IA Clarington Canadian Dividend Fund A

Quick Facts

NAVPS (2/6/2012) $4.31

2010 Total Distributions

Income ($) -
Dividends ($) -
Capital gains ($) -
Return of Capital ($) 0.61
Total distributions ($) 0.61

On May 7, 2008, Series A units of IA Clarington Canadian Dividend Fund were closed to new purchasers, other than investors who purchase under pre-existing systematic plans.


Distribution Frequency: Monthly


MER: 06/30/2011 2.76%*

Fund Numbers:

$Cdn
Front Back Low Series F
Series A
510 511 970 1310
 

Key reasons to invest

  • Dividend-focused mandate emphasizes capital appreciation and income
  • Long-term investment focus provides low turnover and tax efficiency

Investment Approach

The portfolio manager employs a top-down economic view as well as a bottom-up fundamental analysis. The manager selects and identifies stocks that offer good valuation, strong balanced sheet and excellent management. The portfolio is comprised of securities representing mostly large, well-known Canadian companies that endeavour to pay regular and rising dividends.

 

Portfolio Advisor

Industrial Alliance Investment Management Inc.

Advisor Logo

Portfolio Manager

Gil Lamothe, CFA

  • Portfolio Manager
  • 13 years of investment experience
  • Member of the IAIM Canadian equity team
  • Bachelor of Commerce, Laurentian University
  • Meet Gil Lamothe's interview on the IA Clarington Video Showcase.

Inception Date: 9/13/1999

Net Assets: $1,071,170,417

Compound Annual Returns (%) as at 12/31/2011

1 month3 months6 months1 year3 years5 years10 yearsInception
0.13.4-6.4-4.311.10.43.74.7

Calendar Year Returns (%)

2010200920082007200620052004200320022001
11.728.3-28.13.315.38.66.115.5-8.03.7

Asset Mix

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Geographic Allocation

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Sector Allocation

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Top Ten Holdings

Royal Bank of Canada6.9 %
The Toronto-Dominion Bank5.5 %
Barrick Gold Corp.5.3 %
Bank of Montreal4.8 %
Canadian National Railway Co.4.7 %
Canadian Imperial Bank of Commerce4.6 %
TransCanada Corp.4.6 %
Bank of Nova Scotia4.3 %
Enbridge Inc.3.7 %
BCE Inc.3.4 %
47.8 %
Portfolio information above as at: 12/31/2011 12:00:00 AM

On May 7, 2008 Series A units of the Fund were closed to new purchasers, other than investors who purchase under pre-existing systematic plans.
On April 1, 2006, Industrial Alliance Investment Management Inc. assumed portfolio advisory responsibilities for the Fund. The Fund's investment strategy was changed as a result of this change. These changes could have affected the performance of the Fund.

*IA Clarington Investments Inc., manager of the IA Clarington Canadian Dividend Fund A (the "Fund"), currently waives some of its management fees or absorbs some expenses that would normally be charged to the Fund. This is done at the manager’s discretion, and may continue for an indeterminate period of time but may also be terminated at any time. The management expense ratio ("MER") for this series of the Fund published above is calculated after waivers and absorptions have been taken into account, using information available from the interim period ending 06/30/2011. The actual MER of the this series of the Fund before waivers and or absorptions is 2.77%
Important information and disclaimer