IA Clarington Strategic Equity Income Fund Y

Quick Facts

NAVPS (5/18/2012) $19.59

Distribution Frequency: Monthly, 5.8¢ per unit


MER: 12/31/2011 1.9%

Fund Numbers:

$Cdn Front Back Low
Series Y 707 807 607

 

 

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.

Advisor Logo

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 an award during his tenure as portfolio manager
  • MBA, University of Windsor

Inception Date: 5/1/1994

Net Assets: $512,076,964

Compound Annual Returns (%) as at 04/30/2012

1 month3 months6 months1 year3 years5 years10 yearsInception
0.33.77.9-3.311.2-1.65.4-

Calendar Year Returns (%)

2011201020092008200720062005200420032002
-4.59.820.1-27.80.910.514.715.919.04.6

Asset Mix

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Geographic Allocation

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Sector Allocation

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Top Ten Holdings

Suncor Energy Inc.3.4%
Corus Entertainment Inc., Class B, NV3.1%
CCL Industries Inc., Class B, NV2.8%
Russel Metals Inc.2.7%
Unilever PLC, ADR2.5%
Shaw Communications Inc., Class B, NV2.5%
National Bank of Canada2.4%
The North West Company Inc.2.4%
Johnson & Johnson2.4%
Brookfield Infrastructure Partners LP2.3%
Portfolio information above as at: 04/30/2012

On August 8, 2011, IA Clarington Investments Inc. assumed portfolio sub-advisory duties of the Fund. Also on that date, IA Clarington Dividend Income Fund was renamed IA Clarington Strategic Equity Income Fund and Series T4 units were re-designated as Series Y units of the Fund.

Important information and disclaimer