CI International Value Corporate Class

Series A CAD
 

Fund overview

This fund invests primarily in equity and equity-related securities of companies whose primary operations are outside of North America.

Fund details

description of elementelement value
Inception date July 1996
CAD Total net assets ($CAD)
As at 2024-10-30
 $407.4 million
NAVPS
As at 2024-11-20 		$17.7413
MER (%)
As at 2024-03-31 		2.44
Management fee (%) 2.00
Asset class International Equity
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Quarterly
Last distribution $0.0056

Risk rating1

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

FUND CODES

T5 T8
A ISC 205
DSC SO* 705
LL SO 1705 		ISC 169T5
DSC SO 269T5
LL SO 369T5 		ISC 669T8
DSC SO 769T8
LL SO 869T8
E 16007 16807 16507
EF 15007 15807 15507
F 458 969T8
I 5312 069T8
O 18007 18807 18507
P 90030
*No new purchases directly into switch only funds.

Performance2 As at 2024-10-31

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*
9.88% -2.30% -0.10% 4.82% 16.29% 5.69% 4.27% 5.94% 3.21%
*Since inception date

Distribution history3

Payable date Total
2023-03-24 0.0056
2022-03-25 0.3696
2021-03-26 0.1315
2020-12-18 0.0422
2020-09-25 0.0420
Payable date Total
2020-06-26 0.0608
2020-03-20 0.0980
2019-12-13 0.1744
2019-09-27 0.1682
2019-06-21 0.1698

CI PREFERRED PRICING4

Investment amount Combined fee reduction
$100,000 - $500,000 0.08%
$500,000 - $1,000,000 0.11%
$1,000,000 - $2,500,000 0.22%
$2,500,000 - $5,000,000 0.30%
$5,000,000 and above 0.42%

Management team

First we'll display the Team Company and then the Team members
Altrinsic Global Advisors
Altrinsic Global Advisors follows a fundamental value approach to seek out high-quality undervalued companies worldwide. Altrinsic was founded by John Hock and associates and a sub-advisor to CI Global Asset Management, a subsidiary of CI Financial Corp. CI Financial Corp. holds a minority interest in Altrinsic Global Advisors.
John Hock
John DeVita
Rich McCormick

Note: This page is not complete without disclaimers on the next page.

CI International Value Corporate Class

Series A CAD
 
Portfolio allocations5 As at 2024-10-31
Asset allocation (%)
  • International Equity 95.78
  • Cash and Equivalents 2.67
  • Canadian Equity 1.58
  • Other -0.03
Sector allocation (%)
  • Financial Services 35.89
  • Consumer Goods 19.99
  • Healthcare 11.48
  • Other 5.80
  • Consumer Services 5.61
  • Technology 4.83
  • Industrial Goods 4.59
  • Industrial Services 4.46
  • Basic Materials 4.26
  • Energy 3.09
Geographic allocation(%)
  • Other 20.84
  • Japan 13.60
  • France 12.11
  • Germany 10.08
  • Switzerland 9.87
  • Ireland 8.89
  • United Kingdom 7.14
  • Korea, Republic Of 5.95
  • Bermuda 5.88
  • Netherlands 5.64
Underlying fund allocations
Sector (%)
1. Chubb Ltd Insurance 3.90%
2. Everest RE Group Ltd Insurance 2.98%
3. KB Financial Group Inc Banking 2.92%
4. Sanofi SA Drugs 2.65%
5. Danone SA Food, Beverage and Tobacco 2.38%
6. Heineken NV Food, Beverage and Tobacco 2.33%
7. HDFC Bank Ltd - ADR Banking 2.28%
8. Medtronic PLC Healthcare Equipment 2.28%
9. Zurich Insurance Group AG Cl N Insurance 2.20%
10. Willis Towers Watson PLC Insurance 2.20%
11. Gsk Plc Drugs 2.19%
12. Sands China Ltd Leisure 2.03%
13. Sumitomo Mitsui Trust Holdings Inc Banking 1.99%
14. TotalEnergies SE Integrated Production 1.96%
15. Cad Cash Sweep Cash and Cash Equivalent 1.93%
Top holdings
Sector (%)
1. Chubb Ltd Insurance 3.90%
2. Everest RE Group Ltd Insurance 2.98%
3. KB Financial Group Inc Banking 2.92%
4. Sanofi SA Drugs 2.65%
5. Danone SA Food, Beverage and Tobacco 2.38%
6. Heineken NV Food, Beverage and Tobacco 2.33%
7. HDFC Bank Ltd - ADR Banking 2.28%
8. Medtronic PLC Healthcare Equipment 2.28%
9. Willis Towers Watson PLC Insurance 2.20%
10. Zurich Insurance Group AG Cl N Insurance 2.20%
11. Gsk Plc Drugs 2.19%
12. Sands China Ltd Leisure 2.03%
13. Sumitomo Mitsui Trust Holdings Inc Banking 1.99%
14. TotalEnergies SE Integrated Production 1.96%
15. Cad Cash Sweep Cash and Cash Equivalent 1.93%

Note: This page is not complete without disclaimers on the next page.

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.

1 The risk level of a fund has been determined in accordance with a standardized risk classification methodology in National Instrument 81-102, that is based on the fund’s historical volatility as measured by the 10-year standard deviation of the fund’s returns. Where a fund has offered securities to the public for less than 10 years, the standardized methodology requires that the standard deviation of a reference mutual fund or index that reasonably approximates the fund’s standard deviation be used to determine the fund’s risk rating. Please note that historical performance may not be indicative of future returns and a fund’s historical volatility may not be indicative of future volatility.

2 Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all dividends/distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.

3 Please refer to the fund’s simplified prospectus for distribution information.

4 CI Preferred Pricing fee reductions apply to management and administration fees and start at $100,000.

5 Portfolio allocations will fluctuate over the life of the mutual fund as the portfolio holdings and market value of each security changes. The portfolio manager(s) may change the portfolio allocations in some or all of the sectors.

The contents are not to be used or construed as investment advice or as an endorsement or recommendation of any entity of security discussed.

Certain statements contained in this communication are based in whole or in part on information provided by third parties and CI has taken reasonable steps to ensure their accuracy.

The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values or returns on investment in an investment fund.

The “Growth of $10,000 invested” chart shows the final value of a hypothetical $10,000 investment in securities in this class/series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.

Management Expense Ratio (“MER”) represents the trailing 12-month management expense ratio, which reflects the cost of running the fund, inclusive of applicable taxes including HST, GST and QST (excluding commissions and other portfolio transaction costs) as a percentage of daily average net asset value the period, including the fund’s proportionate share of any underlying fund(s) expenses, if applicable. The MER is reported in each fund’s Management Report of Fund Performance (“MRFP”). MRFPs can be found within the Documents tab on ci.com.

CI Global Asset Management is a registered business name of CI Investments Inc.

©CI Investments Inc. 2024. All rights reserved.

Published November 2024