CI North American Dividend Fund

Series A CAD
 

Fund overview

CI North American Dividend Fund's investment objective is to seek a balance of current income and long-term capital appreciation by investing primarily in a diversified portfolio of dividend-paying and/or distribution-paying North American equity and income securities, including income trusts and common and preferred shares and, to a lesser extent, interest bearing securities, such as bonds, bills or bankers' acceptances.

Fund details

description of elementelement value
Inception date August 2008
CAD Total net assets ($CAD)
As at 2024-02-29
$705.4 million
NAVPS
As at 2024-03-27
$13.5683
MER (%)
As at 2023-09-30
2.24
Management fee (%) 1.85
Asset class Canadian Dividend
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0315

Risk rating1

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

FUND CODES

T6 T8
A ISC 50227
DSC 50127
DSC 50327
LL 50427
LL 50027
ISC 11648
DSC 11698
LL 11998
B DSC SO* 51227
LL SO 53227
LL 52227
B8 DSC SO 51877
LL SO 53877
LL 52877
D 11098
E 16087
EF 15087
F 54227 54877
I 55227
O 18087
P 58227 58877
*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*
9.47% 5.97% 12.39% 15.69% 27.58% 9.77% 11.06% 7.25% 8.34%
*Since inception date

Distribution history3

Payable date Total
2024-03-22 0.0315
2024-02-23 0.0315
2024-01-26 0.0315
2023-12-22 0.0315
2023-11-24 0.0315
Payable date Total
2023-10-27 0.0315
2023-09-22 0.0315
2023-08-25 0.0315
2023-07-28 0.0315
2023-06-23 0.0315

CI PREFERRED PRICING4

Investment amount Combined fee reduction
$100,000 - $250,000 0.03%
$250,000 - $500,000 0.05%
$500,000 - $1,000,000 0.08%
$1,000,000 - $2,500,000 0.10%
$2,500,000 - $5,000,000 0.13%
$5,000,000 and above 0.24%

Management team

First we'll display the Team Company and then the Team members
Peter Hofstra
Jeremy Rosa

CI North American Dividend Fund

Series A CAD
 
Portfolio allocations5 As at 2024-02-29
Asset allocation (%)
  • US Equity 78.96
  • Canadian Equity 14.13
  • International Equity 4.27
  • Cash and Equivalents 2.58
  • Foreign Government Bonds 0.04
  • Other 0.02
Sector allocation (%)
  • Technology 43.33
  • Healthcare 17.17
  • Financial Services 13.60
  • Consumer Services 8.16
  • Real Estate 5.17
  • Consumer Goods 3.65
  • Cash and Cash Equivalent 2.58
  • Utilities 2.32
  • Industrial Services 2.01
  • Other 2.01
Geographic allocation(%)
  • United States 81.36
  • Canada 14.35
  • Taiwan 2.49
  • United Kingdom 1.78
  • Other 0.02
Top holdings
Sector (%)
1. Microsoft Corp Information Technology 6.30%
2. Amazon.com Inc Retail 5.16%
3. Alphabet Inc Cl A Information Technology 4.94%
4. NVIDIA Corp Computer Electronics 4.05%
5. Constellation Software Inc Information Technology 3.99%
6. Meta Platforms Inc Cl A Information Technology 3.56%
7. Eli Lilly and Co Drugs 3.47%
8. ServiceNow Inc Information Technology 3.45%
9. Apple Inc Computer Electronics 3.37%
10. Jacobs Solutions Inc Construction 3.28%
11. Salesforce Inc Information Technology 3.28%
12. Broadcom Inc Computer Electronics 3.20%
13. Stryker Corp Healthcare Equipment 3.15%
14. Royal Bank of Canada Banking 3.12%
15. JPMorgan Chase & Co Banking 2.99%
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