IA Clarington Strategic Equity Income Fund Y
Quick Facts
NAVPS (5/21/2013) $22.81
2012 Total Distributions
| Income ($) |
- |
| Dividends ($) |
0.33
|
| Capital gains ($) |
- |
| Return of Capital ($) |
0.35 |
| Total distributions ($) |
0.69 |
Distribution Frequency: Monthly, 5.8¢ per
unit
MER:
12/31/2012 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.
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: 5/16/1994
Net Assets: $542,076,021Historical Total Returns (%) as at 04/30/2013
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| 1.3 | 4.6 | 10.3 | 12.1 | 5.8 | 1.9 | 6.6 | - |
Calendar Year Returns (%)
| 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
| 9.8 | -4.5 | 9.8 | 20.1 | -27.8 | 0.9 | 10.5 | 14.7 | 15.9 | 19.0 |
Asset Mix
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Geographic Allocation
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Sector Allocation
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Top Ten Holdings
| Johnson & Johnson | 3.3% |
| CCL Industries Inc., Class B, NV | 3.2% |
| Unilever PLC, ADR | 3.0% |
| Pfizer Inc. | 2.8% |
| Shaw Communications Inc., Class B, NV | 2.8% |
| Brookfield Infrastructure Partners LP | 2.7% |
| TransCanada Corp. | 2.7% |
| The Toronto-Dominion Bank | 2.6% |
| BCE Inc. | 2.5% |
| Suncor Energy Inc. | 2.5% |
Portfolio information above as at: 04/30/2013
The Fund's portfolio advisor or sub-advisor and investment
strategies changed on July 4, 2007 and on August 8, 2011. These
changes may have significantly impacted the Fund's performance.
*IA Clarington Investments Inc., manager of the IA Clarington Strategic Equity Income Fund Y (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 1.91%
Important information and disclaimer