232 / 392 340 / 377 341 / 368 304 / 358 298 / 347 263 / 334 275 / 301
Quartile Ranking 4 4 4 4 4 4 4 3 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund 0.58% 1.66% 1.85% -2.05% 1.63% -0.11% 3.21% 0.75% 2.02% -0.30% 2.90% -1.95%
Benchmark -0.31% 0.82% 2.49% -1.88% 1.52% 0.56% 4.19% 0.91% 2.55% -0.02% 4.18% -2.03%

Best Monthly Return Since Inception

6.23% (November 2020)

Worst Monthly Return Since Inception

-10.91% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -6.63% 9.66% 5.52% -3.04% 11.93% -0.55% 16.04% -7.82% 5.50% 10.49%
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 2 3 2 4 4 1 2 4 4
Category Rank 300/ 301 135/ 334 224/ 347 108/ 358 302/ 368 373/ 377 85/ 392 194/ 412 421/ 432 412/ 446

Best Calendar Return (Last 10 years)

16.04% (2021)

Worst Calendar Return (Last 10 years)

-7.82% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 39.41
Canadian Corporate Bonds 15.15
US Equity 12.90
Cash and Equivalents 10.36
Foreign Corporate Bonds 9.83
Other 12.35

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 33.51
Financial Services 14.67
Cash and Cash Equivalent 10.36
Industrial Services 6.18
Utilities 5.59
Other 29.69

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.99
Latin America 1.01

Top Holdings

Top Holdings
Name Percent
IA Clarington Strategic Income Fund Series A 97.96
Canadian Dollar 2.04

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: S. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

IA Clarington Tactical Income Class Series T6

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 8.68% 9.86% 7.86%
Beta 0.85% 0.88% 0.87%
Alpha -0.01% -0.01% -0.01%
Rsquared 0.94% 0.89% 0.86%
Sharpe -0.10% 0.25% 0.31%
Sortino -0.04% 0.24% 0.18%
Treynor -0.01% 0.03% 0.03%
Tax Efficiency 33.81% 76.21% 74.22%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.91% 8.68% 9.86% 7.86%
Beta 0.80% 0.85% 0.88% 0.87%
Alpha 0.00% -0.01% -0.01% -0.01%
Rsquared 0.91% 0.94% 0.89% 0.86%
Sharpe 0.98% -0.10% 0.25% 0.31%
Sortino 2.21% -0.04% 0.24% 0.18%
Treynor 0.07% -0.01% 0.03% 0.03%
Tax Efficiency 91.35% 33.81% 76.21% 74.22%

Fund Details

Start Date November 02, 2009
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Capped
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $17

Fund Codes

FundServ Code Load Code Sales Status
CCM3029
CCM3030
CCM3031

Investment Objectives

The Fund’s objective is to provide a return that is similar to the return of a Canadian tactical balanced mutual fund. The Fund invests primarily, directly or indirectly, in securities held by a Canadian tactical balanced mutual fund managed by iA Clarington, or an affiliate or associate of iA Clarington, and may invest all or a portion of its portfolio in Securities of the Reference Fund.

Investment Strategy

The Fund invests substantially all of its assets in units of IA Clarington Strategic Income Fund, which we refer to as the “Reference Fund”. The investment strategies of the Reference Fund: 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.

Portfolio Manager(s)

Name Start Date
iA Global Asset Management Inc. 06-14-2024

Management and Organization

Fund Manager IA Clarington Investments Inc.
Advisor iA Global Asset Management Inc.
Custodian CIBC Mellon Trust Company
Registrar IA Clarington Investments Inc.
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.35%
Management Fee 2.00%
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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