Series

Investment Approach

The fund manager employs a rigorous bottom-up strategy with a 12 to 18 month strategic outlook on the markets with a view to invest in a stable mix of income producing equity and fixed income securities demonstrating strong fundamentals while aiming to minimize volatility through all market conditions.

Key reasons to invest

Award winning manager

Seeks to provide stable income and capital appreciation

An investment approach that endeavours to strategically position the Fund through all market conditions

 Medium-Low Risk Image

Daily Price

Calendar Year Returns (%)

Distributions

Distribution Frequency: Monthly, 3.2¢ per unit

Category 2013* 2012 2011 2010 2009
Income 0.01 0.04 0.00 0.01 0.01
Dividends 0.10 0.06 0.05 0.07 0.10
Capital Gains 0.00 0.00 0.00 0.00 0.00
Return of Capital 0.37 0.28 0.34 0.30 0.27
Total 0.48 0.38 0.39 0.38 0.38

Daily Price

Support Material

Commentaries

Investments in developed equity markets were strong performers during the period; valuations increased during the reporting period in response to higher economic growth rates. Economic conditions continued to improve in North American markets, while other parts of the global economy struggled with disinflation, leading to lower long-term interest rates, in spite of central bank tapering policies and stronger economic growth.

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Dan_Bastasic

Dan Bastasic, MBA, CFA
Senior Vice President, Investments
IA Clarington Investments Inc.

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Facts & Fees

Purchase Minimums

Minimum Initial Buy: $500
Each Additional Investment:
(may be waived)
$50

Legal

*IA Clarington Investments Inc., manager of the IA Clarington Strategic Income Fund Y (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 03/31/2014. The actual MER of the this series of the Fund before waivers and or absorptions is 2.34%
Important information and disclaimer

*This represents a 15 month fiscal period ending March 31, 2014. The funds changed their fiscal year-end from December 31 to March 31, effective August 27, 2013.