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Global Corp Fixed Income
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|
NAVPS (06-14-2024) |
$9.39 |
|---|---|
| Change |
$0.00
(-0.01%)
|
As at May 31, 2024
As at May 31, 2024
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Inception Return (December 31, 2001): 4.01%
| 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 | 1.25% | 1.67% | 5.28% | 2.91% | 8.80% | 4.55% | 0.63% | 3.16% | 2.37% | 2.71% | 2.28% | 3.22% | 2.72% | 2.91% |
| Benchmark | 1.05% | 1.20% | 3.53% | 2.22% | 5.72% | 5.36% | 0.23% | -1.35% | 0.59% | 1.93% | 1.27% | 1.99% | 2.64% | 3.46% |
| Category Average | 1.32% | 3.84% | 3.84% | 0.80% | 5.99% | 2.83% | -0.57% | 1.04% | 1.60% | 2.04% | - | - | - | - |
| Category Rank | 75 / 120 | 26 / 114 | 24 / 113 | 29 / 113 | 24 / 112 | 39 / 102 | 47 / 96 | 36 / 90 | 40 / 88 | 40 / 81 | 38 / 77 | 31 / 66 | 26 / 51 | 20 / 39 |
| Quartile Ranking | 3 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.42% | 0.87% | 0.26% | -1.20% | -0.55% | 3.57% | 2.30% | 0.77% | 0.44% | 1.12% | -0.69% | 1.25% |
| Benchmark | -1.90% | 0.45% | 1.77% | -2.69% | 1.41% | 3.17% | 1.28% | 0.85% | 0.16% | 0.87% | -0.72% | 1.05% |
5.52% (April 2020)
-11.42% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.72% | 0.55% | 7.96% | 4.16% | -1.25% | 9.12% | 5.62% | 3.16% | -10.25% | 8.20% |
| Benchmark | 12.44% | 15.41% | 0.66% | 2.08% | 5.22% | 5.81% | 8.39% | -3.78% | -10.63% | 6.54% |
| Category Average | - | - | - | - | - | 9.03% | 6.89% | 0.56% | -10.54% | 7.62% |
| Quartile Ranking | 4 | 4 | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 2 |
| Category Rank | 31/ 38 | 40/ 50 | 29/ 63 | 45/ 72 | 51/ 79 | 49/ 85 | 66/ 89 | 38/ 93 | 60/ 101 | 47/ 111 |
9.12% (2019)
-10.25% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 43.85 |
| Canadian Corporate Bonds | 40.16 |
| Canadian Equity | 5.03 |
| Cash and Equivalents | 3.20 |
| Canadian Government Bonds | 2.31 |
| Other | 5.45 |
| Name | Percent |
|---|---|
| Fixed Income | 88.86 |
| Cash and Cash Equivalent | 3.20 |
| Financial Services | 3.15 |
| Energy | 1.18 |
| Mutual Fund | 0.78 |
| Other | 2.83 |
| Name | Percent |
|---|---|
| North America | 97.87 |
| Latin America | 2.00 |
| Europe | 0.14 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Fairfax India Holdings Corp 5.00% 26-Feb-2028 | 1.11 |
| Dresdner Funding Trust I 8.15% 30-Jun-2029 | 0.99 |
| Quotient Hldgs Fin Co Ltd Sr 144A Nt 1230 12.00% 15-Apr-2030 | 0.90 |
| Inter Pipeline Ltd 6.63% 19-Nov-2079 | 0.83 |
| Citigroup Capital XIII - Pfd | 0.78 |
| Inter Pipeline Ltd 6.88% 26-Mar-2079 | 0.78 |
| Pembina Pipeline Corp 4.80% 25-Jan-2081 | 0.71 |
| Highland Takeback Notes 10 30Sep26 10.00% 30-Sep-2026 | 0.68 |
| Global Aircraft Leasing Co Ltd 7.25% 15-Sep-2024 | 0.61 |
| Northeast Grocery Inc | 0.61 |
CI Corporate Bond Fund (Class A units)
Median
Other - Global Corp Fixed Income
| Standard Deviation | 5.68% | 7.65% | 5.87% |
|---|---|---|---|
| Beta | 0.57% | 0.59% | 0.34% |
| Alpha | 0.01% | 0.02% | 0.02% |
| Rsquared | 0.52% | 0.27% | 0.17% |
| Sharpe | -0.37% | 0.08% | 0.27% |
| Sortino | -0.55% | -0.06% | 0.01% |
| Treynor | -0.04% | 0.01% | 0.05% |
| Tax Efficiency | - | 22.41% | 36.03% |
| Volatility |
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| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.52% | 5.68% | 7.65% | 5.87% |
| Beta | 0.57% | 0.57% | 0.59% | 0.34% |
| Alpha | 0.05% | 0.01% | 0.02% | 0.02% |
| Rsquared | 0.50% | 0.52% | 0.27% | 0.17% |
| Sharpe | 0.82% | -0.37% | 0.08% | 0.27% |
| Sortino | 2.92% | -0.55% | -0.06% | 0.01% |
| Treynor | 0.06% | -0.04% | 0.01% | 0.05% |
| Tax Efficiency | 81.49% | - | 22.41% | 36.03% |
| Start Date | December 31, 2001 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CIG1150 | ||
| CIG14212 | ||
| CIG9010 | ||
| CIG9060 |
The fund's investment objective is to achieve a yield advantage by using fundamental value analysis to evaluate investments. The fund will invest mainly in fixed income securities that are investment grade and below investment grade. The fundamental investment objective of the fund can only be changed with the approval of a majority of the votes cast by unitholders at a meeting specifically to vote on the change of fundamental investment objectives.
The portfolio advisor selects securities whose fundamental value it believes is not reflected in their credit ratings and yields. It first identifies companies that have the long-term ability to generate sufficient money to service their debt and reinvest in their business. The portfolio advisor also considers the impact of economic trends on interest rates and economic growth. The portfolio advisor may use techniques such as fundamental analysis to assess cash flow and growth potential.
| Name | Start Date |
|---|---|
| John Shaw | 01-01-2006 |
| Geof Marshall | 01-01-2006 |
| Fund Manager | CI Investments Inc |
|---|---|
| Advisor | CI Investments Inc |
| Custodian | RBC Investor Services Trust (Canada) |
| Registrar | CI Investments Inc |
| Distributor | - |
| Auditor | Ernst & Young LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.56% |
|---|---|
| Management Fee | 1.05% |
| 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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