CI Canadian Bond Corporate Class

Series P USD
 

Fund overview

This fund invests primarily in fixed income securities of Canadian governments and companies. It is currently expected that investments in foreign securities will generally be no more than 49% of the fund's assets.

Fund details

description of elementelement value
Inception date May 2017
CAD Total net assets ($CAD)
As at 2024-10-30
$97.4 million
NAVPS
As at 2024-12-04
$7.6621
MER (%)
As at 2024-03-31
0.19
Management fee (%) Negotiable
Asset class Canadian Fixed Income
Currency USD
Minimum investment $500 initial/$25 additional
Distribution frequency Quarterly
Last distribution $0.0293
Average Credit Rating A+

Risk rating1

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

FUND CODES

P 90409
A ISC 2503
DSC 3503
LL 1503
F 4503

Performance2 As at 2024-11-30

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*
-1.25% -3.80% 0.42% 5.56% 12.09% -3.56% -0.01% - 1.53%
*Since inception date

Distribution history3

Payable date Total
2022-03-25 0.0293
2021-03-26 0.0896
2020-12-18 0.1123
2020-09-25 0.1052
2020-06-26 0.0617
Payable date Total
2020-03-20 0.1616
2019-12-13 0.0079
2019-09-27 0.0079
2019-06-21 0.0078
2019-03-22 0.0122

FUND CHARACTERISTICS

Average Coupon % 3.85
Duration 7.31
Yield 4.29

RATING SUMMARY (%)

AAA 33.00
AA 20.00
A 17.00
BBB 30.00
BB 1.00
Average Credit Rating A+

*Corporate and Government bonds only.

CI Canadian Bond Corporate Class

Series P USD
 
Portfolio allocations4 As at 2024-10-31
Asset allocation (%)
  • Canadian Government Bonds 49.12
  • Canadian Corporate Bonds 38.75
  • Cash and Equivalents 6.43
  • Foreign Corporate Bonds 2.54
  • Canadian Bonds - Other 2.37
  • Mortgages 0.71
  • Foreign Government Bonds 0.16
  • Other -0.08
Sector allocation (%)
  • Fixed Income 93.33
  • Cash and Cash Equivalent 6.43
  • Technology 0.33
  • Other -0.09
Geographic allocation(%)
  • Canada 96.93
  • United States 3.03
  • Germany 0.06
  • Luxembourg 0.02
  • Norway 0.01
  • Belgium 0.01
  • Netherlands 0.01
  • Spain 0.01
  • Other -0.08
Underlying fund allocations
Sector (%)
1. CI Canadian Bond Fund Class I Fixed Income 99.68%
Top holdings
Sector (%)
1. Canada Housing Trust No 1 3.50% 15-Dec-2034 Fixed Income 3.43%
2. Canada Government 2.50% 01-Dec-2032 Fixed Income 3.00%
3. Canada Government 3.50% 01-Dec-2045 Fixed Income 2.22%
4. Canada Government 1.25% 01-Jun-2030 Fixed Income 2.17%
5. Canada Government 5.00% 01-Jun-2037 Fixed Income 1.95%
6. Canada Government 0.50% 01-Sep-2025 Cash and Cash Equivalent 1.94%
7. Canada Government 3.00% 01-Jun-2034 Fixed Income 1.92%
8. Canada Housing Trust No 1 4.25% 15-Dec-2028 Fixed Income 1.89%
9. Canada Government 2.00% 01-Dec-2051 Fixed Income 1.72%
10. Canada Government 1.50% 01-Dec-2031 Fixed Income 1.56%
11. Canada Government 3.25% 01-Dec-2033 Fixed Income 1.51%
12. Ontario Province 4.65% 02-Jun-2041 Fixed Income 1.45%
13. Canada Government 4.00% 01-Jun-2041 Fixed Income 1.39%
14. Canada Government 1.75% 01-Dec-2053 Fixed Income 1.26%
15. Quebec Province 3.25% 01-Sep-2032 Fixed Income 1.09%

Management team

First we'll display the Team Company and then the Team members
John Shaw
Grant Connor
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