IA Clarington Canadian Small Cap Class A

Quick Facts

NAVPS (5/17/2013) $14.62

Distribution Frequency: Annually


MER: 12/31/2012 2.9%*

Fund Numbers:


Front Back Low Series F
Series A 8078 8088 8089 8099
 

Key reasons to invest

  • Award winning manager
  • Focused portfolio of 35 to 45 names with an emphasis on dividend yield
  • Individual sector weights generally kept under 25% of the portfolio to ensure diversification

Investment Approach

QV Investors Inc. evaluates candidates based on top-down, bottom-up, value and growth analysis. The managers' key criterion for selection is quality growth stressing that they look at the merits of a company before even looking at the sector. QV identifies and typically invests in stocks with lower valuations that are growing at higher rates than the market.

 

Portfolio Sub-Advisor

QV Investors Inc.

Portfolio Manager

Leigh Pullen, CFA

  • President, CIO and Portfolio Manager
  • Over 35 years investment experience

Joe Jugovic, CFA

  • Portfolio Manager
  • BA in Economics
  • Over 10 years investment experience
  • Previously with a Calgary-based investment management firm

Ian Cooke, CFA

  • Portfolio Manager
  • Bachelor of Commerce in Finance
  • Joined QV Investors in 2006
  • Previously with Savoy Capital as a research analyst

Inception Date: 7/4/2008

Net Assets: $22,780,339

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

1 month3 months6 months1 year3 years5 years10 yearsInception
1.95.214.019.112.0--8.0

Calendar Year Returns (%)

2012201120102009200820072006200520042003
19.6-3.213.428.5 - - - - - -

Portfolio characteristics of the Reference Fund†


Asset Mix

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Geographic Allocation

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Sector Allocation

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Top Ten Holdings

Empire Co. Ltd., Class A, NV5.2%
E-L Financial Corp. Ltd.4.3%
Pason Systems Inc.4.1%
Paladin Labs Inc.3.9%
Laurentian Bank of Canada3.6%
Winpak Ltd.3.6%
MacDonald, Dettwiler and Associates Ltd.3.4%
AltaGas Ltd.3.3%
Richelieu Hardware Ltd.3.3%
Canadian Western Bank3.2%
Portfolio information above as at: 04/30/2013

†IA Clarington Canadian Small Cap Class invests substantially all of its assets in units of IA Clarington Canadian Small Cap Fund ("the Underlying Fund"). The portfolio characteristics shown above are those of the Underlying Fund.

*IA Clarington Investments Inc., manager of the IA Clarington Canadian Small Cap Class A (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 3.29%
Important information and disclaimer