CI Dividend Income & Growth Fund

Series A CAD
 

Fund overview

This fund invests primarily in preferred shares and dividend paying common shares of Canadian companies. 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 October 1996
CAD Total net assets ($CAD)
As at 2024-03-28
$1.0 billion
NAVPS
As at 2024-05-21
$16.4678
MER (%)
As at 2023-09-30
1.89
Management fee (%) 1.50
Asset class Canadian Dividend
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0400

Risk rating1

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

FUND CODES

A ISC 610
DSC SO* 810
LL SO 1810
E 16191
EF 15191
F 444
I 5101
O 18191
P 90162
X ISC 2902
DSC 3902
Z ISC 2901
DSC 3901
*No new purchases directly into switch only funds.

Performance2 As at 2024-04-30

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*
8.52% -0.95% 5.57% 18.20% 12.11% 8.08% 8.42% 6.73% 6.90%
*Since inception date

Distribution history3

Payable date Total
2024-04-26 0.0400
2024-03-22 0.0400
2024-02-23 0.0400
2024-01-26 0.0400
2023-12-22 0.0400
Payable date Total
2023-11-24 0.0400
2023-10-27 0.0400
2023-09-22 0.0400
2023-08-25 0.0400
2023-07-28 0.0400

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 0.20%
$2,500,000 - $5,000,000 0.28%
$5,000,000 and above 0.40%

Management team

First we'll display the Team Company and then the Team members
Kevin McSweeney
John Shaw
Neil Seneviratne

CI Dividend Income & Growth Fund

Series A CAD
 
Portfolio allocations5 As at 2024-04-30
Asset allocation (%)
  • Canadian Equity 64.71
  • US Equity 20.21
  • International Equity 8.97
  • Cash and Equivalents 2.96
  • Canadian Corporate Bonds 2.86
  • Income Trust Units 0.26
  • Other 0.03
Sector allocation (%)
  • Financial Services 32.58
  • Energy 17.53
  • Other 15.80
  • Telecommunications 6.83
  • Healthcare 5.82
  • Utilities 5.70
  • Technology 4.35
  • Basic Materials 3.93
  • Consumer Goods 3.81
  • Consumer Services 3.65
Geographic allocation(%)
  • Canada 70.26
  • United States 20.29
  • France 2.33
  • United Kingdom 1.94
  • Other 1.57
  • Taiwan 1.55
  • Germany 0.61
  • Switzerland 0.52
  • Korea, Republic Of 0.47
  • Bermuda 0.46
Top holdings
Sector (%)
1. CI Gbl Infrastructure Private Pool ETF C$ (CINF) Exchange Traded Fund 3.51%
2. Brookfield Corp Cl A Asset Management 2.55%
3. Bank of Montreal Banking 2.30%
4. Cenovus Energy Inc Integrated Production 2.02%
5. Agnico Eagle Mines Ltd Gold and Precious Metals 1.99%
6. Fairfax Financial Holdings Ltd Insurance 1.96%
7. Bank of Nova Scotia Banking 1.92%
8. Manulife Financial Corp Insurance 1.76%
9. Taiwan Semiconductor Manufactrg Co Ltd - ADR Computer Electronics 1.55%
10. Enbridge Inc Energy Services and Equipment 1.54%
11. Canadian Natural Resources Ltd Oil and Gas Production 1.53%
12. ARC Resources Ltd Oil and Gas Production 1.44%
13. TELUS Corp Diversified Telecommunications 1.40%
14. BCE Inc - Pfd Sr AB Diversified Telecommunications 1.33%
15. Teck Resources Ltd Cl B Metals and Mining 1.30%
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