IA Clarington Strategic Income Fund

IA Clarington Strategic Income Fund (ISIF.TO) Company Profile & Overview

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+.