CI Investment Grade Bond Fund

Series FH 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
CAD Total net assets ($CAD)
As at 2024-02-29
$301.9 million
NAVPS
As at 2024-04-15
$7.8861
MER (%)
As at 2023-09-30
1.03
Management fee (%) 0.75
Asset class Global Fixed Income
Currency USD Hedged
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0270

Risk rating1

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

FUND CODES

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

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*
0.18% 0.64% 0.18% 6.87% 3.83% -1.79% - - -1.96%
*Since inception date

Distribution history3

Payable date Total
2024-03-22 0.0270
2024-02-23 0.0270
2024-01-26 0.0270
2023-12-15 0.0270
2023-11-24 0.0270
Payable date Total
2023-10-27 0.0270
2023-09-22 0.0270
2023-08-25 0.0270
2023-07-28 0.0270
2023-06-23 0.0270

CI PREFERRED PRICING4

Investment amount Combined fee reduction
$100,000 - $500,000 0.05%
$500,000 - $1,000,000 0.11%
$1,000,000 - $2,500,000 0.28%
$2,500,000 - $5,000,000 0.32%
$5,000,000 and above 0.39%

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.
Adam Tuer

CI Investment Grade Bond Fund

Series FH USD Hedged
 
Portfolio allocations5 As at 2024-03-31
Asset allocation (%)
  • Canadian Corporate Bonds 50.66
  • Canadian Government Bonds 27.79
  • Cash and Equivalents 11.92
  • Foreign Corporate Bonds 4.81
  • Foreign Government Bonds 3.92
  • Derivatives 0.94
  • Other -0.04
Sector allocation (%)
  • Fixed Income 87.18
  • Cash and Cash Equivalent 11.92
  • Other 0.90
Geographic allocation(%)
  • Canada 85.47
  • United States 14.25
  • United Kingdom 0.32
  • Other -0.04
Top holdings
Sector (%)
1. Canada Government 0.50% 01-Dec-2030 Fixed Income 4.04%
2. Canada Government 3.25% 01-Dec-2033 Fixed Income 3.72%
3. Ontario Province 4.15% 02-Jun-2034 Fixed Income 2.83%
4. Swap Vm Citi Usd Other 2.73%
5. United States Treasury 4.38% 30-Nov-2030 Fixed Income 2.73%
6. Canada Government 2.75% 01-Jun-2033 Fixed Income 2.71%
7. Ontario Province 4.15% 02-Dec-2054 Fixed Income 2.63%
8. Canada Government 2.50% 01-Dec-2032 Fixed Income 2.20%
9. Canada Government 3.50% 01-Mar-2034 Fixed Income 1.78%
10. Canada Government 1.50% 01-Jun-2031 Fixed Income 1.31%
11. Canada Government 2.00% 01-Jun-2028 Fixed Income 1.22%
12. Dream Industrial REIT 2.06% 17-Jun-2027 Fixed Income 1.08%
13. SNC-Lavalin Group Inc 3.80% 19-Aug-2024 Cash and Cash Equivalent 1.08%
14. ARC Resources Ltd 2.35% 10-Mar-2026 Fixed Income 1.05%
15. Pembina Pipeline Corp 4.80% 25-Jan-2081 Fixed Income 1.04%
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