Global balanced

IA Clarington Global Multi-Asset Fund

Fund information page

Global balanced
Fund series navigation Fund series information
Series A
as of
as of
$CDN Series A
$CDN FE LL DSC
Series A 1220
Closed
1222
Closed
1221
Closed
Monthly, variable
as of September 30, 2020
2.35%
Low to Medium
September 30, 2014
as of March 31, 2021
$29.9 million

Investment goal

The Fund aims  to generate income and capital appreciation by investing primarily in equity securities, and fixed-income investments from around the world.

Key reasons to invest

High-conviction, outcome-focused approach that targets an annualized return of CPI +5%* over rolling five-year periods.**

Opportunistic multi-asset strategy that has the flexibility to adjust to changing market environments.

Managed by PineBridge Investments, the fund leverages the deep expertise of over 200 investment specialists in 17 countries.***

Portfolio manager(s)

Manager Photo Manager Details
Matthew J.  Eagan, MBA, CFA, Loomis, Sayles & Company, L.P. Matthew J. Eagan
MBA, CFA
Loomis, Sayles & Company, L.P.
Read Matthew J. 's bio  
Manager Photo Manager Details
Lee Rosenbaum, MBA, Loomis, Sayles & Company, L.P. Lee Rosenbaum
MBA
Loomis, Sayles & Company, L.P.
Read Lee's bio  
Manager Photo Manager Details
Eileen Riley, CFA, Loomis, Sayles & Company, L.P. Eileen Riley
CFA
Loomis, Sayles & Company, L.P.
Read Eileen's bio  
Manager Photo Manager Details
David Rolley, CFA, Loomis, Sayles & Company, L.P. David Rolley
CFA
Loomis, Sayles & Company, L.P.
Read David's bio  

Disclaimers

Performance as of March 31, 2021

Fund performance (%)

1-month 3-month YTD 1-year 3-year 5-year 10-year Since
inception
Rate of
return
1.2 2.3 2.3 29.8 4.2 5.0 3.9

Calendar year performance (%)

2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Rate of
return
6.9 10.8 -7.4 6.9 0.3 4.3

Value of $10,000 investment

Disclaimers

Portfolio as of March 31, 2021

Description Value
Equity 54.1%
U.S. Equities 28.5%
Foreign Equities 19.5%
Investment Funds: Equity 3.0%
Income Trusts 1.9%
Preferred Equities 1.0%
Canadian Equities 0.2%
Fixed Income 19.0
Foreign Investment Grade Corporate Bonds 4.9%
U.S. Investment Grade Corporate Bonds 4.6%
U.S. High Yield Corporate Bonds 4.0%
Foreign High Yield Corporate Bonds 2.0%
Foreign Government Bonds 1.2%
Asset-Backed Securities 0.9%
U.S. Government Bonds 0.7%
Mortgage Backed Securities 0.3%
Canadian High Yield Corporate Bonds 0.2%
Canadian Investment Grade Corporate Bonds 0.1%
Senior Loans 0.1%
Supranational Guarantees 0.0%
Canadian Government Bonds 0.0%
Cash and other 26.7%
Cash and Other Net Assets 26.7%
Futures 0.0%
Description Value
Information Technology 14.9%
Industrials 9.6%
Consumer Discretionary 7.0%
Utilities 4.6%
Financials 4.5%
Communication Services 3.5%
Real Estate 2.4%
Materials 1.2%
Health Care 1.1%
Energy 1.0%
Consumer Staples 0.5%

Geographic allocation

Description Value
United States 38.8%
Europe - Other 17.1%
United Kingdom 5.3%
Asia 4.3%
Mexico 3.3%
Caribbean 1.5%
North America - Other 1.2%
South America 0.9%
Africa 0.8%
Australia & Oceania 0.1%
Central America 0.1%

Total number of investments

431

Description Value
Fixed income 794
Equity 431

Portfolio characteristics

Description Value
Portfolio yield 1.7%
Average coupon 4.7%
Modified duration 3.4 yrs
Average term 13.6 yrs
Average credit quaility A

Credit rating

Description Value
AAA 27.2%
AA 0.4%
A 3.0%
BBB 6.5%
BB 3.9%
B 3.7%
CCC 0.8%

Equity

Description Value
iShares MSCI Mexico Capped ETF 3.0%
Microsoft Corp. 1.5%
Apple Inc. 1.4%
Amazon.com Inc. 0.9%
JPMorgan Chase & Co. 0.8%
Alphabet Holding Company Inc., Class C 0.6%
Facebook Inc. 0.5%
Bank of America Corp. 0.5%
Siemens Gamesa Renewable Energy 0.4%
Samsung Electronics Co. Ltd. 0.4%
Total allocation 10.2%

Fixed income

Description Value
Madison Park Funding X Ltd., 6.624%, 2029-01-20 0.5%
Arbour CLO IV DAC, 3.100%, 2034-04-15 0.3%
US Treasury, 1.375%, 2050-08-15 0.3%
US Treasury, 0.000%, 2021-04-15 0.3%
Octagon Investment Partners, Ltd., 10.835%, 2031-04-16 0.2%
Avery Point Clo, Limited, 9.267%, 2027-08-05 0.2%
Land O'Lakes Inc., 7.000%, 2049-12-31 0.2%
Ghana Government, 10.750%, 2030-10-14 0.2%
Egypt Government, 7.625%, 2032-05-29 0.2%
Voya Euro Clo I Dac 1X D Regs, 2.500%, 2030-10-15 0.2%
Total allocation 2.5%
Description Value
Cash and Cash Equivalents 23.7%
IA Clarington Global Bond Fund, Series I 22.7%
iShares MSCI Mexico Capped ETF 3.0%
Microsoft Corp. 1.5%
Apple Inc. 1.4%
Amazon.com Inc. 0.9%
JPMorgan Chase & Co. 0.8%
Alphabet Holding Company Inc., Class C 0.6%
Facebook Inc. 0.5%
Bank of America Corp. 0.5%
Siemens Gamesa Renewable Energy 0.4%
Samsung Electronics Co. Ltd. 0.4%
Vestas Wind Systems A/S 0.4%
Keyence Corp 0.4%
First Solar Inc. 0.4%
Tesla, Inc. 0.4%
Nvidia Corp. 0.3%
Salesforce.com Inc. 0.3%
Cisco Systems Inc. 0.3%
Acciona SA 0.3%
ERG SpA 0.3%
EDP Renováveis SA 0.3%
Atlantica Yield PLC 0.3%
Visa Inc. 0.3%
Honeywell International Inc. 0.3%

Disclaimers

Cash is included in the average credit quality.

The credit quality of debt instruments of the Fund through direct holdings and/or underlying funds. Credit ratings are obtained from DBRS, Standard & Poor's or Moody's. DBRS rating or equivalent is presented.

Cash and cash equivalents are excluded.

Excludes applicable sector allocations of investment funds not managed by IA Clarington Investments Inc.

Excludes cash and other net assets and applicable investment funds not managed by IA Clarington Investments Inc.

Distributions as of March 31, 2021

Recent distributions

Distribution data is not shown for the first 12 months.

Distribution tax factors

2020 2019 2018 2017 2016
Canadian eligible dividends
($/unit or share)
$0.002 $0.008
Foreign income
($/unit or share)
$0.001 $0.029 $0.091 $0.121 $0.082
Capital gain
($/unit or share)
$0.064 $0.040
Other income
($/unit or share)
Return of capital
($/unit or share)
$0.006
Total distribution
($/unit or share)
$0.007 $0.031 $0.163 $0.121 $0.122
NAV Dec. 31
($/unit or share)
$11.91 $11.15 $10.10 $11.08 $10.48

Distribution tax factors is not available for a full calendar year.

Disclaimers

The distribution information presented is based on the calendar year-end, and is indicated in dollar per unit or share.

Historical

Historical prices

Disclaimers

Documents

Disclaimers

The information presented incorporates the applicable characteristics of the underlying mutual fund(s) that the Fund invests in.  

*Refers to Canadian Consumer Price Index, excluding energy and food. Return target is gross of fees. **A rolling five-year period is a period of five consecutive years; the start date of the first rolling five-year period for IA Clarington Global Multi-Asset Fund is June 1, 2018 (or thereabouts). ***Investment professionals include portfolio managers, research analysts, traders, portfolio strategists and product specialists; subject to change.

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Series I

For institutional investors only. Not available for individual investors.

Series V

For institutional investors only. Not available for individual investors.

Series O

For institutional investors only. Not available for individual investors.

Series A

Available to investors in front-end, low-load and deferred sales commission options (depending on Fund).

Series B

Available to investors in a front-end purchase option.

Series B5

Available to investors in a front-end purchase option. This is a payout series for investors seeking regular monthly distributions.

Series E

Elite Pricing front-end series for qualifying investors.

Series E4

Elite Pricing front-end series for qualifying investors seeking regular monthly distributions.

Series E5

Elite Pricing front-end series for qualifying investors seeking regular monthly distributions.

Series E6

Elite Pricing front-end series for qualifying investors seeking regular monthly distributions.

Series EF

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This series is closed to new investors.

Series EF4

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series EF5

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series EF6

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series EFX

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This series is closed to new investors.

Series EFX6

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series ETF

TSX-listed ETF series.

Series EX

Elite Pricing front-end series for qualifying investors. This series is closed to new investors.

Series EX5

Elite Pricing front-end series for qualifying investors. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series EX6

Elite Pricing front-end series for qualifying investors. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series F

Fee-based series for investors participating in a fee-based program through their dealer.

Series F10

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions.

Series F4

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions.

Series F5

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions.

Series F6

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions.

Series F8

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions.

Series FX

Fee-based series for investors participating in a fee-based program through their dealer. This series is closed to new investors.

Series FX5

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series FX6

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series FX8

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series Guarantee A

For investors seeking a guaranteed investment option.

Series Guarantee B

For investors seeking a guaranteed investment option.

Series Guarantee C

For investors seeking a guaranteed investment option.

Series L

Advisor service charge series for investors at offering dealers.

Series L10

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions.

Series L4

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions.

Series L5

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions.

Series L6

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions.

Series L8

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions.

Series LM

Advisor service charge series for qualifying investors at offering dealers.

Series LX

Advisor service charge series for investors at offering dealers. This series is closed to new investors.

Series LX5

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series M

Available in front-end, low-load and deferred sales commission options for qualifying investors.

Series P

Unbundled fee option for qualifying investors at offering dealers. This series is closed to new investors.

Series P4

Unbundled fee option for qualifying investors at offering dealers. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series P5

Unbundled fee option for qualifying investors at offering dealers. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series P6

Unbundled fee option for qualifying investors at offering dealers. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series T10

Available to investors in front-end, low-load and deferred sales commission options. This is a payout series for investors seeking regular monthly distributions.

Series T4

Available to investors in front-end, low-load and deferred sales commission options. This is a payout series for investors seeking regular monthly distributions.

Series T5

Available to investors in front-end, low-load and deferred sales commission options. This is a payout series for investors seeking regular monthly distributions.

Series T6

Available to investors in front-end, low-load and deferred sales commission options. This is a payout series for investors seeking regular monthly distributions.

Series T8

Available to investors in front-end, low-load and deferred sales commission options. This is a payout series for investors seeking regular monthly distributions.

Series W

Available to investors who participate in qualifying dealer-sponsored fee-based programs.

Series X

Closed to new purchases.

Series X5

Closed to new purchases.

Series Y

Closed to new purchases.