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.**
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: $98,560,302Compound Annual Returns (%) as at 12/31/2011
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| 1.0 | 8.7 | -6.3 | -4.8 | 5.8 | - | - | -8.1 |
Calendar Year Returns (%)
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| 8.5 | 14.6 | -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 A | 2.1 % |
| Chevron Corp. | 2.1 % |
| Novartis AG, Registered | 1.7 % |
| Roche Holdings AG | 1.7 % |
| Procter & Gamble Co. | 1.7 % |
| Bayer AG | 1.5 % |
| Vodafone Group PLC | 1.4 % |
| Koninklijke Philips Electronics NV | 1.4 % |
| HSBC Holdings PLC | 1.3 % |
| 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