IA Clarington Tactical Income Fund A

Quick Facts

NAVPS (9/1/2010) $12.04

Distribution Frequency: Annually


MER: 12/31/2009 Series A 2.53%


Fund Numbers:

$Cdn Front Back Low Series F
Series A 550 551 552 442
 

Key reasons to invest

  • Award winning manager †
  • A flexible approach to generating income

Investment Approach

The portfolio manager uses a Growth at a Reasonable Price (GARP) investment style and seeks out companies with a strong competitive position, strong balance sheet and stable management. The Fund will generally be diversified across various sectors and asset classes. The fixed income portion of the portfolio will usually have a target duration of between three and seven years, although individual fixed income securities may deviate from this target.

 

Portfolio Sub-Advisor

Catapult Financial Management Inc. a wholly owned subsidiary of Aston Hill Financial Inc.

Advisor Logo

Portfolio Manager

Ben Cheng, CFA

  • President, CIO and Portfolio Manager of Aston Hill Financial Inc.
  • Over 19 years of investment experience
  • Mr. Cheng has extensive portfolio management experience in both equity and fixed income markets and, prior to joining Aston Hill, built an impressive track record as a portfolio manager at a very large Canadian mutual fund company. At that company, Mr. Cheng managed more than $7 billion in two mutual funds, each of which received a Canadian Investment Award during his tenure as portfolio manager

Inception Date: 7/6/2009

Net Assets: $1,304,063,574

Compound Annual Returns (%) as at 07/31/2010

1 month3 months6 months1 year3 years5 years10 yearsInception
2.9-2.52.817.2---18.4

Calendar Year Returns (%)

2009200820072006200520042003200220012000
- - - - - - - - - -

Asset Mix

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Geographic Allocation

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Sector Allocation

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Top Ten Holdings

Crescent Point Energy Corp.2.1 %
Pengrowth Energy Trust1.2 %
Dollarama Inc.1.2 %
Dollar General Corp.1.1 %
Cineplex Galaxy Income Fund1.1 %
Homburg Canada Real Estate Investment Trust1.1 %
Baytex Energy Trust1.0 %
TransGlobe Apartment Real Estate Investment Trust1.0 %
Northland Power Income Fund1.0 %
Daylight Energy Ltd.1.0 %
11.8 %
Portfolio information above as at: 07/31/2010

IA Clarington Tactical Income Fund Series A was launched on July 13, 2009. For fund series less than one year old, we are not permitted to show performance.
† At the Canadian Investment Awards.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing.

Any indicated rates of return are the historical annual compounded total returns including changes in security value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns.

On November 17, 2006, Industrial Alliance Investment Management Inc. assumed portfolio advisory responsibilities for the Fund. The Fund's investment strategy was changed as a result of this change. These changes could have affected the performance of the Fund.

* The payment of distributions and distribution breakdown is not guaranteed and may fluctuate. The payment of distributions should not be confused with a fund's performance, rate of return, or yield. If distributions paid by the fund are greater than the performance of the fund, then your original investment will shrink. Distributions paid as a result of capital gains realized by a fund and income and dividends earned by a fund are taxable in your hands in the year they are paid. Your adjusted cost base will be reduced by the amount of any returns of capital. If your adjusted cost base goes below zero, then you will have to pay capital gains tax on the amount below zero. For more information about the Fund's distribution policy and the conditions under which the distribution rate shown may change, please refer to the simplified prospectus.

Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

The IA Clarington Funds and IA Clarington Target Click Funds are managed by IA Clarington Investments Inc. IA Clarington is a trademark of IA Clarington Investments Inc. and the IA Clarington logo is a trademark of Industrial Alliance Insurance and Financial Services Inc.