IA Clarington Global Dividend GIF - Guarantee B
Quick Facts
NAVPS (5/18/2012) $6.41
Guarantee Options:
A: 100% death/100% maturity
B: 100% death/75% maturity
Underlying Fund:
IA Clarington Global Dividend Fund
GIF Inception Date:
May 2007
MER:
12/31/2011 3.71%
Fund Numbers:
|
Front |
DSC |
| Guarantee A |
IAC 1850 |
IAC 1860 |
| Guarantee B |
IAC 1870 |
IAC 1880
|
Key reasons to invest
- Underlying portfolio manager Fortis
Investments identifies and selects stocks with high,
sustainable and increasing dividends.
- Currency hedging reduces the volatility of returns (source
Fortis).
Investment Approach
The underlying fund managers select shares of predominantly
defensive companies with high, stable and, preferably rising
dividend yields. The quality of the companies' management also
plays a key role in the analysis. These factors, together with the
stock's valuation, ultimately determine which companies make it
through the team's selection process
Portfolio Sub-Advisor
BNP Paribas Investment Partners Canada Ltd.**
Portfolio Manager
Wouter Weijand
- Wouter has over 23 years of investment experience over a broad
range of products and is Senior Vice President.
- He initiated the High Income Equity late 2002 and was the
architect of this new equity investment style within Fortis
Investments.
- Wouter acts as global head, leading the teams in Chicago, Hong
Kong and Amsterdam.
Inception Date: 5/4/2007
Net Assets: $1,274,285Compound Annual Returns (%) as at 04/30/2012
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| -1.2 | 3.0 | 5.1 | -5.0 | 9.6 | - | - | -7.6 |
Calendar Year Returns (%)
| 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
| -5.5 | 7.7 | 14.0 | -40.9 | - | - | - | - | - | - |
Asset Mix
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Geographic Allocation
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Sector Allocation
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Top Ten Holdings
| Royal Dutch Shell PLC, Class A | 2.3% |
| Chevron Corp. | 2.1% |
| Roche Holdings AG | 2.0% |
| Vodafone Group PLC | 2.0% |
| HSBC Holdings PLC | 2.0% |
| Bayer AG | 1.7% |
| Novartis AG, Registered | 1.6% |
| Procter & Gamble Co. | 1.6% |
| Imperial Tobacco Group PLC | 1.3% |
| General Electric Co. | 1.3% |
Portfolio information above as at: 04/30/2012
** Previously named Fortis Investment Management Canada
Limited
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 T6 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