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IA Clarington Strategic Equity Income Class Series A

Canadian Div & Inc Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

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Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

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NAVPS
(06-12-2024)
$15.62
Change
$0.05 (0.33%)

As at May 31, 2024

As at April 30, 2024

As at February 29, 2024

Period
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Legend

IA Clarington Strategic Equity Income Class Series A

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Fund Returns

Inception Return (November 04, 2013): 5.76%

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 2.00% 1.19% 10.34% 4.34% 12.08% 2.76% 4.71% 10.16% 6.33% 6.07% 5.10% 5.86% 5.12% 5.08%
Benchmark 2.77% 5.07% 11.79% 7.58% 17.55% 7.08% 7.35% 13.44% 10.14% 8.92% 8.75% 9.19% 7.72% 7.53%
Category Average 2.63% 9.63% 9.63% 5.45% 12.60% 3.39% 6.14% 11.85% 7.77% 7.14% 6.59% 7.11% 6.26% 5.94%
Category Rank 398 / 460 436 / 456 183 / 451 378 / 451 330 / 446 353 / 435 357 / 409 354 / 394 333 / 387 312 / 364 306 / 344 277 / 324 223 / 268 207 / 254
Quartile Ranking 4 4 2 4 3 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 3.55% 1.57% -1.46% -4.25% -4.61% 7.31% 5.74% 0.83% 2.27% 2.75% -3.44% 2.00%
Benchmark 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77%

Best Monthly Return Since Inception

8.46% (November 2020)

Worst Monthly Return Since Inception

-12.00% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 10.59% -3.06% 10.16% 6.48% -4.95% 15.24% -2.07% 26.58% -8.50% 7.94%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 8.23% -6.21% 17.48% 7.25% -7.75% 18.42% -1.18% 26.41% -3.72% 7.17%
Quartile Ranking 2 2 4 3 2 4 3 3 4 2
Category Rank 102/ 242 117/ 265 274/ 301 222/ 332 97/ 357 336/ 379 258/ 394 226/ 406 400/ 429 198/ 440

Best Calendar Return (Last 10 years)

26.58% (2021)

Worst Calendar Return (Last 10 years)

-8.50% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 68.72
US Equity 15.56
Income Trust Units 9.07
Cash and Equivalents 6.64
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 24.76
Real Estate 13.04
Industrial Services 13.02
Technology 8.65
Energy 7.80
Other 32.73

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.79
Latin America 2.21

Top Holdings

Top Holdings
Name Percent
IA Clarington Strategic Equity Income Fund A 99.27
Canadian Dollar 0.73

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

IA Clarington Strategic Equity Income Class Series A

Median

Other - Canadian Div & Inc Equity

3 Yr Annualized

Standard Deviation 12.35% 12.88% 10.33%
Beta 0.88% 0.77% 0.74%
Alpha -0.02% -0.01% -0.01%
Rsquared 0.90% 0.87% 0.84%
Sharpe 0.20% 0.38% 0.39%
Sortino 0.28% 0.43% 0.34%
Treynor 0.03% 0.06% 0.05%
Tax Efficiency 77.20% 85.05% -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.19% 12.35% 12.88% 10.33%
Beta 1.12% 0.88% 0.77% 0.74%
Alpha -0.07% -0.02% -0.01% -0.01%
Rsquared 0.94% 0.90% 0.87% 0.84%
Sharpe 0.56% 0.20% 0.38% 0.39%
Sortino 1.19% 0.28% 0.43% 0.34%
Treynor 0.07% 0.03% 0.06% 0.05%
Tax Efficiency 93.32% 77.20% 85.05% -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date November 04, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $155

Fund Codes

FundServ Code Load Code Sales Status
CCM3100
CCM3101
CCM3102

Investment Objectives

The Fund's objective is to generate regular dividend and interest income and moderate long term capital growth by investing primarily in high quality dividend paying common and preferred securities of Canadian and U.S. issuers, income trust units and/or fixed income securities of Canadian and U.S issuers. The Fund invests primarily in securities of a Canadian equity mutual fund managed by IA Clarington, or an affiliate or associate of IA Clarington.

Investment Strategy

The Fund invests substantially all of its assets in units of IA Clarington Strategic Equity Income Fund which is the Reference Fund. The Fund may hold cash or cash equivalents while the investment in units of the Reference Fund is pending or in order to facilitate redemptions. 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.

Portfolio Manager(s)

Name Start Date
Dan Bastasic 08-08-2011
Industrial Alliance Investment Management Inc. 08-08-2011

Management and Organization

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

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 2.27%
Management Fee 1.85%
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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