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IA Clarington Loomis Global Multisector Bond Fund Series A

Global Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(10-30-2024)
$8.99
Change
$0.00 (-0.02%)

As at September 30, 2024

As at August 31, 2024

Period
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IA Clarington Loomis Global Multisector Bond Fund Series A

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Fund Returns

Inception Return (July 16, 2020): -0.50%

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 1.76% 5.49% 5.46% 5.60% 12.80% 6.77% -1.42% -0.33% - - - - - -
Benchmark 1.89% 5.62% 5.53% 5.97% 11.80% 5.82% -1.56% -2.79% -0.85% 0.97% 1.11% 0.18% 0.86% 2.37%
Category Average 1.32% 4.31% 4.33% 4.18% 10.48% 5.81% -0.74% -0.53% 0.42% 1.43% 1.13% 0.93% 1.42% 1.55%
Category Rank 80 / 563 57 / 544 64 / 542 94 / 531 52 / 506 104 / 454 255 / 373 109 / 315 - - - - - -
Quartile Ranking 1 1 1 1 1 1 3 2 - - - - - -

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -2.29% 4.84% 4.27% 0.06% -0.94% 1.03% -2.47% 1.61% 0.89% 2.19% 1.44% 1.76%
Benchmark 1.33% 2.61% 1.46% 0.01% 0.00% 0.40% -1.24% 0.00% 1.16% 3.88% -0.22% 1.89%

Best Monthly Return Since Inception

4.84% (November 2023)

Worst Monthly Return Since Inception

-4.24% (September 2022)

Calendar Return (%)

Calendar Return
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 - - - - - - - 122/ 322 331/ 388 219/ 468

Best Calendar Return (Last 10 years)

5.52% (2023)

Worst Calendar Return (Last 10 years)

-13.50% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 58.83
Foreign Bonds - Other 13.98
Cash and Equivalents 13.81
Foreign Government Bonds 8.20
Mortgages 4.67
Other 0.51

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 85.81
Cash and Cash Equivalent 13.82
Industrial Goods 0.32
Financial Services 0.05

Geographic Allocation

Geographic Allocation
Name Percent
North America 93.03
Europe 2.81
Latin America 1.78
Asia 1.49
Africa and Middle East 0.72
Other 0.17

Top Holdings

Top Holdings
Name Percent
United States Dollar 3.35
United States Treasury 14-Nov-2024 3.25
Canadian Dollar 2.68
United States Treasury Bill (USD) 2.36
United States Treasury 4.38% 31-Jul-2026 1.53
Rocket Mortgage LLC 3.88% 01-Mar-2031 1.03
United States Treasury 31-Oct-2024 0.99
Continental Resources Inc 5.75% 15-Jul-2030 0.98
Uber Technologies Inc 4.50% 08-Sep-2024 0.95
Micron Technology Inc 5.88% 15-Jun-2033 0.88

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

IA Clarington Loomis Global Multisector Bond Fund Series A

Median

Other - Global Fixed Income

3 Yr Annualized

Standard Deviation 7.85% - -
Beta 0.71% - -
Alpha 0.00% - -
Rsquared 0.43% - -
Sharpe -0.57% - -
Sortino -0.69% - -
Treynor -0.06% - -
Tax Efficiency - - -
Volatility Volatility rating is 3 on a scale of 1 to 10 - -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.78% 7.85% - -
Beta 0.92% 0.71% - -
Alpha 0.02% 0.00% - -
Rsquared 0.34% 0.43% - -
Sharpe 0.99% -0.57% - -
Sortino 2.40% -0.69% - -
Treynor 0.08% -0.06% - -
Tax Efficiency 88.15% - - -

Fund Details

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) $346

Fund Codes

FundServ Code Load Code Sales Status
CCM3329
CCM3330
CCM3331

Investment Objectives

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.

Investment Strategy

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.

Portfolio Manager(s)

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

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 No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.49%
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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