IA Clarington Global Dividend Fund T8

Quick Facts

NAVPS (2/6/2012) $5.04

2010 Total Distributions:

Income ($) 0.04
Dividends ($) -
Capital gains ($) -
Return of Capital ($) 0.38
Total distributions ($) 0.42

Distribution Frequency: Monthly, 3.5¢ per unit


MER: 06/30/2011 2.81%*

Fund Numbers:

$Cdn
Front Back Low Series F
Series T8*
2850 2860
2870
-
 

Key reasons to invest

  • Manager BNP Paribas Investment Partners Canada Ltd. identifies and selects stocks with high, sustainable and increasing dividends
  • Currency hedging reduces the volatility of returns (source: Fortis)
  • Target a 8% annual distribution rate paid monthly

Investment Approach

The fund managers select shares of predominantly defensive companies with high, stable and, preferably rising dividend yields. The quality of the companies' management also plays a key role in the analysis. These factors, together with the stock's valuation, ultimately determine which companies make it through the team's selection process.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing.

Any indicated rates of return are the historical annual compounded total returns including changes in security value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns.

For fund series less than one year old we are not permitted to show performance information. 

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.

 

Portfolio Sub-Advisor

BNP Paribas Investment Partners Canada Ltd.**

Advisor Logo

Portfolio Manager

Wouter Weijand

  • Wouter has over 23 years of investment experience over a broad range of products and is Senior Vice President.
  • He initiated the High Income Equity in late 2002 and was the architect of this new equity investment style within BNP Paribas.
  • Wouter acts as global head, leading the teams in Chicago, Hong Kong and Amsterdam.

Inception Date: 11/15/2007

Net Assets: $98,560,302

Compound Annual Returns (%) as at 12/31/2011

1 month3 months6 months1 year3 years5 years10 yearsInception
1.08.7-6.3-4.85.8---8.1

Calendar Year Returns (%)

2010200920082007200620052004200320022001
8.514.6-40.5 - - - - - - -

Geographic Summary

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Geographic Allocation

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Sector Allocation

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Top Ten Holdings

Royal Dutch Shell PLC, Class A2.1 %
Chevron Corp.2.1 %
Novartis AG, Registered1.7 %
Roche Holdings AG1.7 %
Procter & Gamble Co.1.7 %
Bayer AG1.5 %
Vodafone Group PLC1.4 %
Koninklijke Philips Electronics NV1.4 %
HSBC Holdings PLC1.3 %
Philip Morris International Inc.1.3 %
16.2 %
Portfolio information above as at: 12/31/2011 12:00:00 AM

** Previously named Fortis Investment Management Canada Limited

*IA Clarington Investments Inc., manager of the IA Clarington Global Dividend Fund T8 (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 2.86%
Important information and disclaimer