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.
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: $512,076,964Compound Annual Returns (%) as at 04/30/2012
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| 0.3 | 3.7 | 7.9 | -3.3 | 11.2 | -1.6 | 5.4 | - |
Calendar Year Returns (%)
| 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
| -4.5 | 9.8 | 20.1 | -27.8 | 0.9 | 10.5 | 14.7 | 15.9 | 19.0 | 4.6 |
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, NV | 3.1% |
| CCL Industries Inc., Class B, NV | 2.8% |
| Russel Metals Inc. | 2.7% |
| Unilever PLC, ADR | 2.5% |
| Shaw Communications Inc., Class B, NV | 2.5% |
| National Bank of Canada | 2.4% |
| The North West Company Inc. | 2.4% |
| Johnson & Johnson | 2.4% |
| Brookfield Infrastructure Partners LP | 2.3% |
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