CI Investment Grade Bond Fund

Series F CAD
 

Fund overview

This fund invests primarily in a diversified portfolio of corporate bonds rated BBB- and above by a recognized bond rating agency, issued anywhere in the world.

Fund details

description of elementelement value
Inception date December 2014
CAD Total net assets ($CAD)
As at 2024-06-28
$260.7 million
NAVPS
As at 2024-07-24
$9.0499
MER (%)
As at 2024-03-31
1.03
Management fee (%) 0.75
Asset class Global Fixed Income
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0300

Risk rating1

  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High

FUND CODES

T5
F 4185 493T5
A ISC 2185
DSC SO* 3185
LL SO 1185
ISC 193T5
DSC SO 293T5
LL SO 393T5
E 16185
EF 15185
I 5185 593T5
O 18185
P 90081
*No new purchases directly into switch only funds.

Performance2 As at 2024-06-30

Growth of $10,000 (Since inception date)

growth of 10k graph

Calendar year performance

annual performance graph

average annual compound returns

YTD 1 Mo 3 Mo 6 Mo 1 Y 3 Y 5 Y 10 Y Inception*
0.93% 0.96% 0.93% 0.93% 4.84% -2.21% -0.19% - 1.95%
*Since inception date

Distribution history3

Payable date Total
2024-06-21 0.0300
2024-05-24 0.0300
2024-04-26 0.0300
2024-03-22 0.0300
2024-02-23 0.0300
Payable date Total
2024-01-26 0.0300
2023-12-15 0.0300
2023-11-24 0.0300
2023-10-27 0.0300
2023-09-22 0.0300

CI PREFERRED PRICING4

Investment amount Combined fee reduction
$100,000 - $500,000 0.05%
$500,000 - $1,000,000 0.11%
$1,000,000 - $2,500,000 0.28%
$2,500,000 - $5,000,000 0.32%
$5,000,000 and above 0.39%

Management team

First we'll display the Team Company and then the Team members
Marret Asset Management
Marret Asset Management focuses on fixed-income investing and alternative strategies on behalf of institutional, high net worth and retail clients. Marret Asset Management Inc. is a partly owned subsidiary of CI Financial Corp. and an affiliate of CI Global Asset Management.
Adam Tuer

CI Investment Grade Bond Fund

Series F CAD
 
Portfolio allocations5 As at 2024-06-30
Asset allocation (%)
  • Canadian Corporate Bonds 47.28
  • Canadian Government Bonds 30.11
  • Cash and Equivalents 13.26
  • Foreign Government Bonds 4.31
  • Foreign Corporate Bonds 3.94
  • Derivatives 1.11
  • Other -0.01
Sector allocation (%)
  • Fixed Income 85.64
  • Cash and Cash Equivalent 13.26
  • Other 1.10
Geographic allocation(%)
  • Canada 86.75
  • United States 13.26
  • Other -0.01
Top holdings
Sector (%)
1. Canada Government 3.00% 01-Jun-2034 Fixed Income 6.12%
2. Canada Government 1.50% 01-Jun-2031 Fixed Income 3.29%
3. Ontario Province 4.15% 02-Dec-2054 Fixed Income 2.90%
4. Ontario Province 4.15% 02-Jun-2034 Fixed Income 2.29%
5. Canada Government 3.25% 01-Dec-2033 Fixed Income 2.03%
6. Canada Government 3.50% 01-Mar-2034 Fixed Income 1.98%
7. Canada Government 3.25% 01-Sep-2028 Fixed Income 1.45%
8. Canada Government 2.50% 01-Dec-2032 Fixed Income 1.39%
9. Canada Government 2.00% 01-Jun-2028 Fixed Income 1.36%
10. Canada Government 1.75% 01-Dec-2053 Fixed Income 1.30%
11. Swap Vm Citi Usd Other 1.18%
12. Choice Properties REIT 3.56% 26-Jul-2024 Cash and Cash Equivalent 1.11%
13. Canada Government 4.00% 01-Mar-2029 Fixed Income 1.10%
14. Goldman Sachs Group Inc 3.31% 31-Oct-2024 Cash and Cash Equivalent 1.09%
15. Bank of Montreal 5.04% 29-Apr-2028 Fixed Income 1.06%
Over 35,000 financial advisors have chosen CI Global Asset Management as a partner. We believe that Canadians have the best opportunity for investments success by using the services of a professional financial advisor. Learn more at ci.com.