IA Clarington Canadian Dividend Fund X
Quick Facts
NAVPS (5/17/2013) $3.68
2012 Total Distributions:
| Income ($) |
- |
| Dividends ($) |
-
|
| Capital gains ($) |
- |
| Return of Capital ($) |
0.47 |
| Total distributions ($) |
0.47 |
This series is currently closed to new purchases, other than
under certain systematic plans or switches from Series A units of
the Fund.
Distribution Frequency: Monthly, 3.8¢ per
unit
MER:
12/31/2012 2.75%*
Fund Numbers:
|
Front |
Back |
Low |
Series F |
| $Cdn |
8511 |
8512 |
8513 |
- |
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 balance sheet
and excellent management. The portfolio is comprised of securities
representing mostly large, well-known Canadian companies that
endeavour to payregular and rising dividends.
Portfolio Advisor
Industrial Alliance Investment Management Inc.
Portfolio Manager
Gil Lamothe, CFA
- Portfolio Manager
- 13 years of investment experience
- Member of the IAIM Canadian equity team
- Bachelor of Commerce, Laurentian University
- Watch Gil Lamothe's interview on the IA Clarington Video
Showcase.
Inception Date: 12/1/2008
Net Assets: $864,561,144Historical Total Returns (%) as at 04/30/2013
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| -1.2 | 0.1 | 3.8 | 5.3 | 4.3 | - | - | 11.1 |
Calendar Year Returns (%)
| 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
| 7.3 | -4.3 | 11.7 | 28.3 | - | - | - | - | - | - |
Asset Mix
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Geographic Allocation
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Sector Allocation
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Top Ten Holdings
| Royal Bank of Canada | 6.4% |
| The Toronto-Dominion Bank | 6.2% |
| Bank of Montreal | 5.2% |
| Canadian National Railway Co. | 4.9% |
| Canadian Imperial Bank of Commerce | 4.7% |
| TransCanada Corp. | 4.5% |
| Enbridge Inc. | 4.4% |
| Bank of Nova Scotia | 4.4% |
| BCE Inc. | 3.8% |
| Suncor Energy Inc. | 3.2% |
Portfolio information above as at: 04/30/2013
Distributions on this series may include a significant return of
capital, which can erode the value of your investment.
*IA Clarington Investments Inc., manager of the IA Clarington Canadian Dividend Fund X (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 12/31/2012. The actual MER of the this series of the Fund before waivers and or absorptions is 2.76%
Important information and disclaimer