Global balanced

IA Clarington Loomis Global Allocation Fund

Global balanced

Fund series navigation	Fund series information
Fund series navigation	Series F - USD

Series F - USD

IA Clarington Loomis Global Allocation Fund was formerly IA Clarington Global Allocation Fund.

NAV

as of

Overall Morningstar Ratings^TM

Global Equity Balanced

Fund code(s)

$US Series F

$US	FB
Series F	1328

Distribution frequency

Monthly, variable

MER

as of September 30, 2024

1.05%

Risk tolerance

Inception date

July 19, 2010

Fund assets

as of November 30, 2024

$5.5 billion

Fund Facts

Fund Profile

Investment goal

Combines a concentrated global equity portfolio with a high conviction U.S. and global fixed income allocation. Security selection is driven by bottom-up fundamental research. Managers look for valuation disparity in the market place to position the portfolio where the greatest risk/reward opportunities lie which typically runs counter to macro trends.

Key reasons to invest

An unconstrained, go-anywhere global bottom-up asset allocation strategy that will invest across multiple asset classes, sectors, regions, countries and currencies in pursuit of a strong total return.

A well-diversified, yet concentrated portfolio based on the highest conviction ideas of four experienced portfolio managers, that have more than 130 years combined investment experience

Continuous collaboration between teams, supported by Loomis Sayles’ deep global research platform, ensures only their best ideas are represented in the Fund.

Portfolio manager(s)

Matthew J. Eagan
MBA, CFA
Loomis, Sayles & Company, L.P.
Read Matthew J. Eagan's bio

Lee Rosenbaum
MBA
Loomis, Sayles & Company, L.P.
Read Lee Rosenbaum's bio

Eileen Riley
MBA, CFA
Loomis, Sayles & Company, L.P.
Read Eileen Riley's bio

David Rolley
CFA
Loomis, Sayles & Company, L.P.
Read David Rolley's bio

Monthly commentary

Quarterly commentary

Quarterly Commentary - Loomis Global Allocation Fund

Disclaimers

Performance as of November 30, 2024

Fund performance (%)

Table view | Chart view

Description	1-month	3-month	YTD	1-year	3-year	5-year	10-year	Since inception
Rate of return	3.8	2.2	14.4	21.1	3.2	7.9	6.4	5.6

Calendar year performance (%)

Table view | Chart view

Description	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Rate of return	22.9	-24.0	14.8	14.9	28.2	-7.8	23.4	6.7	-12.2	—

Value of $10,000 investment

Morningstar ratings™
Global Equity Balanced as of November 30, 2024

Description	Overall	1-year	3-year	5-year	10-year
Rating
Number of funds in category	1048	1159	1048	885	509

Disclaimers

Portfolio as of November 30, 2024

Asset mix

Equity sector allocation

Equity

67.3%

U.S. Equities

53.8%

Foreign Equities

11.9%

Canadian Equities

1.6%

Fixed Income

31.2%

Foreign Investment Grade Corporate Bonds

5.4%

U.S. High Yield Corporate Bonds

4.7%

U.S. Government Bonds

4.7%

U.S. Investment Grade Corporate Bonds

4.6%

Foreign Government Bonds

2.7%

Treasury Bills

2.7%

Canadian Government Bonds

1.4%

Foreign High Yield Corporate Bonds

1.4%

Other

1.4%

Canadian Investment Grade Corporate Bonds

1.2%

Convertible Bonds

1.0%

Cash and other

1.5%

Cash and Other Net Assets

1.5%

Futures

0.0%

Options

0.0%

Information Technology

17.9%

Financials

12.7%

Industrials

11.1%

Consumer Discretionary

10.8%

Health Care

6.8%

Communication Services

2.8%

Materials

2.3%

Consumer Staples

2.2%

Energy

0.6%

Geographic allocation

United States

72.4%

Europe-Other

8.1%

Canada

4.6%

Asia-Other

3.8%

United Kingdom

3.0%

Taiwan

2.5%

Australia & Oceania

1.4%

Other

1.3%

South America

1.3%

Total number of investments

589

Fixed income

547

Equity

Portfolio characteristics

Portfolio yield

2.2%

Average coupon

4.3%

Modified duration

4.3 yrs

Average term

5.9 yrs

Average credit quality

Credit rating

AAA

7.4%

1.6%

2.7%

BBB

8.7%

4.8%

2.3%

CCC

0.8%

Below CCC

0.2%

2.7%

Top holdings

Top 25 holdings

Equity

NVIDIA Corp.

3.7%

Amazon.com Inc.

3.3%

S&P Global Inc.

3.3%

Mastercard Inc.

3.0%

Alphabet Inc.

2.8%

UnitedHealth Group Inc.

2.6%

Parker Hannifin Corp.

2.5%

Taiwan Semiconductor Manufacturing Co. Ltd.

2.5%

Roper Technologies Inc.

2.4%

O'Reilly Automotive Inc.

2.4%

Total allocation

28.5%

Fixed income

Government of United States, Treasury Bill, 4.437%, 2025-04-17

1.5%

Government of Canada, 4.000%, 2026-08-01

1.1%

Government of United States, 4.125%, 2026-10-31

0.8%

EchoStar Corporation, 10.750%, 2029-11-30

0.8%

Government of United States, 3.875%, 2034-08-15

0.7%

Government of United States, Treasury Bill, 4.450%, 2025-04-10

0.6%

Glencore Funding LLC, 6.500%, 2033-10-06

0.5%

Government of United States, Treasury Bill, 4.494%, 2025-02-06

0.4%

Government of United States, 3.875%, 2033-08-15

0.4%

Government of United States, 4.125%, 2027-11-15

0.4%

Total allocation

7.2%

NVIDIA Corp.

3.6%

Amazon.com Inc.

3.3%

S&P Global Inc.

3.3%

Mastercard Inc.

3.0%

Alphabet Inc.

2.8%

UnitedHealth Group Inc.

2.6%

Parker Hannifin Corp.

2.5%

Taiwan Semiconductor Manufacturing Co. Ltd.

2.4%

Roper Technologies Inc.

2.4%

O'Reilly Automotive Inc.

2.4%

Linde PLC

2.3%

The Home Depot Inc.

2.3%

Costco Wholesale Corp.

2.2%

Airbnb Inc.

2.1%

Blackrock Inc.

2.0%

Atlas Copco AB

2.0%

Mettler-Toledo International Inc.

1.9%

Cummins Inc.

1.8%

JPMorgan Chase & Co.

1.7%

Danaher Corp.

1.7%

ASML Holding NV

1.7%

Nomura Research Institute Ltd.

1.6%

Cash and Net Other Assets

1.6%

Allison Transmission Holdings Inc.

1.6%

CGI Inc.

1.6%

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 November 30, 2024

Recent distributions

Payment date	Frequency	$/unit or share
Oct. 31, 2024	Monthly, variable	0.02030
Sep. 30, 2024	Monthly, variable	0.01063
Aug. 31, 2024	Monthly, variable	0.01017
Jul. 31, 2024	Monthly, variable	0.03262
Jun. 30, 2024	Monthly, variable	0.01968
May. 31, 2024	Monthly, variable	0.02738
Apr. 30, 2024	Monthly, variable	0.01995
Mar. 31, 2024	Monthly, variable	0.01288
Feb. 29, 2024	Monthly, variable	0.00715
Jan. 31, 2024	Monthly, variable	0.02166

Distribution tax factors

Description	2023	2022	2020	2019	2018	2017	2016
Canadian eligible dividends ($/unit or share)	—	—	—	—	$0.026	—	$0.013
Foreign income ($/unit or share)	$0.039	$0.013	—	$0.033	$0.083	$0.083	$0.178
Capital gain ($/unit or share)	—	—	$0.004	—	—	—	—
Other income ($/unit or share)	—	—	—	—	—	—	—
Return of capital ($/unit or share)	$0.045	—	—	$0.007	—	—	—
Total distribution ($/unit or share)	$0.084	$0.013	$0.004	$0.040	$0.109	$0.083	$0.191
NAV Dec. 31 ($/unit or share)	$17.60	$14.40	$16.53	$14.39	$11.25	$12.32	$10.05

Disclaimers

Distribution data may not be shown for years in which the distribution amount was immaterial. For funds with a track record of less than 12 months, distribution data cannot be shown.

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

Historical

Historical prices

Start NAV:

End NAV:

Min. NAV:

Max. NAV:

Download Chart

Download NAVs

Disclaimers

Documents

Regulatory documents

Financial Statement - Annual

Financial Statement - Semi-Annual

Fund Facts - Series F

MRFP - Annual

MRFP - Semi-Annual

Top 25 Holdings - Summary of investment portfolio

Support materials

2024 Mid-Year Review - Matthew J. Eagan, Eileen N. Riley, David W. Rolley and Lee M. Rosenbaum

2025 Market Outlook - Matthew Eagan, Eileen Riley, David Rolley and Lee Rosenbaum

A brief history of Loomis, Sayles & Company, L.P.

Alpha-Focused Investing

Driving outperformance across the globe

Fund Profile - Series F

IA Clarington Global Allocation Fund overview

Loomis Alpha Drivers One-pager

Loomis Suite of Funds

Loomis, Sayles & Company investor brochure

Success across market cycles

Targeting enhanced total returns

Other

Disclaimers

The Morningstar Star Ratings displayed above are subject to change monthly.

The Morningstar Rating for Funds, often referred to as the Star Rating, is a data driven rating which compares how well a fund performed against similar funds. It is calculated by Morningstar Research Inc., an independent research firm. Morningstar groups funds based on the types of investments in the funds’ portfolios using CIFSC Fund categories. The Star Rating also considers the amount of risk a fund has taken to achieve its return. A more volatile fund will generally receive a lower rating than a steadier fund with the same return. Star Ratings are given for funds with at least a 3-year track record based on the fund’s Morningstar Risk Adjusted Return. The overall ranking is a weighted combination of the 3, 5 and 10 year ratings. Overall ratings are adjusted where a fund has less than 5 or 10 years of history.

Funds which rank in the top 10% of its category receive a 5-Star rating. Funds which rank in the next 22.5% receive a 4-Star rating. Funds which rank in the next 35% receive a 3-Star rating. Funds which rank in the next 22.5% receive a 2-Star rating. Funds which rank in the lowest 10% of its category receive a 1-Star rating. Star Ratings are based entirely on a mathematical evaluation of past performance. Though they could be used to identify funds to further evaluate and research, they should not be considered to be buy or sell recommendations from Morningstar.

For further information on the Star Rating, please refer to www.morningstar.ca.

©2024 Morningstar Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

All fund performance and distribution information is based on each fund's net asset value per unit ("NAV") which is calculated in Canadian dollars. Information presented herein regarding NAV, performance and distribution is calculated into U.S. dollars by converting the corresponding Canadian dollar information into U.S. dollars using the daily exchange rate. The option to purchase a fund in U.S. dollars is offered as a convenience for investors who prefer to transact in U.S. dollars. The overall performance of the investment is the same, regardless of the currency in which an investor makes the purchase, as the same series is sold under either option. This purchase option does not hedge, or protect, against losses caused by fluctuations in the exchange rate between Canadian and U.S. dollars, nor does it negate the effect of any hedging strategy that may already be in place within a fund. Please read the prospectus for information on the U.S. Dollar Purchase Option or speak to your advisor.

Quick list

Select up to 25 funds for your personal reference

Compare funds

Select up to 3 funds for quick comparison

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

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 DA

Front-end series for lump-sum investments into the Dollar-Cost Averaging Service.

Series DF

Fee-based series for lump-sum investments into the Dollar-Cost Averaging Service.

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 E8

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

Series EF6

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

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