CI Canadian Bond Fund

Series A CAD
 

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 January 1993
CAD Total net assets ($CAD)
As at 2024-03-28
$2.9 billion
NAVPS
As at 2024-05-21
$5.0479
MER (%)
As at 2023-09-30
1.41
Management fee (%) 1.10
Asset class Canadian Fixed Income
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0133
Average Credit Rating A+

Risk rating1

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

FUND CODES

A ISC 837
DSC SO* 847
LL SO 1847
LL 1941
E 16187
EF 15187
F 726
I 893
O 18187
P 90159
Z 2941
*No new purchases directly into switch only funds.

Performance2 As at 2024-04-30

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*
-3.12% -2.06% -1.81% 4.96% -1.01% -2.79% -0.41% 0.89% 4.06%
*Since inception date

Distribution history3

Payable date Total
2024-04-26 0.0133
2024-03-22 0.0093
2024-02-23 0.0091
2024-01-26 0.0154
2023-12-15 0.0072
Payable date Total
2023-11-24 0.0093
2023-10-27 0.0136
2023-09-22 0.0093
2023-08-25 0.0089
2023-07-28 0.0124

CI PREFERRED PRICING4

Investment amount Combined fee reduction
$100,000 - $500,000 0.05%
$500,000 - $1,000,000 0.06%
$1,000,000 - $2,500,000 0.13%
$2,500,000 - $5,000,000 0.17%
$5,000,000 and above 0.24%

FUND CHARACTERISTICS

Average Coupon % 3.78
Duration 7.06
Yield 5.09

RATING SUMMARY (%)

AAA 34.53
AA 21.37
A 15.68
BBB 27.61
BB 0.81
Average Credit Rating A+

*Corporate and Government bonds only.

CI Canadian Bond Fund

Series A CAD
 
Portfolio allocations5 As at 2024-04-30
Asset allocation (%)
  • Canadian Government Bonds 52.35
  • Canadian Corporate Bonds 35.36
  • Cash and Equivalents 5.82
  • Canadian Bonds - Other 2.64
  • Foreign Corporate Bonds 2.39
  • Foreign Government Bonds 0.85
  • Mortgages 0.70
  • US Equity 0.01
  • Other -0.12
Sector allocation (%)
  • Fixed Income 93.93
  • Cash and Cash Equivalent 5.82
  • Technology 0.35
  • Financial Services 0.01
  • Other -0.11
Geographic allocation(%)
  • Canada 96.65
  • United States 3.23
  • Cayman Islands 0.12
  • Germany 0.05
  • Luxembourg 0.02
  • Netherlands 0.01
  • Norway 0.01
  • France 0.01
  • Belgium 0.01
  • Other -0.11
Top holdings
Sector (%)
1. Canada Government 3.00% 01-Nov-2024 Cash and Cash Equivalent 3.77%
2. Canada Government 2.50% 01-Dec-2032 Fixed Income 3.19%
3. Canada Government 1.50% 01-Apr-2025 Fixed Income 2.42%
4. Canada Housing Trust No 1 3.65% 15-Jun-2033 Fixed Income 2.18%
5. Canada Government 3.50% 01-Dec-2045 Fixed Income 2.03%
6. Ontario Province 3.65% 02-Jun-2033 Fixed Income 1.95%
7. Canada Government 5.00% 01-Jun-2037 Fixed Income 1.90%
8. Canada Government 1.50% 01-Dec-2031 Fixed Income 1.87%
9. Canada Housing Trust No 1 4.25% 15-Dec-2028 Fixed Income 1.81%
10. Canada Government 1.25% 01-Jun-2030 Fixed Income 1.78%
11. Ontario Province 3.75% 02-Jun-2032 Fixed Income 1.66%
12. Canada Government 2.00% 01-Dec-2051 Fixed Income 1.62%
13. CANADA HOUSING TRUST NO 1 3.95% 15-Jun-2028 Fixed Income 1.50%
14. Ontario Province 4.65% 02-Jun-2041 Fixed Income 1.49%
15. Canada Government 3.25% 01-Dec-2033 Fixed Income 1.46%

Management team

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