CI Corporate Bond Corporate Class

Series A USD
 

Fund overview

This fund invests mainly in fixed income securities that are investment grade and below investment grade.

Fund details

description of elementelement value
Inception date July 2003
CAD Total net assets ($CAD)
As at 2025-03-28
$493.1 million
NAVPS
As at 2025-04-16
$12.9787
MER (%)
As at 2024-09-30
1.39
Management fee (%) 1.05
Asset class Global Fixed Income
Currency USD
Minimum investment $500 initial/$25 additional
Distribution frequency Quarterly
Last distribution $0.0410
Average Credit Rating BBB-

Risk rating1

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

FUND CODES

A ISC 2508
DSC 3508
LL 1508
F 4508
P 90410

Performance2 As at 2025-03-31

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*
1.05% -0.11% 1.05% -3.52% 2.01% -0.68% 4.78% 1.68% 3.94%
*Since inception date

Distribution history3

Payable date Total
2025-03-28 0.0410
2024-03-22 0.0345
2023-03-24 0.0322
2022-03-25 0.2080
2021-03-26 0.0520
Payable date Total
2020-12-18 0.1470
2020-09-25 0.1373
2020-06-26 0.1074
2020-03-20 0.2399
2019-12-13 0.1232

FUND CHARACTERISTICS

Average Coupon % 5.65
Duration 3.99
Yield 6.13

RATING SUMMARY (%)

AAA 3.18
AA 0.96
A 13.19
BBB 41.43
BB 23.68
B 13.87
NR 3.19
Average Credit Rating BBB-

*Corporate and Government bonds only.

CI Corporate Bond Corporate Class

Series A USD
 
Portfolio allocations4 As at 2025-03-31
Asset allocation (%)
  • Foreign Corporate Bonds 43.75
  • Canadian Corporate Bonds 37.72
  • Cash and Equivalents 5.80
  • Canadian Equity 5.76
  • Canadian Government Bonds 1.91
  • Foreign Government Bonds 1.42
  • Other 1.00
  • Canadian Bonds - Funds 0.98
  • Canadian Bonds - Other 0.86
  • US Equity 0.80
Sector allocation (%)
  • Fixed Income 86.75
  • Cash and Cash Equivalent 5.80
  • Financial Services 2.44
  • Energy 1.08
  • Utilities 0.74
  • Mutual Fund 0.73
  • Other 0.67
  • Telecommunications 0.65
  • Real Estate 0.64
  • Consumer Goods 0.50
Geographic allocation(%)
  • Canada 49.99
  • United States 47.45
  • North America 0.98
  • Cayman Islands 0.53
  • Luxembourg 0.37
  • Bermuda 0.30
  • Australia 0.14
  • Ireland 0.13
  • Other 0.10
  • United Kingdom 0.01
Underlying fund allocations
Sector (%)
1. CI Corporate Bond Fund Class I Fixed Income 99.99%
Top holdings
Sector (%)
1. CASH Cash and Cash Equivalent 1.24%
2. Fairfax India Holdings Corp 5.00% 26-Feb-2028 Fixed Income 1.04%
3. Ci Alternative Cred Opportunities Fd In Fixed Income 0.98%
4. Quotient Hldgs Fin Co Ltd Sr 144A Nt 1230 12.00% 15-Apr-2030 Fixed Income 0.92%
5. Dresdner Funding Trust I 8.15% 30-Jun-2029 Fixed Income 0.89%
6. Citigroup Capital XIII - Pfd Mutual Fund 0.73%
7. Inter Pipeline Ltd 6.63% 19-Nov-2079 Fixed Income 0.67%
8. Pembina Pipeline Corp 4.80% 25-Jan-2081 Fixed Income 0.65%
9. Barclays Bank Plc 6.28% 15-Dec-2171 Fixed Income 0.57%
10. Venture Global Lng Inc 9.00% 30-Mar-2173 Fixed Income 0.52%
11. Keyera Corp 6.88% 13-Jun-2079 Fixed Income 0.51%
12. Canada Goose Inc Term Loan B 7.94% 07-Oct-2027 Fixed Income 0.50%
13. Lincoln National Corp 6.96% 11-Aug-2026 Fixed Income 0.50%
14. Northeast Grocery Inc Fixed Income 0.50%
15. Trulieve Cannabis Corp - Pfd Food, Beverage and Tobacco 0.50%

Management team

First we'll display the Team Company and then the Team members
Geof Marshall
John Shaw
Brad Benson
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