CI Portfolio Series Balanced Fund
Series ET5 CADFund overview
This fund invests in income and equity mutual funds.
Fund details
| Inception date | August 2015 |
|
CAD
Total net assets ($CAD)
As at 2024-06-28
|
$2.9 billion |
|
NAVPS
As at 2024-07-16 |
$6.4478 |
|
MER (%)
As at 2023-09-30 |
2.12 |
| Management fee (%) | 1.85 |
| Asset class | Asset Allocation |
| Currency | CAD |
| Minimum investment | $100,000 initial/$5,000 additional |
| Distribution frequency | Monthly |
| Last distribution | $0.0249 |
Risk rating1
- Low
- Low to medium
- Medium
- Medium to high
- High
Performance2 As at 2024-06-30
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* |
|---|---|---|---|---|---|---|---|---|
| 7.47% | 0.71% | 1.17% | 7.47% | 12.22% | 2.72% | 5.06% | - | 4.11% |
Distribution history3
| Payable date | Total |
|---|---|
| 2024-06-20 | 0.0249 |
| 2024-05-24 | 0.0249 |
| 2024-04-26 | 0.0249 |
| 2024-03-21 | 0.0249 |
| 2024-02-23 | 0.0249 |
| Payable date | Total |
|---|---|
| 2024-01-26 | 0.0249 |
| 2023-12-22 | 0.0017 |
| 2023-12-21 | 0.0240 |
| 2023-11-24 | 0.0240 |
| 2023-10-27 | 0.0240 |
CI PREFERRED PRICING4
| Investment amount | Combined fee reduction |
|---|---|
| $100,000 - $250,000 | 0.00% |
| $250,000 - $500,000 | 0.05% |
| $500,000 - $1,000,000 | 0.15% |
| $1,000,000 - $2,500,000 | 0.25% |
| $2,500,000 - $5,000,000 | 0.30% |
| $5,000,000 and above | 0.38% |
Management team
|
Alfred Lam
Stephen Lingard
|
Note: This page is not complete without disclaimers on the next page.
CI Portfolio Series Balanced Fund
Series ET5 CAD- International Equity 26.27
- Canadian Equity 18.99
- US Equity 16.34
- Canadian Corporate Bonds 10.12
- Cash and Equivalents 7.56
- Canadian Government Bonds 7.08
- Other 5.09
- Foreign Government Bonds 4.15
- Foreign Corporate Bonds 3.74
- Income Trust Units 0.66
- Fixed Income 25.31
- Other 18.67
- Financial Services 12.59
- Technology 11.98
- Cash and Cash Equivalent 7.56
- Energy 5.43
- Consumer Goods 5.07
- Consumer Services 4.79
- Healthcare 4.32
- Mutual Fund 4.28
- Canada 43.79
- United States 23.09
- Other 14.75
- Japan 5.72
- Multi-National 4.27
- France 1.84
- United Kingdom 1.84
- Cayman Islands 1.69
- India 1.58
- Taiwan 1.43
|
Underlying fund allocations
|
Sector | (%) |
|---|---|---|
| 1. CI Canadian Bond Fund Class I | Fixed Income | 11.46% |
| 2. CI Munro Global Growth Equity Fund Series I | Mutual Fund | 6.39% |
| 3. CI Emerging Markets Corporate Class I | Mutual Fund | 6.06% |
| 4. CI International Equity Fund Cl I | Mutual Fund | 5.08% |
| 5. CI Corporate Bond Fund Class I | Fixed Income | 4.32% |
| 6. CI International Value Corporate Class I | Mutual Fund | 4.28% |
| 7. CI Canadian Core Plus Bond Fund (Class I units) | Fixed Income | 4.24% |
| 8. CI Canadian Dividend Fund Class I | Mutual Fund | 4.11% |
| 9. CI Synergy Canadian Corporate Class I | Mutual Fund | 4.09% |
| 10. CI Japan Equ Idx ETF Non-Hgd (JAPN.B) | Exchange Traded Fund | 3.58% |
| 11. CI U.S. Equity Fund Series I | Mutual Fund | 3.54% |
| 12. Ci Private Market Growth Fund (Series I | Mutual Fund | 3.33% |
| 13. CI Canadian Equity Income Private Trust I | Mutual Fund | 3.28% |
| 14. CI Enhanced Short Dur Bond Fd (FSB) | Fixed Income | 3.09% |
| 15. CI Canada Qual Div Grw Ix ETF NH (DGRC) | Exchange Traded Fund | 2.81% |
|
Top holdings
|
Sector | (%) |
|---|---|---|
| 1. Ci Private Market Growth Fund (Series I | Other | 3.33% |
| 2. Cad Cash Sweep | Cash and Cash Equivalent | 2.93% |
| 3. Ci Global Artificial Intelligence Etf | Other | 2.07% |
| 4. Microsoft Corp | Information Technology | 1.15% |
| 5. Taiwan Semiconductor Manufactrg Co Ltd - ADR | Computer Electronics | 1.00% |
| 6. Amazon.com Inc | Retail | 0.95% |
| 7. NVIDIA Corp | Computer Electronics | 0.83% |
| 8. Royal Bank of Canada | Banking | 0.67% |
| 9. Canada Government 3.25% 01-Dec-2033 | Fixed Income | 0.64% |
| 10. Canadian Natural Resources Ltd | Oil and Gas Production | 0.63% |
| 11. CI Money Market Fund Class I | Mutual Fund | 0.59% |
| 12. Meta Platforms Inc Cl A | Information Technology | 0.58% |
| 13. Canada Government 2.50% 01-Dec-2032 | Fixed Income | 0.57% |
| 14. Cenovus Energy Inc | Integrated Production | 0.55% |
| 15. Ci Private Markets Income Fund (Series I) | Other | 0.53% |
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 CI Preferred Pricing fee reductions apply to management and administration fees and start at $100,000.
5 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 July 2024