IA Clarington Monthly Income Balanced Fund X
Quick Facts
NAVPS (5/24/2013) $12.16
2012 Total Distributions:
| Income ($) |
- |
| Dividends ($) |
0.04 |
| Capital gains ($) |
- |
| Return of Capital ($) |
-
|
| Total distributions ($) |
0.04 |
Distribution Frequency: Annually
MER:
12/31/2012 2.18%*
Fund Numbers:
|
Front |
Back |
Low |
Series F |
| $Cdn |
3608
|
3609
|
3610
|
- |
Key reasons to invest
- Seeks a consistent stream of income while maintaining some
potential for capital growth
- Potential tax efficiency of distributions
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
- Over 15 years of investment experience
- Member of the IAIM Canadian equity team
- MBA Finance, Laval University
Louis Gagnon, CFA
- Portfolio Manager
- Over 19 years of investment experience
- Member of the IAIM fixed income team
- Bachelor's Degreee Business Administration and in Economics,
Laval University
Performance Start Date (PSD): 6/5/2009
Net Assets: $205,207,709Historical Total Returns (%) as at 04/30/2013
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Since PSD |
| -0.8 | 0.6 | 3.3 | 5.7 | 4.1 | - | - | 6.6 |
Calendar Year Returns (%)
| 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
| 6.2 | -4.2 | 11.0 | - | - | - | - | - | - | - |
Asset Mix
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Geographic Allocation
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Sector Allocation
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Top Ten Holdings
| SPDR S&P 500 ETF Trust, Series 1 | 7.0% |
| Royal Bank of Canada | 2.9% |
| The Toronto-Dominion Bank | 2.8% |
| Bank of Nova Scotia | 2.6% |
| Suncor Energy Inc. | 2.0% |
| Enbridge Inc. | 1.7% |
| Canadian National Railway Co. | 1.5% |
| Canadian Natural Resources Ltd. | 1.4% |
| Bank of Montreal | 1.4% |
| TransCanada Corp. | 1.3% |
Portfolio information above as at: 04/30/2013
Returns are calculated, and year-by-year returns are shown, from
June 5, 2009, the date of a material fund merger.
*IA Clarington Investments Inc., manager of the IA Clarington Monthly Income Balanced 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 2.19%
Important information and disclaimer