IA Clarington Canadian Small Cap GIF - Guarantee A
Quick Facts
NAVPS (2/6/2012) $9.81
Guarantee Options:
A: 100% death/100% maturity
B: 100% death/75% maturity
Underlying Fund:
IA Clarington Canadian Small Cap Fund
GIF Inception Date:
May 2007
MER:
12/31/2010 4.11%
Fund Numbers:
|
Front |
DSC |
| Guarantee A |
IAC 520 |
IAC 521 |
| Guarantee B |
IAC 522 |
IAC 523
|
Key reasons to invest
- Co-winner of the 2005, 2006 and 2007 Canadian Small Cap
Equity Fund of the Year Award at the Canadian Investment
Awards*.
- Focused portfolio of 35 to 45 names with an emphasis on
dividend yield.
- Individual sector weights generally kept under 25% of the
portfolio to ensure diversification.
Investment Approach
QV Investors Inc. evaluates candidates for the underlying
fund based on top-down, bottom-up, value and growth analysis. The
managers' key criterion for selection is quality growth stressing
that they look at the merits of a company before even looking at
the sector. QV Investors identifies and typically invests in
stocks with lower valuations that are growing at higher rates than
the market.
Portfolio Sub-Advisor
QV Investors Inc.
Portfolio Manager
Leigh Pullen, CFA
- President, CIO and Portfolio Manager
- 37 years investment experience
Ian Cooke, CFA
- Portfolio Manager
- Bachelor of Commerce in Finance
- Joined QV Investors in 2006
- Previously with Savoy Capital as a research analyst
Joe Jugovic, CFA
- Portfolio Manager
- 9 years investment experience
- Previously with a Calgary-based investment management firm
Inception Date: 5/4/2007
Net Assets: $8,276,471Compound Annual Returns (%) as at 12/31/2011
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| 1.1 | 4.2 | -5.9 | -4.4 | 11.2 | - | - | -1.9 |
Calendar Year Returns (%)
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| 12.6 | 27.7 | -32.6 | - | - | - | - | - | - | - |
Asset Mix
You need to upgrade your Flash Player
Geographic Allocation
You need to upgrade your Flash Player
Sector Allocation
You need to upgrade your Flash Player
Top Ten Holdings
| CCL Industries Inc., Class B, NV | 4.2 % |
| Laurentian Bank of Canada | 4.1 % |
| Winpak Ltd. | 4.1 % |
| AltaGas Ltd. | 4.0 % |
| Maple Leaf Foods Inc. | 4.0 % |
| Empire Co. Ltd., Class A, NV | 3.8 % |
| Pason Systems Inc. | 3.7 % |
| Transcontinental Inc., Class A, SV | 3.7 % |
| Crombie Real Estate Investment Trust | 3.7 % |
| Astral Media Inc., Class A, NV | 3.6 % |
| 38.9 % |
Portfolio information above as at: 12/31/2011 12:00:00 AM
**Award received by underlying mutual fund, IA Clarington
Canandian Small Cap 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. Please read the Information Folder before
investing.
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