CI Global High Yield Credit Private Pool

TSX TICKER : CGHY.U
 

Fund overview

The pool’s investment objective is to generate income and the potential for long-term capital appreciation by investing primarily in higher yielding fixed-income securities and other debt instruments of issuers located anywhere in the world.

Fund details

description of elementelement value
Inception date April 2022
Total net assets ($USD)
As at 2024-06-21
$1.6 million
NAVPS
As at 2024-06-21
$10.2078
MER (%)
As at 2023-09-30
0.77
Management fee (%) 0.55
Units outstanding
As at 2024-06-21
164,329
Asset class High Yield Bond
Currency USD Hedged
CUSIP 12568N207
Distribution frequency Monthly
Last distribution $0.0377
Average Credit Rating BB-

Risk rating1

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

Investor suitability

For those who:
  • seeking income and the potential for capital appreciation
  • are investing for the long term
  • can tolerate low to medium risk

Performance2 As at 2024-05-31

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*
3.88% 1.02% 2.09% 6.71% 12.77% - - - 5.84%
*Since inception date

Distribution history3

Payable date Total
2024-05-23 0.0377
2024-04-23 0.0450
2024-03-21 0.0427
2024-02-22 0.0419
2024-01-24 0.0288
Payable date Total
2023-12-20 0.0539
2023-11-23 0.0453
2023-10-24 0.0475
2023-09-22 0.0453
2023-08-24 0.0416

FUND CHARACTERISTICS

Average Coupon % 5.92
Duration 3.38
Yield 7.38

RATING SUMMARY (%)

AAA 1.67
BBB 9.45
BB 46.24
B 36.62
NR 3.85
Average Credit Rating BB-

*Corporate and Government bonds only.

CI Global High Yield Credit Private Pool

TSX TICKER : CGHY.U
 
Portfolio allocations4 As at 2024-05-31
Asset allocation (%)
  • Foreign Corporate Bonds 69.42
  • Canadian Corporate Bonds 20.43
  • Cash and Equivalents 6.57
  • Canadian Equity 1.80
  • Foreign Government Bonds 1.58
  • Canadian Government Bonds 0.20
  • International Equity 0.01
  • Other -0.01
Sector allocation (%)
  • Fixed Income 91.11
  • Cash and Cash Equivalent 6.57
  • Consumer Goods 1.14
  • Consumer Services 0.52
  • Real Estate 0.27
  • Telecommunications 0.17
  • Financial Services 0.11
  • Utilities 0.07
  • Energy 0.05
  • Other -0.01
Geographic allocation(%)
  • United States 70.17
  • Canada 28.65
  • Hong Kong 0.75
  • Cayman Islands 0.43
  • Bermuda 0.01
  • Other -0.01
Top holdings
Sector (%)
1. Mattamy Group Corp 4.63% 01-Mar-2030 Fixed Income 2.39%
2. Empire Communities Corp 7.38% 15-Dec-2025 Fixed Income 2.38%
3. ING Group NV 4.88% PERP Fixed Income 2.29%
4. Roblox Corp 3.88% 01-May-2030 Fixed Income 2.00%
5. Enerflex Ltd 9.00% 15-Oct-2027 Fixed Income 1.94%
6. Inter Pipeline Ltd 6.88% 26-Mar-2079 Fixed Income 1.86%
7. Rogers Communications Inc 5.00% 17-Dec-2081 Fixed Income 1.80%
8. CITIGROUP INC 3.88% 31-Dec-2049 Fixed Income 1.65%
9. Wynn Macau Ltd 5.63% 26-Aug-2028 Fixed Income 1.64%
10. Pembina Pipeline Corp 4.80% 25-Jan-2081 Fixed Income 1.63%
11. ROYAL BANK OF CANADA 7.41% 31-Dec-2049 Fixed Income 1.58%
12. United States Treasury 3.88% 15-Aug-2033 Fixed Income 1.58%
13. AAdvantage Loyalty IP Ltd 0.00% 15-Mar-2028 Fixed Income 1.53%
14. Fairfax India Holdings Corp 5.00% 26-Feb-2028 Fixed Income 1.53%
15. Studio City Finance Ltd 5.00% 15-Jan-2029 Fixed Income 1.52%

Management team

First we'll display the Team Company and then the Team members
Geof Marshall
Brad Benson
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.