(As of 5/31/2022)

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)
3.65 %
YTD Return -4.79 %
NAVPS
(6/24/2022)
$8.94
Change $0.01 / 0.13 %
Growth of $10,000 (As of May 31, 2022)
MER 2.00 %
Assets ($mil) $56.72
Rank (1Yr) 65/407
Std Dev (3Yr) 6.49 %
Volatility Ranking (3Yr) 2/10
RRSP Eligibility Yes
Load Choice of Front or Back
Max Front End 5.00 %
Max Back End 5.75 %
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.
Fund Manager

IA Clarington Investments Inc.

Portfolio Manager

Dan Bastasic, Industrial Alliance Investment Management Inc.

Sub-Advisor

IA Clarington Investments Inc.

 
Asset Allocation
(As of April 30, 2022)
Sector Allocation
(As of April 30, 2022)
Geographic Allocation
(As of April 30, 2022)
Top 10 Holdings
NameAssetSectorGeographicPercent
United States DollarCash and EquivalentsCash and Cash EquivalentUnited States4.37%
Fed Caisses Desjardi Ccdjfq 0 05/02/22Cash and EquivalentsCash and Cash EquivalentCanada4.32%
Intertape Polymer Group Inc 4.38% 15-Jun-2029Foreign BondsFixed IncomeUnited States2.89%
Russel Metals Inc 5.75% 27-Oct-2025Domestic BondsFixed IncomeCanada2.87%
iShares iBoxx $ High Yield Corp Bond ETF (HYG)Foreign BondsFixed IncomeUnited States2.82%
Superior Plus LP 4.25% 18-May-2028Domestic BondsFixed IncomeCanada2.73%
Ritchie Bros Holdings Inc 4.95% 15-Dec-2029Domestic BondsFixed IncomeCanada2.64%
Doman Building Mats Group Ltd 5.25% 15-May-2026Domestic BondsFixed IncomeCanada2.30%
Trulieve Cannabis Corp - DebentureForeign BondsHealthcareUnited States2.29%
Garda World Security Corp 9.50% 01-Nov-2027Foreign BondsFixed IncomeUnited States2.28%

Performance Data (As of May 31, 2022)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -0.70 -2.82 -3.96 -4.79 -2.51 1.62 1.32 3.41
Benchmark -1.09 -5.99 -9.94 -10.07 -6.77 -0.60 1.03 6.94
Quartile Ranking 2 1 1 1 1 2 3 3

Calendar Return (%) 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Fund 5.12 3.11 5.11 -1.57 2.73 16.23 -4.64 3.09 5.68 10.17
Benchmark 0.50 6.14 7.98 5.36 2.96 10.80 14.93 8.91 15.20 16.66
Quartile Ranking 1 3 4 2 4 1 4 3 3 4

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