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CI U.S. Money Market Corporate Class (Class A shares)

Canadian Money Market

NAVPS
(05-24-2024)
$11.51
Change
$0.00 (0.01%)

As at April 30, 2024

As at April 30, 2024

Period
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Legend

CI U.S. Money Market Corporate Class (Class A shares)

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Fund Returns

Inception Return (July 31, 2001): 0.97%

Fund Returns
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 0.40% 1.18% 2.38% 1.57% 4.82% 3.65% 2.19% 1.54% 1.48% 1.49% 1.33% 1.16% 1.03% 0.93%
Benchmark 0.41% 1.22% 2.46% 1.62% 4.90% 4.09% 2.78% 2.11% 2.00% 1.92% 1.77% 1.61% 1.49% 1.42%
Category Average 0.36% 2.23% 2.23% 1.44% 4.29% 3.38% 2.18% 1.66% 1.54% 1.44% 1.30% 1.15% 1.04% 0.96%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 0.37% 0.37% 0.40% 0.42% 0.41% 0.39% 0.42% 0.38% 0.39% 0.38% 0.40% 0.40%
Benchmark 0.36% 0.37% 0.40% 0.41% 0.41% 0.41% 0.41% 0.41% 0.40% 0.40% 0.40% 0.41%

Best Monthly Return Since Inception

0.42% (November 2023)

Worst Monthly Return Since Inception

-0.15% (November 2011)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 0.00% 0.00% -0.17% 0.28% 1.17% 1.63% 0.01% -0.71% 1.18% 4.38%
Benchmark 0.91% 0.55% 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71%
Category Average 0.30% 0.02% 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

4.38% (2023)

Worst Calendar Return (Last 10 years)

-0.71% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 87.19
Foreign Corporate Bonds 4.77
Foreign Government Bonds 4.72
Canadian Equity 3.31
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 87.21
Fixed Income 9.48
Financial Services 3.31

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
CI U.S. Money Market Fund Class I U$ 98.78
Us Dollar 1.21
Canadian Dollar 0.01

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

CI U.S. Money Market Corporate Class (Class A shares)

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.69% 0.61% 0.48%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino -1.27% -2.15% -2.78%
Treynor - - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.06% 0.69% 0.61% 0.48%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - -1.27% -2.15% -2.78%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date July 31, 2001
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency USD
Distribution Frequency Quarterly
Assets ($mil) $60

Fund Codes

FundServ Code Load Code Sales Status
CIG101
CIG1509
CIG501

Investment Objectives

This fund’s objective is to earn current income at the highest rate of return consistent with preservation of capital and liquidity. It invests primarily in U.S. money market instruments. Any change to the fundamental investment objective must be approved by a majority of votes cast at a meeting of shareholders held for that reason.

Investment Strategy

The portfolio adviser selects securities that it believes have a fundamental value that is not reflected in their credit rating and yield. The portfolio adviser may also analyze: short-term interest rates and yield curves; the impact of economic trends on interest rates and economic growth; the credit rating and risk of the issuer; financial data and other information sources.

Portfolio Manager(s)

Name Start Date
Leanne Ongaro 07-30-2018
Grant Connor 02-15-2024

Management and Organization

Fund Manager CI Investments Inc
Advisor CI Investments Inc
Custodian RBC Investor Services Trust (Canada)
Registrar CI Investments Inc
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 0.77%
Management Fee 0.39%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.25%
Trailer Fee Max (DSC) 0.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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