IA Clarington Global Tactical Income Class A
Quick Facts
NAVPS (2/3/2012) $9.76
Distribution Frequency: Annually
MER:
06/30/2011 2.57%*
Fund Numbers:
|
Front |
Back |
Low |
Series F |
| Series A |
483 |
484 |
485 |
486 |
Key reasons to invest
- Award winning manager††
- The Fund provides a balanced approach to global investing
Investment Approach
The portfolio manager uses a Growth at a Reasonable Price (GARP)
investment style and seeks out companies with stable earnings
growth, strong management, solid balance sheet and a growing
overall market share. The Fund seeks to generate income and
long-term capital growth by investing in a combination of equity
and fixed income securities of companies located mainly in Europe
and North America. The team will also hedge currencies to reduce
the volatility of returns.
Portfolio Advisor
Aston Hill Investments Inc.***
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: 7/19/2010
Net Assets: $20,855,649Compound Annual Returns (%) as at 12/31/2011
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| 1.1 | 5.8 | -3.5 | -3.5 | - | - | - | -3.9 |
Calendar Year Returns (%)
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| - | - | - | - | - | - | - | - | - | - |
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
| AT&T Inc. | 2.0 % |
| Simon Property Group LP | 1.8 % |
| CenturyLink Inc. | 1.4 % |
| Public Storage | 1.4 % |
| Occidental Petroleum Corp. | 1.3 % |
| Annaly Capital Management, Inc. | 1.2 % |
| McDonald's Corp. | 1.2 % |
| CSX Corp. | 1.2 % |
| PPL Corp., Pfd. | 1.2 % |
| Microsoft Corp. | 1.1 % |
| 13.8 % |
Portfolio information above as at: 12/31/2011 12:00:00 AM
†† At the Canadian Investment Awards.
†A portion of the Fund's portfolio is linked to the performance
of the units of the IA Clarington Global Tactical Income Fund (the
"Reference Fund") through the use of forward contracts. The Fund
invest substantially all of its assets in the Reference Fund. The
above are an outline of the investments held in the Reference Fund
as a percentage of its Net Asset Value.
***formerly known as Catapult Financial Management Inc.
IA Clarington Global Tactical Income Class Series A was
launched on July 19, 2010. For fund series less than one year old,
we are not permitted to show performance.
*IA Clarington Investments Inc., manager of the IA Clarington Global Tactical Income 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 06/30/2011. The actual MER of the this series of the Fund before waivers and or absorptions is 3.73%
Important information and disclaimer