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Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (04-30-2024) |
$8.04 |
|---|---|
| Change |
-$0.06
(-0.69%)
|
As at March 31, 2024
As at March 31, 2024
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Inception Return (October 03, 2006): 3.50%
| 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 | 2.18% | 4.11% | 11.40% | 4.11% | 8.92% | 2.19% | 3.40% | 6.93% | 4.00% | 3.97% | 3.27% | 3.79% | 2.96% | 3.28% |
| Benchmark | 2.49% | 3.02% | 11.45% | 3.02% | 8.50% | 2.25% | 4.35% | 8.81% | 5.72% | 5.93% | 5.33% | 5.97% | 4.90% | 5.27% |
| Category Average | 1.87% | 11.41% | 11.41% | 3.77% | 8.76% | 2.37% | 3.43% | 7.70% | 4.72% | 4.57% | 4.21% | 4.68% | 3.79% | 4.24% |
| Category Rank | 131 / 450 | 256 / 450 | 270 / 448 | 256 / 450 | 261 / 439 | 279 / 420 | 310 / 397 | 343 / 386 | 347 / 375 | 325 / 365 | 331 / 352 | 319 / 340 | 293 / 307 | 280 / 295 |
| Quartile Ranking | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.82% | -2.74% | 1.53% | 0.83% | -0.70% | -2.86% | -1.31% | 5.22% | 3.04% | 0.23% | 1.66% | 2.18% |
| Benchmark | 2.00% | -3.45% | 1.83% | 0.93% | -0.84% | -3.01% | -1.57% | 6.01% | 3.69% | -0.31% | 0.82% | 2.49% |
5.42% (November 2020)
-9.34% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.70% | -1.71% | 6.78% | 3.18% | -5.41% | 11.40% | 4.57% | 8.82% | -7.80% | 7.40% |
| Benchmark | 9.98% | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% |
| Category Average | 7.98% | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% |
| Quartile Ranking | 4 | 4 | 3 | 4 | 3 | 4 | 4 | 4 | 2 | 4 |
| Category Rank | 237/ 294 | 231/ 307 | 223/ 339 | 321/ 352 | 263/ 363 | 325/ 373 | 288/ 382 | 347/ 397 | 193/ 417 | 334/ 437 |
11.40% (2019)
-7.80% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 31.13 |
| Canadian Corporate Bonds | 16.94 |
| US Equity | 14.74 |
| Canadian Government Bonds | 11.32 |
| Foreign Corporate Bonds | 8.90 |
| Other | 16.97 |
| Name | Percent |
|---|---|
| Fixed Income | 41.09 |
| Financial Services | 15.67 |
| Energy | 7.10 |
| Technology | 7.00 |
| Industrial Services | 5.07 |
| Other | 24.07 |
| Name | Percent |
|---|---|
| North America | 88.60 |
| Europe | 6.96 |
| Asia | 2.83 |
| Latin America | 1.11 |
| Africa and Middle East | 0.08 |
| Other | 0.42 |
| Name | Percent |
|---|---|
| CIBC Dividend Income Fund Class A | 19.66 |
| Renaissance Canadian Growth Fund Class O | 19.60 |
| CIBC Canadian Bond Fund Class A | 17.32 |
| CIBC U.S. Equity Fund Class A | 10.09 |
| Renaissance Corporate Bond Fund Class O | 9.48 |
| CIBC International Equity Fund Class O | 6.96 |
| CIBC Canadian Short-Term Bond Index Fund Class A | 4.46 |
| Renaissance U.S. Equity Income Fund O | 4.04 |
| Renaissance High-Yield Bond Fund Class O | 3.01 |
| Renaissance Floating Rate Income Fund A | 3.00 |
CIBC Managed Monthly Income Balanced Portfolio Class A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.50% | 8.89% | 7.05% |
|---|---|---|---|
| Beta | 0.89% | 0.86% | 0.85% |
| Alpha | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.97% | 0.97% | 0.96% |
| Sharpe | 0.13% | 0.27% | 0.30% |
| Sortino | 0.12% | 0.20% | 0.09% |
| Treynor | 0.01% | 0.03% | 0.02% |
| Tax Efficiency | 51.75% | 59.44% | 50.29% |
| Volatility |
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|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.20% | 8.50% | 8.89% | 7.05% |
| Beta | 0.85% | 0.89% | 0.86% | 0.85% |
| Alpha | 0.02% | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.98% | 0.97% | 0.97% | 0.96% |
| Sharpe | 0.50% | 0.13% | 0.27% | 0.30% |
| Sortino | 1.26% | 0.12% | 0.20% | 0.09% |
| Treynor | 0.05% | 0.01% | 0.03% | 0.02% |
| Tax Efficiency | 81.77% | 51.75% | 59.44% | 50.29% |
| Start Date | October 03, 2006 |
|---|---|
| Instrument Type | Mutual Fund (Wrap Program) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $488 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CIB842 |
The Portfolio will attempt to create a diversified portfolio by allocating its investments across a balanced blend of asset classes. Within the asset classes, the Portfolio will invest primarily in Mutual Funds, including savings, income, and growth funds. The Portfolio will attempt to provide a high level of regular monthly income and long-term capital growth.
To achieve its investment objectives, the Portfolio: will, under normal market conditions, employ a disciplined long-term strategic asset allocation approach and may review and change the asset mix; will invest up to 100% of the Portfolio’s assets in Underlying Funds, that include mutual funds and exchange-traded funds, allocated to a target asset mix weight that will generally provide exposure to 60% equity securities and 40% fixed income securities.
| Name | Start Date |
|---|---|
| CIBC Asset Management Inc. | 09-04-2008 |
| Fund Manager | Canadian Imperial Bank of Commerce |
|---|---|
| Advisor | CIBC Asset Management Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | Canadian Imperial Bank of Commerce |
| Distributor | CIBC Securities Inc. |
| Auditor | Ernst & Young LLP, Chartered Accountants |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
| MER | 2.22% |
|---|---|
| Management Fee | 2.05% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 1.00% |
| Trailer Fee Max (LL) | - |
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