CI Global Balanced Corporate Class

Series A USD
 

Fund overview

This fund invests primarily in a balanced portfolio of equities and fixed income securities issued by governments, supra-national agencies or corporations anywhere in the world.

Fund details

description of elementelement value
Inception date July 2011
Total net assets ($CAD)
As at 2023-02-28
$328.6 million
NAVPS
As at 2023-03-28
$11.5225
MER (%)
As at 2022-09-30
2.48
Management fee (%) 2.00
Asset class Global Balanced
Currency USD
Minimum investment $500 initial/$25 additional
Distribution frequency Quarterly
Last distribution $0.0562

Risk rating1

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

FUND CODES

A ISC 2583
DSC SO* 3583
LL SO 1583
E 17124
F 4583
I 5583
O 19124
P 90300
*No new purchases directly into switch only funds.

Performance2 As at 2023-02-28

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*
5.71% -2.27% 3.82% 3.01% -6.89% 3.91% 1.43% 2.48% 3.77%
*Since inception date

Distribution history3

Payable date Total
2022-12-16 0.0562
2022-09-23 0.0548
2022-06-24 0.0560
2022-03-25 0.6770
2021-03-26 0.1599
Payable date Total
2020-12-18 0.0098
2020-09-25 0.0087
2020-06-26 0.0324
2020-03-20 0.0294
2019-12-13 0.1042

Management team

First we'll display the Team Company and then the Team members
Black Creek Investment Management
Black Creek Investment Management is led by award-winning money managers Bill Kanko and Richard Jenkins. Black Creek pursues an equity mandate with no restrictions on finding the best businesses in the world. Black Creek Investment Management is a sub-advisor to CI Investments Inc.
Samir Jhaveri
Richard Schulte-Hostedde
Richard Jenkins

CI Global Balanced Corporate Class

Series A USD
 
Portfolio allocations4 As at 2023-02-28
Asset allocation (%)
  • International Equity 30.74
  • Cash and Equivalents 22.63
  • Foreign Corporate Bonds 18.42
  • US Equity 15.47
  • Canadian Equity 8.19
  • Foreign Government Bonds 3.32
  • Canadian Corporate Bonds 1.24
  • Other -0.01
Sector allocation (%)
  • Fixed Income 22.98
  • Cash and Cash Equivalent 22.63
  • Industrial Goods 10.33
  • Technology 10.13
  • Basic Materials 8.19
  • Consumer Goods 7.78
  • Telecommunications 7.61
  • Consumer Services 4.55
  • Other 3.69
  • Industrial Services 2.11
Geographic allocation(%)
  • United States 53.07
  • Canada 15.46
  • Other 10.46
  • Cayman Islands 4.86
  • United Kingdom 4.33
  • Sweden 2.66
  • Austria 2.40
  • Germany 2.33
  • Belgium 2.32
  • Ireland 2.11
Top holdings
Sector (%)
1. United States Treasury 2.63% 30-Jun-2023 Cash and Cash Equivalent 6.99%
2. Cad Cash Sweep Cash and Cash Equivalent 6.73%
3. United States Treasury 2.88% 30-Sep-2023 Cash and Cash Equivalent 6.14%
4. Cameco Corp Metals and Mining 3.15%
5. T-Mobile US Inc Telephone Service Providers 3.15%
6. Canada Government 0.25% 01-Aug-2023 Cash and Cash Equivalent 2.73%
7. Telefonaktiebolaget LM Ericsson Cl B Diversified Telecommunications 2.66%
8. Barrick Gold Corp Gold and Precious Metals 2.63%
9. IPG Photonics Corp Computer Electronics 2.58%
10. BAE Systems PLC Aerospace and Defence 2.49%
11. Nutrien Ltd Chemicals and Gases 2.41%
12. Wienerberger AG Construction Materials 2.40%
13. Heidelbergcement AG Construction Materials 2.33%
14. Ontex Group NV Consumer Non-durables 2.32%
15. Baidu Inc - ADR Information Technology 2.30%
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