Global equity

IA Clarington Global Equity GIF

Fund information page

Global equity
Fund series navigation Fund series information
Series Guarantee A
as of
as of
$CDN Guarantee A
$CDN FE DSC
Guarantee A IAC 1850 IAC 1860
Monthly, variable
as of December 31, 2019
3.63%
Moderate to High
May 4, 2007
as of January 31, 2021
$22.5 million

Investment goal

The Fund’s objective is to provide a combination of income and long-term capital growth through investment in a portfolio consisting primarily of equity securities of businesses located around the world.

Key reasons to invest

A core global approach that invests in larger companies outside of Canada that the manager believes have sustainable competitive advantages.

The manager employs a disciplined investment process that focuses on identifying companies that typically pay a dividend by employing a bottom-up approach that focuses of fundamental valuation as well as an assessment of a country's competitive position, currency, and economic growth prospects. 

Differentiated portfolio of 25-40 of the portfolio manager’s best ideas operating in developed countries around the world that differs from the index.

Portfolio manager(s)

Manager Photo Manager Details
Joe Jugovic, CFA, QV Investors Inc. Joe Jugovic
CFA
QV Investors Inc.
Read Joe's bio  
Manager Photo Manager Details
Mathew Hermary, CFA, QV Investors Inc. Mathew Hermary
CFA
QV Investors Inc.
Read Mathew's bio  

Disclaimers

Performance as of January 31, 2021

Fund performance (%)

1-month 3-month YTD 1-year 3-year 5-year 10-year Since
inception
Rate of
return
3.3 13.9 -2.4 -2.4 -0.6 3.1 5.3 0.9

Calendar year performance (%)

2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Rate of
return
-2.4 7.5 -6.4 10.9 6.7 7.4 6.8 19.7 11.4 -5.9

Value of $10,000 investment

Disclaimers

Portfolio as of January 29, 2021

Description Value
Consumer Discretionary 21.7%
Financials 21.1%
Health Care 14.5%
Information Technology 10.6%
Energy 8.8%
Industrials 7.4%
Consumer Staples 4.5%
Materials 4.5%
Telecommunication Services 2.3%
Utilities 1.1%
Description Value
U.S. Equities 63.1%
Foreign Equities 33.3%
Cash and Other Net Assets 3.6%

Geographic allocation

Description Value
United States 63.1%
United Kingdom 10.1%
Europe - Other 5.2%
Netherlands 4.5%
France 3.7%
Germany 3.5%
Norway 3.1%
Asia 2.2%
Australia & Oceania 1.0%

Total number of investments

42

Description Value
Equity 43

Portfolio characteristics

Description Value
Portfolio yield 2.1%

Equity

Description Value
Royal Dutch Shell PLC 4.5%
AFLAC Inc. 4.2%
Bank Ozk Inc. 3.9%
Bank of America Corp. 3.8%
Centene Corp. 3.7%
Compass Group PLC 3.1%
3M Corp. 2.9%
Autozone Inc. 2.9%
Citrix Systems, Inc. 2.6%
UnitedHealth Group Inc. 2.6%
Total allocation 34.4%
Description Value
Royal Dutch Shell PLC 4.5%
AFLAC Inc. 4.2%
Bank Ozk Inc. 3.9%
Bank of America Corp. 3.8%
Cash and Cash Equivalents 3.8%
Centene Corp. 3.7%
Compass Group PLC 3.1%
3M Corp. 2.9%
Autozone Inc. 2.9%
Citrix Systems, Inc. 2.6%
UnitedHealth Group Inc. 2.6%
Ross Stores, Inc. 2.5%
McKesson Corp. 2.5%
Thor Industries Inc. 2.5%
BASF AG 2.5%
American Express Co. 2.5%
Darden Restaurants Inc. 2.4%
Cognizant Technology Solutions Corp. 2.4%
Novo Nordisk A/S, Sponsored ADR 2.4%
WH Smith PLC 2.4%
Booking Holdings Inc. 2.3%
Alphabet Holding Company Inc. 2.3%
Compagnie Générale des Établissements Michelin, Class B 2.3%
Union Pacific Corp. 2.3%
Wells Fargo & Co. 2.2%

Disclaimers

Excludes applicable sector allocations of investment funds not managed by IA Clarington Investments Inc.

Excludes cash and other net assets and applicable investment funds not managed by IA Clarington Investments Inc.

Portfolio characteristics are as of the date indicated in the Fund Profile document (see the “Documents” section at the bottom of this page). Portfolio characteristics will be updated when the Fund Profile is updated, typically 12–13 business days following month-end.

Information presented is of the underlying mutual fund

Distributions as of January 29, 2021

Recent distributions

Payment date Frequency $/unit or share
Feb. 29, 2020 Monthly, variable -0.051
Mar. 31, 2020 Monthly, variable -0.051
Apr. 30, 2020 Monthly, variable -0.037
May. 31, 2020 Monthly, variable -0.018
Jun. 30, 2020 Monthly, variable -0.019
Jul. 31, 2020 Monthly, variable -0.018
Aug. 31, 2020 Monthly, variable -0.029
Sep. 30, 2020 Monthly, variable -0.038
Oct. 31, 2020 Monthly, variable -0.041
Nov. 30, 2020 Monthly, variable -0.009
Dec. 31, 2020 Monthly, variable 0.019
Jan. 31, 2021 Monthly, variable 0.036

Disclaimers

The distribution information presented is based on the calendar year-end, and is indicated in dollar per unit or share.

Historical

Historical prices

Disclaimers

Documents

Disclaimers

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Series I

For institutional investors only. Not available for individual investors.

Series V

For institutional investors only. Not available for individual investors.

Series O

For institutional investors only. Not available for individual investors.

Series A

Available to investors in front-end, low-load and deferred sales commission options (depending on Fund).

Series B

Available to investors in a front-end purchase option.

Series B5

Available to investors in a front-end purchase option. This is a payout series for investors seeking regular monthly distributions.

Series E

Elite Pricing front-end series for qualifying investors.

Series E4

Elite Pricing front-end series for qualifying investors seeking regular monthly distributions.

Series E5

Elite Pricing front-end series for qualifying investors seeking regular monthly distributions.

Series E6

Elite Pricing front-end series for qualifying investors seeking regular monthly distributions.

Series EF

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This series is closed to new investors.

Series EF4

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series EF5

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series EF6

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series EFX

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This series is closed to new investors.

Series EFX6

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series ETF

TSX-listed ETF series.

Series EX

Elite Pricing front-end series for qualifying investors. This series is closed to new investors.

Series EX5

Elite Pricing front-end series for qualifying investors. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series EX6

Elite Pricing front-end series for qualifying investors. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series F

Fee-based series for investors participating in a fee-based program through their dealer.

Series F10

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions.

Series F4

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions.

Series F5

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions.

Series F6

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions.

Series F8

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions.

Series FX

Fee-based series for investors participating in a fee-based program through their dealer. This series is closed to new investors.

Series FX5

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series FX6

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series FX8

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series Guarantee A

For investors seeking a guaranteed investment option.

Series Guarantee B

For investors seeking a guaranteed investment option.

Series Guarantee C

For investors seeking a guaranteed investment option.

Series L

Advisor service charge series for investors at offering dealers.

Series L10

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions.

Series L4

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions.

Series L5

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions.

Series L6

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions.

Series L8

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions.

Series LM

Advisor service charge series for qualifying investors at offering dealers.

Series LX

Advisor service charge series for investors at offering dealers. This series is closed to new investors.

Series LX5

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series M

Available in front-end, low-load and deferred sales commission options for qualifying investors.

Series P

Unbundled fee option for qualifying investors at offering dealers. This series is closed to new investors.

Series P4

Unbundled fee option for qualifying investors at offering dealers. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series P5

Unbundled fee option for qualifying investors at offering dealers. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series P6

Unbundled fee option for qualifying investors at offering dealers. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series T10

Available to investors in front-end, low-load and deferred sales commission options. This is a payout series for investors seeking regular monthly distributions.

Series T4

Available to investors in front-end, low-load and deferred sales commission options. This is a payout series for investors seeking regular monthly distributions.

Series T5

Available to investors in front-end, low-load and deferred sales commission options. This is a payout series for investors seeking regular monthly distributions.

Series T6

Available to investors in front-end, low-load and deferred sales commission options. This is a payout series for investors seeking regular monthly distributions.

Series T8

Available to investors in front-end, low-load and deferred sales commission options. This is a payout series for investors seeking regular monthly distributions.

Series W

Available to investors who participate in qualifying dealer-sponsored fee-based programs.

Series X

Closed to new purchases.

Series X5

Closed to new purchases.

Series Y

Closed to new purchases.