IA Clarington Strategic Equity Income Fund Y
Quick Facts
NAVPS (2/6/2012) $20.21
Distribution Frequency: Monthly, 5.8¢ per
unit
MER:
06/30/2011 1.89%
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 a Lipper Award during his tenure as portfolio
manager
- MBA, University of Windsor
Inception Date: 5/1/1994
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 | 7.1 | -5.4 | -4.5 | 8.0 | -1.7 | 5.3 | - |
Calendar Year Returns (%)
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| 9.8 | 20.1 | -27.8 | 0.9 | 10.5 | 14.7 | 15.9 | 19.0 | 4.6 | 13.0 |
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 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