IA Clarington Tactical Income GIF - Guarantee A
Quick Facts
NAVPS (2/3/2012) $10.80
Guarantee Options:
A - 100% death/100% maturity
B - 100% death/75% maturity
Underlying Fund:
IA Clarington Tactical Income Fund
GIF Inception Date:
March 2010
MER:
12/31/2010 3.48%
Fund Numbers:
|
Front |
DSC |
|
Guarantee A |
IAC 920 |
IAC 921 |
|
Guarantee B |
IAC 1920 |
IAC 1921
|
Key reasons to invest
- Award winning manager †
- Seeks to achieve a steady flow of income
Investment Approach
The portfolio manager uses a Growth at a Reasonable Price (GARP)
investment style and seeks out companies with a strong competitive
position, strong balance sheet and stable management. The Fund will
generally be diversified across various sectors and asset classes.
The fixed income portion of the portfolio will usually have a
target duration of between three and seven years, although
individual fixed income securities may deviate from this
target.
Portfolio Sub-Advisor
Aston Hill Investments Inc.*
Portfolio Manager
Ben Cheng, CFA
- President, CIO and Portfolio Manager
- Over 19 years of investment experience
- Mr. Cheng has extensive portfolio management experience in both
equity and fixed income markets and, prior to joining Aston Hill,
built an impressive track record as a portfolio manager at a very
large Canadian mutual fund company. At that company, Mr. Cheng
managed more than $7 billion in two mutual funds, each of which
received a Canadian Investment Award during his tenure as portfolio
manager
Inception Date: 3/11/2010
Net Assets: $61,089,150Compound Annual Returns (%) as at 12/31/2011
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| 1.0 | 4.4 | -3.8 | -2.6 | - | - | - | 2.9 |
Calendar Year Returns (%)
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| - | - | - | - | - | - | - | - | - | - |
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
| Gibson Energy ULC | 1.5 % |
| PPL Corp., Pfd. | 1.4 % |
| Brookfield Asset Management Inc., Class A, LV | 1.3 % |
| RioCan Real Estate Investment Trust | 1.3 % |
| Dundee International Real Estate Investment Trust | 1.2 % |
| Inter Pipeline Fund, Class A | 1.2 % |
| Suncor Energy Inc. | 1.2 % |
| Occidental Petroleum Corp. | 1.1 % |
| Precision Drilling Corp. | 1.1 % |
| Vermilion Energy Inc. | 1.1 % |
| 12.4 % |
Portfolio information above as at: 12/31/2011 12:00:00 AM
*formerly know as Catapult Financial Management Inc.
† At the Canadian Investment Awards.
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