IA Clarington Tactical Income Class A
Quick Facts
NAVPS (2/6/2012) $11.26
Distribution Frequency: Annually
MER:
06/30/2011 2.42%*
Fund Numbers:
| Front |
Back |
Low |
Series F |
Series E
|
| 3064 |
3065 |
3066 |
3067 |
490 |
Key reasons to invest
- Award winning manager ††
- Seeks to achieve a steady flow of income
Investment Approach
The portfolio manager uses a Growth at a Reasonable Price (GARP)
investment style and seeks out companies with a strong competitive
position, strong balance sheet and stable management. The Fund will
generally be diversified across various sectors and asset classes.
The fixed income portion of the portfolio will usually have a
target duration of between three and seven years, although
individual fixed income securities may deviate from this
target.
Portfolio Advisor
Aston Hill Investments Inc.***
Portfolio Manager
Ben Cheng, CFA
- President & CIO 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: $257,195,670Compound Annual Returns (%) as at 12/31/2011
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| 1.0 | 4.4 | -3.6 | -2.2 | - | - | - | 5.2 |
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
| Gibson Energy ULC | 1.5 % |
| PPL Corp., Pfd. | 1.4 % |
| Brookfield Asset Management Inc., Class A, LV | 1.3 % |
| RioCan Real Estate Investment Trust | 1.3 % |
| Dundee International Real Estate Investment Trust | 1.2 % |
| Inter Pipeline Fund, Class A | 1.2 % |
| Suncor Energy Inc. | 1.2 % |
| Occidental Petroleum Corp. | 1.1 % |
| Precision Drilling Corp. | 1.1 % |
| Vermilion Energy Inc. | 1.1 % |
| 12.4 % |
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 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 Tactical Income Class Series T6 was qualified
under a simplified prospectus on March 2, 2009 and launched on
November 2, 2009. For funds less than one year old, we are not
permitted to show performance.
*IA Clarington Investments Inc., manager of the IA Clarington 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 2.41%
Important information and disclaimer