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Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (04-22-2024) |
$10.65 |
|---|---|
| Change |
$0.04
(0.38%)
|
As at March 31, 2024
As at March 31, 2024
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Inception Return (September 22, 1998): 6.15%
| 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 | 2.07% | 2.97% | 11.21% | 2.97% | 7.84% | 0.86% | 3.04% | 7.70% | 4.76% | 5.00% | 4.71% | 5.45% | 4.42% | 4.23% |
| 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 | 1.86% | 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 | 168 / 447 | 414 / 447 | 303 / 445 | 414 / 447 | 350 / 436 | 391 / 417 | 336 / 394 | 281 / 383 | 253 / 372 | 199 / 362 | 175 / 349 | 159 / 337 | 143 / 304 | 222 / 292 |
| Quartile Ranking | 2 | 4 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 2 | 2 | 4 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.86% | -3.30% | 2.14% | 0.58% | -1.31% | -2.90% | -1.48% | 5.76% | 3.66% | -0.43% | 1.31% | 2.07% |
| 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% |
6.61% (November 2020)
-10.33% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.58% | -5.04% | 11.74% | 7.89% | -5.00% | 16.48% | 6.34% | 12.31% | -10.79% | 8.14% |
| 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 | 1 | 1 | 3 | 1 | 2 | 2 | 4 | 3 |
| Category Rank | 281/ 291 | 283/ 304 | 78/ 336 | 67/ 349 | 251/ 360 | 7/ 370 | 169/ 379 | 197/ 394 | 374/ 414 | 274/ 434 |
16.48% (2019)
-10.79% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 33.61 |
| Canadian Government Bonds | 17.29 |
| US Equity | 15.57 |
| Canadian Corporate Bonds | 15.19 |
| International Equity | 8.92 |
| Other | 9.42 |
| Name | Percent |
|---|---|
| Fixed Income | 38.18 |
| Financial Services | 18.07 |
| Energy | 8.41 |
| Technology | 6.28 |
| Consumer Services | 5.97 |
| Other | 23.09 |
| Name | Percent |
|---|---|
| North America | 90.18 |
| Europe | 6.92 |
| Asia | 1.99 |
| Latin America | 1.01 |
| Other | -0.10 |
| Name | Percent |
|---|---|
| Royal Bank of Canada | 3.01 |
| Toronto-Dominion Bank | 2.43 |
| Enbridge Inc | 1.88 |
| Canadian National Railway Co | 1.77 |
| Canadian Natural Resources Ltd | 1.75 |
| Bank of Montreal | 1.72 |
| Canadian Pacific Kansas City Ltd | 1.63 |
| Microsoft Corp | 1.54 |
| Ontario Province 3.60% 08-Mar-2028 | 1.37 |
| Canadian Imperial Bank of Commerce | 1.35 |
CIBC Monthly Income Fund Class A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 10.06% | 10.41% | 8.43% |
|---|---|---|---|
| Beta | 1.05% | 1.00% | 1.01% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.97% | 0.97% | 0.95% |
| Sharpe | 0.09% | 0.31% | 0.37% |
| Sortino | 0.07% | 0.29% | 0.25% |
| Treynor | 0.01% | 0.03% | 0.03% |
| Tax Efficiency | 14.97% | 47.14% | 41.80% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.29% | 10.06% | 10.41% | 8.43% |
| Beta | 0.97% | 1.05% | 1.00% | 1.01% |
| Alpha | 0.00% | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.99% | 0.97% | 0.97% | 0.95% |
| Sharpe | 0.35% | 0.09% | 0.31% | 0.37% |
| Sortino | 0.93% | 0.07% | 0.29% | 0.25% |
| Treynor | 0.03% | 0.01% | 0.03% | 0.03% |
| Tax Efficiency | 64.77% | 14.97% | 47.14% | 41.80% |
| Start Date | September 22, 1998 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $4,263 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CIB512 |
To provide a reasonably consistent level of monthly income while attempting to preserve capital by investing primarily in a diversified portfolio of debt and equity instruments.
To achieve its investment objectives, the Fund: aims to add value through prudent security selection based on fundamental, bottom-up analysis and through the allocation of assets between cash and fixed income instruments, equities such as common and preferred shares, income trusts, and other equity securities. Asset allocation can vary over time depending on the Portfolio Advisor’s outlook for the economy and capital markets.
| Name | Start Date |
|---|---|
| Colum McKinley | 12-23-2020 |
| Craig Jerusalim | 12-23-2020 |
| 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 | 1.46% |
|---|---|
| Management Fee | 1.25% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.75% |
| Trailer Fee Max (LL) | - |
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