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Preferred Sh Fixed Income
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|
NAVPS (04-30-2024) |
$10.97 |
|---|---|
| Change |
$0.02
(0.20%)
|
As at March 31, 2024
As at March 31, 2024
As at February 29, 2024
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Inception Return (December 21, 2015): 4.80%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 3.45% | 9.82% | 16.17% | 9.82% | 12.18% | -0.39% | 2.51% | 12.23% | 5.19% | 3.20% | 3.43% | 5.07% | - | - |
| Benchmark | 3.47% | 9.62% | 17.59% | 9.62% | 13.52% | -1.22% | 1.41% | 11.77% | 4.28% | 2.35% | 2.80% | 5.01% | 2.49% | 2.13% |
| Category Average | 3.15% | 15.84% | 15.84% | 8.36% | 13.77% | -0.57% | 1.63% | 11.73% | 4.43% | 2.49% | 2.74% | 4.97% | 2.86% | 2.71% |
| Category Rank | 36 / 71 | 44 / 71 | 51 / 71 | 44 / 71 | 64 / 70 | 40 / 69 | 35 / 69 | 43 / 64 | 32 / 61 | 23 / 55 | 22 / 52 | 24 / 34 | - | - |
| Quartile Ranking | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 2 | 2 | 3 | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.18% | -2.96% | 0.84% | 0.98% | -3.18% | 0.75% | -3.32% | 9.08% | 0.30% | 5.53% | 0.60% | 3.45% |
| Benchmark | 0.27% | -3.57% | 1.28% | 1.45% | -4.21% | 1.44% | -2.80% | 9.47% | 0.82% | 5.81% | 0.13% | 3.47% |
10.48% (April 2020)
-18.60% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | 9.50% | 10.19% | -7.24% | 4.17% | 5.53% | 21.92% | -14.11% | 2.95% |
| Benchmark | 6.82% | -14.95% | 6.98% | 13.62% | -7.93% | 3.48% | 6.16% | 19.35% | -18.08% | 5.90% |
| Category Average | 7.19% | -11.52% | 8.78% | 12.66% | -8.25% | 4.17% | 5.25% | 19.63% | -16.73% | 6.27% |
| Quartile Ranking | - | - | 2 | 4 | 2 | 2 | 3 | 3 | 1 | 4 |
| Category Rank | - | - | 9/ 34 | 40/ 41 | 21/ 55 | 23/ 59 | 43/ 64 | 42/ 69 | 15/ 69 | 66/ 70 |
21.92% (2021)
-14.11% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 87.73 |
| US Equity | 6.34 |
| Canadian Corporate Bonds | 2.84 |
| International Equity | 2.28 |
| Cash and Equivalents | 0.77 |
| Other | 0.04 |
| Name | Percent |
|---|---|
| Financial Services | 42.64 |
| Energy | 17.72 |
| Utilities | 16.06 |
| Telecommunications | 9.48 |
| Real Estate | 5.42 |
| Other | 8.68 |
| Name | Percent |
|---|---|
| North America | 97.68 |
| Latin America | 2.28 |
| Other | 0.04 |
| Name | Percent |
|---|---|
| Enbridge Inc - Pfd Sr 1 | 3.85 |
| BCE Inc - Pfd Sr AB | 3.36 |
| BCE Inc - Pfd Sr AD | 2.98 |
| TransAlta Corp - Pfd Sr E | 2.52 |
| Capital Power Corp - Pfd Cl A Sr 3 | 2.08 |
| Capital Power Corp - Pfd Sr 5 | 2.02 |
| TransAlta Corp - Pfd Sr C | 1.66 |
| Brookfield Renewable Partners LP - Pfd Cl A | 1.60 |
| Power Corp of Canada - Pfd Sr A | 1.54 |
| TC Energy Corp - Pfd Sr 1 | 1.53 |
CI Preferred Share Fund (Class A units)
Median
Other - Preferred Sh Fixed Income
| Standard Deviation | 10.72% | 14.04% | - |
|---|---|---|---|
| Beta | 0.87% | 0.90% | - |
| Alpha | 0.01% | 0.01% | - |
| Rsquared | 0.97% | 0.98% | - |
| Sharpe | 0.04% | 0.30% | - |
| Sortino | 0.01% | 0.29% | - |
| Treynor | 0.00% | 0.05% | - |
| Tax Efficiency | 29.22% | 62.92% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 12.58% | 10.72% | 14.04% | - |
| Beta | 0.93% | 0.87% | 0.90% | - |
| Alpha | 0.00% | 0.01% | 0.01% | - |
| Rsquared | 0.98% | 0.97% | 0.98% | - |
| Sharpe | 0.60% | 0.04% | 0.30% | - |
| Sortino | 1.57% | 0.01% | 0.29% | - |
| Treynor | 0.08% | 0.00% | 0.05% | - |
| Tax Efficiency | 82.33% | 29.22% | 62.92% | - |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | December 21, 2015 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $30 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CIG1346 | ||
| CIG2346 | ||
| CIG3346 |
This fund’s objective is to provide strong risk-adjusted total returns by investing primarily in a diversified portfolio of preferred shares, from both Canadian and foreign issuers. Any change to the fundamental investment objective must be approved by a majority of votes cast at a meeting of unitholders held for that reason.
The portfolio advisor aims to identify preferred share investment in quality, large corporations, which have shown a history of dividend stability and then considers the impact of economic trends. According to market conditions, the portfolio advisor may also choose to invest up to 10% of the fund’s assets in fixed-income. The portfolio advisor may use techniques such as fundamental analysis to assess growth and value potential.
| Name | Start Date |
|---|---|
| John Shaw | 12-23-2015 |
| Leanne Ongaro | 12-23-2015 |
| Fund Manager | CI Investments Inc |
|---|---|
| Advisor | CI Investments Inc |
| Custodian | RBC Investor Services Trust |
| Registrar | CI Investments Inc |
| Distributor | - |
| Auditor | Ernst & Young LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.47% |
|---|---|
| Management Fee | 1.15% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | 0.25% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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