IA Clarington Tactical Income Class T6
Quick Facts
NAVPS (9/7/2010) $11.99
Distribution Frequency: Monthly, 6.1¢ per
unit**
MER: 12/31/2009 Series T6 2.49%
Fund Numbers:
|
Front |
Back |
Low |
Series F |
| Class T6 |
3029 |
3030 |
3031 |
3035 |
| Class T8 |
3032 |
3033 |
3034 |
3036 |
Key reasons to invest
- Award winning manager †
- Seeks to achieve a steady flow of income
- Series T6: annualized distribution targeted at 6%.
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
Catapult Financial Management Inc. a wholly owned subsidiary of
Aston Hill Financial Inc.
Portfolio Manager
Ben Cheng, CFA
- Portfolio Manager, Catapult Financial Management Inc. and
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: 1/26/2009
Net Assets: $137,004,659Compound Annual Returns (%) as at 08/31/2010
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| 0.9 | 3.2 | 2.5 | 8.6 | - | - | - | 18.2 |
Calendar Year Returns (%)
| 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
| - | - | - | - | - | - | - | - | - | - |
Portfolio information above as at: 07/31/2010
*Fund fact sheet is based on the underlying mutual fund, IA
Clarington Tactical Income Fund Series T6. Although IA Clarington
Tactical Income Class invests in a portfolio of securities that
substantially replicates the performance of the IA Clarington
Tactical Income Fund, performance of the Class is expected to
differ slightly from that of the Fund.
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.
† At the Canadian Investment Awards.
Commissions, trailing commissions, management fees and expenses
all may be associated with mutual fund investments. Please read the
prospectus before investing.
**The payment of distributions and distribution breakdown is not
guaranteed and may fluctuate. The payment of distributions should
not be confused with a fund's performance, rate of return, or
yield. If distributions paid by the fund are greater than the
performance of the fund, then your original investment will shrink.
Distributions paid as a result of capital gains realized by a fund
and income and dividends earned by a fund are taxable in your hands
in the year they are paid. Your adjusted cost base will be reduced
by the amount of any returns of capital. If your adjusted cost base
goes below zero, then you will have to pay capital gains tax on the
amount below zero. For more information about the Fund's
distribution policy and the conditions under which the distribution
rate shown may change, please refer to the simplified
prospectus.
Mutual funds are not guaranteed, their values change frequently
and past performance may not be repeated.
The IA Clarington Funds and IA Clarington Target Click Funds are
managed by IA Clarington Investments Inc. IA Clarington is a
trademark of IA Clarington Investments Inc. and the IA Clarington
logo is a trademark of Industrial Alliance Insurance and Financial
Services Inc.