IA Clarington Canadian Balanced Fund A
Quick Facts
NAVPS (2/3/2012) $17.47
2010 Total Distributions:
| Income ($) |
0.14 |
| Dividends ($) |
-
|
| Capital gains ($) |
- |
| Return of Capital ($) |
- |
| Total distributions ($) |
0.14 |
Distribution Frequency: Annually
MER:
06/30/2011 2.42%
Fund Numbers:
|
Front |
Back |
Low |
Series F |
| $Cdn |
400 |
401 |
955 |
1410 |
Key reasons to invest
- Proven portfolio management over extended time periods
- QV's Commitment to protect capital during volatile markets
- QV's investment approach that strategically positions the Fund
through all economic cycles
Investment Approach
QV Investors Inc. believes in
investing in quality companies with attractive valuations. Simply
stated, the management team seeks better returns and lower
valuations than the market. They do so by purchasing companies with
above average returns on equity capital, but whose shares trade
below their intrinsic value. This approach has consistently yielded
superior risk-adjusted equity returns over the long-term.
The management team complements
equity investing by selecting high quality fixed income securities
with typically shorter-term bonds versus the index to create a
stable income portfolio.
Portfolio Sub-Advisor
QV Investors Inc.
Portfolio Manager
Leigh Pullen, CFA
- Chairman, CIO and Portfolio Manager
- Over 35 years investment experience
Darren Dansereau, CFA, CIM
- Canadian Equity Portfolio Manager
- Over 10 years of investment experience
- Prior to joining QV Investors Inc., Darren held the role of
Equity Trader & Research Analyst with Alberta Investment
Management Corporation
Wendy Booker-Urban, BA (Econ.)
- Vice-President, Private Client & Research Analyst
- Responsible for managing QV's private client business and the
fixed income portfolio
- 18 years of investment experience
Inception Date: 9/24/1996
Net Assets: $381,230,463Compound Annual Returns (%) as at 12/31/2011
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| 1.6 | 3.5 | -2.3 | 0.5 | 10.3 | 1.4 | 2.8 | 5.3 |
Calendar Year Returns (%)
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| 9.3 | 22.0 | -21.5 | 1.9 | 9.8 | 7.1 | 3.2 | 10.6 | -8.6 | 2.7 |
Asset Mix
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Geographic Allocation
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Sector Allocation
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Characteristics of the Fund
| AA | Average rating - Bonds |
| 6.49 years | Average term |
| 5.17 years | Modified duration |
| 0.0324 | Average coupon |
| 0.0324 | Yield at cost |
| 0.0241 | Yield at market value |
Top Ten Holdings
| Astral Media Inc., Class A, NV | 3.1 % |
| BCE Inc. | 3.1 % |
| Canadian Utilities Ltd., Class A, NV | 3.1 % |
| Metro Inc., Class A | 3.0 % |
| Rogers Communications Inc., Class B, NV | 2.8 % |
| TELUS Corp., NV | 2.7 % |
| Canadian National Railway Co. | 2.2 % |
| Canadian Tire Corporation Ltd., Class A, NV | 2.1 % |
| Bombardier Inc., Class B, SV | 2.0 % |
| Domtar Corp. | 1.9 % |
| 26.0 % |
Portfolio information above as at: 12/31/2011 12:00:00 AM
QV Investors assumed portfolio advisory responsibilities for the
Fund as sub-advisor to Industrial Alliance Investment Management
Inc. effective June 5, 2009. The Fund's investment strategy was
changed as a result of this change. These changes could have
affected the performance of the Fund.
On April 1, 2006, Howson Tattersall Investment Counsel Limited
assumed portfolio advisory responsibilities for the Fund as
sub-advisor to Industrial Alliance Investment Management Inc. The
Fund's investment strategy was changed as a result of this change.
These changes could have affected the performance of the Fund.
Important information and disclaimer