CI Global High Yield Credit Private Pool

Series A CAD
 

Fund overview

The pool’s investment objective is to generate income and the potential for long-term capital appreciation by investing primarily in higher yielding fixed-income securities and other debt instruments of issuers located anywhere in the world.

Fund details

description of elementelement value
Inception date October 2018
CAD Total net assets ($CAD)
As at 2024-03-28
$16.1 million
NAVPS
As at 2024-04-15
$9.4691
MER (%)
As at 2023-09-30
1.27
Management fee (%) 1.05
Asset class High Yield Bond
Currency CAD
Minimum investment $5,000 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0404
Average Credit Rating BB-

Risk rating1

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

FUND CODES

A 2059
F 4059
I 5059

Performance2 As at 2024-03-31

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*
3.04% 1.42% 3.04% 9.12% 11.86% 2.88% 3.73% - 4.21%
*Since inception date

Distribution history3

Payable date Total
2024-03-22 0.0404
2024-02-23 0.0410
2024-01-26 0.0323
2023-12-22 0.0449
2023-11-24 0.0460
Payable date Total
2023-10-27 0.0541
2023-09-22 0.0444
2023-08-25 0.0428
2023-07-28 0.0421
2023-06-23 0.0387

FUND CHARACTERISTICS

Average Coupon % 5.83
Duration 3.41
Yield 7.17

RATING SUMMARY (%)

AAA 1.83
BBB 10.11
BB 42.87
B 37.89
NR 3.99
Average Credit Rating BB-

*Corporate and Government bonds only.

CI Global High Yield Credit Private Pool

Series A CAD
 
Portfolio allocations4 As at 2024-03-31
Asset allocation (%)
  • Foreign Corporate Bonds 69.73
  • Canadian Corporate Bonds 20.64
  • Cash and Equivalents 5.77
  • Canadian Equity 1.91
  • Foreign Government Bonds 1.75
  • Canadian Government Bonds 0.19
  • International Equity 0.01
Sector allocation (%)
  • Fixed Income 91.76
  • Cash and Cash Equivalent 5.77
  • Consumer Goods 1.14
  • Consumer Services 0.55
  • Real Estate 0.31
  • Telecommunications 0.19
  • Financial Services 0.14
  • Energy 0.07
  • Utilities 0.07
Geographic allocation(%)
  • United States 72.52
  • Canada 27.01
  • Cayman Islands 0.46
  • Bermuda 0.01
Top holdings
Sector (%)
1. Empire Communities Corp 7.38% 15-Dec-2025 Fixed Income 2.57%
2. ING Group NV 4.88% PERP Fixed Income 2.47%
3. Mattamy Group Corp 4.63% 01-Mar-2030 Fixed Income 2.42%
4. Roblox Corp 3.88% 01-May-2030 Fixed Income 2.06%
5. Enerflex Ltd 9.00% 15-Oct-2027 Fixed Income 1.98%
6. Inter Pipeline Ltd 6.88% 26-Mar-2079 Fixed Income 1.87%
7. Rogers Communications Inc 5.00% 17-Dec-2081 Fixed Income 1.84%
8. CITIGROUP INC 3.88% 31-Dec-2049 Fixed Income 1.79%
9. AAdvantage Loyalty IP Ltd 0.00% 15-Mar-2028 Fixed Income 1.76%
10. United States Treasury 3.88% 15-Aug-2033 Fixed Income 1.75%
11. ROYAL BANK OF CANADA 7.41% 31-Dec-2049 Fixed Income 1.69%
12. Wynn Macau Ltd 5.63% 26-Aug-2028 Fixed Income 1.69%
13. Pembina Pipeline Corp 4.80% 25-Jan-2081 Fixed Income 1.62%
14. Fairfax India Holdings Corp 5.00% 26-Feb-2028 Fixed Income 1.57%
15. Studio City Finance Ltd 5.00% 15-Jan-2029 Fixed Income 1.56%

Management team

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