Quick Facts

NAVPS (6/19/2013) $10.75
MER (12/31/2012) 1.99%*

Distributions

Distribution Frequency:

Annual

Documents

Fund Specific

Simplified Prospectus

Simplified Prospectus

Annual Information Form

Annual Information Form

Financial Statements

IA Clarington Strategic Corporate Bond Class A

Key reasons to invest

Award winning manager
Seeks to obtain income and capital appreciation for the fund
Corporate bonds seek to enhance income, lower portfolio volatility (low correlation with other asset classes) and lessens its vulnerability to rising interest rates relative to government bonds

Investment Approach

The fund manager employs a rigorous bottom-up strategy with a 12 to 18 month strategic outlook on the markets with a view to invest in a stable mix of higher-yielding fixed-income securities of Canadian and foreign issuers demonstrating strong fundamentals while aiming to minimize volatility through all market conditions.

Portfolio Manager

Dan Bastasic, CFA, MBA

Senior Vice President & Portfolio Manager
Over 15 years of investment experience
Mr. Bastasic has extensive portfolio management experience in both equity and fixed income markets and, prior to joining IA Clarington, built an impressive track record as a portfolio manager at a very large Canadian mutual fund company. At that company, Mr. Bastasic managed mutual funds with a combined $2.8 billion in assets under management, with one of the funds under his stewardship receiving an award during his tenure as portfolio manager
MBA, University of Windsor

Portfolio Sub-Advisor

IA Clarington Investments Inc.

Inception Date: 4/12/2012

Net Assets: $71,048,860

Performance

Historical Total Returns (%) as at 05/31/2013

1 month	3 months	6 months	1 year	3 years	5 years	10 years	Inception
0.3	1.4	3.7	8.0	-	-	-	7.4

Calendar Year Returns (%)

2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
-	-	-	-	-	-	-	-	-	-

Asset Mix

Characteristics of the Fund

Average rating - Bonds	BB
Average term	5.3 years
Modified duration	4.2 years
Average coupon	7.7%
Yield at market value	7.4%

Top Ten Holdings

Calfrac Holdings LP, 7.500%, 2020-12-01	2.6%
Russel Metals Inc., 6.000%, 2022-04-19	2.1%
Frontier Communications Corp., 7.125%, 2023-01-15	1.9%
Sherritt International Corp., 7.500%, 2020-09-24	1.9%
Air Canada, 10.125%, 2015-08-01	1.7%
Mattamy Group Corp., 6.875%, 2020-11-15	1.7%
ERA Group Inc., 7.750%, 2022-12-15	1.7%
Sears Holding Corp., 6.625%, 2018-10-15	1.6%
Alliance Grain Traders Inc., 9.000%, 2018-02-14	1.6%
Great Canadian Gaming Corp., 6.625%, 2022-07-25	1.6%

Portfolio information above as at: 05/31/2013

We are unable to show performance information because securities laws prohibit the publishing of performance data for series of funds with a track record less than one year.

†IA Clarington Strategic Corporate Bond Class invests in shares of Canadian issuers and enters into a forward contract that gives it economic exposure to IA Clarington Strategic Corporate Bond Fund (the "Reference Fund"). The portfolio characteristics shown above are those of the Reference Fund.

*IA Clarington Investments Inc., manager of the IA Clarington Strategic Corporate Bond 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 2.46%
Important information and disclaimer

ABOUT IA CLARINGTON

At IA Clarington, "be invested" is more than a motto, it's a philosophy. Our ultimate goal is to help our clients achieve the financial freedom to be personally invested in whatever it is they want from life.