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CI Corporate Bond Fund (Series A units)

Global Corp Fixed Income

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(08-28-2025)
$9.76
Change
$0.01 (0.06%)

As at July 31, 2025

As at July 31, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jan 2024Jan 2025Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jul 2025Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024$10,000$12,500$9,500$10,500$11,000$11,500$12,000Period

Legend

CI Corporate Bond Fund (Series A units)

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Fund Returns

Inception Return (December 31, 2001): 4.22%

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 0.68% 3.01% 1.58% 2.67% 6.38% 8.53% 6.06% 2.42% 3.47% 3.22% 3.59% 3.34% 3.58% 3.47%
Benchmark 0.68% 1.93% 1.34% 2.70% 6.50% 9.09% 7.01% 1.61% 0.38% 2.27% 3.10% 3.15% 2.61% 3.10%
Category Average 0.24% 1.60% 2.02% 2.78% 4.97% 6.43% 4.33% 0.99% 1.54% 2.28% 2.80% - - -
Category Rank 46 / 216 27 / 204 116 / 202 84 / 202 34 / 199 35 / 150 38 / 145 44 / 130 38 / 117 39 / 108 37 / 94 36 / 89 30 / 78 26 / 65
Quartile Ranking 1 1 3 2 1 1 2 2 2 2 2 2 2 2

Monthly Return

Created with Highcharts 10.3.3-3%-2%-1%0%1%2%3%
Monthly Return
Return % Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Fund 0.54% 1.48% -0.08% 1.36% 0.27% 1.08% 0.71% -0.64% -1.46% 1.27% 1.04% 0.68%
Benchmark -0.54% 2.07% 0.44% 1.01% 0.69% 1.35% 1.09% 0.51% -2.16% -0.29% 1.53% 0.68%

Best Monthly Return Since Inception

5.52% (April 2020)

Worst Monthly Return Since Inception

-11.42% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%15%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.55% 7.96% 4.16% -1.25% 9.12% 5.62% 3.16% -10.25% 8.20% 9.90%
Benchmark 15.41% 0.66% 2.08% 5.22% 5.81% 8.39% -3.78% -10.63% 6.54% 10.41%
Category Average - - - - 9.03% 6.89% 0.56% -10.54% 7.62% 5.63%
Quartile Ranking 4 2 3 3 2 3 2 3 2 1
Category Rank 52/ 63 29/ 78 48/ 84 66/ 92 46/ 105 73/ 110 38/ 118 79/ 132 48/ 149 33/ 151

Best Calendar Return (Last 10 years)

9.90% (2024)

Worst Calendar Return (Last 10 years)

-10.25% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 43.42
Canadian Corporate Bonds 40.70
Cash and Equivalents 5.66
Canadian Equity 4.39
US Equity 1.82
Other 4.01

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 87.22
Cash and Cash Equivalent 5.66
Financial Services 2.12
Energy 1.13
Utilities 0.76
Other 3.11

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.69
Latin America 0.81
Europe 0.37
Asia 0.09
Other 0.04

Top Holdings

Top Holdings
Name Percent
Cash 2.10
CI Alternative Credit Opportunities Fund Series I 1.94
Fairfax India Holdings Corp 5.00% 26-Feb-2028 0.96
Quotient Hldgs Fin Co Ltd Sr 144A Nt 1230 12.00% 15-Apr-2030 0.87
Dresdner Funding Trust I 8.15% 30-Jun-2029 0.82
Citigroup Capital XIII - Pfd 0.66
Inter Pipeline Ltd 6.63% 19-Nov-2079 0.64
Pembina Pipeline Corp 4.80% 25-Jan-2081 0.62
Barclays Bank Plc 6.28% 15-Dec-2171 0.52
Northeast Grocery Inc 0.50

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return23456789101112-4%-2%0%2%4%6%8%10%12%

CI Corporate Bond Fund (Series A units)

Median

Other - Global Corp Fixed Income

3 Yr Annualized

Standard Deviation 4.60% 4.95% 5.88%
Beta 0.59% 0.50% 0.40%
Alpha 0.02% 0.03% 0.02%
Rsquared 0.52% 0.42% 0.19%
Sharpe 0.44% 0.20% 0.31%
Sortino 1.16% 0.16% 0.13%
Treynor 0.03% 0.02% 0.05%
Tax Efficiency 73.92% 48.99% 47.10%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.05% 4.60% 4.95% 5.88%
Beta 0.56% 0.59% 0.50% 0.40%
Alpha 0.03% 0.02% 0.03% 0.02%
Rsquared 0.51% 0.52% 0.42% 0.19%
Sharpe 1.00% 0.44% 0.20% 0.31%
Sortino 1.66% 1.16% 0.16% 0.13%
Treynor 0.05% 0.03% 0.02% 0.05%
Tax Efficiency 76.29% 73.92% 48.99% 47.10%

Fund Details

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) $1,824

Fund Codes

FundServ Code Load Code Sales Status
CIG1150
CIG14212
CIG9010
CIG9060

Investment Objectives

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.

Investment Strategy

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.

Portfolio Management

Portfolio Manager

CI Global Asset Management

  • Geof Marshall
  • John Shaw
  • Brad Benson
Sub-Advisor

-

Management and Organization

Fund Manager

CI Global Asset Management

Custodian

CIBC Mellon Trust Company

Registrar

CI Global Asset Management

Distributor

-

Investment Minimums

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

Fees

MER 1.39%
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) 0.65%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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