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Real Estate Equity
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|
NAVPS (11-22-2024) |
$37.78 |
|---|---|
| Change |
-$0.01
(-0.02%)
|
As at October 31, 2024
As at October 31, 2024
As at July 31, 2024
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Inception Return (September 22, 1997): 6.53%
| 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 | -5.31% | 4.93% | 18.22% | 10.67% | 30.80% | 11.62% | -2.31% | 6.95% | 2.84% | 5.29% | 5.19% | 4.89% | 5.12% | 5.21% |
| Benchmark | -1.89% | 4.94% | 16.82% | 11.07% | 30.05% | 12.04% | 2.18% | 9.85% | 2.21% | 5.00% | 4.78% | 4.36% | 4.36% | 5.92% |
| Category Average | -3.74% | 3.43% | 14.66% | 8.97% | 25.60% | 9.09% | -1.22% | 6.18% | 1.49% | 4.38% | 3.99% | 4.07% | 3.85% | 4.70% |
| Category Rank | 136 / 145 | 12 / 144 | 8 / 142 | 52 / 142 | 9 / 142 | 34 / 137 | 101 / 127 | 50 / 127 | 26 / 119 | 37 / 111 | 34 / 103 | 42 / 99 | 31 / 88 | 39 / 82 |
| Quartile Ranking | 4 | 1 | 1 | 2 | 1 | 1 | 4 | 2 | 1 | 2 | 2 | 2 | 2 | 2 |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 8.61% | 8.82% | -0.80% | -0.52% | 1.67% | -6.69% | 2.41% | 0.98% | 8.95% | 5.58% | 4.95% | -5.31% |
| Benchmark | 8.53% | 7.88% | -3.79% | 1.17% | 2.80% | -4.98% | 2.73% | 1.36% | 6.91% | 3.93% | 2.91% | -1.89% |
11.48% (November 2020)
-21.19% (October 2008)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 13.61% | 2.34% | 10.60% | 3.45% | -0.19% | 21.71% | -2.47% | 30.95% | -24.74% | 8.06% |
| Benchmark | 30.89% | 21.00% | 1.59% | 1.40% | 2.74% | 15.42% | -11.04% | 30.68% | -19.44% | 10.39% |
| Category Average | 20.48% | 11.96% | 1.20% | 5.38% | 0.16% | 19.52% | -6.93% | 27.77% | -21.53% | 6.48% |
| Quartile Ranking | 4 | 4 | 1 | 4 | 3 | 2 | 1 | 2 | 4 | 2 |
| Category Rank | 70/ 78 | 75/ 83 | 14/ 97 | 78/ 99 | 77/ 103 | 32/ 111 | 6/ 121 | 43/ 127 | 115/ 127 | 54/ 137 |
30.95% (2021)
-24.74% (2022)
| Name | Percent |
|---|---|
| Income Trust Units | 52.39 |
| Canadian Equity | 24.63 |
| US Equity | 21.05 |
| Cash and Equivalents | 1.93 |
| Name | Percent |
|---|---|
| Real Estate | 84.20 |
| Healthcare | 8.56 |
| Financial Services | 5.32 |
| Cash and Cash Equivalent | 1.93 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| FirstService Corp | 6.22 |
| Granite REIT - Units | 5.99 |
| First Capital REIT - Units | 5.90 |
| Canadian Apartment Properties REIT - Units | 5.23 |
| Choice Properties REIT - Units | 4.84 |
| Sienna Senior Living Inc | 4.72 |
| Dream Industrial REIT - Units | 4.64 |
| Brookfield Corp Cl A | 4.21 |
| Colliers International Group Inc | 4.15 |
| Boardwalk REIT - Units | 4.06 |
CIBC Canadian Real Estate Fund Class A
Median
Other - Real Estate Equity
| Standard Deviation | 19.35% | 19.58% | 15.10% |
|---|---|---|---|
| Beta | 1.09% | 1.06% | 0.85% |
| Alpha | -0.04% | 0.01% | 0.00% |
| Rsquared | 0.87% | 0.88% | 0.75% |
| Sharpe | -0.21% | 0.13% | 0.31% |
| Sortino | -0.26% | 0.12% | 0.30% |
| Treynor | -0.04% | 0.02% | 0.05% |
| Tax Efficiency | - | 67.74% | 87.39% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 18.18% | 19.35% | 19.58% | 15.10% |
| Beta | 1.14% | 1.09% | 1.06% | 0.85% |
| Alpha | -0.03% | -0.04% | 0.01% | 0.00% |
| Rsquared | 0.88% | 0.87% | 0.88% | 0.75% |
| Sharpe | 1.32% | -0.21% | 0.13% | 0.31% |
| Sortino | 2.85% | -0.26% | 0.12% | 0.30% |
| Treynor | 0.21% | -0.04% | 0.02% | 0.05% |
| Tax Efficiency | 96.99% | - | 67.74% | 87.39% |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | September 22, 1997 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $40 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CIB506 |
To provide long-term growth through capital appreciation by investing primarily in the Canadian real estate industry. We will not change the Fund’s fundamental investment objectives without the consent of unitholders by a majority of votes cast at a meeting of unitholders.
To achieve its investment objectives, the Fund: uses a bottom-up security approach for company selection based on an assessment of the quality of properties owned and an evaluation of management’s track record. The approach identifies securities that are undervalued versus their peers based on established parameters such as price/earnings, price/cash flow, price/book value, etc. The Fund will invest primarily in real estate investment trust units and publicly-traded Canadian real estate stocks;.
| Name | Start Date |
|---|---|
| Lincluden Investment Management | 03-11-2020 |
| CIBC Asset Management Inc. | 03-11-2020 |
| 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 | 2.33% |
|---|---|
| Management Fee | 1.80% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 1.00% |
| Trailer Fee Max (LL) | - |
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