CI Canadian Core Plus Bond Fund

Series I CAD
 

Fund overview

The investment objective of the fund is to provide stability of capital and income with the potential for capital appreciation by investing primarily in a portfolio of fixed-income securities issued by Canadian and foreign governments and corporations.

Fund details

description of elementelement value
Inception date March 2015
CAD Total net assets ($CAD)
As at 2024-02-29
$1.0 billion
NAVPS
As at 2024-03-27
$8.2140
MER (%)
As at 2023-09-30
0.00
Management fee (%) Negotiable
Asset class Canadian Fixed Income
Currency CAD
Minimum investment Negotiable
Distribution frequency Monthly
Last distribution $0.0230
Average Credit Rating A

Risk rating1

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

FUND CODES

I NL 1330
NL 14565
A ISC 2645
DSC SO* 3645
LL SO 1645
F 4645
P 90045
*No new purchases directly into switch only funds.

Performance2 As at 2024-02-29

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*
1.03% 0.84% 6.94% 8.05% 7.67% -3.01% 1.07% - 1.39%
*Since inception date

Distribution history3

Payable date Total
2024-03-22 0.0230
2024-02-23 0.0230
2024-01-26 0.0230
2023-12-15 0.0716
2023-11-24 0.0230
Payable date Total
2023-10-27 0.0230
2023-09-22 0.0230
2023-08-25 0.0230
2023-07-28 0.0230
2023-06-23 0.0230

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 % 4.08
Duration 7.91
Yield 6.81

RATING SUMMARY (%)

AAA 33.26
AA 9.64
A 9.97
BBB 41.83
BB 5.29
Average Credit Rating A

*Corporate and Government bonds only.

CI Canadian Core Plus Bond Fund

Series I CAD
 
Portfolio allocations5 As at 2024-02-29
Asset allocation (%)
  • Canadian Corporate Bonds 44.51
  • Foreign Government Bonds 24.15
  • Canadian Equity 14.35
  • Canadian Government Bonds 14.32
  • Foreign Corporate Bonds 2.58
  • Cash and Equivalents 0.09
Sector allocation (%)
  • Fixed Income 80.67
  • Financial Services 13.11
  • Technology 4.89
  • Consumer Services 1.24
  • Cash and Cash Equivalent 0.09
Geographic allocation(%)
  • Canada 73.27
  • United States 25.06
  • Germany 1.67
Top holdings
Sector (%)
1. United States Treasury 1.88% 15-Feb-2041 Fixed Income 7.05%
2. United States Treasury 3.63% 15-Feb-2053 Fixed Income 6.24%
3. United States Treasury 2.88% 15-May-2052 Fixed Income 5.43%
4. Constellation Software Inc - Debenture Sr 1 Information Technology 4.89%
5. Bank of Nova Scotia 3.70% 27-Jun-2026 Fixed Income 4.73%
6. United States Treasury 4.13% 15-Aug-2053 Fixed Income 3.76%
7. Toronto-Dominion Bank - Pfd Cl A Sr 1 Banking 3.70%
8. Bank of Montreal 3.19% 01-Mar-2028 Fixed Income 3.24%
9. Toronto-Dominion Bank 5.75% PERP Fixed Income 3.01%
10. 407 International Inc 5.75% 14-Feb-2036 Fixed Income 2.88%
11. Canada Government 1.75% 01-Dec-2053 Fixed Income 2.72%
12. Bank of Montreal - Pfd Sr 27 Banking 2.70%
13. Royal Bank of Canada - Pfd Sr BB Banking 2.69%
14. Teekay Offshore Partners Dummy Fixed Income 2.58%
15. Canadian Imperial Bank Commrce 4.00% 28-Dec-2026 Fixed Income 2.57%

Management team

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