Distinction Prudent Class M
Quick Facts
NAVPS (5/18/2012) $10.99
Distribution Frequency: Annually
MER:
12/31/2011 2.26%*
Fund Numbers:
|
Front |
Back |
Low |
| Series M |
8072 |
8073 |
8074 |
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 in a diversified portfolio of other
mutual funds with an emphasis toward Canadian money market, income
and balanced funds. The portfolio will also invest in Canadian
equity funds and will have a relatively small exposure to
international equity funds.
Portfolio Advisor
Industrial Alliance Investment Management Inc.
Portfolio Manager
Inception Date: 7/4/2008
Net Assets: $21,769,096Compound Annual Returns (%) as at 04/30/2012
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| -0.8 | 1.1 | 3.2 | 0.0 | 6.7 | - | - | 3.3 |
Calendar Year Returns (%)
| 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
| -0.6 | 6.8 | 10.6 | - | - | - | - | - | - | - |
Top Ten Holdings
| IA Clarington Bond Fund, Series I | 24.31% |
| IA Clarington Strategic Equity Income Fund, Series I | 20.22% |
| IA Clarington Canadian Conservative Equity Fund, Series I | 9.84% |
| IA Clarington Short-Term Bond Fund, Series I | 9.81% |
| IA Clarington Tactical Bond Fund, Series I | 9.73% |
| Mackenzie Cundill Value Fund, Series O | 9.49% |
| Fidelity Canadian Asset Allocation Fund, Series O | 4.91% |
| Mackenzie Cundill Canadian Balanced Fund, Series O | 4.79% |
| IA Clarington Money Market Fund, Series I | 4.70% |
| Cash and Cash Equivalents | 2.30% |
Portfolio information above as at: 04/30/2012
**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 Prudent
Portfolio. Although the Distinction Prudent Class invests in the
same underlying fund portfolio as the Distinction Prudent
Portfolio, it's performance is expected to differ slightly from
that of the Distinction Prudent Portfolio.
Distinction Prudent Class was launched on July 14, 2008.
*IA Clarington Investments Inc., manager of the Distinction Prudent 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 12/31/2011. The actual MER of the this series of the Fund before waivers and or absorptions is 2.48%
Important information and disclaimer