IA Clarington Global Value GIF - Guarantee B
Quick Facts
NAVPS (5/18/2012) $6.27
Guarantee Options:
A: 100% death/100% maturity
B: 100% death/75% maturity
Underlying Fund:
IA Clarington Global Value Fund
GIF Inception Date:
May 2007
MER:
12/31/2011 3.53%
Fund Numbers:
|
Front |
DSC |
|
Guarantee A |
IAC 203 |
IAC 1303 |
|
Guarantee B |
IAC 1403 |
IAC 1503
|
Key reasons to invest
- Diversified fund of mainly large capitalization companies
possessing steady, sustainable earnings growth potential at a
reasonable value
- Disciplined, long term investment process
- Add value with global diversification
Investment Approach
The underlying Fund uses a combination of top-down analysis for
geographic and sector allocation, and bottom-up analysis for
security selection. Selects equity securities from issuers
considered to be leaders in their respective industries that
possess above average earnings growth and stability, management
quality and experience, as well as overall market share. The
portfolio managers assess the growth potential of each industry and
economic region, including the specific product(s), market size, as
well as their relationship to the long-term economic growth
potential of various economic regions.
Portfolio Advisor
Industrial Alliance Investment Management Inc
Portfolio Manager
Sevgi Ipek, CFA
- Lead Portfolio Manager for international equities
- More than 23 years of investment industry experience
- Prior to joining IAIM, Ms. Ipek managed more than $4 billion
for a large Canadian pension fund
- M.Sc. Economics, Université Catholique de Louvain, Belgium
Pierre Chapdelaine, CFA
- Co-Manager for international equities
- More than 16 years investment industry experience
- Most recently managed assets for the Caisse de dépôt et
placement du Québec pension fund as part of the EAFE team
- MBA in Finance and Accounting, University of Notre Dame
Pierre Trottier, CFA
- Lead Portfolio Manager for U.S. equities
- More than 13 years of investment industry experience
- MBA in Finance, Laval Unive
Inception Date: 5/4/2007
Net Assets: $216,410Compound Annual Returns (%) as at 04/30/2012
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| -2.3 | 3.4 | 6.4 | -5.4 | 4.4 | - | - | -7.8 |
Calendar Year Returns (%)
| 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
| -10.4 | 4.3 | 5.8 | -30.0 | - | - | - | - | - | - |
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
| Microsoft Corp. | 2.5% |
| Apple Inc. | 2.4% |
| Exxon Mobil Corp. | 1.5% |
| Pepsico Inc. | 1.4% |
| Novartis AG, Registered | 1.2% |
| Nestlé SA | 1.1% |
| JPMorgan Chase & Co. | 1.1% |
| Intel Corp. | 1.1% |
| Pfizer Inc. | 1.1% |
| Merck & Co., Inc. | 1.1% |
Portfolio information above as at: 04/30/2012
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.
Effective July 9, 2009, Global Currents Investment Management, LLC
was removed as portfolio sub-advisor. Industrial Alliance
Investment Management Inc. continues as portfolio advisor.
The Fund's investment strategies were changed as a result.
These changes could have affected the performance of the
Fund.
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