CI Global Balanced Fund

Series F CAD
 

Fund overview

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

Fund details

description of elementelement value
Inception date January 2007
CAD Total net assets ($CAD)
As at 2024-04-30
$615.5 million
NAVPS
As at 2024-05-24
$13.4626
MER (%)
As at 2023-09-30
1.36
Management fee (%) 1.00
Asset class Global Balanced
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Annually
Last distribution $0.6398

Risk rating1

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

FUND CODES

T6
F 11015
A ISC 11115
DSC SO* 11165
LL 11365
LL SO 11465
ISC 11615
DSC 11665
LL 11965
LL 11865
D 11065
E 16174
EF 15174
I NL 11515
NL 11565
O 18174
P 90050
*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*
5.10% 1.32% 4.87% 11.03% 9.56% 3.76% 5.03% 5.64% 6.14%
*Since inception date

Distribution history3

Payable date Total
2023-12-22 0.6398
2022-12-16 0.8603
2021-12-17 2.3657
2020-12-18 0.1828
2019-12-13 0.5756
Payable date Total
2018-12-14 0.4401
2017-12-15 1.1761
2016-12-16 0.5001
2015-12-18 1.2310
2014-12-19 0.8066

CI PREFERRED PRICING4

Investment amount Combined fee reduction
$100,000 - $500,000 0.15%
$500,000 - $1,000,000 0.21%
$1,000,000 - $2,500,000 0.32%
$2,500,000 - $5,000,000 0.40%
$5,000,000 and above 0.52%

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 Global Asset Management.
Richard Schulte-Hostedde
Richard Jenkins

CI Global Balanced Fund

Series F CAD
 
Portfolio allocations5 As at 2024-04-30
Asset allocation (%)
  • International Equity 45.93
  • Foreign Corporate Bonds 23.64
  • US Equity 15.38
  • Cash and Equivalents 5.33
  • Foreign Government Bonds 3.78
  • Canadian Equity 3.56
  • Canadian Government Bonds 2.39
  • Other -0.01
Sector allocation (%)
  • Fixed Income 29.81
  • Technology 17.61
  • Consumer Goods 10.82
  • Telecommunications 8.93
  • Industrial Goods 8.12
  • Healthcare 6.75
  • Cash and Cash Equivalent 5.33
  • Consumer Services 5.16
  • Other 3.91
  • Basic Materials 3.56
Geographic allocation(%)
  • United States 46.85
  • Other 15.38
  • France 6.98
  • United Kingdom 6.20
  • Canada 6.18
  • Cayman Islands 4.54
  • Belgium 3.98
  • India 3.70
  • Sweden 3.19
  • Spain 3.00
Top holdings
Sector (%)
1. Ontex Group NV Consumer Non-durables 3.98%
2. Indus Towers Ltd Diversified Telecommunications 3.70%
3. Telefonaktiebolaget LM Ericsson Cl B Diversified Telecommunications 3.19%
4. Accor SA Leisure 2.88%
5. United States Treasury 2.50% 31-May-2024 Cash and Cash Equivalent 2.85%
6. Alibaba Group Holding Ltd Information Technology 2.85%
7. Wienerberger AG Construction Materials 2.73%
8. Alphabet Inc Cl A Information Technology 2.71%
9. Merck & Co Inc Drugs 2.56%
10. Canada Government 3.50% 01-Aug-2025 Fixed Income 2.39%
11. Fomento Economico Mexicano SAB de CV - ADR Food, Beverage and Tobacco 2.31%
12. Aramark Leisure 2.28%
13. Ipsen SA Drugs 2.23%
14. Tate & Lyle PLC Food, Beverage and Tobacco 2.21%
15. Nutrien Ltd Chemicals and Gases 2.13%
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