CI Global Unconstrained Bond Fund (formerly CI Global Unconstrained Bond Private Pool)

Series F CAD
 

Fund overview

The fund's objective is to generate income and the potential for long-term capital appreciation by investing primarily in a diversified portfolio of fixed-income securities of any credit quality, issued by companies or governments of any size, located anywhere in the world.

Fund details

description of elementelement value
Inception date October 2018
CAD Total net assets ($CAD)
As at 2024-06-28
$67.7 million
NAVPS
As at 2024-07-23
$9.8393
MER (%)
As at 2024-03-31
0.82
Management fee (%) 0.55
Asset class Global Fixed Income
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0291
Average Credit Rating BBB+

Risk rating1

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

FUND CODES

F 4062
A ISC 2062
DSC SO* 3116
LL SO 3016
I 5062
*No new purchases directly into switch only funds.

Performance2 As at 2024-06-30

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*
2.53% 1.07% 1.21% 2.53% 8.34% 1.78% 3.42% - 3.60%
*Since inception date

Distribution history3

Payable date Total
2024-06-21 0.0291
2024-05-24 0.0284
2024-04-26 0.0354
2024-03-22 0.0283
2024-02-23 0.0280
Payable date Total
2024-01-26 0.0383
2023-12-22 0.0224
2023-11-24 0.0337
2023-10-27 0.0424
2023-09-22 0.0336

FUND CHARACTERISTICS

Average Coupon % 4.77
Duration 5.39
Yield 5.68

RATING SUMMARY (%)

AAA 28.26
AA 0.65
A 9.93
BBB 35.12
BB 15.02
B 9.76
NR 0.64
Average Credit Rating BBB+

*Corporate and Government bonds only.

CI Global Unconstrained Bond Fund (formerly CI Global Unconstrained Bond Private Pool)

Series F CAD
 
Portfolio allocations4 As at 2024-06-30
Asset allocation (%)
  • Foreign Corporate Bonds 30.34
  • Canadian Corporate Bonds 27.96
  • Canadian Government Bonds 23.42
  • Cash and Equivalents 6.40
  • Canadian Equity 5.13
  • Foreign Government Bonds 5.13
  • Canadian Bonds - Other 1.07
  • Mortgages 0.30
  • US Equity 0.25
Sector allocation (%)
  • Fixed Income 87.94
  • Cash and Cash Equivalent 6.40
  • Financial Services 3.00
  • Energy 1.29
  • Real Estate 0.44
  • Technology 0.27
  • Utilities 0.26
  • Mutual Fund 0.18
  • Telecommunications 0.18
  • Other 0.04
Geographic allocation(%)
  • Canada 63.49
  • United States 31.71
  • Other 2.72
  • Cayman Islands 0.64
  • United Kingdom 0.58
  • Mexico 0.21
  • Turkey 0.19
  • Indonesia 0.18
  • Saudi Arabia 0.14
  • Qatar 0.14
Top holdings
Sector (%)
1. Canada Government 3.25% 01-Dec-2033 Fixed Income 9.84%
2. Canada Government 3.00% 01-Jun-2034 Fixed Income 6.43%
3. Canada Government 1.75% 01-Dec-2053 Fixed Income 3.77%
4. iShares JPMorgan USD EM Bond ETF (EMB) Exchange Traded Fund 3.76%
5. Canada Government 4.00% 01-Mar-2029 Fixed Income 1.74%
6. Canada Government 4.00% 01-May-2026 Fixed Income 0.89%
7. United States Treasury 4.25% 15-Feb-2054 Fixed Income 0.78%
8. Royal Bank of Canada 5.23% 24-Jun-2030 Fixed Income 0.77%
9. AerCap Ireland Capital DAC 3.30% 30-Oct-2031 Fixed Income 0.76%
10. Canadian Imperial Bank Commrce 5.50% 14-Dec-2027 Fixed Income 0.76%
11. Toronto-Dominion Bank 4.68% 08-Jan-2029 Fixed Income 0.75%
12. Bank of Montreal 4.54% 18-Dec-2028 Fixed Income 0.74%
13. Bank Of Montreal 4.98% 03-Jul-2034 Fixed Income 0.74%
14. Cenovus Energy Inc 3.50% 07-Feb-2028 Fixed Income 0.72%
15. First Capital Realty Inc 3.45% 01-Mar-2028 Fixed Income 0.70%

Management team

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