CI Canadian Core Plus Bond Fund

Series F CAD
 

Fund overview

The investment objective of the fund is to provide stability of capital and income with the potential for capital appreciation by investing primarily in a portfolio of fixed-income securities issued by Canadian and foreign governments and corporations.

Fund details

description of elementelement value
Inception date December 2018
CAD Total net assets ($CAD)
As at 2024-02-29
$1.0 billion
NAVPS
As at 2024-04-15
$8.8502
MER (%)
As at 2023-09-30
0.87
Management fee (%) 0.60
Asset class Canadian Fixed Income
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0170
Average Credit Rating A

Risk rating1

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

FUND CODES

F 4645
A ISC 2645
DSC SO* 3645
LL SO 1645
I NL 1330
NL 14565
P 90045
*No new purchases directly into switch only funds.

Performance2 As at 2024-03-31

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*
2.86% 1.95% 2.86% 12.97% 7.62% -2.77% 0.09% - 0.98%
*Since inception date

Distribution history3

Payable date Total
2024-03-22 0.0170
2024-02-23 0.0170
2024-01-26 0.0170
2023-12-15 0.0720
2023-11-24 0.0170
Payable date Total
2023-10-27 0.0170
2023-09-22 0.0170
2023-08-25 0.0170
2023-07-28 0.0170
2023-06-23 0.0170

CI PREFERRED PRICING4

Investment amount Combined fee reduction
$100,000 - $500,000 0.05%
$500,000 - $1,000,000 0.06%
$1,000,000 - $2,500,000 0.13%
$2,500,000 - $5,000,000 0.17%
$5,000,000 and above 0.24%

FUND CHARACTERISTICS

Average Coupon % 4.06
Duration 7.59
Yield 6.42

RATING SUMMARY (%)

AAA 34.43
AA 9.56
A 10.43
BBB 40.25
BB 5.33
Average Credit Rating A

*Corporate and Government bonds only.

CI Canadian Core Plus Bond Fund

Series F CAD
 
Portfolio allocations5 As at 2024-03-31
Asset allocation (%)
  • Canadian Corporate Bonds 41.15
  • Canadian Government Bonds 20.29
  • Foreign Government Bonds 17.60
  • Canadian Equity 14.53
  • Cash and Equivalents 3.79
  • Foreign Corporate Bonds 2.66
  • Other -0.02
Sector allocation (%)
  • Fixed Income 76.97
  • Financial Services 13.30
  • Technology 4.73
  • Cash and Cash Equivalent 3.79
  • Consumer Services 1.23
  • Other -0.02
Geographic allocation(%)
  • Canada 79.76
  • United States 18.62
  • Germany 1.64
  • Other -0.02
Top holdings
Sector (%)
1. Constellation Software Inc - Debenture Sr 1 Information Technology 4.73%
2. United States Treasury 1.88% 15-Feb-2041 Fixed Income 4.61%
3. United States Treasury 3.63% 15-Feb-2053 Fixed Income 4.52%
4. Toronto-Dominion Bank - Pfd Cl A Sr 1 Banking 3.87%
5. United States Treasury 4.13% 15-Aug-2053 Fixed Income 3.66%
6. Canada Government 2.50% 01-Dec-2032 Fixed Income 3.48%
7. Canada Government 1.50% 01-Dec-2031 Fixed Income 3.42%
8. United States Treasury 2.88% 15-May-2052 Fixed Income 3.17%
9. Bank of Montreal 3.19% 01-Mar-2028 Fixed Income 3.15%
10. Canada Government 1.75% 01-Dec-2053 Fixed Income 3.00%
11. Toronto-Dominion Bank 5.75% PERP Fixed Income 2.96%
12. Royal Bank of Canada - Pfd Sr BB Banking 2.82%
13. 407 International Inc 5.75% 14-Feb-2036 Fixed Income 2.79%
14. Teekay Offshore Partners Dummy Fixed Income 2.66%
15. Bank of Nova Scotia 3.70% 27-Jun-2026 Fixed Income 2.54%

Management team

First we'll display the Team Company and then the Team members
Grant Connor
John Shaw
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