IA Clarington American Fund A
Quick Facts
NAVPS (2/3/2012) $4.84
Distribution Frequency: Annually
MER:
06/30/2011 2.49%*
Fund Numbers:
|
Front |
Back |
Low |
Series F |
| $Cdn |
202 |
1302 |
1502 |
1402 |
Key reasons to invest
- McLean Budden features long-tenured management team.
- Conservative growth style mandate results in a focused but
diversified portfolio.
- Concentrates its holdings in approximately 40 to 50
issuers.
Investment Approach
The fund manager employs a bottom-up philosophy based on an
assigned value within each asset class, while minimizing
volatility. Securities are selected based on stable earnings growth
with sound balance sheets, strong management teams and growing
overall market share.
Portfolio Sub-Advisor
McLean Budden Limited
Portfolio Manager
- Established in 1947 and managing $31 billion (as of Jan, 2009)
for Canadian investors from offices in Toronto, Montreal and
Vancouver, McLean Budden is one of Canada's oldest investment
counselling firms.
- They place a priority on building a team of well-educated
experts with an average of 15 years of industry experience.
Inception Date: 1/4/2000
Net Assets: $49,634,197Compound Annual Returns (%) as at 12/31/2011
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
| 0.5 | 8.9 | -3.3 | -4.0 | 2.4 | -5.5 | -4.8 | - |
Calendar Year Returns (%)
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| 2.2 | 9.6 | -24.9 | -6.8 | 12.9 | -0.7 | -2.1 | -0.3 | -25.6 | - |
Asset Mix
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Geographic Allocation
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Sector Allocation
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Top Ten Holdings
| Merck & Co., Inc. | 4.0 % |
| Exxon Mobil Corp. | 3.5 % |
| Pfizer Inc. | 3.5 % |
| ACE Ltd. | 3.5 % |
| Microsoft Corp. | 3.4 % |
| JPMorgan Chase & Co. | 3.4 % |
| Wal-Mart Stores Inc. | 3.3 % |
| Pepsico Inc. | 2.9 % |
| Apache Corp. | 2.9 % |
| Hewlett-Packard Co. | 2.8 % |
| 33.2 % |
Portfolio information above as at: 12/31/2011 12:00:00 AM
On December 31, 2001, the R American Fund underwent a merger
that was a material change for the Fund under applicable securities
laws. As such, in accordance with such laws, we may only disclose
performance for periods after December 31, 2001.Mutual funds are
not guaranteed, their values change frequently and past performance
may not be repeated.
*IA Clarington Investments Inc., manager of the IA Clarington American Fund 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 2.79%
Important information and disclaimer