IA Clarington Inhance Growth SRI Portfolio A

Quick Facts

NAVPS (5/17/2013) $11.91

Distribution Frequency: Annual


MER: 12/31/2012 2.66%*

Fund Numbers:


Front Back Low Series - F
$Cdn 5025 5026 5027 5028
 

Key reasons to invest

  • Access to award winning Socially Responsible Investment (SRI) managers
  • Diversification by sector, country and asset class
  • Potential tax efficiency of distributions

Investment Approach

The portfolio will seek to generate capital appreciation as well as some interest and dividend income by investing in a diversified portfolio of other mutual funds that meet the manager's socially responsible investment principles, with a bias towards Canadian equity mutual funds diversified with Canadian income and bond mutual fund holdings.

† At the Canadian Investment Awards.

The IA Clarington Inhance Growth SRI Portfolio was launched on November 30, 2009. On December 4, 2009, the Portfolio underwent a merger that was a material change under applicable securities laws. As such, in accordance with such laws, we may only disclose performance for periods after December 4, 2009. Securities laws prohibit the publishing of performance information for funds with a track record less than one year. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. 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. 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

Vancity Investment Management Inc.

Portfolio Manager

Stephen MacInnes, CFA

  • Director at Vancity Investment Management Inc.
  • Over 30 years of investment management experience.
  • Prior to joining Vancity Investment Management Inc., Mr. MacInnes has built an impressive track record while managing over $3.5 billion in assets at a large Canadian mutual fund company.

Dermot Foley, CIM, CFA

  • Lead role in analyzing the environmental performance, social responsibility and corporate governance of comapnies
  • Over 20 years experience in SRI investing
  • Prior to joining Vancity Investment Management Inc., Mr. Foley was the Senior Policy Analyst with the David Suzuki Foundation Climate Change Program

Performance Start Date (PSD): 12/4/2009

Net Assets: $40,598,631

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

1 month3 months6 months1 year3 years5 years10 yearsSince PSD
0.72.86.48.44.9--4.7

Calendar Year Returns (%)

2012201120102009200820072006200520042003
7.5-3.67.1 - - - - - - -
Portfolio information above as at: 04/30/2013

Returns are calculated, and year-by-year returns are shown, from December 4, 2009, the date of a material fund merger.

*IA Clarington Investments Inc., manager of the IA Clarington Inhance Growth SRI Portfolio 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 2.8%
Important information and disclaimer