IA Clarington Global Equity GIF - Guarantee A
Quick Facts
NAVPS (2/6/2012) $6.91
Guarantee Options:
A: 100% death/100% maturity
B: 100% death/75% maturity
Underlying Fund:
IA Clarington Global Equity Fund
GIF Inception Date:
May 2007
MER:
12/31/2010 4.05%
Fund Numbers:
|
Front |
DSC |
| Guarantee A |
IAC 340 |
IAC 341 |
| Guarantee B |
IAC 342 |
IAC 343
|
Key reasons to invest
- Award Winning Manager**
- Seeks to provide diversification by investing in equity
securities around the world
- May invest in securities of smaller, less well-known companies
as well as those of large, well-known companies for additional
growth potential
Investment Approach
The Portfolio Manager employs a rigorous bottom-up strategy by
investing in companies trading at a substantial discount to their
estimated net asset value aiming to provide a margin of safety to
investors. After careful research, the Porfolio Manager
selects out-of-favour investments of any market capitalization from
many different industries and countries, seeking to enhance return
potential and reduce risks.
Portfolio Sub-Advisor
Radin Capital Partners Inc.
Portfolio Manager
Brad Radin, CFA, MBA
- CEO & CIO of Radin Capital Partners Inc.
- Over 15 years of investment experience
- A strong track record managing portfolios of small and mid
capitalization stocks. Prior to joining IA Clarington, Brad
managed over $3.5 billion in assets at a very large Canadian mutual
fund company. At that company, he won the 2010 Lipper Award
for 3 year performance in the Global Small/Mid Cap equity
category.
Inception Date: 5/4/2007
Net Assets: $1,285,579Compound Annual Returns (%) as at 12/31/2011
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| -5.3 | 0.2 | -13.7 | -11.6 | 1.4 | - | - | -9.1 |
Calendar Year Returns (%)
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| 6.7 | 10.5 | -28.9 | - | - | - | - | - | - | - |
Asset Mix
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Geographic Allocation
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Sector Allocation
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Top Ten Holdings
| Arkansas Best Corp. | 4.3 % |
| Aberdeen Asset Management PLC | 4.2 % |
| Janus Capital Group Inc. | 4.1 % |
| Panalpina Welttransport (Holding) AG | 3.9 % |
| Bellway PLC | 3.9 % |
| Artio Global Investors Inc. | 3.9 % |
| Callaway Golf Co. | 3.8 % |
| Peak Sport Products Co. Ltd. | 3.8 % |
| HudBay Minerals Inc. | 3.8 % |
| Bovis Homes Group PLC | 3.8 % |
| 39.5 % |
Portfolio information above as at: 12/31/2011 12:00:00 AM
Radin Capital Partners Inc. assumed portfolio sub-advisory
responsibilities for the Fund effective November 30, 2011. The
Fund's investment strategies changed as a result. These changes may
have affected the performance of the Fund.
The performance data contained herein reflects the performance of
the Fund under the management of the Fund's former sub-advisor,
Oppenheimer Funds Inc.
**While employed at a very large Canadian mutual fund company,
Brad was lead manager of a fund that was recognized at the 2010
Lipper Awards for best performance over three years in the Global
Small/Mid Cap Equity category.
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