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IA Clarington Floating Rate Inc L5

CCM9951
9.32
+0.00
+0.03%
2017-10-13
5 Years
  • Previous Close

    9.32

  • Net Assets

    1.07M

  • Yield

    5.42%

  • Front load

    None

  • Expenses

    -

  • Category

    Floating Rate Loans

  • Morningstar Risk

    Low

  • Morningstar Rating ★★★
Profile

Name of Issuer

IA Clarington Investments Inc

Fund Style

Open

Fund Manager

Jeff Sujitno

Investment Style

-

The Fund’s objective is to provide unitholders with a stream of current monthly income by investing primarily in senior floating rate loans, other floating rate securities and debt obligations of investment grade and non-investment grade North American and global corporate issuers.

Purchase Information

Initial Purchase 500
Initial Purchase: IRA 500
Initial Purchase: AIP 50

Inception

2014-01-02

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