CI Global Investment Grade Class

Series A CAD
 

Fund overview

CI Global Investment Grade Class aims to generate income and the potential for long-term capital appreciation by investing primarily in a diversified portfolio of investment grade fixed-income securities issued by companies or governments of any size, located anywhere in the world.

Fund details

description of elementelement value
Inception date July 2016
CAD Total net assets ($CAD)
As at 2024-06-28
$686.4 million
NAVPS
As at 2024-07-12
$9.0215
MER (%)
As at 2023-09-30
1.28
Management fee (%) 1.00
Asset class Global Fixed Income
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0250
Average Credit Rating A-

Risk rating1

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

FUND CODES

A ISC 50101
DSC SO* 50301
LL SO 52101
F 54101
I 55101
P 58101
*No new purchases directly into switch only funds.

Performance2 As at 2024-06-30

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*
1.07% 0.95% 0.83% 1.07% 4.73% -2.37% 1.27% - 1.79%
*Since inception date

Distribution history3

Payable date Total
2024-06-20 0.0250
2024-05-24 0.0250
2024-04-26 0.0250
2024-03-22 0.0225
2024-03-21 0.0250
Payable date Total
2024-02-23 0.0250
2024-01-26 0.0250
2023-12-15 0.0250
2023-11-24 0.0250
2023-10-27 0.0250

CI PREFERRED PRICING4

Investment amount Combined fee reduction
$100,000 - $250,000 0.00%
$250,000 - $500,000 0.03%
$500,000 - $1,000,000 0.05%
$1,000,000 - $2,500,000 0.08%
$2,500,000 - $5,000,000 0.10%
$5,000,000 and above 0.13%

FUND CHARACTERISTICS

Average Coupon % 4.48
Duration 5.13
Yield 5.64

RATING SUMMARY (%)

AAA 19.76
AA 0.81
A 21.21
BBB 48.23
BB 7.86
B 1.39
NR 0.74
Average Credit Rating A-

*Corporate and Government bonds only.

CI Global Investment Grade Class

Series A CAD
 
Portfolio allocations5 As at 2024-06-30
Asset allocation (%)
  • Foreign Corporate Bonds 50.83
  • Canadian Corporate Bonds 16.51
  • Foreign Government Bonds 15.31
  • Canadian Equity 6.47
  • Cash and Equivalents 3.91
  • Canadian Government Bonds 3.61
  • Canadian Bonds - Other 1.61
  • US Equity 1.10
  • Mortgages 0.70
  • Other -0.05
Sector allocation (%)
  • Fixed Income 88.21
  • Financial Services 4.90
  • Cash and Cash Equivalent 3.91
  • Energy 1.05
  • Real Estate 0.65
  • Telecommunications 0.47
  • Technology 0.36
  • Mutual Fund 0.31
  • Utilities 0.19
  • Other -0.05
Geographic allocation(%)
  • United States 62.23
  • Canada 31.88
  • Europe 2.37
  • Germany 1.90
  • Australia 1.34
  • Italy 0.22
  • Cayman Islands 0.10
  • Other -0.04
Top holdings
Sector (%)
1. CI Global Investment Grade Fund Series I Mutual Fund 98.81%
2. National Hockey League 3.02 06Jan27 3.02% 06-Jan-2027 Fixed Income 0.46%
3. Cad Cash Sweep Cash and Cash Equivalent 0.19%
4. Nhl U.S. Funding Lp 3.29 13Aug30 3.29% 13-Aug-2030 Fixed Income 0.17%
5. Nhl Lwf Canlp 2.49 19Oct28 2.49% 19-Oct-2028 Fixed Income 0.15%
6. National Hockey League 2.82 06Jan26 2.82% 06-Jan-2026 Fixed Income 0.10%
7. Usd Cash Sweep Cash and Cash Equivalent 0.01%

Management team

First we'll display the Team Company and then the Team members
John Shaw
Leanne Ongaro
Over 35,000 financial advisors have chosen CI Global Asset Management as a partner. We believe that Canadians have the best opportunity for investments success by using the services of a professional financial advisor. Learn more at ci.com.