(As of 11/30/2024)

IA Clarington Strategic Corporate Bond Fund A

(High Yield Fixed Income)
FundGrade A+® Rating recipient
For more information about FundGrade click here






Inception Return
(9/26/2011) 		3.83 %
YTD Return 6.86 %
NAVPS
(12/11/2024) 		$9.29
Change $0.00 / 0.00 %
Growth of $10,000 (As of November 30, 2024)
MER 2.00 %
Assets ($mil) $820.39
Rank (1Yr) 269/302
Std Dev (3Yr) 6.49 %
Volatility Ranking (3Yr) 1/10
RRSP Eligibility Yes
Load Choice of Front or No Load
Max Front End 5.00 %
Max Back End -
Sales Status Open
 
Objective
The Fund’s objective is to provide income and the potential for long term capital growth by investing primarily in fixed income securities with an emphasis on corporate and other higher yielding fixed income securities. The fundamental investment objective may only be changed with the approval of a majority of Securityholders at a meeting called for that purpose.
Fund Manager

IA Clarington Investments Inc.

Portfolio Manager

Dan Bastasic, Industrial Alliance Investment Management Inc.

Sub-Advisor
Data not available
 
Asset Allocation
(As of October 31, 2024)
Sector Allocation
(As of October 31, 2024)
Geographic Allocation
(As of October 31, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
BROOKFIELD CORP 11/25/24Cash and EquivalentsCash and Cash EquivalentCanada2.56%
BROOKFIELD CORP 11/01/24Cash and EquivalentsCash and Cash EquivalentCanada2.40%
KeHE Distributors LLC 9.00% 15-Feb-2029Foreign BondsFixed IncomeUnited States2.39%
Doman Building Mats Group Ltd 7.50% 17-Sep-2029Domestic BondsFixed IncomeCanada2.14%
Enbridge Gas Inc 01-Nov-2024Cash and EquivalentsCash and Cash EquivalentCanada2.09%
iShares iBoxx $ Inv Grade Corp Bond ETF (LQD)Foreign BondsFixed IncomeUnited States2.05%
Atkinsrealis Group Inc 7.00% 12-Jun-2026Domestic BondsFixed IncomeCanada1.97%
ATS Company 6.50% 21-Aug-2032Domestic BondsFixed IncomeCanada1.69%
Chemtrade Logistics Inc. 6.38% 28-Aug-2029Domestic BondsFixed IncomeCanada1.69%
GardaWorld Security Corp 9.50% 01-Nov-2027Foreign BondsFixed IncomeUnited States1.66%

Performance Data (As of November 30, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.74 1.91 4.13 6.86 9.03 2.44 3.01 2.97
Benchmark 0.82 5.17 9.67 14.84 15.87 5.71 4.92 6.42
Quartile Ranking 4 3 4 3 4 3 3 3

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 6.43 -6.28 5.12 3.11 5.11 -1.57 2.73 16.23 -4.64 3.09
Benchmark 10.36 -6.92 0.50 6.14 7.98 5.36 2.96 10.80 14.93 8.91
Quartile Ranking 4 1 2 3 4 2 4 1 3 3

Website powered by © Fundata Canada Inc.
Mutual Fund Data provided by Fundata. | View Terms and Conditions of Use.
BofA Merill Lynch Indices used with permission.
© 2024 Fundata Canada Inc. All rights reserved. | View Privacy Policy | Contact Us.