Mutual Funds

Fund Net Assets: 02/28/2010

$3,537,744

NAVPS: 3/11/2010

Series M6 $11.36

MER: 06/30/2009
Series M6 2.39%

Fund Numbers:
$Cdn Front Back Low Series F
Series M6 3054 3055  3056 -

Distribution Frequency:
Monthly

Distinction Monthly Income Class - Series M6

Compound Annual Returns (%) as at 02/28/2010
Inception
Date
Month(s) YTD Year(s) Since
Inception
1 3 6 1 3 5 10
1/26/20091.61.75.9-0.225.5---16.7
 

Portfolio as at: 02/28/2010

 

* The Fund Fact Sheet provided is that of the Distinction Monthly Income Portfolio. Although the Distinction Monthly Income Class invests in the same underlying fund portfolio as the Distinction Monthly Income Portfolio, it's performance is expected to differ slightly from that of the Distinction Monthly Income Portfolio.

To qualify to purchase series M, M6 and M8 units of the Distinction Portfolios, a $15,000 minimum investment is required per fund.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing.

For fund series less than one year old we are not permitted to show performance information.

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 payment of distributions is not guaranteed and may fluctuate. The payment of distributions should not be confused with a fund's performance, rate of return, or yield. If distributions paid by the fund are greater than the performance of the fund, then your original investment will shrink. Distributions paid as a result of capital gains realized by a fund and income and dividends earned by a fund are taxable in your hands in the year they are paid. Your adjusted cost base will be reduced by the amount of any returns of capital. If your adjusted cost base goes below zero, then you will have to pay capital gains tax on the amount below zero.

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.

     

Portfolio Advisor
Industrial Alliance Investment Management Inc.

Key Reasons to Invest

  • A monthly income portfolio diversified by asset class, sector and manager.
  • Potential tax efficiency of distributions.
  • Series M6: targeted at 6% yield.

Investment Approach

The Fund will invest in a diversified portfolio of equity and income mutual funds with an emphasis toward Canadian dividend paying stocks, trusts, and foreign equities and fixed income. The portfolio is comprised of securities representing mostly large, well-known Canadian and foreign companies that offer regular dividends.