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Canadian Neutral Balanced
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|
NAVPS (04-18-2024) |
$15.23 |
|---|---|
| Change |
$0.00
(0.01%)
|
As at March 31, 2024
As at February 29, 2024
As at February 29, 2024
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Inception Return (August 29, 2011): 5.50%
| 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 | 1.88% | 4.20% | 11.06% | 4.20% | 7.54% | 0.71% | 3.78% | 8.49% | 4.35% | 4.69% | 3.98% | 5.33% | 4.05% | 4.08% |
| Benchmark | 2.49% | 3.02% | 11.45% | 3.02% | 8.50% | 2.25% | 4.35% | 8.81% | 5.72% | 5.93% | 5.33% | 5.97% | 4.90% | 5.27% |
| Category Average | 1.86% | 11.41% | 11.41% | 3.77% | 8.76% | 2.37% | 3.43% | 7.70% | 4.72% | 4.57% | 4.21% | 4.68% | 3.79% | 4.24% |
| Category Rank | 275 / 447 | 237 / 447 | 329 / 445 | 237 / 447 | 372 / 436 | 404 / 417 | 264 / 394 | 193 / 383 | 314 / 372 | 259 / 362 | 264 / 349 | 168 / 337 | 201 / 304 | 236 / 292 |
| Quartile Ranking | 3 | 3 | 3 | 3 | 4 | 4 | 3 | 3 | 4 | 3 | 4 | 2 | 3 | 4 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.16% | -2.72% | 1.80% | 0.76% | -1.17% | -2.94% | -2.73% | 5.20% | 4.16% | 0.58% | 1.68% | 1.88% |
| Benchmark | 2.00% | -3.45% | 1.83% | 0.93% | -0.84% | -3.01% | -1.57% | 6.01% | 3.69% | -0.31% | 0.82% | 2.49% |
6.42% (November 2020)
-11.17% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.60% | -5.86% | 13.91% | 5.44% | -3.40% | 13.09% | -0.52% | 16.44% | -7.93% | 5.55% |
| Benchmark | 9.98% | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% |
| Category Average | 7.98% | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% |
| Quartile Ranking | 3 | 4 | 1 | 3 | 2 | 3 | 4 | 1 | 3 | 4 |
| Category Rank | 200/ 291 | 294/ 304 | 46/ 336 | 231/ 349 | 134/ 360 | 215/ 370 | 372/ 379 | 76/ 394 | 214/ 414 | 420/ 434 |
16.44% (2021)
-7.93% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 42.58 |
| Canadian Corporate Bonds | 16.08 |
| US Equity | 12.31 |
| Foreign Corporate Bonds | 10.65 |
| Cash and Equivalents | 6.20 |
| Other | 12.18 |
| Name | Percent |
|---|---|
| Fixed Income | 34.52 |
| Financial Services | 15.06 |
| Industrial Services | 8.83 |
| Real Estate | 6.28 |
| Cash and Cash Equivalent | 6.20 |
| Other | 29.11 |
| Name | Percent |
|---|---|
| North America | 98.68 |
| Latin America | 1.25 |
| Other | 0.07 |
| Name | Percent |
|---|---|
| United States Treasury 4.13% 15-Nov-2032 | 4.65 |
| Royal Bank of Canada | 3.23 |
| Toronto-Dominion Bank | 2.85 |
| Loblaw Cos Ltd | 2.48 |
| Stantec Inc | 2.46 |
| Waste Connections Inc | 2.39 |
| Canada Government 2.50% 01-Dec-2032 | 2.11 |
| Canadian Pacific Kansas City Ltd | 2.04 |
| Fortis Inc | 1.93 |
| JPMorgan Chase & Co | 1.92 |
IA Clarington Strategic Income Fund Series A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.78% | 9.89% | 8.23% |
|---|---|---|---|
| Beta | 0.89% | 0.90% | 0.91% |
| Alpha | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.92% | 0.87% | 0.82% |
| Sharpe | 0.17% | 0.29% | 0.36% |
| Sortino | 0.18% | 0.23% | 0.22% |
| Treynor | 0.02% | 0.03% | 0.03% |
| Tax Efficiency | 77.62% | 77.90% | 76.84% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.11% | 8.78% | 9.89% | 8.23% |
| Beta | 0.93% | 0.89% | 0.90% | 0.91% |
| Alpha | 0.00% | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.93% | 0.92% | 0.87% | 0.82% |
| Sharpe | 0.32% | 0.17% | 0.29% | 0.36% |
| Sortino | 0.85% | 0.18% | 0.23% | 0.22% |
| Treynor | 0.03% | 0.02% | 0.03% | 0.03% |
| Tax Efficiency | 86.96% | 77.62% | 77.90% | 76.84% |
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.
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.
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.
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.
| 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) | $2,573 |
| 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.
| Name | Start Date |
|---|---|
| Dan Bastasic | 06-15-2022 |
| 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 | 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 Back |
| 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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