CI Corporate Bond Class

Series F CAD
 

Fund overview

Signature Corporate Bond Class's investment objective is to provide investors with a return that is similar to the return of Signature Corporate Bond Fund, or another North American and/or international bond fund managed by us (the “Reference Fund”). The investment objective of the Reference Fund is to provide investors with income and the potential for long-term capital appreciation by investing in a portfolio consisting primarily of North American and/or international investment grade and non-investment grade corporate bonds and may also invest in real-return bonds, preferred shares, convertible securities or other fixed-income securities. The fund purchases primarily Canadian equity securities which it sells forward under a series of forward contracts in order to provide the fund with a return that is based on the performance of the Reference Fund. In addition, or in the alternative, the fund may invest directly in fixed-income securities similar to those held by the Reference Fund.

Fund details

description of elementelement value
Inception date August 2012
CAD Total net assets ($CAD)
As at 2024-05-30
$175.4 million
NAVPS
As at 2024-06-14
$8.3015
MER (%)
As at 2023-09-30
1.02
Management fee (%) 0.55
Asset class Global Fixed Income
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0375
Average Credit Rating BB+

Risk rating1

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

FUND CODES

F 54043
A 50043
B DSC SO* 51043
LL SO 53043
LL 52043
E 16037
EF 15037
I 55043
O 18037
P 58043
*No new purchases directly into switch only funds.

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*
1.96% 1.28% 0.95% 4.34% 7.64% 0.64% 2.62% 3.09% 3.30%
*Since inception date

Distribution history3

Payable date Total
2024-05-24 0.0375
2024-04-26 0.0375
2024-03-22 0.0214
2024-03-21 0.0375
2024-02-23 0.0375
Payable date Total
2024-01-26 0.0375
2023-12-15 0.0375
2023-11-24 0.0375
2023-10-27 0.0375
2023-09-21 0.0375

CI PREFERRED PRICING4

Investment amount Combined fee reduction
$100,000 - $250,000 0.00%
$250,000 - $500,000 0.00%
$500,000 - $1,000,000 0.01%
$1,000,000 - $2,500,000 0.08%
$2,500,000 - $5,000,000 0.13%
$5,000,000 and above 0.20%

FUND CHARACTERISTICS

Average Coupon % 5.59
Duration 3.86
Yield 6.98

RATING SUMMARY (%)

AAA 2.10
AA 0.89
A 12.18
BBB 42.77
BB 21.11
B 15.89
NR 4.09
Average Credit Rating BB+

*Corporate and Government bonds only.

CI Corporate Bond Class

Series F CAD
 
Portfolio allocations5 As at 2024-05-31
Asset allocation (%)
  • Foreign Corporate Bonds 43.91
  • Canadian Corporate Bonds 40.17
  • Canadian Equity 5.94
  • Cash and Equivalents 3.27
  • Canadian Government Bonds 2.32
  • Canadian Bonds - Other 1.51
  • US Equity 1.18
  • Mortgages 0.81
  • Foreign Government Bonds 0.71
  • Other 0.18
Sector allocation (%)
  • Fixed Income 88.96
  • Cash and Cash Equivalent 3.27
  • Financial Services 3.15
  • Energy 1.16
  • Mutual Fund 0.78
  • Utilities 0.73
  • Telecommunications 0.62
  • Consumer Goods 0.57
  • Real Estate 0.38
  • Other 0.38
Geographic allocation(%)
  • Canada 52.10
  • United States 45.89
  • Cayman Islands 1.69
  • Bermuda 0.30
  • Ireland 0.13
  • United Kingdom 0.01
  • Other -0.12
Top holdings
Sector (%)
1. CI Corporate Bond Fund Class I Fixed Income 99.94%

Management team

First we'll display the Team Company and then the Team members
Geof Marshall
John Shaw
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