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CI Money Market Fund (Class A units)

Canadian Money Market

NAVPS
(11-01-2024)
$10.00
Change
$0.00 (0.01%)

As at September 30, 2024

As at September 30, 2024

Period
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Legend

CI Money Market Fund (Class A units)

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Fund Returns

Inception Return (October 01, 1990): 3.13%

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 0.34% 1.05% 2.24% 3.47% 4.73% 4.29% 3.03% 2.26% 1.93% 1.82% 1.67% 1.47% 1.31% 1.21%
Benchmark 0.34% 1.08% 2.30% 3.54% 4.82% 4.61% 3.40% 2.57% 2.24% 2.15% 2.00% 1.82% 1.67% 1.57%
Category Average 0.31% 1.01% 2.08% 3.18% 4.36% 4.01% 2.78% 2.06% 1.78% 1.68% 1.52% 1.36% 1.23% 1.12%
Category Rank 156 / 278 181 / 272 146 / 269 130 / 266 126 / 265 138 / 239 140 / 230 143 / 227 134 / 215 122 / 200 112 / 186 108 / 178 106 / 171 101 / 164
Quartile Ranking 3 3 3 2 2 3 3 3 3 3 3 3 3 3

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund 0.40% 0.39% 0.41% 0.40% 0.37% 0.43% 0.43% 0.38% 0.35% 0.36% 0.35% 0.34%
Benchmark 0.41% 0.41% 0.41% 0.40% 0.40% 0.40% 0.41% 0.40% 0.39% 0.38% 0.36% 0.34%

Best Monthly Return Since Inception

6.58% (February 1991)

Worst Monthly Return Since Inception

0.00% (February 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 0.48% 0.14% 0.05% 0.24% 0.94% 1.25% 0.32% 0.00% 1.28% 4.36%
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 3 3 4 3 3 3 3 4 4 3
Category Rank 87/ 160 119/ 167 144/ 172 128/ 180 129/ 187 131/ 203 162/ 216 201/ 229 179/ 233 148/ 243

Best Calendar Return (Last 10 years)

4.36% (2023)

Worst Calendar Return (Last 10 years)

0.00% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 88.29
Canadian Government Bonds 3.34
Canadian Bonds - Other 3.04
Canadian Corporate Bonds 2.84
Mortgages 2.47
Other 0.02

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 88.30
Fixed Income 11.70

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Ontario T-Bill 8.18
Toronto-Dominion Bank 1.94% 13-Mar-2025 4.09
Bank of Montreal 2.37% 03-Jan-2025 4.00
Enbridge Gas Inc 3.93
Quebec T-Bill 3.08
Royal Bank of Canada 1.94% 01-May-2025 3.06
Cards II Trust 4.33% 15-May-2028 3.04
Toyota Credit Canada Inc 2.31% 23-Oct-2024 2.76
Canada Government 27-Mar-2025 2.71
Royal Bank of Canada 2.61% 01-Nov-2024 2.59

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

CI Money Market Fund (Class A units)

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.55% 0.58% 0.47%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino -0.03% -1.81% -2.67%
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 0.11% 0.55% 0.58% 0.47%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - -0.03% -1.81% -2.67%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date October 01, 1990
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $3,345

Fund Codes

FundServ Code Load Code Sales Status
CIG1648
CIG648
CIG649

Investment Objectives

This fund’s objective is to earn income at the highest rate of return that is consistent with preserving capital and maintaining liquidity. It invests primarily in money market instruments that mature in less than 365 days. These include: short-term debt obligations issued or guaranteed by the governments of Canada, any province or any agency of these governments; commercial paper and other high quality short-term debt obligations of Canadian corporations and Canadian chartered banks.

Investment Strategy

The portfolio advisor selects securities that it believes have a fundamental value that is not reflected in their credit rating and yield. The portfolio advisor may use techniques such as analyzing: 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 01-01-2004
Grant Connor 02-15-2024

Management and Organization

Fund Manager CI Global Asset Management
Advisor CI Global Asset Management
Custodian RBC Investor Services Trust (Canada)
Registrar CI Global Asset Management
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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