CI Canadian Convertible Bond Fund

Series F CAD
 

Fund overview

The Fund invests predominantly in Canadian debentures that are convertible into equity of Canadian issuers, investments of convertible debentures of non-Canadian issuers as well as fixed income instruments and equities. The Fund may invest up to 30% of the net asset value in convertible debentures of non-Canadian issuers. No more than 20% of the Fund's net asset value will be invested in equities as a result of any conversions and fixed income instruments, other equities and cash. At the Fund Manager's discretion, the Fund may be invested entirely in cash or cash equivalents.

Fund details

description of elementelement value
Inception date November 2009
CAD Total net assets ($CAD)
As at 2025-04-29
$30.1 million
NAVPS
As at 2025-05-16
$10.9843
MER (%)
As at 2024-12-31
1.02
Management fee (%) 0.75
Asset class Canadian Fixed Income
Currency CAD
Minimum investment $500 initial/$100 additional
Distribution frequency Quarterly
Last distribution $0.1500

Risk rating1

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

FUND CODES

F 95705
A ISC 95703
DSC 95700
LL 95701

Performance2 As at 2025-04-30

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*
0.15% -0.35% 1.06% 1.62% 5.36% 3.16% 6.91% 5.25% 5.88%
*Since inception date

Distribution history3

Payable date Total
2025-03-28 0.1500
2024-12-20 0.1500
2024-09-27 0.1500
2024-06-21 0.1500
2024-03-22 0.1500
Payable date Total
2023-12-22 0.1500
2023-09-22 0.1500
2023-06-23 0.1500
2023-03-24 0.1500
2022-12-16 0.1500

Management team

First we'll display the Team Company and then the Team members
Lee Goldman

CI Canadian Convertible Bond Fund

Series F CAD
 
Portfolio allocations4 As at 2025-04-30
Asset allocation (%)
  • Canadian Equity 49.81
  • Canadian Corporate Bonds 37.15
  • Foreign Corporate Bonds 5.68
  • Cash and Equivalents 5.22
  • Income Trust Units 2.17
  • Other -0.03
Sector allocation (%)
  • Fixed Income 22.68
  • Real Estate 18.63
  • Consumer Goods 16.08
  • Consumer Services 7.87
  • Industrial Goods 7.80
  • Utilities 7.63
  • Basic Materials 5.56
  • Cash and Cash Equivalent 5.22
  • Healthcare 4.42
  • Other 4.11
Geographic allocation(%)
  • Canada 94.34
  • United States 5.68
  • Other -0.02
Top holdings5
Sector (%)
1. NFI Group Inc - Pfd Automotive 6.97%
2. Innergex Renewable Energy Inc - Debenture Cl C Electric Utilities 5.51%
3. Ag Growth International Inc - Pfd Manufacturing 4.55%
4. WELL Health Technologies Corp - Pfd Drugs 4.36%
5. ADVANTAGE ENERGY LTD 5.00% 30-Jun-2029 Fixed Income 4.09%
6. Cineplex Inc - Debenture Leisure 4.00%
7. American Hotel Income Properties REIT LP - Pfd Real Estate Investment Trust 3.85%
8. Storagevault Canada Inc - Debenture Diversified Consumer Services 3.50%
9. SURGE ENERGY INC 8.50% 31-Dec-2028 Fixed Income 3.45%
10. CI Canadian Convertible Bond ETF (CXF) Fixed Income 3.20%
11. Exchange Income Corp - Pfd Automotive 3.06%
12. Chorus Aviation Inc - Pfd Aerospace and Defence 3.04%
13. Premium Brands Holdings Corp - Debenture Cl H Food, Beverage and Tobacco 2.98%
14. Fortuna Mining Corp 3.75% 30-Jun-2029 Fixed Income 2.84%
15. B2Gold Corp 2.75% 01-Feb-2030 Fixed Income 2.83%
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