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: $542,076,021

Historical Total Returns (%) as at 04/30/2013

1 month3 months6 months1 year3 years5 years10 yearsInception
1.34.610.312.15.81.96.6-

Calendar Year Returns (%)

2012201120102009200820072006200520042003
9.8-4.59.820.1-27.80.910.514.715.919.0

Asset Mix

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Geographic Allocation

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Sector Allocation

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Top Ten Holdings

Johnson & Johnson3.3%
CCL Industries Inc., Class B, NV3.2%
Unilever PLC, ADR3.0%
Pfizer Inc.2.8%
Shaw Communications Inc., Class B, NV2.8%
Brookfield Infrastructure Partners LP2.7%
TransCanada Corp.2.7%
The Toronto-Dominion Bank2.6%
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