IA Clarington Sarbit US Eq (US$)-F
Fund Price: $4.84 (as at May 22, 2013) 1-day chg: $-.0627 -1.28% YTD: 12.00%
Returns as at April 30, 2013
| Fund | Group Avg | Index* | |
|---|---|---|---|
| 1 Month | 2.89% | -1.00% | -1.19% |
| 3 Months | 6.84% | 5.24% | 6.23% |
| 6 Months | 15.10% | 14.55% | 17.47% |
| 1 Year | 18.36% | 14.73% | 19.93% |
| 2 Year Avg | 4.59% | 7.07% | 9.38% |
| 3 Year Avg | 15.05% | 10.58% | 11.09% |
| 4 Year Avg | - | 15.58% | 14.69% |
| 5 Year Avg | - | 5.43% | 8.14% |
| 10 Year Avg | - | 6.65% | 6.64% |
| 15 Year Avg | - | 4.44% | 3.53% |
| 20 Year Avg | - | 6.78% | 7.71% |
| Since Inception | 20.09% | - | - |
| 2012 | 18.98% | 12.46% | 13.82% |
| 2011 | -6.24% | -1.85% | -2.02% |
| 2010 | 45.80% | 20.55% | 20.55% |
| 3 year risk | 21.09 | 14.88 | 14.21 |
| 3 year beta | 1.20 | 0.94 | 1.00 |
*Russell 2000 ($ Cdn)
Growth of $10,000
Risk Measures as at April 30, 2013
Best/Worst 12 months (since inception)
| Best (ending Feb 11): | 50.34 |  |  |
| Worst (ending May 12): | -10.45 |  | |
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low
High Fund Objectives
The investment objective of the Fund is to achieve long-term growth of capital through investments in US companies of any size which, in the opinion of the investment manager, have strong potential for appreciation of value.
Fund Facts
| Fund Sponsor: | IA Clarington Investments Inc. |
| Managed by: | IA Clarington Investments Inc. |
| Fund Type: | MF Trust |
| Inception Date: | June 2009 |
| Asset Class: | U.S. Small or Mid Cap Equity |
| Quartile Rank: | 1 (3YR ending April 30, 2013) |
| Total Assets: | N/A |
| Mgmt Exp. Ratio (MER): | 2.68% |
| Management Fee: | 1.10% |
| Load Type: | No Load |
- Globe 5-Star Rating:
- RRSP Eligible:
- Canadian
- Min. Invest (initial):
- $10,000
- Subsequent:
- $50
- Min. Invest (initial RRSP):
- $10,000
- Subsequent RRSP:
- $50
- Closed:
- No
- Restricted:
- Yes
- Restriction:
- (Min Initial Investment $10,000)
Asset Allocation December 31, 2012
Equity Sector Weightings December 31, 2012
Fund Geography 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 22, 2013 1 Year Performance (%) | |||
|---|---|---|---|---|---|---|---|---|---|
| ICON-Q | Iconix Brand Group | Misc. Consumer Products | United States | Stock | 10.35 | 97.65 | | | |
| FUN-N | Cedar Fair | Household Goods | United States | Stock | 10.05 | 65.36 | | | |
| CCOI-Q | Cogent Communications | Computer Software & Processing | United States | Stock | 9.97 | 62.07 | | | |
| SIX-N | Six Flags Entertainment Corp. | Other | United States | Stock | 9.89 | 79.86 | | | |
| BRK.B-N | Berkshire Hathaway | Insurance | United States | Stock | 9.74 | 40.43 | | | |
| CSTR-Q | Coinstar Inc. | Investment Companies and Funds | United States | Stock | 8.78 | 1.29 | | | |
| DTSI-Q | DTS Inc. | Entertainment Services | United States | Stock | 4.88 | -33.19 | | | |
| CBZ-N | CBIZ Inc. | Other Services | United States | Stock | 3.38 | 10.56 | | | |
| UEIC-Q | Universal Electronics | Electrical & Electronic | United States | Stock | 1.66 | 99.24 | | | |
Portfolio Manager(s)
Larry Sarbit
Sarbit Advisory Services Inc
Start Date: June, 2009
Fund Return: 15.12%
With over 29 years of industry experience, Mr. Sarbit employs a bottom-up approach to seek out securities of good businesses that are undervalued and generates a consistent cash flow from its operations. He has an extensive portfolio management experience in U.S. equity market. Ignoring economic trends and earning forecasts, Mr. Sarbit has consistently earned a return above average with his investment philosophy of investing in a good business at a bargain instead of buying a cheap stock.
Mutual Fund data is provided by LIPPER, A THOMSON REUTERS COMPANY.