IA Clarington Global Equity Fund (US$) A
Quick Facts
NAVPS (2/6/2012) $13.35
Distribution Frequency: Annually
MER:
06/30/2011 2.59%*
Fund Numbers:
|
Front |
Back |
Low |
Series F |
| $U.S. |
342 |
343 |
937 |
4301 |
Key reasons to invest
- Award Winning Manager**
- Seeks to provide diversification by investing in equity
securities around the world
- May invest in securities of smaller, less well-known companies
as well as those of large, well-known companies for additional
growth potential
Investment Approach
The Portfolio Manager employs a rigorous bottom-up strategy by
investing in companies trading at a substantial discount to their
estimated net asset value aiming to provide a margin of safety to
investors. After careful research, the Porfolio Manager
selects out-of-favour investments of any market capitalization from
many different industries and countries, seeking to enhance return
potential and reduce risks.
Portfolio Sub-Advisor
Radin Capital Partners Inc.
Portfolio Manager
Brad Radin, CFA, MBA
- CEO & CIO of Radin Capital Partners Inc.
- Over 15 years of investment experience
- A strong track record managing portfolios of small and mid
capitalization stocks. Prior to joining IA Clarington, Brad
managed over $3.5 billion in assets at a very large Canadian mutual
fund company. At that company, he won the 2010 Lipper Award
for 3 year performance in the Global Small/Mid Cap equity
category.
Inception Date: 8/26/1998
Net Assets: $111,960,755Compound Annual Returns (%) as at 12/31/2011
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| -4.9 | 2.7 | -17.8 | -12.5 | 10.3 | -4.1 | 2.7 | 5.4 |
Calendar Year Returns (%)
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| 13.7 | 34.9 | -42.0 | 4.3 | 15.1 | 11.6 | 16.5 | 40.5 | -23.4 | -14.6 |
Asset Mix
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Geographic Allocation
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Sector Allocation
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Top Ten Holdings
| Arkansas Best Corp. | 4.3 % |
| Aberdeen Asset Management PLC | 4.2 % |
| Janus Capital Group Inc. | 4.1 % |
| Panalpina Welttransport (Holding) AG | 3.9 % |
| Bellway PLC | 3.9 % |
| Artio Global Investors Inc. | 3.9 % |
| Callaway Golf Co. | 3.8 % |
| Peak Sport Products Co. Ltd. | 3.8 % |
| HudBay Minerals Inc. | 3.8 % |
| Bovis Homes Group PLC | 3.8 % |
| 39.5 % |
Portfolio information above as at: 12/31/2011 12:00:00 AM
Radin Capital Partners Inc. assumed portfolio sub-advisory
responsibilities for the Fund effective November 30, 2011. The
Fund's investment strategies changed as a result. These changes may
have affected the performance of the Fund.
The performance data contained herein reflects the performance of
the Fund under the management of the Fund's former sub-advisor,
Oppenheimer Funds Inc.
**While employed at a very large Canadian mutual fund company,
Brad was lead manager of a fund that was recognized at the 2010
Lipper Awards for best performance over three years in the Global
Small/Mid Cap Equity category.
*IA Clarington Investments Inc., manager of the IA Clarington Global Equity Fund (US$) 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 2.63%
Important information and disclaimer