IA Clarington Strategic Equity Income Fund T6
Quick Facts
NAVPS (2/6/2012) $6.94
Distribution Frequency: Monthly, 3.2¢ per
unit
MER:
06/30/2011 2.41%*
Fund Numbers:
| Front |
Back |
Low |
Series F |
Series E6 |
| 2820 |
2821 |
2994 |
1507 |
3505 |
Key reasons to invest
- Award winning manager††
- Equity income mandate emphasizes capital appreciation and
income
- An investment approach that endeavours to strategically
position the Fund through all market conditions
Investment Approach
The fund manager employs a rigorous bottom-up strategy with a 12
to 18 month strategic outlook on the markets with a view to invest
in income producing equities demonstrating strong fundamentals
while aiming to minimize volatility through all market
conditions.
Portfolio Sub-Advisor
IA Clarington Investments Inc.
Portfolio Manager
Dan Bastasic, CFA, MBA
- Senior Vice President & Portfolio Manager
- Over 15 years of investment experience
- Mr. Bastasic has extensive portfolio management experience in
both equity and fixed income markets and, prior to joining IA
Clarington, built an impressive track record as a portfolio manager
at a very large Canadian mutual fund company. At that company, Mr.
Bastasic managed mutual funds with a combined $2.8 billion in
assets under management, with one of the funds under his
stewardship receiving a Lipper Award during his tenure as portfolio
manager
- MBA, University of Windsor
Inception Date: 10/2/2006
Net Assets: $503,251,180Compound Annual Returns (%) as at 12/31/2011
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| 1.7 | 7.0 | -5.6 | -5.0 | 7.5 | -2.2 | - | -1.4 |
Calendar Year Returns (%)
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| 9.3 | 19.6 | -28.1 | 0.5 | - | - | - | - | - | - |
Asset Mix
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Geographic Allocation
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Sector Allocation
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Top Ten Holdings
| Canadian Oil Sands Ltd. | 3.2 % |
| Russel Metals Inc. | 2.9 % |
| Corus Entertainment Inc., Class B, NV | 2.9 % |
| The Toronto-Dominion Bank | 2.8 % |
| Canadian Imperial Bank of Commerce | 2.7 % |
| Pfizer Inc. | 2.6 % |
| Unilever PLC, ADR | 2.6 % |
| Johnson & Johnson | 2.5 % |
| Suncor Energy Inc. | 2.5 % |
| Vodafone Group PLC, Sponsored ADR | 2.3 % |
| 27.0 % |
Portfolio information above as at: 12/31/2011 12:00:00 AM
††While employed at a very large Canadian mutual fund company,
Dan was lead manager of a fund that was recognized at the 2011
Lipper awards for best performance over one year in the Canadian
Neutral Balanced Category.
On August 8, 2011, IA Clarington Investments Inc. assumed
portfolio sub-advisory duties for the Fund. Also on that date, IA
Clarington Dividend Income Fund was renamed IA Clarington Strategic
Equity Income Fund.
*IA Clarington Investments Inc., manager of the IA Clarington Strategic Equity Income Fund T6 (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 2.51%
Important information and disclaimer