Join Fund Library now and get free access to personalized features to help you manage your investments.

CIBC Multi-Sector Fixed Income Private Pool Premium Class

High Yield Fixed Income

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(05-22-2024)
$9.24
Change
$0.02 (0.23%)

As at April 30, 2024

As at April 30, 2024

Period
Loading...

Legend

CIBC Multi-Sector Fixed Income Private Pool Premium Class

Compare Options


Fund Returns

Inception Return (May 16, 2016): 2.81%

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 0.56% 2.16% 5.80% 3.90% 7.68% 5.33% 3.20% 2.29% 1.66% 2.64% 1.61% - - -
Benchmark 0.55% 3.28% 8.20% 4.71% 10.33% 8.77% 3.34% 4.51% 3.12% 4.18% 3.35% 5.49% 5.30% 5.68%
Category Average -0.86% 7.34% 7.34% 0.69% 6.00% 2.76% 0.06% 3.64% 1.99% 2.27% 2.19% 3.05% 2.45% 2.45%
Category Rank 23 / 294 37 / 294 269 / 294 26 / 294 107 / 288 49 / 285 32 / 276 239 / 269 199 / 262 129 / 243 182 / 230 - - -
Quartile Ranking 1 1 4 1 2 1 1 4 4 3 4 - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -0.23% -1.43% 0.51% 2.09% -0.31% 1.16% 1.20% 0.62% 1.70% 0.75% 0.83% 0.56%
Benchmark -1.13% -0.73% 1.08% 2.51% -1.32% 1.59% 2.42% 0.89% 1.39% 1.87% 0.83% 0.55%

Best Monthly Return Since Inception

3.72% (February 2018)

Worst Monthly Return Since Inception

-7.06% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - -2.08% 6.29% 3.81% 1.11% 0.72% -4.45% 6.51%
Benchmark 8.91% 14.93% 10.80% 2.96% 5.36% 7.98% 6.14% 0.50% -6.92% 10.36%
Category Average 2.69% -2.71% 9.58% 5.34% -2.63% 9.49% 5.35% 3.21% -10.00% 8.59%
Quartile Ranking - - - 4 1 4 4 4 1 4
Category Rank - - - 217/ 223 8/ 235 245/ 260 220/ 268 231/ 270 18/ 279 249/ 288

Best Calendar Return (Last 10 years)

6.51% (2023)

Worst Calendar Return (Last 10 years)

-4.45% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 37.64
Foreign Government Bonds 18.43
Mortgages 16.45
Foreign Bonds - Other 10.22
Foreign Bonds - Funds 9.17
Other 8.09

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 92.10
Cash and Cash Equivalent 7.94
Other -0.04

Geographic Allocation

Geographic Allocation
Name Percent
North America 73.58
Europe 10.69
Multi-National 9.17
Latin America 2.91
Asia 2.20
Other 1.45

Top Holdings

Top Holdings
Name Percent
CIBC Global Credit Fund Series O 9.17
ARES STRATEGIC INCOME FUND, CLASS I 5.38
United States Treasury 5.00% 31-Aug-2025 5.06
United States Treasury 0.00% 02-May-2024 2.54
Cash and Cash Equivalents 2.07
United States Treasury 0.88% 15-Nov-2030 2.03
Germany Government 0.00% 15-Feb-2031 1.14
Federal Home Loan Mrtg Corp 5.84% 15-Aug-2057 0.91
United Kingdom Government 4.25% 07-Jun-2032 0.86
Japan Government 0.01% 01-May-2024 0.82

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

CIBC Multi-Sector Fixed Income Private Pool Premium Class

Median

Other - High Yield Fixed Income

3 Yr Annualized

Standard Deviation 5.03% 5.82% -
Beta 0.59% 0.68% -
Alpha 0.01% 0.00% -
Rsquared 0.66% 0.68% -
Sharpe 0.10% -0.03% -
Sortino 0.07% -0.25% -
Treynor 0.01% 0.00% -
Tax Efficiency 47.07% 3.73% -
Volatility 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 3.27% 5.03% 5.82% -
Beta 0.62% 0.59% 0.68% -
Alpha 0.01% 0.01% 0.00% -
Rsquared 0.72% 0.66% 0.68% -
Sharpe 0.82% 0.10% -0.03% -
Sortino 2.44% 0.07% -0.25% -
Treynor 0.04% 0.01% 0.00% -
Tax Efficiency 75.05% 47.07% 3.73% -

Fund Details

Start Date May 16, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $424

Fund Codes

FundServ Code Load Code Sales Status
ATL3623

Investment Objectives

The Pool seeks to generate a high level of current income from a diversified portfolio investing primarily in high yielding debt and investment grade fixed income securities of issuers located anywhere in the world. We will not change the fundamental investment objectives of the Pool without notice to, or the consent of, unitholders by a majority of votes cast at a meeting of unitholders.

Investment Strategy

To achieve its investment objectives, the Pool: seeks current income and capital appreciation by active asset allocation among market sectors in the fixed income universe. These sectors may include, for example, U.S. Government securities, corporate debt securities, mortgage and asset backed securities, foreign debt securities, emerging market debt securities, loans and high yield debt securities. The portfolio sub-advisors can be highly tactical in these allocations.

Portfolio Manager(s)

Name Start Date
CIBC Asset Management Inc. 04-19-2016
Western Asset Management Company 05-16-2016
DoubleLine Capital LP 05-16-2016

Management and Organization

Fund Manager CIBC Asset Management Inc.
Advisor CIBC Asset Management Inc.
Custodian CIBC Mellon Trust Company
Registrar CIBC Asset Management Inc.
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 100,000
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 150,000
SWP Min Withdrawal 100

Fees

MER 1.32%
Management Fee 1.10%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.