CI Global Bond Fund

Series EF CAD
 

Fund overview

This fund invests primarily in fixed income and floating rate securities of governments and companies throughout the world.

Fund details

description of elementelement value
Inception date August 2015
CAD Total net assets ($CAD)
As at 2024-10-30
 $191.5 million
NAVPS
As at 2024-12-02 		$8.6125
MER (%)
As at 2024-03-31 		0.74
Management fee (%) 0.55
Asset class Global Fixed Income
Currency CAD
Minimum investment $100,000 initial/$5,000 additional
Distribution frequency Monthly
Last distribution $0.0127
Average Credit Rating A+

Risk rating1

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

FUND CODES
EF 15175
A ISC 624
DSC SO* 623
LL SO 1623
E 16175
F 129
I 894
O 18175
P 90164
*No new purchases directly into switch only funds.

Performance2 As at 2024-11-30

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*
3.60% -0.94% 1.03% 5.01% 9.25% -0.44% -0.73% - 0.82%
*Since inception date

Distribution history3

Payable date Total
2024-11-22 0.0127
2024-10-25 0.0128
2024-09-27 0.0184
2024-08-23 0.0133
2024-07-26 0.0191
Payable date Total
2024-06-21 0.0137
2024-05-24 0.0138
2024-04-26 0.0187
2024-03-22 0.0116
2024-02-23 0.0105

CI PREFERRED PRICING4

Investment amount Combined fee reduction
$100,000 - $250,000 0.00%
$250,000 - $500,000 0.03%
$500,000 - $1,000,000 0.08%
$1,000,000 - $2,500,000 0.13%
$2,500,000 - $5,000,000 0.18%
$5,000,000 and above 0.20%

FUND CHARACTERISTICS

Average Coupon % 3.20
Duration 6.51
Yield 4.35

RATING SUMMARY (%)

AAA 41.00
AA 7.00
A 21.00
BBB 17.00
BB 9.00
B 3.00
Average Credit Rating A+

*Corporate and Government bonds only.

Note: This page is not complete without disclaimers on the next page.

CI Global Bond Fund

Series EF CAD
 
Portfolio allocations5 As at 2024-10-31
Asset allocation (%)
  • Foreign Government Bonds 52.89
  • Foreign Corporate Bonds 27.33
  • Cash and Equivalents 10.43
  • Canadian Government Bonds 7.95
  • Canadian Corporate Bonds 1.16
  • US Equity 0.21
  • Other 0.03
Sector allocation (%)
  • Fixed Income 89.33
  • Cash and Cash Equivalent 10.43
  • Financial Services 0.21
  • Other 0.03
Geographic allocation(%)
  • United States 41.97
  • Other 12.76
  • Germany 9.67
  • Canada 9.47
  • Australia 6.48
  • Spain 6.47
  • Japan 6.03
  • Europe 3.00
  • France 2.76
  • Indonesia 1.39
Underlying fund allocations
Sector (%)
1. CI Emerging Markets Bond Fund Series I Mutual Fund 10.04%
2. United States Treasury 3.63% 31-May-2028 Fixed Income 5.32%
3. Canada Government 3.00% 01-Jun-2034 Fixed Income 3.64%
4. Australia Government 0.25% 21-Nov-2024 Cash and Cash Equivalent 3.61%
5. Spain Government 3.25% 30-Apr-2034 Fixed Income 3.39%
6. Germany Government 2.10% 12-Apr-2029 Fixed Income 3.29%
7. France Government 0.00% 25-Nov-2030 Fixed Income 2.76%
8. Japan Government 0.10% 20-Dec-2030 Fixed Income 2.52%
9. Germany Government 2.20% 15-Feb-2034 Fixed Income 2.51%
10. United States Treasury 0.13% 15-Jul-2031 Fixed Income 2.41%
11. Australia Government Bond 3.00% 21-Nov-2033 Fixed Income 2.38%
12. Spain Government 3.50% 31-May-2029 Fixed Income 2.38%
13. Germany Government 2.60% 15-Aug-2034 Fixed Income 2.34%
14. Japan Government 0.10% 20-Mar-2031 Fixed Income 2.19%
15. United States Treasury 2.25% 15-Feb-2052 Fixed Income 1.85%
Top holdings
Sector (%)
1. United States Treasury 3.63% 31-May-2028 Fixed Income 5.32%
2. Canada Government 3.00% 01-Jun-2034 Fixed Income 3.64%
3. Australia Government 0.25% 21-Nov-2024 Cash and Cash Equivalent 3.61%
4. Spain Government 3.25% 30-Apr-2034 Fixed Income 3.39%
5. Germany Government 2.10% 12-Apr-2029 Fixed Income 3.29%
6. France Government 0.00% 25-Nov-2030 Fixed Income 2.76%
7. Japan Government 0.10% 20-Dec-2030 Fixed Income 2.52%
8. Germany Government 2.20% 15-Feb-2034 Fixed Income 2.51%
9. United States Treasury 0.13% 15-Jul-2031 Fixed Income 2.41%
10. Australia Government Bond 3.00% 21-Nov-2033 Fixed Income 2.38%
11. Spain Government 3.50% 31-May-2029 Fixed Income 2.38%
12. Germany Government 2.60% 15-Aug-2034 Fixed Income 2.34%
13. Japan Government 0.10% 20-Mar-2031 Fixed Income 2.19%
14. United States Treasury 2.25% 15-Feb-2052 Fixed Income 1.85%
15. Canada Government 4.00% 01-Dec-2031 Fixed Income 1.76%

Management team

First we'll display the Team Company and then the Team members
John Shaw
Fernanda Fenton

Note: This page is not complete without disclaimers on the next page.

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.

1 The risk level of a fund has been determined in accordance with a standardized risk classification methodology in National Instrument 81-102, that is based on the fund’s historical volatility as measured by the 10-year standard deviation of the fund’s returns. Where a fund has offered securities to the public for less than 10 years, the standardized methodology requires that the standard deviation of a reference mutual fund or index that reasonably approximates the fund’s standard deviation be used to determine the fund’s risk rating. Please note that historical performance may not be indicative of future returns and a fund’s historical volatility may not be indicative of future volatility.

2 Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all dividends/distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.

3 Please refer to the fund’s simplified prospectus for distribution information.

4 CI Preferred Pricing fee reductions apply to management and administration fees and start at $100,000.

5 Portfolio allocations will fluctuate over the life of the mutual fund as the portfolio holdings and market value of each security changes. The portfolio manager(s) may change the portfolio allocations in some or all of the sectors.

The contents are not to be used or construed as investment advice or as an endorsement or recommendation of any entity of security discussed.

Certain statements contained in this communication are based in whole or in part on information provided by third parties and CI has taken reasonable steps to ensure their accuracy.

The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values or returns on investment in an investment fund.

The “Growth of $10,000 invested” chart shows the final value of a hypothetical $10,000 investment in securities in this class/series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.

Management Expense Ratio (“MER”) represents the trailing 12-month management expense ratio, which reflects the cost of running the fund, inclusive of applicable taxes including HST, GST and QST (excluding commissions and other portfolio transaction costs) as a percentage of daily average net asset value the period, including the fund’s proportionate share of any underlying fund(s) expenses, if applicable. The MER is reported in each fund’s Management Report of Fund Performance (“MRFP”). MRFPs can be found within the Documents tab on ci.com.

CI Global Asset Management is a registered business name of CI Investments Inc.

©CI Investments Inc. 2024. All rights reserved.

Published December 2024