CI Mosaic Income ETF Portfolio Class (formerly CI Defensive Income Personal Portfolio)
Series B5 CADFund overview
CI Mosaic Income ETF Portfolio Class aims to provide a balance between income and capital growth, with a focus on capital preservation over the medium to long-term, by investing primarily in a diversified portfolio of fixed income and equity exchange-traded funds.
Fund details
| Inception date | June 2017 |
|
CAD
Total net assets ($CAD)
As at 2024-05-30
|
$5.7 million |
|
NAVPS
As at 2024-06-28 |
$7.4371 |
|
MER (%)
As at 2023-09-30 |
1.94 |
| Management fee (%) | 0.95 |
| Asset class | Asset Allocation |
| Currency | CAD |
| Minimum investment | $500 initial/$25 additional |
| Distribution frequency | Monthly |
| Last distribution | $0.0316 |
Risk rating1
- Low
- Low to medium
- Medium
- Medium to high
- High
Performance2 As at 2024-05-31
Growth of $10,000 (Since inception date)
Calendar year performance
average annual compound returns
| YTD | 1 Mo | 3 Mo | 6 Mo | 1 Y | 3 Y | 5 Y | 10 Y | Inception* |
|---|---|---|---|---|---|---|---|---|
| 0.29% | 1.50% | 0.38% | 3.37% | 4.04% | -1.06% | 0.78% | - | 1.13% |
Distribution history3
| Payable date | Total |
|---|---|
| 2024-06-20 | 0.0316 |
| 2024-05-24 | 0.0316 |
| 2024-04-26 | 0.0316 |
| 2024-03-22 | 0.0285 |
| 2024-03-21 | 0.0316 |
| Payable date | Total |
|---|---|
| 2024-02-23 | 0.0316 |
| 2024-01-26 | 0.0316 |
| 2023-12-15 | 0.0311 |
| 2023-11-24 | 0.0311 |
| 2023-10-27 | 0.0311 |
Management team
|
Stephen Lingard
Alfred Lam
|
Note: This page is not complete without disclaimers on the next page.
CI Mosaic Income ETF Portfolio Class (formerly CI Defensive Income Personal Portfolio)
Series B5 CAD- Foreign Government Bonds 23.37
- Canadian Government Bonds 13.46
- Canadian Corporate Bonds 11.61
- Foreign Corporate Bonds 10.56
- Cash and Equivalents 9.96
- International Equity 9.28
- Canadian Equity 7.59
- US Equity 7.55
- Other 3.52
- Mortgages 3.10
- Fixed Income 59.16
- Other 10.15
- Cash and Cash Equivalent 9.96
- Financial Services 4.76
- Technology 4.67
- Exchange Traded Fund 3.10
- Consumer Goods 2.38
- Consumer Services 2.13
- Energy 1.94
- Industrial Services 1.75
- Canada 42.50
- United States 39.82
- Other 10.94
- Japan 2.56
- United Kingdom 0.94
- Korea, Republic Of 0.80
- Cayman Islands 0.63
- China 0.63
- Switzerland 0.60
- Germany 0.58
|
Underlying fund allocations
|
Sector | (%) |
|---|---|---|
| 1. CI Enhanced Government Bond ETF (FGO) | Fixed Income | 27.90% |
| 2. CI Global Investment Grade ETF C$ Ser (CGIN) | Exchange Traded Fund | 16.05% |
| 3. CI Enhanced Short Dur Bond Fd (FSB) | Fixed Income | 5.99% |
| 4. CI Alternative Investment Grade Credit ETF (CRED) | Exchange Traded Fund | 3.98% |
| 5. SPDR Bloomberg Emerging Markets Lcl Bnd ETF (EBND) | Fixed Income | 3.91% |
| 6. iShares 20 Plus Year Treasury Bond ETF (TLT) | Fixed Income | 3.59% |
| 7. CI Canadian Short-Term Aggr Bond Index ETF (CAGS) | Fixed Income | 3.55% |
| 8. Simplify Mbs Etf | Exchange Traded Fund | 3.09% |
| 9. CI Auspice Broad Commodity Fund Hedged (CCOM) | Exchange Traded Fund | 2.91% |
| 10. CI Intl Quality Di Gr Ix ETF NH (IQD.B) | Exchange Traded Fund | 2.67% |
| 11. CI U.S. 1000 Index ETF - Unh (CUSM.B) | Exchange Traded Fund | 2.51% |
| 12. CI Emerging Markets Alpha ETF C$ Series (CIEM) | Exchange Traded Fund | 2.44% |
| 13. iShares S&P/TSX 60 Index ETF (XIU) | Exchange Traded Fund | 2.38% |
| 14. CI U.S Tr Inflation-Lnkd Bnd Idx ETF C$ Hdg (CTIP) | Exchange Traded Fund | 2.26% |
| 15. CI Munro Alternative Global Growth ETF (CMAG) | Exchange Traded Fund | 2.18% |
|
Top holdings
|
Sector | (%) |
|---|---|---|
| 1. Canada Government 3.25% 01-Dec-2033 | Fixed Income | 5.34% |
| 2. Simplify Mbs Etf | Other | 3.09% |
| 3. Canada Government 3.00% 01-Jun-2034 | Fixed Income | 2.90% |
| 4. CI Money Market Fund Class I | Mutual Fund | 2.61% |
| 5. CI U.S. 500 Index ETF - Unh (CUSA.B) | Exchange Traded Fund | 2.32% |
| 6. Cad Cash Sweep | Cash and Cash Equivalent | 1.47% |
| 7. United States Treasury 4.00% 15-Feb-2034 | Fixed Income | 1.37% |
| 8. United States Treasury 4.00% 31-Jan-2031 | Fixed Income | 1.36% |
| 9. Canada Government 3.50% 01-Mar-2028 | Fixed Income | 1.35% |
| 10. Gold Bullion | Other | 1.32% |
| 11. United States Treasury 4.50% 15-Nov-2033 | Fixed Income | 1.23% |
| 12. UNITED STATES TREASURY NOTE/BOND 4.62% 30-Apr-2029 | Fixed Income | 1.19% |
| 13. United States Treasury 4.38% 30-Nov-2030 | Fixed Income | 1.16% |
| 14. United States Treasury 4.25% 15-Feb-2054 | Fixed Income | 1.00% |
| 15. UNITED STATES TREASURY NOTE/BOND 4.38% 15-May-2034 | Fixed Income | 0.91% |
Note: This page is not complete without disclaimers on the next page.
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 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 June 2024