Distinction Monthly Income Class M6
Quick Facts
NAVPS (2/6/2012) $11.10
Distribution Frequency: Monthly, 5.0¢ per
unit
MER:
06/30/2011 2.42%*
Fund Numbers:
| $Cdn |
Front |
Back |
Low |
Series F |
| Series M6 |
3054 |
3055 |
3056 |
- |
Key reasons to invest
- A monthly income portfolio diversified by asset class, sector
and manager
- Potential tax efficiency of distributions
- Target a 6% annual distribution rate paid monthly
Investment Approach
The Fund will invest in a diversified portfolio of equity and
income mutual funds with an emphasis toward Canadian dividend
paying stocks, trusts, and foreign equities and fixed income. The
portfolio is comprised of securities representing mostly large,
well-known Canadian and foreign companies that offer regular
dividends.
Portfolio Advisor
Industrial Alliance Investment Management Inc.
Portfolio Manager
Inception Date: 1/26/2009
Net Assets: $6,743,708Compound Annual Returns (%) as at 12/31/2011
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| 0.9 | 3.9 | -2.8 | -1.0 | - | - | - | 8.7 |
Calendar Year Returns (%)
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| 8.7 | - | - | - | - | - | - | - | - | - |
Asset Mix
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Top Ten Holdings
| IA Clarington Strategic Equity Income Fund, Series I | 20.06% |
| IA Clarington Bond Fund, Series I | 14.96% |
| IA Clarington Dividend Growth Fund, Series I | 13.98% |
| IA Clarington Global Tactical Income Fund, Series I | 9.81% |
| IA Clarington Tactical Bond Fund, Series I | 9.69% |
| IA Clarington Global Dividend Fund, Series I | 9.55% |
| Dynamic Global Dividend Value Fund, Series O | 9.46% |
| Dynamic High Yield Bond Fund, Series O | 5.20% |
| IA Clarington Canadian Conservative Equity Fund, Series I | 4.95% |
| Cash and Cash Equivalents | 2.77% |
Portfolio information above as at: 12/31/2011 12:00:00 AM
**To qualify to purchase series M, M6 and M8 securities of the
Distinction Portfolios and Distinction Classes, a $15,000 minimum
investment is required per fund.
The Fund Fact Sheet provided is that of the Distinction Monthly
Income Portfolio. Although the Distinction Monthly Income Class
invests in the same underlying fund portfolio as the Distinction
Monthly Income Portfolio, it's performance is expected to differ
slightly from that of the Distinction Monthly Income
Portfolio.
To qualify to purchase series M, M6 and M8 units of the
Distinction Portfolios, a $15,000 minimum investment is required
per fund.
*IA Clarington Investments Inc., manager of the Distinction Monthly Income Class M6 (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 06/30/2011. The actual MER of the this series of the Fund before waivers and or absorptions is 3.55%
Important information and disclaimer