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GlobeinvestorGOLD Canada's most comprehensive investment tool.

Fund Price: $10.70 (as at May 23, 2013)  1-day chg: $-.0492 -0.46%  YTD: 3.38%

Returns as at April 30, 2013

  Fund Group Avg Index*
1 Month 1.06% 0.57% 0.57%
3 Months 1.66% 2.33% 2.24%
6 Months 4.19% 5.61% 5.36%
1 Year 5.14% 6.45% 5.95%
2 Year Avg 2.06% 1.47% 1.13%
3 Year Avg - 4.15% 3.77%
4 Year Avg - 7.51% 7.47%
5 Year Avg - 1.76% 1.87%
10 Year Avg - 5.74% 5.26%
15 Year Avg - 4.22% 3.47%
20 Year Avg - 5.55% 5.80%
Since Inception 1.96% - -
 
2012 6.43% 6.01% 5.47%
2011 - -4.03% -4.55%
2010 - 9.37% 8.77%
 
3 year risk - 7.29 6.43
3 year beta - 1.03 1.00

*Globe Tactical Balanced Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe Tactical Balanced Peer Index.

Risk Measures as at April 30, 2013

Best/Worst 12 months (since inception)
Best (ending Sep 12): 9.71 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending May 12): -3.39 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 7 High

Fund Objectives

The fund seeks to achieve a steady flow of income by investing primarily in turst units, equity securities and fixed income securities of Canadian issuers. The fund may also invest in foreign securities within the foreign property limitys provided by the tax act.

Fund Facts

Fund Sponsor: IA Clarington Investments Inc.
Managed by: Aston Hill Asset Management Inc.
Fund Type: MF Trust
Inception Date: February 2011
Asset Class: Tactical Balanced
Quartile Rank: - (3YR ending April 30, 2013)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 2.38%
Management Fee: 2.00%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$50
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$50
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation December 31, 2012

Equity Sector Weightings December 31, 2012

Bond Type December 31, 2012

Top Holdings as at December 31, 2012

Symbol Company Name Sector Geographic
Area		 Asset
Type		 % of
Total Assets		   Performance as at May 23, 2013
1 Year Performance (%)
  Gov't of Canada, 0.94%, FEB/14/13 Bond 5.61   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 0.94%, MAR/14/13 Bond 3.56   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
TD-T TD Bank Banks Canada Stock 1.96   5.7 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
AP.UN-T Allied Properties REIT Property Mgmnt & Investment Canada Stock 1.92   19.44 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CUF.UN-T Cominar REIT Property Mgmnt & Investment Canada Stock 1.86   -2.05 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BAM.A-T Brookfield Asset Management Management and Diversified Canada Stock 1.6   16.15 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Inmet Mining, 8.75%, JUN/01/20 Bond 1.52   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
GRT.UN-T Granite REIT Property Mgmnt & Investment Canada Stock 1.4   14.7 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
IPL.UN-T Inter Pipeline Fund Oil Pipelines Canada Stock 1.35   21.92 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to May 23, 2013)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Apr 30, 2013 0.0800 0.0800 0.9600 10.686
Mar 28, 2013 0.0800 0.0800 0.9600 10.653
Feb 28, 2013 0.0800 0.0800 0.9600 10.704
Jan 31, 2013 0.0800 0.0800 0.9600 10.750
Dec 27, 2012 0.0800 0.0800 0.9600 10.632
Nov 30, 2012 0.0800 0.0800 0.9600 10.666
Oct 31, 2012 0.0800 0.0800 0.9600 10.726
Sep 28, 2012 0.0800 0.0800 0.9600 10.763
Aug 31, 2012 0.0800 0.0800 0.9600 10.750
Jul 31, 2012 0.0800 0.0800 0.9600 10.741
Jun 29, 2012 0.0800 0.0800 0.9600 10.729
May 31, 2012 0.0800 0.0800 0.9600 10.765
Apr 30, 2012 0.0800 0.0800 0.9600 11.113
Mar 30, 2012 0.0800 0.0800 0.9600 11.146
Feb 29, 2012 0.0800 0.0800 0.9600 11.208
Jan 31, 2012 0.0800 0.0800 0.8800 11.073
Dec 29, 2011 0.0800 0.0800 0.8000 10.930
Nov 30, 2011 0.0800 0.0800 0.7200 10.909

Portfolio Manager(s)

Ben Cheng, CFA

Aston Hill Asset Management Inc.

Start Date: February, 2011

Fund Return: 9.63%

Mr. Cheng is President of Aston Hill Asset Management Inc. and lead Portfolio Manager to the Redwood Ark Monthly Income class. Mr. Cheng has extensive portfolio management experience in both equity and fixed income markets. Prior to joining Aston Hill, Mr. Cheng was Managing Director of Fortress Investment Group, a New York-based asset management firm specializing in hedge fund strategies and private equity investment. He joined Fortress after building an impressive track record as a portfolio manager at CI Mutual Funds. While at CI Mr. Cheng managed the CI Signature High Income Fund and the CI Signature Dividend Fund; both funds received Canadian Investment Awards for their respective categories during his tenure as manager. Mr. Cheng is a CFA Charterholder and holds a Bachelor of Commerce degree from the University of Toronto.

Also manages:IA Clarington Tact IncGIF-A 100, IA Clarington Tactical Bond Class-A, IA Clarington Tactical Bond-A, IA Clarington Tactical Income Cl-T6, IA Clarington Tactical Income-T8, Redwood Income Strategies Class - X

View fund manager performance report