Canadian equity

IA Clarington Canadian Dividend Fund

Fund information page

Canadian equity
Fund series navigation Fund series information
Series F
as of
as of
Canadian Dividend & Income Equity
Morningstar Rating
$CDN Series F
$CDN FB
Series F 1310
Closed
Monthly, fixed
as of September 30, 2023
1.15%
Medium
July 5, 2004
as of March 28, 2024
$148.3 million

Investment goal

The Fund’s objective is to maximize after tax income with a focus on the preservation and enhancement of capital by investing primarily in Canadian equities.

Key reasons to invest

A core dividend-focused portfolio is comprised of securities representing mostly large, well-known Canadian companies that endeavor to pay regular and rising dividends.

Emphasizes capital appreciation and income. 

The portfolio manager combines a top-down economic view with bottom-up fundamental security selection to identify stocks of companies which offer good valuation, a strong balance sheet and excellent management.

Portfolio manager(s)

Manager Photo Manager Details
Jean-René Adam, MSc, CFA, iA Global Asset Management Inc. Jean-René Adam
MSc, CFA
iA Global Asset Management Inc.
Read Jean-René Adam's bio  
Manager Photo Manager Details
Dan Rohinton, , iA Global Asset Management Inc. Dan Rohinton
iA Global Asset Management Inc.
Read Dan Rohinton's bio  
Manager Photo Manager Details
Oliver Shao, CFA, iA Global Asset Management Inc. Oliver Shao
CFA
iA Global Asset Management Inc.
Read Oliver Shao's bio  

Disclaimers

Performance as of March 28, 2024

Fund performance (%)

1-month 3-month YTD 1-year 3-year 5-year 10-year Since
inception
Rate of
return		 2.6 7.2 7.2 11.7 8.7 8.0 7.5 7.4

Calendar year performance (%)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Rate of
return		 7.5 -4.1 25.2 -0.8 20.5 -6.9 8.3 20.3 -3.1 10.6

Value of $10,000 investment

Morningstar ratings™
Canadian Dividend & Income Equity as of March 31, 2024

Overall 1-year 3-year 5-year 10-year
Rating Morningstar Rating Morningstar Rating Morningstar Rating Morningstar Rating Morningstar Rating
Number of funds in category 374 405 374 351 235

Disclaimers

Portfolio as of March 28, 2024

Geographic allocation

Total number of investments

48

Portfolio characteristics

Equity

Disclaimers

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 28, 2024

Recent distributions

Payment date Frequency $/unit or share
Mar. 28, 2024 Monthly, fixed 0.02194
Feb. 29, 2024 Monthly, fixed 0.02194
Jan. 31, 2024 Monthly, fixed 0.02194
Dec. 31, 2023 Monthly, fixed 0.03000
Nov. 30, 2023 Monthly, fixed 0.03000
Oct. 31, 2023 Monthly, fixed 0.03000
Sep. 30, 2023 Monthly, fixed 0.03000
Aug. 31, 2023 Monthly, fixed 0.03000
Jul. 31, 2023 Monthly, fixed 0.03000
Jun. 30, 2023 Monthly, fixed 0.03000
May. 31, 2023 Monthly, fixed 0.03000
Apr. 30, 2023 Monthly, fixed 0.03000

Distribution tax factors

2023 2022 2021 2020 2019 2018 2017 2016
Canadian eligible dividends
($/unit or share)		 $0.040 $0.037 — $0.066 $0.083 $0.071 — $0.070
Foreign income
($/unit or share)		 — — — — — — — —
Capital gain
($/unit or share)		 — — $0.138 $0.008 — — — —
Other income
($/unit or share)		 — — — — — — — —
Return of capital
($/unit or share)		 $0.320 $0.323 $0.360 $0.327 $0.409 $0.421 $0.492 $0.422
Total distribution
($/unit or share)		 $0.360 $0.360 $0.498 $0.401 $0.492 $0.492 $0.492 $0.492
NAV Dec. 31
($/unit or share)		 $2.20 $2.40 $2.86 $2.71 $3.18 $3.07 $3.79 $3.98

There is no calendar year distribution tax factor data for this fund.

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

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Disclaimers

Documents

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

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.

Series L10

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

Series L4

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

Series L5

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

Series L6

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

Series L8

Advisor service charge series. 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

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

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

Series T4

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

Series T5

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

Series T6

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

Series T8

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.