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Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade.
NAVPS (11-07-2024) |
$16.53 |
---|---|
Change |
$0.01
(0.08%)
|
As at September 30, 2024
As at August 31, 2024
Inception Return (August 29, 2011): 5.72%
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 | 2.05% | 6.19% | 5.56% | 9.99% | 17.24% | 9.30% | 3.89% | 7.18% | 4.91% | 4.81% | 4.68% | 4.89% | 5.56% | 4.19% |
Benchmark | 2.55% | 7.82% | 8.01% | 11.27% | 20.38% | 12.17% | 5.26% | 7.09% | 6.40% | 6.76% | 6.37% | 6.00% | 6.52% | 5.60% |
Category Average | 1.95% | 5.92% | 6.31% | 10.31% | 18.44% | 11.37% | 4.07% | 6.08% | 5.36% | 5.26% | 5.01% | 4.80% | 5.07% | 4.57% |
Category Rank | 251 / 452 | 216 / 452 | 371 / 452 | 363 / 446 | 395 / 444 | 416 / 426 | 319 / 405 | 188 / 391 | 312 / 376 | 319 / 368 | 294 / 355 | 236 / 342 | 194 / 326 | 255 / 294 |
Quartile Ranking | 3 | 2 | 4 | 4 | 4 | 4 | 4 | 2 | 4 | 4 | 4 | 3 | 3 | 4 |
Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -2.73% | 5.20% | 4.16% | 0.58% | 1.68% | 1.88% | -2.09% | 1.65% | -0.12% | 3.26% | 0.77% | 2.05% |
Benchmark | -1.57% | 6.01% | 3.69% | -0.31% | 0.82% | 2.49% | -1.88% | 1.52% | 0.56% | 4.19% | 0.91% | 2.55% |
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/ 288 | 291/ 301 | 46/ 334 | 229/ 347 | 137/ 358 | 216/ 368 | 370/ 377 | 76/ 392 | 213/ 412 | 418/ 432 |
16.44% (2021)
-7.93% (2022)
Name | Percent |
---|---|
Canadian Equity | 40.54 |
Canadian Corporate Bonds | 16.10 |
US Equity | 11.72 |
Cash and Equivalents | 10.34 |
Foreign Corporate Bonds | 10.01 |
Other | 11.29 |
Name | Percent |
---|---|
Fixed Income | 33.41 |
Financial Services | 14.00 |
Cash and Cash Equivalent | 10.33 |
Industrial Services | 6.56 |
Utilities | 5.62 |
Other | 30.08 |
Name | Percent |
---|---|
North America | 99.06 |
Latin America | 0.94 |
Name | Percent |
---|---|
United States Treasury 4.13% 15-Nov-2032 | 4.96 |
Royal Bank of Canada | 3.13 |
Toronto-Dominion Bank | 2.95 |
Loblaw Cos Ltd | 2.72 |
Waste Connections Inc | 2.45 |
Stantec Inc | 2.30 |
iShares iBoxx $ Inv Grade Corp Bond ETF (LQD) | 2.22 |
Fortis Inc | 2.16 |
Canadian Pacific Kansas City Ltd | 1.96 |
CGI Inc Cl A | 1.75 |
IA Clarington Strategic Income Fund Series A
Median
Other - Canadian Neutral Balanced
Standard Deviation | 8.96% | 9.98% | 8.30% |
---|---|---|---|
Beta | 0.89% | 0.90% | 0.92% |
Alpha | -0.01% | -0.01% | -0.01% |
Rsquared | 0.92% | 0.89% | 0.83% |
Sharpe | 0.10% | 0.31% | 0.35% |
Sortino | 0.19% | 0.30% | 0.24% |
Treynor | 0.01% | 0.03% | 0.03% |
Tax Efficiency | 81.36% | 80.07% | 76.78% |
Volatility |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 8.01% | 8.96% | 9.98% | 8.30% |
Beta | 0.95% | 0.89% | 0.90% | 0.92% |
Alpha | -0.02% | -0.01% | -0.01% | -0.01% |
Rsquared | 0.92% | 0.92% | 0.89% | 0.83% |
Sharpe | 1.45% | 0.10% | 0.31% | 0.35% |
Sortino | 3.50% | 0.19% | 0.30% | 0.24% |
Treynor | 0.12% | 0.01% | 0.03% | 0.03% |
Tax Efficiency | 93.50% | 81.36% | 80.07% | 76.78% |
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) | $2,611 |
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 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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