CI Global Balanced Fund

Series A 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 2024-03-28
$621.7 million
NAVPS
As at 2024-04-19
$12.6035
MER (%)
As at 2023-09-30
2.46
Management fee (%) 2.00
Asset class Global Balanced
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Annually
Last distribution $0.4826

Risk rating1

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

FUND CODES

T6
A ISC 11115
DSC SO* 11165
LL SO 11465
LL 11365
ISC 11615
DSC 11665
LL 11865
LL 11965
D 11065
E 16174
EF 15174
F 11015
I NL 11515
NL 11565
O 18174
P 90050
*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*
3.44% 2.07% 3.44% 9.25% 6.56% 2.47% 4.27% 4.27% 5.02%
*Since inception date

Distribution history3

Payable date Total
2023-12-22 0.4826
2022-12-16 0.6976
2021-12-17 2.1274
2020-12-18 0.0203
2019-12-13 0.3986
Payable date Total
2018-12-14 0.2818
2017-12-15 0.9701
2016-12-16 0.3276
2015-12-18 1.0310
2014-12-19 0.6349

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 Investments Inc.
Richard Schulte-Hostedde
Richard Jenkins

CI Global Balanced Fund

Series A CAD
 
Portfolio allocations5 As at 2024-03-31
Asset allocation (%)
  • International Equity 45.42
  • Foreign Corporate Bonds 23.07
  • US Equity 15.80
  • Cash and Equivalents 5.67
  • Canadian Equity 3.92
  • Foreign Government Bonds 3.75
  • Canadian Government Bonds 2.38
  • Other -0.01
Sector allocation (%)
  • Fixed Income 29.20
  • Technology 17.48
  • Consumer Goods 10.83
  • Telecommunications 9.50
  • Industrial Goods 7.84
  • Healthcare 6.48
  • Cash and Cash Equivalent 5.67
  • Consumer Services 5.28
  • Basic Materials 3.92
  • Other 3.80
Geographic allocation(%)
  • United States 47.39
  • Other 16.49
  • France 7.09
  • United Kingdom 6.04
  • Canada 5.94
  • Cayman Islands 4.31
  • Sweden 3.29
  • India 3.29
  • Belgium 3.26
  • Ireland 2.90
Top holdings
Sector (%)
1. Telefonaktiebolaget LM Ericsson Cl B Diversified Telecommunications 3.29%
2. Indus Towers Ltd Diversified Telecommunications 3.29%
3. Ontex Group NV Consumer Non-durables 3.26%
4. United States Treasury 2.50% 31-May-2024 Cash and Cash Equivalent 3.25%
5. Accor SA Leisure 2.98%
6. T-Mobile US Inc Telephone Service Providers 2.92%
7. Greencore Group PLC Food, Beverage and Tobacco 2.90%
8. Wienerberger AG Construction Materials 2.71%
9. Alibaba Group Holding Ltd Information Technology 2.63%
10. Merck & Co Inc Drugs 2.56%
11. Fomento Economico Mexicano SAB de CV - ADR Food, Beverage and Tobacco 2.50%
12. Alphabet Inc Cl A Information Technology 2.45%
13. Canada Government 3.50% 01-Aug-2025 Fixed Income 2.38%
14. Aramark Leisure 2.30%
15. Nice Ltd - ADR Information Technology 2.15%
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