IA Clarington Strategic Corporate Bond Fund

Summary of investment portfolio as at June 30, 2021

 

Total net asset value

$430,053,044

Sector allocation

% of
net asset
value
Canadian High Yield Corporate Bonds
59.34
U.S. High Yield Corporate Bonds
16.30
Cash and Other Net Assets
7.22
Short-Term Investments
5.70
Canadian Investment Grade Corporate Bonds
4.77
Energy
2.93
Foreign High Yield Corporate Bonds
2.35
Investment Funds - Bond
1.39

Credit ratings

% of
net asset
value
AAA
5.68
A
1.16
BBB
3.62
BB
36.37
B
27.36
CCC
9.50
Not Rated
4.74
Pfd-3
2.74

Top holdings

% of
net asset
value
Cash and Other Net Assets
7.22
Russel Metals Inc., 5.750%, 2025-10-27
3.22
Superior Plus LP, 4.250%, 2028-05-18
3.21
Intertape Polymer Group Inc., 4.375%, 2029-06-15
2.93
CanWel Building Materials Group Ltd., 5.250%, 2026-05-15
2.58
Garda World Security Corp., 9.500%, 2027-11-01
2.56
Parkland Corp., 6.000%, 2028-06-23
2.50
Air Canada, 4.750%, 2023-10-06
2.49
Keyera Corp., 6.875%, 2079-06-13
2.45
Trulieve Cannabis Corp., 9.750%, 2024-06-18
2.41
TerraForm Power Operating LLC, 4.250%, 2023-01-31
2.22
Fairfax Financial Holdings Ltd., 3.950%, 2031-03-03
2.17
Mattamy Group Corp., 4.625%, 2028-03-01
2.14
Tidewater Midstream and Infrastructure Ltd., 6.750%, 2022-12-19
2.11
Quebecor Media Inc., 6.625%, 2023-01-15
2.02
NCL Corp. Ltd., 3.625%, 2024-12-15
1.95
Inter Pipeline Ltd., 6.875%, 2079-03-26
1.94
Cooke Omega Investments Inc., 8.500%, 2022-12-15
1.93
Enbridge Inc., 0.790%, 2021-07-07
1.86
Kruger Products LP, 6.000%, 2025-04-24
1.82
Goeasy Ltd., 4.375%, 2026-05-01
1.77
First Quantum Minerals Ltd., 7.250%, 2023-04-01
1.76
Great Canadian Gaming Corp., 5.250%, 2026-12-31
1.70
Canadian Energy Services & Technology Corp., 6.375%, 2024-10-21
1.68
Corus Entertainment Inc., 5.000%, 2028-05-11
1.64