IA Clarington Canadian Balanced GIF - Guarantee A

Quick Facts

NAVPS (5/17/2013) $11.90

Guarantee Options:
A - 100% death/100% maturity
B - 100% death/75% maturity

Underlying Fund:
IA Clarington Canadian Balanced Fund

GIF Inception Date:
March 2010


MER: 12/31/2012 3.58%

Fund Numbers:


 Front DSC
Guarantee A IAC 730 IAC 731
Guarantee B IAC 1730 IAC 1731
 

Key reasons to invest

  • Proven portfolio management over extended time periods
  • QV's Commitment to protect capital during volatile markets
  • QV's investment approach that strategically positions the Fund through all economic cycles

Investment Approach

QV Investors Inc. believes in investing in quality companies with attractive valuations. Simply stated, the management team seeks better returns and lower valuations than the market. They do so by purchasing companies with above average returns on equity capital, but whose shares trade below their intrinsic value. This approach has consistently yielded superior risk-adjusted equity returns over the long-term.

The management team complements equity investing by selecting high quality fixed income securities with typically shorter-term bonds versus the index to create a stable income portfolio.

 

Portfolio Sub-Advisor

QV Investors Inc.

Portfolio Manager

Leigh Pullen, CFA

  • President, CIO and Portfolio Manager
  • Over 35 years investment experience

Darren Dansereau, CFA, CIM

  • Canadian Equity Portfolio Manager
  • Over 10 years of investment experience
  • Prior to joining QV Investors Inc., Darren held the role of Equity Trader & Research Analyst with Alberta Investment Management Corporation

Wendy Booker-Urban, BA (Econ.)

  • Vice-President, Private Client & Research Analyst
  • Responsible for managing QV's private client business and the fixed income portfolio
  • 18 years of investment experience

Inception Date: 3/15/2010

Net Assets: $74,389,405

Historical Total Returns (%) as at 04/30/2013

1 month3 months6 months1 year3 years5 years10 yearsInception
0.73.68.49.15.7--5.4

Calendar Year Returns (%)

2012201120102009200820072006200520042003
- - - - - - - - - -

Asset Mix

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Geographic Allocation

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Sector Allocation

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Top Ten Equity Holdings

Shoppers Drug Mart Corp.3.3%
ATCO Ltd., Class I, NV2.8%
Canadian Utilities Ltd., Class A, NV2.7%
Empire Co. Ltd., Class A, NV2.6%
Metro Inc.2.6%
Ensign Energy Services Inc.2.6%
Canadian Tire Corporation Ltd., Class A, NV2.4%
Bank of Nova Scotia2.4%
Power Financial Corp.2.2%
The Toronto-Dominion Bank2.2%
Portfolio information above as at: 04/30/2013

QV Investors assumed portfolio advisory responsibilities for the Fund as sub-advisor to Industrial Alliance Investment Management Inc. effective June 5, 2009. The Fund's investment strategy was changed as a result of this change. These changes could have affected the performance of the Fund.
Industrial Alliance Insurance and Financial Services Inc. is the sole issuer of the individual variable annuity contract providing for investment in IA Clarington GIFs. A description of the key features of the individual variable annuity contract is contained in the IA Clarington GIFs Information Folder. SUBJECT TO ANY APPLICABLE DEATH AND MATURITY GUARANTEE, ANY PART OF THE PREMIUM OR OTHER AMOUNT THAT IS ALLOCATED TO A SEGREGATED FUND IS INVESTED AT THE RISK OF THE OWNER AND MAY INCREASE OR DECREASE IN VALUE ACCORDING TO FLUCTUATIONS IN THE MARKET VALUE OF THE ASSETS OF THE SEGREGATED FUND. Commissions, service fees, management fees, insurance fees and expenses all may be associated with this investment.
The rates of return are the historical returns of Series A units of the underlying mutual fund including changes in security value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any policyholder that would have reduced returns, performance, rate of return, or yield. 
Segregated fund fees are higher than mutual fund fees because they include a management fee and an insurance fee component. Performance of the underlying mutual fund is not guaranteed, unit values change frequently and past performance may not be repeated.

Important information and disclaimer