CI Investment Grade Bond Fund

Series A USD
 

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 December 2014
CAD Total net assets ($CAD)
As at 2024-08-30
$253.6 million
NAVPS
As at 2024-09-17
$6.7014
MER (%)
As at 2024-03-31
1.58
Management fee (%) 1.25
Asset class Global Fixed Income
Currency USD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0185

Risk rating1

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

FUND CODES

A 2135
F 4135
O 19185

Performance2 As at 2024-08-31

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*
1.22% 2.75% 4.39% 4.39% 7.62% -4.33% -1.01% - 0.05%
*Since inception date

Distribution history3

Payable date Total
2024-08-23 0.0185
2024-07-26 0.0181
2024-06-21 0.0183
2024-05-24 0.0183
2024-04-26 0.0183
Payable date Total
2024-03-22 0.0184
2024-02-23 0.0185
2024-01-26 0.0186
2023-12-15 0.0187
2023-11-24 0.0183

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 Global Asset Management.
Adam Tuer

CI Investment Grade Bond Fund

Series A USD
 
Portfolio allocations4 As at 2024-08-31
Asset allocation (%)
  • Canadian Corporate Bonds 47.96
  • Canadian Government Bonds 29.25
  • Cash and Equivalents 15.55
  • Foreign Corporate Bonds 5.02
  • Derivatives 1.14
  • Foreign Government Bonds 1.13
  • Other -0.05
Sector allocation (%)
  • Fixed Income 83.36
  • Cash and Cash Equivalent 15.55
  • Other 1.09
Geographic allocation(%)
  • Canada 89.01
  • United States 11.04
  • Other -0.05
Top holdings
Sector (%)
1. Canada Government 3.00% 01-Jun-2034 Fixed Income 4.87%
2. Canada Government 1.50% 01-Jun-2031 Fixed Income 3.20%
3. Ontario Province 4.15% 02-Dec-2054 Fixed Income 3.05%
4. Canada Government 3.50% 01-Mar-2034 Fixed Income 2.11%
5. Canada Government 1.25% 01-Mar-2027 Fixed Income 2.04%
6. Ontario Province 4.15% 02-Jun-2034 Fixed Income 1.67%
7. Canada Government 3.25% 01-Sep-2028 Fixed Income 1.53%
8. Canada Government 2.50% 01-Dec-2032 Fixed Income 1.48%
9. Swap Vm Citi Usd Other 1.20%
10. Canada Government 2.75% 01-Dec-2055 Fixed Income 1.19%
11. Choice Properties REIT 3.56% 09-Sep-2024 Cash and Cash Equivalent 1.15%
12. Goldman Sachs Group Inc 3.31% 31-Oct-2024 Cash and Cash Equivalent 1.13%
13. Bank of Montreal 5.04% 29-Apr-2028 Fixed Income 1.12%
14. ARC Resources Ltd 2.35% 10-Mar-2026 Fixed Income 1.04%
15. Canada Government 2.75% 01-Jun-2033 Fixed Income 1.03%
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