IA Clarington Strategic Income FundIA Clarington Strategic Income FundIA Clarington Strategic Income Fund

IA Clarington Strategic Income Fund

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Key stats


Assets under management (AUM)
‪2.26 M‬CAD
Fund flows (1Y)
‪−642.00 K‬CAD
Dividend yield (indicated)
2.77%
Discount/Premium to NAV
0.07%
Shares outstanding
‪175.00 K‬
Expense ratio
0.96%

About IA Clarington Strategic Income Fund


Brand
iA Clarington
Inception date
Nov 4, 2019
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
IA Clarington Investments, Inc.
ISIN
CA44933N1096
The fund takes a fundamentally driven approach to asset allocation that aims for consistent income and capital appreciation. The fund invests primarily in Canadian equity and fixed income securities but allocates up to 49% in foreign securities. Securities are selected based on general market or economic conditions. ISIF invests in the following but not limited to: common shares, preferred shares, convertible preferred shares, income trust units, REITS, other ETFs and investment funds managed by IA Clarington or an affiliate. The portfolio will also include debentures, notes and other obligations, whether secured or unsecured, convertible or not, issued or guaranteed by Canadian or foreign governments, agencies or corporation, senior loans, floating rate debts, asset-backed securities and mortgage-backed securities. The corporate bonds are expected to have a weighted average credit rating in a range of B- to BBB+.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Income
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Corporate
Stocks55.63%
Finance19.69%
Industrial Services9.14%
Utilities6.17%
Retail Trade4.96%
Transportation4.11%
Health Technology2.76%
Technology Services2.27%
Communications1.92%
Producer Manufacturing1.56%
Energy Minerals1.48%
Process Industries1.13%
Non-Energy Minerals0.24%
Electronic Technology0.19%
Bonds, Cash & Other44.37%
Corporate33.36%
Government6.35%
Cash2.01%
ETF1.94%
Mutual fund0.65%
Miscellaneous0.06%
Futures0.00%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ISIF trades at 12.96 CAD today, its price has risen 0.16% in the past 24 hours. Track more dynamics on ISIF price chart.
ISIF net asset value is 12.95 today — it's risen 1.46% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ISIF assets under management is ‪2.26 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ISIF price has fallen by −0.31% over the last month, and its yearly performance shows a 6.84% increase. See more dynamics on ISIF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.46% over the last month, showed a 2.69% increase in three-month performance and has increased by 9.42% in a year.
ISIF fund flows account for ‪−642.00 K‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ISIF invests in stocks. See more details in our Analysis section.
ISIF expense ratio is 0.96%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ISIF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ISIF technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ISIF shows the buy signal. See more of ISIF technicals for a more comprehensive analysis.
Yes, ISIF pays dividends to its holders with the dividend yield of 2.77%.
ISIF trades at a premium (0.08%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ISIF shares are issued by iA Financial Corp., Inc.
ISIF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 4, 2019.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.