Distinction Balanced Class M
Quick Facts
NAVPS (5/17/2013) $12.44
Distribution Frequency: Annually
MER:
12/31/2012 2.45%*
Fund Numbers:
|
Front |
Back |
Low |
| Series M |
8063 |
8064 |
8065 |
Key reasons to invest
- Access to leading investment managers from across Canada and
around the world
- Diversification by sector, country and asset class
- Automatic rebalancing
Investment Approach
The Portfolio will invest primarily in a diversified portfolio
of other mutual funds with an emphasis toward Canadian balanced,
Canadian equity growth and specialty growth funds. The portfolio
will also invest in international equity funds.
Portfolio Advisor
Industrial Alliance Investment Management Inc.
Portfolio Manager
Inception Date: 7/4/2008
Net Assets: $8,660,719Historical Total Returns (%) as at 04/30/2013
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| 0.9 | 2.7 | 7.1 | 8.7 | 4.9 | - | - | 4.3 |
Calendar Year Returns (%)
| 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
| 6.5 | -2.3 | 8.3 | 17.0 | - | - | - | - | - | - |
Top Ten Holdings
| IA Clarington Bond Fund, Series I | 18.65% |
| IA Clarington Strategic Equity Income Fund, Series I | 10.69% |
| IA Clarington Canadian Growth Fund, Series I | 10.33% |
| IA Clarington Tactical Bond Fund, Series I | 8.73% |
| IA Clarington Global Dividend Fund, Series I | 8.47% |
| IA Clarington Global Opportunities Fund, Series I | 8.13% |
| Mackenzie Cundill Value Fund, Series O | 5.83% |
| IA Clarington Canadian Small Cap Fund, Series I | 5.75% |
| Dynamic Global Dividend Fund, Series O | 5.60% |
| Fidelity True North® Fund, Series O | 5.15% |
| IA Clarington Canadian Conservative Equity Fund, Series I | 4.81% |
| Dynamic High Yield Bond Fund, Series O | 4.30% |
| IA Clarington Short-Term Bond Fund, Series I | 2.55% |
| Cash and Cash Equivalents | 1.07% |
Portfolio information above as at: 04/30/2013
For Series M, M6 or M8 securities of the Distinction
Portfolios and Distinction Classes, a $15,000 minimum initial
investment is required per Fund.
*IA Clarington Investments Inc., manager of the Distinction Balanced Class M (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 2.96%
Important information and disclaimer