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Global Fixed Income
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NAVPS (07-25-2024) |
$9.49 |
---|---|
Change |
$0.02
(0.23%)
|
As at June 30, 2024
As at June 30, 2024
Inception Return (September 26, 1994): 2.77%
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 | 0.32% | -1.06% | -1.71% | -1.71% | 1.21% | -0.08% | -3.72% | -3.04% | -2.13% | -1.26% | -1.20% | -0.69% | 0.11% | 0.88% |
Benchmark | 1.16% | -0.09% | 0.33% | 0.33% | 3.91% | 2.42% | -2.71% | -3.97% | -1.50% | -0.40% | 0.03% | -0.26% | 1.17% | 2.01% |
Category Average | 0.71% | -0.10% | -0.10% | -0.10% | 3.35% | 2.36% | -2.12% | -1.23% | -0.21% | 0.59% | 0.49% | 0.58% | 1.01% | 1.13% |
Category Rank | 503 / 545 | 507 / 544 | 487 / 533 | 487 / 533 | 446 / 488 | 408 / 442 | 307 / 360 | 231 / 295 | 223 / 248 | 189 / 212 | 152 / 175 | 106 / 156 | 99 / 127 | 72 / 114 |
Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 3 |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.16% | -0.33% | -1.95% | -0.55% | 3.09% | 2.93% | -0.52% | -0.80% | 0.67% | -1.92% | 0.54% | 0.32% |
Benchmark | -0.13% | 1.51% | -3.16% | 1.33% | 2.61% | 1.46% | 0.01% | 0.00% | 0.40% | -1.24% | 0.00% | 1.16% |
10.38% (January 2015)
-4.42% (November 2016)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 10.43% | 8.62% | -0.43% | 3.41% | 2.36% | 1.82% | 4.14% | -4.38% | -13.44% | 5.50% |
Benchmark | 10.42% | 16.63% | -1.36% | -0.08% | 7.82% | 1.45% | 7.03% | -6.05% | -10.83% | 2.72% |
Category Average | 4.74% | 2.92% | 2.08% | 2.75% | -0.04% | 5.49% | 5.94% | -1.81% | -10.70% | 5.33% |
Quartile Ranking | 1 | 2 | 3 | 1 | 2 | 3 | 4 | 3 | 4 | 2 |
Category Rank | 9/ 101 | 58/ 124 | 77/ 136 | 29/ 165 | 85/ 193 | 171/ 236 | 229/ 266 | 242/ 323 | 330/ 390 | 223/ 470 |
10.43% (2014)
-13.44% (2022)
Name | Percent |
---|---|
Foreign Government Bonds | 92.79 |
Cash and Equivalents | 7.23 |
Foreign Corporate Bonds | 3.49 |
Canadian Government Bonds | -0.01 |
Derivatives | -3.49 |
Other | -0.01 |
Name | Percent |
---|---|
Fixed Income | 96.26 |
Cash and Cash Equivalent | 7.23 |
Other | -3.49 |
Name | Percent |
---|---|
North America | 45.21 |
Europe | 32.54 |
Asia | 19.29 |
Latin America | 4.31 |
Africa and Middle East | 1.69 |
Other | -3.04 |
Name | Percent |
---|---|
United States Treasury 3.00% 31-Oct-2025 | 5.47 |
United States Treasury 1.38% 31-Oct-2028 | 4.56 |
United States Treasury 2.88% 15-May-2032 | 4.15 |
United States Treasury 2.25% 15-Aug-2027 | 3.84 |
China Government 2.35% 15-Mar-2025 | 3.56 |
United States Treasury 1.38% 15-Nov-2031 | 3.53 |
IRS P WIBR6M Index R 5.125 5.13% 05-Apr-2034 | 3.49 |
United States Treasury 1.75% 15-Nov-2029 | 2.32 |
Canada Government 29-Aug-2024 | 2.25 |
Spain Government 1.50% 30-Apr-2027 | 2.11 |
CIBC Global Bond Fund Class A
Median
Other - Global Fixed Income
Standard Deviation | 5.83% | 6.01% | 6.95% |
---|---|---|---|
Beta | 0.66% | 0.47% | 0.65% |
Alpha | -0.02% | -0.01% | 0.00% |
Rsquared | 0.61% | 0.29% | 0.51% |
Sharpe | -1.14% | -0.68% | -0.05% |
Sortino | -1.33% | -1.02% | -0.40% |
Treynor | -0.10% | -0.09% | -0.01% |
Tax Efficiency | - | - | 2.54% |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 5.50% | 5.83% | 6.01% | 6.95% |
Beta | 0.80% | 0.66% | 0.47% | 0.65% |
Alpha | -0.02% | -0.02% | -0.01% | 0.00% |
Rsquared | 0.58% | 0.61% | 0.29% | 0.51% |
Sharpe | -0.64% | -1.14% | -0.68% | -0.05% |
Sortino | -0.47% | -1.33% | -1.02% | -0.40% |
Treynor | -0.04% | -0.10% | -0.09% | -0.01% |
Tax Efficiency | 68.75% | - | - | 2.54% |
Start Date | September 26, 1994 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Quarterly |
Assets ($mil) | $763 |
FundServ Code | Load Code | Sales Status |
---|---|---|
CIB490 |
To provide a high level of income and some capital growth while attempting to preserve capital, by investing primarily in debt securities denominated in foreign currencies issued by Canadian or non-Canadian governments or corporations, and international agencies such as the International Bank for Reconstruction and Development, also known as the World Bank.
To achieve its investment objectives, the Fund: takes a measured approach to active country, curve and currency investing, supported by macroeconomic regime assessments and fundamental country research to determine, and consistently adjust for, optimal portfolio positioning; uses a currency overlay to add value by investing in countries with attractive carry, value, momentum, and cycle factors.
Name | Start Date |
---|---|
CIBC Asset Management Inc. | 09-20-2019 |
Fund Manager | Canadian Imperial Bank of Commerce |
---|---|
Advisor | CIBC Asset Management Inc. |
Custodian | CIBC Mellon Trust Company |
Registrar | Canadian Imperial Bank of Commerce |
Distributor | CIBC Securities Inc. |
Auditor | Ernst & Young LLP, Chartered Accountants |
RSP Eligible | Yes |
---|---|
PAC Allowed | Yes |
PAC Initial Investment | 500 |
PAC Subsequent | 25 |
SWP Allowed | Yes |
SWP Min Balance | 10,000 |
SWP Min Withdrawal | 100 |
MER | 1.24% |
---|---|
Management Fee | 1.00% |
Load | No Load |
FE Max | - |
DSC Max | - |
Trailer Fee Max (FE) | - |
Trailer Fee Max (DSC) | - |
Trailer Fee Max (NL) | 0.50% |
Trailer Fee Max (LL) | - |
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