CI DoubleLine Income US$ Fund

Series AH CAD Hedged
 

Fund overview

The fund’s investment objective is to maximize total return by primarily investing in a combination of securitized assets and other income-producing securities of varying characteristics, selected for their potential to provide a high level of current income, capital appreciation or both.

Fund details

description of elementelement value
Inception date May 2020
CAD Total net assets ($CAD)
As at 2023-03-31
$110.5 million
NAVPS
As at 2024-03-26
$8.3278
MER (%)
As at 2023-09-30
1.53
Management fee (%) 1.20
Asset class High Yield Bond
Currency CAD Hedged
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0532

Risk rating1

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

FUND CODES

AH ISC 2075
DSC SO* 3175
LL SO 3075
FH 4075
IH 5075
PH 90275
*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*
0.22% -1.10% 2.81% 3.95% 5.64% -0.68% - - 1.54%
*Since inception date

Distribution history3

Payable date Total
2024-03-22 0.0532
2024-02-23 0.0456
2024-01-26 0.0421
2023-12-15 0.0623
2023-11-24 0.0436
Payable date Total
2023-10-27 0.0696
2023-09-22 0.0500
2023-08-25 0.0462
2023-07-28 0.0547
2023-06-23 0.0474

Management team

First we'll display the Team Company and then the Team members
DoubleLine Capital LP
DoubleLine Capital LP’s (“DoubleLine”) is an independent, employee-owned money management firm with over US$150 billion in combined assets under management invested across a wide array of investment strategies. The firm’s fixed-income portfolio management team averages 23 years of industry experience and 17 years of working together and have managed fixed income portfolios through numerous credit and market cycles.
Ken Shinoda
Morris Chen
Andrew Hsu

CI DoubleLine Income US$ Fund

Series AH CAD Hedged
 
Portfolio allocations4 As at 2024-02-29
Asset allocation (%)
  • Mortgages 59.87
  • Foreign Bonds - Other 31.93
  • Cash and Equivalents 5.08
  • Foreign Corporate Bonds 2.21
  • Foreign Government Bonds 0.95
  • Other -0.04
Sector allocation (%)
  • Fixed Income 94.96
  • Cash and Cash Equivalent 5.08
  • Other -0.04
Geographic allocation(%)
  • United States 100.25
  • Cayman Islands 0.29
  • Other -0.04
  • Canada -0.50
Top holdings
Sector (%)
1. Verus Securitization Trust 5.36% 26-Apr-2060 Fixed Income 3.52%
2. Federal National Mrtgage Assoc 4.50% 01-Jul-2052 Fixed Income 3.26%
3. AMSR Trust 5.25% 17-Jul-2037 Fixed Income 2.59%
4. AMSR Trust 4.00% 17-Jul-2037 Fixed Income 1.83%
5. Connecticut Avenue Securities 9.20% 25-Sep-2039 Fixed Income 1.77%
6. Federal National Mrtgage Assoc 5.00% 01-Jun-2053 Fixed Income 1.77%
7. Federal National Mrtgage Assoc 3.00% 01-Mar-2052 Fixed Income 1.64%
8. Long Beach Mortgage Loan Trust 5.76% 25-Jul-2036 Fixed Income 1.62%
9. IndyMac INDX Mortgage Ln Trust 4.01% 27-Oct-2036 Fixed Income 1.57%
10. Progress Resdntl Master Trust 5.27% 17-Apr-2037 Fixed Income 1.48%
11. Merrill Lynch Frkln Mrtge Ln T 5.61% 25-Apr-2037 Fixed Income 1.41%
12. Verus Securitization Trust 5.50% 25-Mar-2060 Fixed Income 1.34%
13. Jersey Mikes Funding LLC 4.43% 15-Feb-2050 Fixed Income 1.28%
14. Angel Oak Mortgage Trust 6.29% 25-Mar-2049 Fixed Income 1.26%
15. CSMC Mortgage Backed Trust 25-Feb-2060 Fixed Income 1.21%
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