CI Canadian Bond Fund

Series O 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 October 2011
Total net assets ($CAD)
As at 2023-08-31
$3.2 billion
NAVPS
As at 2023-09-22
$8.4422
MER (%)
As at 2023-03-31
0.17
Management fee (%) Negotiable
Asset class Canadian Fixed Income
Currency CAD
Minimum investment $100,000 initial/$5,000 additional
Distribution frequency Monthly
Last distribution $0.0251
Average Credit Rating A+

Risk rating1

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

FUND CODES

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

Performance2 As at 2023-08-31

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*
1.66% -0.18% -1.00% 0.36% 1.31% -3.26% 1.24% 2.48% 2.49%
*Since inception date

Distribution history3

Payable date Total
2023-09-22 0.0251
2023-08-25 0.0248
2023-07-28 0.0308
2023-06-23 0.0248
2023-05-26 0.0298
Payable date Total
2023-04-21 0.0239
2023-03-24 0.0240
2023-02-24 0.0232
2023-01-27 0.0312
2022-12-16 0.0313

CI PREFERRED PRICING4

Investment amount Combined fee reduction
$100,000 and above 0.00%
$250,000 and above 0.03%
$500,000 and above 0.08%
$1,000,000 and above 0.13%
$2,500,000 and above 0.18%
$5,000,000 and above 0.20%

FUND CHARACTERISTICS

Average Coupon % 3.46
Duration 7.23
Yield 5.03

RATING SUMMARY (%)

AAA 29.76
AA 24.34
A 17.43
BBB 27.80
BB 0.68
Average Credit Rating A+

*Corporate and Government bonds only.

CI Canadian Bond Fund

Series O CAD
 
Portfolio allocations5 As at 2023-08-31
Asset allocation (%)
  • Canadian Government Bonds 53.46
  • Canadian Corporate Bonds 36.21
  • Cash and Equivalents 2.91
  • Foreign Corporate Bonds 2.80
  • Canadian Bonds - Other 2.57
  • Mortgages 1.13
  • Foreign Government Bonds 0.94
  • Other -0.02
Sector allocation (%)
  • Fixed Income 97.11
  • Cash and Cash Equivalent 2.91
  • Other -0.02
Geographic allocation(%)
  • Canada 95.91
  • United States 3.74
  • Multi-National 0.14
  • Cayman Islands 0.11
  • Germany 0.06
  • United Kingdom 0.02
  • Netherlands 0.01
  • France 0.01
  • Norway 0.01
  • Other -0.01
  • Belgium 0.01
Top holdings
Sector (%)
1. Ontario Province 3.65% 02-Jun-2033 Fixed Income 3.74%
2. Canada Government 2.50% 01-Dec-2032 Fixed Income 3.01%
3. Canada Government 1.50% 01-Dec-2031 Fixed Income 2.98%
4. Canada Government 4.00% 01-Jun-2041 Fixed Income 2.07%
5. Canada Housing Trust No 1 1.95% 15-Dec-2025 Fixed Income 2.06%
6. Canada Housing Trust No 1 2.65% 15-Dec-2028 Fixed Income 1.94%
7. Ontario Province 2.55% 02-Dec-2052 Fixed Income 1.80%
8. Canada Housing Trust No 1 0.95% 15-Jun-2025 Fixed Income 1.76%
9. Canada Government 3.00% 01-Nov-2024 Fixed Income 1.63%
10. Ontario Province 3.75% 02-Jun-2032 Fixed Income 1.53%
11. Ontario Province 4.65% 02-Jun-2041 Fixed Income 1.40%
12. Quebec Province 3.25% 01-Sep-2032 Fixed Income 1.38%
13. Canada Government 3.50% 01-Dec-2045 Fixed Income 1.37%
14. Canada Government 1.75% 01-Dec-2053 Fixed Income 1.36%
15. Canada Government 2.00% 01-Dec-2051 Fixed Income 1.25%

Management team

First we'll display the Team Company and then the Team members
John Shaw
Paul Marcogliese
James Dutkiewicz
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