Canadian balanced

IA Clarington Canadian Balanced Fund

Fund information page

Canadian balanced
Fund series navigation Fund series information
as of
as of
$CDN Series A
$CDN FE LL DSC
Series A 400
Closed
955
Closed
401
Closed
Annual, variable
as of September 30, 2020
2.38%
Low to Medium
September 24, 1996
as of April 30, 2021
$397.5 million

Investment goal

The Fund’s objective is to achieve capital appreciation and income with a focus on preserving the value of the original capital by investing primarily in a portfolio of Canadian equity and fixed income investments.

Key reasons to invest

A core Canadian balanced portfolio that aims to strategically position the Fund through all economic cycles.

Invests in quality companies with lower valuations that are growing at higher rates than the market.

Core plus fixed income invests primarily in Canadian Federal, Provincial, Municipal and investment grade corporate bonds.

Portfolio manager(s)

Manager Photo Manager Details
Darren Dansereau, CFA, QV Investors Inc. Darren Dansereau
CFA
QV Investors Inc.
Read Darren's bio  
Manager Photo Manager Details
Clement Chiang, MBA, CFA, QV Investors Inc. Clement Chiang
MBA, CFA
QV Investors Inc.
Read Clement's bio  

Disclaimers

Performance as of April 30, 2021

Fund performance (%)

1-month 3-month YTD 1-year 3-year 5-year 10-year Since
inception
Rate of
return
1.1 7.5 6.9 20.3 4.2 3.1 4.0 4.9

Calendar year performance (%)

2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Rate of
return
1.8 10.5 -8.9 1.5 9.0 -4.2 6.3 14.1 6.8 0.5

Value of $10,000 investment

Disclaimers

Portfolio as of March 31, 2021

Target asset mix

Description Value
Canadian Equities 60.7%
Canadian Provincial and Municipal Bonds 8.7%
Canadian Investment Grade Corporate Bonds 8.5%
Canadian Government Bonds 8.0%
U.S. Equities 4.6%
Cash and Other Net Assets 2.7%
Preferred Equities 2.5%
Canadian High Yield Corporate Bonds 2.2%
Foreign Equities 0.9%
Convertible Bonds 0.6%
Income Trusts 0.6%

Current weightings

Description Value
iA Financial Corporation Inc. 3.2%
The Toronto-Dominion Bank 3.1%
CGI Inc. 2.9%
Suncor Energy Inc. 2.7%
Saputo Inc. 2.7%
Royal Bank of Canada 2.7%
AltaGas Ltd. 2.6%
Alimentation Couche-Tard Inc., Class B, SV 2.5%
Cash and Cash Equivalents 2.5%
Brookfield Asset Management Inc. 2.4%
Government of Canada, 2.250%, 2024-03-01 2.4%
Open Text Corp. 2.4%
Loblaw Companies Ltd. 2.4%
Bank of Nova Scotia 2.4%
Canadian Natural Resources Ltd. 2.2%
TC Energy Corp. 2.1%
Canadian Pacific Railway Co. 2.1%
Enbridge Inc. 2.1%
Canadian National Railway Co. 2.0%
Nutrien Ltd. 1.9%
Finning International Inc. 1.8%
Teck Resources Ltd., Class B, SV 1.7%
CCL Industries Inc., Class B, NV 1.5%
Canadian Tire Corporation Ltd. 1.4%
Magna International Inc. 1.4%

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 April 30, 2021

Recent distributions

Payment date Frequency $/unit or share
Dec. 31, 2020 Annual, variable 0.267

Distribution tax factors

2020 2019 2018 2017 2016
Canadian eligible dividends
($/unit or share)
$0.234 $0.197 $0.165 $0.118 $0.126
Foreign income
($/unit or share)
$0.011 $0.025 $0.009 $0.005 $0.005
Capital gain
($/unit or share)
$0.733
Other income
($/unit or share)
$0.022 $0.031 $0.056 $0.032 $0.023
Return of capital
($/unit or share)
Total distribution
($/unit or share)
$0.267 $0.253 $0.963 $0.155 $0.154
NAV Dec. 31
($/unit or share)
$21.77 $21.65 $19.82 $22.83 $22.64

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

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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.