CI Short-Term Bond Fund

Series A CAD
 

Fund overview

This fund invests primarily in debt securities of Canadian issuers maturing in five years or less and in short-term notes. It is currently expected that investments in foreign securities will generally be no more than 49% of the fund’s assets.

Fund details

description of elementelement value
Inception date February 1977
Total net assets ($CAD)
As at 2022-10-31
$42.0 million
NAVPS
As at 2022-11-28
$4.7579
MER (%)
As at 2022-03-31
1.41
Management fee (%) 1.10
Asset class Short Term Bond
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0188

Risk rating1

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

FUND CODES

A ISC 7220
DSC SO* 7225
LL SO 1225
E 16159
EF 15159
F 7226
I 7982
O 18159
P 90180
*No new purchases directly into switch only funds.

Performance2 As at 2022-10-31

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*
-5.50% -0.30% -1.60% -1.60% -5.20% -1.00% -0.10% 0.20% 5.30%
*Since inception date

Distribution history3

Payable date Total
2022-11-25 0.0188
2022-10-28 0.0058
2022-09-23 0.0058
2022-08-26 0.0075
2022-07-22 0.0053
Payable date Total
2022-06-24 0.0070
2022-05-27 0.0066
2022-04-22 0.0048
2022-03-25 0.0045
2022-02-25 0.0046

CI PREFERRED PRICING4

Investment amount Combined fee reduction
$100,000 - $500,000 0.05%
$500,000 - $1,000,000 0.06%
$1,000,000 - $2,500,000 0.13%
$2,500,000 - $5,000,000 0.17%
$5,000,000 and above 0.24%

Management team

First we'll display the Team Company and then the Team members
Leanne Ongaro

CI Short-Term Bond Fund

Series A CAD
 
Portfolio allocations5 As at 2022-10-31
Asset allocation (%)
  • Canadian Corporate Bonds 63.65
  • Canadian Government Bonds 21.24
  • Canadian Bonds - Other 9.78
  • Cash and Equivalents 4.84
  • Mortgages 0.47
  • Other 0.02
Sector allocation (%)
  • Fixed Income 95.14
  • Cash and Cash Equivalent 4.84
  • Other 0.02
Geographic allocation(%)
  • Canada 99.98
  • Other 0.02
Top holdings
Sector (%)
1. Canada Government 0.75% 01-Feb-2024 Fixed Income 6.15%
2. Canada Government 2.75% 01-Aug-2024 Fixed Income 5.01%
3. Nissan Canada Inc 2.10% 22-Sep-2025 Fixed Income 4.48%
4. Canada Government 1.50% 01-Jun-2023 Cash and Cash Equivalent 3.90%
5. Ford Credit Canada Co 6.78% 15-Sep-2025 Fixed Income 3.34%
6. Equitable Bank 1.88% 26-Nov-2025 Fixed Income 2.95%
7. Gmf Canada Leasing Trust Fixed Income 2.78%
8. Canadian Western Bank 3.67% 11-Jun-2029 Fixed Income 2.74%
9. Bell Canada (QuebecCA) 4.70% 11-Sep-2023 Fixed Income 2.61%
10. Ontario Province 2.60% 08-Sep-2023 Fixed Income 2.48%
11. Rogers Communications Inc 3.10% 15-Apr-2025 Fixed Income 2.31%
12. H&R REIT 4.07% 16-Jun-2025 Fixed Income 2.30%
13. Alberta Province 2.20% 01-Jun-2026 Fixed Income 2.18%
14. Quebec Province 3.00% 01-Sep-2023 Fixed Income 2.14%
15. Gibson Energy Inc 2.45% 14-Jul-2025 Fixed Income 2.13%
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