Global balanced

IA Clarington Loomis Global Allocation Class

Global balanced

Fund series navigation	Fund series information
Fund series navigation	Series F

This series is only available for new purchases and switches into non-registered accounts.

NAV

as of

Overall Morningstar Ratings^TM

Global Equity Balanced

Fund code(s)

$CDN Series F

$CDN	FB
Series F	486

Distribution frequency

Annual, variable

MER

as of September 30, 2023

1.06%

Risk tolerance

Inception date

July 19, 2010

Fund assets

as of March 28, 2024

$65.5 million

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 Class

Disclaimers

Performance as of March 28, 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	1.6	9.0	9.0	21.6	6.0	8.3	7.4	6.8

Calendar year performance (%)

Table view | Chart view

Description	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Rate of return	19.2	-18.6	13.3	12.4	21.1	0.4	14.8	3.4	4.5	1.6

Value of $10,000 investment

Morningstar ratings™
Global Equity Balanced as of March 31, 2024

Description	Overall	1-year	3-year	5-year	10-year
Rating
Number of funds in category	1024	1182	1024	932	490

Disclaimers

Portfolio as of February 29, 2024

Asset mix

Equity sector allocation

Equity

65.6%

U.S. Equities

52.9%

Foreign Equities

12.7%

Other

0.0%

Fixed Income

29.8%

Foreign Investment Grade Corporate Bonds

5.7%

U.S. High Yield Corporate Bonds

5.6%

U.S. Government Bonds

4.0%

U.S. Investment Grade Corporate Bonds

3.4%

Foreign Government Bonds

3.0%

Other

2.0%

Convertible Bonds

2.0%

Foreign High Yield Corporate Bonds

1.7%

Canadian Investment Grade Corporate Bonds

1.5%

Treasury Bills

0.9%

Cash and other

4.6%

Cash and Other Net Assets

4.5%

Futures

0.1%

Options

0.0%

Information Technology

17.2%

Consumer Discretionary

13.0%

Financials

11.8%

Industrials

7.8%

Health Care

7.4%

Communication Services

2.8%

Materials

2.6%

Consumer Staples

2.0%

Energy

1.0%

Geographic allocation

United States

69.3%

Europe-Other

4.8%

Asia-Other

3.9%

Canada

2.8%

France

2.7%

Sweden

2.5%

Netherlands

2.5%

Japan

2.5%

Australia & Oceania

1.6%

Other

1.5%

South America

1.2%

Total number of investments

639

Fixed income

596

Equity

Portfolio characteristics

Portfolio yield

2.5%

Average coupon

3.7%

Modified duration

4.8 yrs

Average term

6.5 yrs

Average credit quality

BBB

Credit rating

AAA

6.2%

2.0%

3.0%

BBB

7.9%

5.5%

2.2%

CCC

0.8%

Below CCC

0.6%

0.9%

Not Rated

0.7%

Top holdings

Top 25 holdings

Equity

S&P Global Inc.

3.4%

Amazon.com Inc.

3.3%

Alphabet Inc.

2.8%

Mastercard Inc.

2.8%

Linde PLC

2.6%

Atlas Copco AB

2.5%

UnitedHealth Group Inc.

2.3%

ASML Holding NV

2.2%

Airbnb Inc.

2.2%

The Home Depot Inc.

2.2%

Total allocation

26.3%

Fixed income

Government of Canada, 1.500%, 2024-09-01

0.6%

Government of United States, 4.375%, 2043-08-15

0.5%

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

0.5%

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

0.5%

Government of United States, 1.750%, 2029-11-15

0.5%

Government of United States, 3.375%, 2033-05-15

0.5%

Government of United States, 3.875%, 2025-03-31

0.4%

Government of United States, Treasury Bill, 5.170%, 2024-07-25

0.4%

Teladoc Health Inc., 1.250%, 2027-06-01

0.4%

DISH Network Corp., 3.375%, 2026-08-15

0.4%

Total allocation

4.7%

Cash and Net Other Assets

4.5%

Amazon.com Inc.

3.5%

S&P Global Inc.

3.2%

Mastercard Inc.

2.8%

Linde PLC

2.8%

Alphabet Inc.

2.7%

NVIDIA Corp.

2.5%

Atlas Copco AB

2.5%

ASML Holding NV

2.3%

Salesforce.com Inc.

2.3%

Airbnb Inc.

2.3%

The Home Depot Inc.

2.2%

Accenture PLC

2.1%

UnitedHealth Group Inc.

2.1%

O'Reilly Automotive Inc.

2.1%

Costco Wholesale Corp.

2.0%

Mettler-Toledo International Inc.

2.0%

Roper Technologies Inc.

1.9%

Taiwan Semiconductor Manufacturing Co. Ltd.

1.9%

LVMH Moët Hennessy Louis Vuitton SE

1.9%

Danaher Corp.

1.9%

Parker Hannifin Corp.

1.8%

BlackRock Inc.

1.8%

Nomura Research Institute Ltd.

1.7%

JPMorgan Chase & Co.

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.

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.

IA Clarington Loomis Global Allocation Class invests substantially all of its assets in units of IA Clarington Loomis Global Allocation Fund (the "Reference Fund"). The portfolio manager listed manages the Reference Fund. The information provided in the Portfolio section refers to the Reference Fund, and where applicable as a percentage of its net asset value.

Distributions as of March 28, 2024

Recent distributions

Payment date	Frequency	$/unit or share
Nov. 30, 2023	Annual, variable	0.01404

Distribution tax factors

Description	2023	2019	2017	2016
Canadian eligible dividends ($/unit or share)	$0.014	—	$0.091	$0.057
Foreign income ($/unit or share)	—	—	—	—
Capital gain ($/unit or share)	$0.054	$0.046	—	—
Other income ($/unit or share)	—	—	—	—
Return of capital ($/unit or share)	—	—	—	—
Total distribution ($/unit or share)	$0.068	$0.046	$0.091	$0.057
NAV Dec. 31 ($/unit or share)	$22.18	$18.01	$14.85	$13.02

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:

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

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

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.

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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

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 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