CI Investment Grade Bond Fund

Series AH USD Hedged
 

Fund overview

This fund invests primarily in a diversified portfolio of corporate bonds rated BBB- and above by a recognized bond rating agency, issued anywhere in the world.

Fund details

description of elementelement value
Inception date March 2020
Total net assets ($CAD)
As at 2022-10-31
$844.3 million
NAVPS
As at 2022-11-28
$8.0591
MER (%)
As at 2022-03-31
1.63
Management fee (%) 1.25
Asset class Global Fixed Income
Currency USD Hedged
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0190

Risk rating1

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

FUND CODES

AH ISC 2188
DSC SO* 3188
LL SO 3088
FH 4188
IH 5188
PH 90188
*No new purchases directly into switch only funds.

Performance2 As at 2022-10-31

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*
-13.90% -1.40% -4.90% -4.30% -12.90% - - - -6.20%
*Since inception date

Distribution history3

Payable date Total
2022-11-25 0.0190
2022-10-28 0.0190
2022-09-23 0.0191
2022-08-26 0.0192
2022-07-22 0.0194
Payable date Total
2022-06-24 0.0194
2022-05-27 0.0189
2022-04-22 0.0189
2022-03-25 0.0193
2022-02-25 0.0189

Management team

First we'll display the Team Company and then the Team members
Marret Asset Management
Marret Asset Management focuses on fixed-income investing and alternative strategies on behalf of institutional, high net worth and retail clients. Marret Asset Management Inc. is a partly owned subsidiary of CI Financial Corp. and an affiliate of CI Investments Inc.
Paul Sandhu
Adam Tuer

CI Investment Grade Bond Fund

Series AH USD Hedged
 
Portfolio allocations4 As at 2022-10-31
Asset allocation (%)
  • Canadian Corporate Bonds 77.22
  • Foreign Corporate Bonds 11.83
  • Canadian Government Bonds 6.12
  • Foreign Government Bonds 2.65
  • Cash and Equivalents 1.79
  • Derivatives 0.30
  • Canadian Equity 0.10
  • Other -0.01
Sector allocation (%)
  • Fixed Income 97.82
  • Cash and Cash Equivalent 1.79
  • Other 0.29
  • Financial Services 0.10
Geographic allocation(%)
  • Canada 84.49
  • United States 15.74
  • Other -0.01
  • Europe -0.22
Top holdings
Sector (%)
1. Canada Government 1.00% 01-Jun-2027 Fixed Income 2.00%
2. Co-operators Financl Srvcs Ltd 3.33% 13-May-2030 Fixed Income 1.73%
3. ARC Resources Ltd 3.47% 10-Mar-2031 Fixed Income 1.57%
4. Saputo Inc 1.42% 19-Jun-2026 Fixed Income 1.43%
5. Thomson Reuters Corp 2.24% 14-May-2025 Fixed Income 1.43%
6. Waste Management Canada Corp 2.60% 23-Sep-2026 Fixed Income 1.23%
7. Canada Government 2.75% 01-Dec-2048 Fixed Income 1.18%
8. ARC Resources Ltd 2.35% 10-Mar-2026 Fixed Income 1.14%
9. Manulife Financial Corp 3.38% 19-Jun-2081 Fixed Income 1.13%
10. Great-West Lifeco Inc 3.60% 31-Dec-2081 Fixed Income 1.11%
11. Sagen MI Canada Inc 3.26% 05-Mar-2031 Fixed Income 1.04%
12. Dollarama Inc 3.55% 06-Nov-2023 Fixed Income 1.01%
13. Toronto-Dominion Bank 3.60% 31-Oct-2081 Fixed Income 1.01%
14. United States Treasury 2.75% 15-Aug-2032 Fixed Income 0.99%
15. Royal Bank of Canada 4.50% 24-Nov-2080 Fixed Income 0.99%
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