IA Clarington Monthly Income Balanced Fund T8
Quick Facts
NAVPS (2/6/2012) $6.13
2010 Total Distributions:
| Income ($) |
- |
| Dividends ($) |
0.04 |
| Capital gains ($) |
- |
| Return of Capital ($) |
0.49 |
| Total distributions ($) |
0.53 |
Distribution Frequency: Monthly, 4.4¢ per
unit
MER:
06/30/2011 2.3%*
Fund Numbers:
|
Front |
Back |
Low |
Series F |
| $Cdn |
1711 |
1811 |
611 |
- |
Key reasons to invest
- Seeks a consistent stream of income while maintaining some
potential for capital growth
- Potential tax efficiency of distributions
- Target a 8% annual distribution rate paid monthly
Investment Approach
The Fund will invest in a combination of fixed income, equity
securities and cash. The manager will adjust the percentage
invested in each asset class based on changes in the market.
Portfolio Advisor
Industrial Alliance Investment Management Inc.
Portfolio Manager
Marc Gagnon, CFA
- Portfolio Manager
- 15 years of investment experience
- Member of the IAIM Canadian equity team
- MBA Finance, Laval University
Louis Gagnon, CFA
- Portfolio Manager
- 19 years of investment experience
- Member of the IAIM fixed income team
- Bachelor's Degreee Business Administration and in Economics,
Laval University
Inception Date: 7/31/1998
Net Assets: $223,324,967Compound Annual Returns (%) as at 12/31/2011
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| -0.9 | 3.1 | -4.4 | -4.3 | - | - | - | - |
Calendar Year Returns (%)
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| 10.8 | - | - | - | - | - | - | - | - | - |
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 | 2.7 % |
| The Toronto-Dominion Bank | 2.5 % |
| Suncor Energy Inc. | 2.0 % |
| Bank of Nova Scotia | 2.0 % |
| Barrick Gold Corp. | 1.9 % |
| Canadian Natural Resources Ltd. | 1.8 % |
| iShares CDN S&P/TSX 60 Index Fund | 1.5 % |
| Goldcorp Inc. | 1.4 % |
| Bank of Montreal | 1.4 % |
| Potash Corporation of Saskatchewan Inc. | 1.3 % |
| 18.5 % |
Portfolio information above as at: 12/31/2011 12:00:00 AM
On June 5, 2009, the Fund underwent a merger that was a material
change for the Fund under applicable securities laws. As such, in
accordance with such laws, we may only disclose performance for
periods after June 5, 2009. Securities laws prohibit the publishing
of performance information for funds with a track record less than
one year.
In December 2001, the Fund changed its investment objectives and
policies to the investment objectives and policies described in the
prospectus. This change could have affected the performance of the
Fund.
*IA Clarington Investments Inc., manager of the IA Clarington Monthly Income Balanced Fund T8 (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 2.31%
Important information and disclaimer