Canadian equity

IA Clarington Canadian Leaders Class

Canadian equity

Fund series navigation	Fund series information
Fund series navigation	Series A

NAV

as of

Fund code(s)

$CDN Series A

$CDN	FE	LL	DSC
Series A	8075	8077 Closed	8076 Closed

Distribution frequency

Annual, variable

MER

as of September 30, 2023

1.99%

Risk tolerance

Performance start date

February 7, 2014

Fund assets

as of March 28, 2024

$102.4 million

Fund Facts

Fund Profile

Investment goal

The Fund’s objective is to achieve long-term capital appreciation that is consistent with the protection of the Fund’s capital. The Fund can invest up to 49% in foreign securities.

Key reasons to invest

A core portfolio comprised of mostly large, well-known Canadian and U.S. companies.

The managers select stocks of companies that possess strong, consistent earnings with good dividend growth potential and/or have the potential to benefit from disruptive technological innovation.

Uses a combination of top-down and bottom-up approaches to security selection.

Portfolio manager(s)

Marc Gagnon
CFA, MBA
iA Global Asset Management Inc.
Read Marc Gagnon's bio

Jean-René Adam
MSc, CFA
iA Global Asset Management Inc.
Read Jean-René Adam's bio

David Caron
MSc, CPA, CFA
iA Global Asset Management Inc.
Read David Caron's bio

Maxime Houde
CFA
iA Global Asset Management Inc.
Read Maxime Houde's bio

Monthly commentary

Quarterly commentary

Quarterly Commentary - Canadian Leaders 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 PSD
Rate of return	2.9	10.1	10.1	21.0	9.4	10.3	7.0	7.5

Calendar year performance (%)

Table view | Chart view

Description	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Rate of return	14.9	-11.0	25.6	8.0	19.1	-10.0	9.0	14.0	-6.6	—

Value of $10,000 investment

Disclaimers

Portfolio as of March 28, 2024

Equity sector allocation

Equity

97.1%

Canadian Equities

55.5%

U.S. Equities

38.8%

Income Trusts

1.8%

Foreign Equities

1.0%

Fixed Income

2.5%

Treasury Bills

2.5%

Cash and other

0.4%

Cash and Other Net Assets

0.4%

Financials

21.2%

Information Technology

18.1%

Industrials

13.5%

Energy

9.3%

Consumer Discretionary

6.4%

Materials

6.3%

Communication Services

6.3%

Health Care

6.0%

Consumer Staples

5.5%

Utilities

2.6%

Real Estate

1.9%

Geographic allocation

Canada

59.3%

United States

39.3%

Other

1.0%

Total number of investments

205

Equity

203

Portfolio characteristics

Portfolio yield

2.1%

Equity

Royal Bank of Canada

3.3%

Microsoft Corp.

3.3%

The Toronto-Dominion Bank

2.5%

NVIDIA Corp.

2.4%

Canadian Natural Resources Ltd.

1.9%

Alphabet Inc.

1.9%

Constellation Software Inc.

1.9%

Canadian National Railway Co.

1.8%

Amazon.com Inc.

1.8%

Canadian Pacific Kansas City Ltd.

1.8%

Total allocation

22.6%

Royal Bank of Canada

3.3%

Microsoft Corp.

3.3%

The Toronto-Dominion Bank

2.5%

NVIDIA Corp.

2.4%

Government of Canada, Treasury Bill, 5.293%, 2024-06-06

2.2%

Canadian Natural Resources Ltd.

1.9%

Alphabet Inc.

1.9%

Constellation Software Inc.

1.9%

Canadian National Railway Co.

1.8%

Amazon.com Inc.

1.8%

Canadian Pacific Kansas City Ltd.

1.8%

Bank of Montreal

1.7%

Apple Inc.

1.5%

Meta Platforms Inc.

1.5%

Brookfield Corp.

1.3%

CGI Inc.

1.2%

Alimentation Couche-Tard Inc.

1.2%

Enbridge Inc.

1.2%

Suncor Energy Inc.

1.1%

Loblaw Cos. Ltd.

1.1%

Shopify Inc.

1.1%

Intact Financial Corp.

1.1%

Manulife Financial Corp.

1.0%

Sun Life Financial Inc.

1.0%

The Bank of Nova Scotia

1.0%

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
Nov. 30, 2023	Annual, variable	0.22140

Distribution tax factors

Description	2023	2022	2021	2020	2019	2018	2017	2016
Canadian eligible dividends ($/unit or share)	$0.221	$0.299	$0.281	$0.412	$0.050	$0.297	$0.302	$0.329
Foreign income ($/unit or share)	—	—	—	—	—	—	—	—
Capital gain ($/unit or share)	—	—	—	—	$0.234	—	—	—
Other income ($/unit or share)	—	—	—	—	—	—	—	—
Return of capital ($/unit or share)	—	—	—	—	—	—	—	—
Total distribution ($/unit or share)	$0.221	$0.299	$0.281	$0.412	$0.284	$0.297	$0.302	$0.329
NAV Dec. 31 ($/unit or share)	$16.70	$14.73	$16.88	$13.67	$13.05	$11.22	$12.78	$12.00

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 A

MRFP - Annual

MRFP - Semi-Annual

Top 25 Holdings - Summary of investment portfolio

Support materials

2024 Market Outlook - Marc Gagnon and Jean-René Adam

Fund Profile - Series A

IA Clarington Canadian Leaders Class - A decade of consistently strong performance

Other

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

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