IA Clarington Global Opportunities Fund (US$) A

Quick Facts

NAVPS (5/17/2013) $14.71

Distribution Frequency: Annually

More information on U.S. dollar option >>


MER: 12/31/2012 2.56%*

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 managed a fund that received two awards for performance in its category.

Inception Date: 8/26/1998

Net Assets: $154,846,886

Historical Total Returns (%) as at 04/30/2013

1 month3 months6 months1 year3 years5 years10 yearsInception
2.22.020.514.53.9-0.57.26.1

Calendar Year Returns (%)

2012201120102009200820072006200520042003
6.8-12.513.734.9-42.04.315.111.616.540.5

Asset Mix

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Geographic Allocation

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Sector Allocation

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Top Ten Holdings

Safilo Group SPA4.4%
Dah Sing Financial Holdings Ltd.4.3%
Bellway PLC4.3%
Credit Suisse Group AG, Sponsored ADR4.2%
Morgan Stanley4.1%
Standard Chartered PLC4.0%
Barratt Developments PLC3.9%
Berendsen PLC3.8%
Schroders PLC3.6%
Canaccord Financial Inc.3.3%
Portfolio information above as at: 04/30/2013

The Fund's portfolio sub-advisor and investment strategies changed on November 30, 2011. These changes may have significantly impacted the Fund's performance.

*IA Clarington Investments Inc., manager of the IA Clarington Global Opportunities 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 12/31/2012. The actual MER of the this series of the Fund before waivers and or absorptions is 2.57%
Important information and disclaimer