CI Select Income Managed Corporate Class

Series O USD
 

Fund overview

The fund invests primarily in investment grade fixed income securities issued by governments and corporations in Canada and globally. The fund may also invest up to 50% in other income generating securities such as preferred shares, common shares and real estate investment trusts.

Fund details

description of elementelement value
Inception date October 2011
CAD Total net assets ($CAD)
As at 2024-03-28
 $1.3 billion
NAVPS
As at 2024-05-17 		$10.3519
MER (%)
As at 2023-09-30 		0.17
Management fee (%) Negotiable
Asset class Diversified Income
Currency USD
Minimum investment $100,000 initial/$5,000 additional
Distribution frequency Quarterly
Last distribution $0.0336

Risk rating1

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

FUND CODES
O 19104
E 17104

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*
-3.06% -3.04% -1.74% 8.54% 2.35% -2.72% 2.16% 0.97% 2.02%
*Since inception date

Distribution history3

Payable date Total
2024-03-22 0.0336
2023-03-24 0.0356
2022-03-25 0.2666
2021-03-26 0.0859
2020-12-18 0.0885
Payable date Total
2020-09-25 0.0847
2020-06-26 0.0618
2020-03-20 0.1419
2019-12-13 0.0264
2019-09-27 0.0261

Management team

First we'll display the Team Company and then the Team members
Alfred Lam
Stephen Lingard

Note: This page is not complete without disclaimers on the next page.

CI Select Income Managed Corporate Class

Series O USD
 
Portfolio allocations4 As at 2024-04-30
Asset allocation (%)
  • Canadian Corporate Bonds 27.02
  • Cash and Equivalents 16.78
  • Foreign Corporate Bonds 15.35
  • Canadian Equity 9.83
  • US Equity 8.33
  • Canadian Government Bonds 7.67
  • Other 6.39
  • Foreign Government Bonds 5.62
  • International Equity 2.06
  • Income Trust Units 0.95
Sector allocation (%)
  • Fixed Income 56.61
  • Cash and Cash Equivalent 16.78
  • Mutual Fund 5.43
  • Technology 3.93
  • Financial Services 3.87
  • Real Estate 3.81
  • Other 3.45
  • Basic Materials 2.57
  • Energy 2.15
  • Industrial Services 1.40
Geographic allocation(%)
  • Canada 59.57
  • United States 27.30
  • Multi-National 5.39
  • Other 4.59
  • Australia 0.83
  • France 0.75
  • Germany 0.46
  • Mexico 0.39
  • Japan 0.37
  • Cayman Islands 0.35
Underlying fund allocations
Sector (%)
1. CI Income Fund Class I Mutual Fund 98.46%
2. Ci Private Market Growth Fund (Series I Mutual Fund 0.93%
3. Ci Private Markets Income Fund (Series I) Mutual Fund 0.29%
4. Ci Private Market Growth Fund I Install Mutual Fund 0.18%
5. Ci Private Markets Income Fund I Install Mutual Fund 0.13%
Top holdings
Sector (%)
1. Cad Cash Sweep Cash and Cash Equivalent 4.13%
2. NVIDIA Corp Computer Electronics 2.45%
3. Ci Private Market Growth Fund I Install Mutual Fund 1.75%
4. Ci Private Market Growth Fund (Series I Mutual Fund 1.51%
5. Usd Cash Sweep Cash and Cash Equivalent 1.51%
6. CI Alternative Investment Grade Credit ETF (CRED) Exchange Traded Fund 1.42%
7. Air Lease Corp 2.63% 05-Nov-2024 Cash and Cash Equivalent 1.10%
8. Alimentation Couche Tard Inc 3.60% 02-Mar-2025 Fixed Income 1.07%
9. Pembina Pipeline Corp 3.54% 03-Nov-2024 Cash and Cash Equivalent 0.97%
10. CI Munro Alternative Global Growth Fund Series I Mutual Fund 0.96%
11. Transcanada Pipelines Ltd 3.30% 17-Apr-2025 Fixed Income 0.96%
12. Capital Power Corp 4.28% 18-Jul-2024 Cash and Cash Equivalent 0.91%
13. iShares Core Canadian Long Term Bond Idx ETF (XLB) Fixed Income 0.90%
14. McDonald's Corp 3.13% 04-Jan-2025 Cash and Cash Equivalent 0.89%

Note: This page is not complete without disclaimers on the next page.

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.

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.

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Published May 2024