IA Clarington Global Tactical Income Fund A
Quick Facts
NAVPS (9/1/2010) $11.70
2009 Total Distributions:
| Income ($) |
0.16 |
| Dividends ($) |
0.03 |
| Capital gains ($) |
- |
| Return of Capital ($) |
0.21 |
| Total distributions ($) |
0.40 |
Distribution Frequency: Annually
Management Fee: Series A: 2.00 %
Fund Numbers:
|
Front |
Back |
Low |
Series F |
| Series A |
2470 |
2471 |
2472 |
964 |
Key reasons to invest
- Award winning manager†
- The Fund provides a balanced approach to global investing
Investment Approach
The portfolio manager uses a Growth at a Reasonable Price (GARP)
investment style and seeks out companies with stable earnings
growth, strong management, solid balance sheet and a growing
overall market share. The Fund seeks to generate income and
long-term capital growth by investing in a combination of equity
and fixed income securities of companies located mainly in Europe
and North America. The team will also hedge currencies to reduce
the volatility of returns.
Portfolio Sub-Advisor
Catapult Financial Management Inc. a wholly owned subsidiary of
Aston Hill Financial Inc.
Portfolio Manager
Ben Cheng,
CFA
- President, CIO and Portfolio Manager 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: 7/6/2009
Net Assets: $114,073,220Compound Annual Returns (%) as at 07/31/2010
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| 3.3 | -1.4 | 3.0 | 14.6 | - | - | - | 15.4 |
Calendar Year Returns (%)
| 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
| - | - | - | - | - | - | - | - | - | - |
Asset Mix
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Geographic Allocation
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Sector Allocation
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Top Ten Holdings
| Lululemon Athletica Inc. | 2.0 % |
| CenturyLink Inc. | 1.8 % |
| Public Storage | 1.6 % |
| Simon Property Group LP | 1.5 % |
| Dollar General Corp. | 1.4 % |
| Crescent Point Energy Corp. | 1.2 % |
| Prologis | 1.1 % |
| Exxon Mobil Corp. | 1.1 % |
| CSX Corp. | 1.1 % |
| Vornado Realty Trust | 1.0 % |
| 13.8 % |
Portfolio information above as at: 07/31/2010
IA Clarington Global Income Fund Series A was launched on July
13, 2009. For fund series 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.
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.
On April 1, 2006, OppenheimerFunds Inc. and Oppenheimer Real Asset
Management Inc. assumed portfolio advisory responsibilities for the
Fund as sub-advisor to Industrial Alliance Investment Management
Inc. The Fund's investment strategy was changed as a result of this
change. These changes could have affected the performance of the
Fund.
Effective September 15, 2008 the portfolio advisor has appointed
Catapult Financial Management Inc. as the sub-advisor to the fund.
The Fund's investment strategy was changed as a result of this
change. These changes could have affected the performance of the
Fund.
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.