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CI Corporate Bond Corporate Class (Class A shares)

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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
(11-22-2024) 		$17.96
Change
$0.02 (0.12%)

As at October 31, 2024

As at October 31, 2024

Period
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Legend

CI Corporate Bond Corporate Class (Class A shares)

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Fund Returns

Inception Return (July 15, 2003): 4.03%

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 -0.11% 1.86% 6.21% 7.83% 14.16% 8.43% 1.57% 2.82% 2.52% 3.21% 2.65% 2.85% 3.22% 3.05%
Benchmark 0.44% 1.96% 7.32% 8.56% 13.44% 10.26% 1.57% -0.22% 1.36% 3.04% 2.42% 2.25% 2.87% 3.82%
Category Average -0.72% 1.43% 5.44% 4.91% 12.29% 7.44% 0.49% 1.18% 1.77% 2.82% - - - -
Category Rank 77 / 156 45 / 153 45 / 122 38 / 114 33 / 114 42 / 113 52 / 103 46 / 96 49 / 92 46 / 87 45 / 82 34 / 69 34 / 66 23 / 42
Quartile Ranking 2 2 2 2 2 2 3 2 3 3 3 2 3 3

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 3.53% 2.27% 0.74% 0.40% 1.09% -0.71% 1.22% 0.85% 2.15% 0.51% 1.45% -0.11%
Benchmark 3.17% 1.28% 0.85% 0.16% 0.87% -0.72% 1.05% 0.71% 3.42% -0.54% 2.07% 0.44%

Best Monthly Return Since Inception

5.47% (April 2020)

Worst Monthly Return Since Inception

-11.44% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 4.52% 0.56% 7.84% 3.87% -1.38% 8.77% 5.02% 2.77% -10.43% 7.85%
Benchmark 12.44% 15.41% 0.66% 2.08% 5.22% 5.81% 8.39% -3.78% -10.63% 6.54%
Category Average - - - - - 9.03% 6.89% 0.56% -10.54% 7.62%
Quartile Ranking 4 4 2 3 3 3 4 2 3 3
Category Rank 36/ 40 40/ 52 31/ 66 52/ 75 55/ 82 55/ 88 76/ 92 43/ 96 65/ 103 59/ 113

Best Calendar Return (Last 10 years)

8.77% (2019)

Worst Calendar Return (Last 10 years)

-10.43% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 42.93
Canadian Corporate Bonds 39.24
Cash and Equivalents 5.22
Canadian Equity 4.59
US Equity 2.10
Other 5.92

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 87.31
Cash and Cash Equivalent 5.21
Financial Services 2.60
Energy 1.28
Mutual Fund 0.75
Other 2.85

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.69
Latin America 0.88
Europe 0.42
Other 0.01

Top Holdings

Top Holdings
Name Percent
CI Corporate Bond Fund Class I 99.73
Canadian Dollar 0.21
Us Dollar 0.05

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

CI Corporate Bond Corporate Class (Class A shares)

Median

Other - Global Corp Fixed Income

3 Yr Annualized

Standard Deviation 5.80% 7.67% 5.88%
Beta 0.61% 0.62% 0.34%
Alpha 0.01% 0.02% 0.02%
Rsquared 0.56% 0.30% 0.18%
Sharpe -0.30% 0.07% 0.27%
Sortino -0.31% -0.03% 0.04%
Treynor -0.03% 0.01% 0.05%
Tax Efficiency 86.85% 79.63% 77.45%
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 3.94% 5.80% 7.67% 5.88%
Beta 0.76% 0.61% 0.62% 0.34%
Alpha 0.04% 0.01% 0.02% 0.02%
Rsquared 0.75% 0.56% 0.30% 0.18%
Sharpe 2.22% -0.30% 0.07% 0.27%
Sortino 10.12% -0.31% -0.03% 0.04%
Treynor 0.11% -0.03% 0.01% 0.05%
Tax Efficiency 99.17% 86.85% 79.63% 77.45%

Fund Details

Start Date July 15, 2003
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Partially Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $467

Fund Codes

FundServ Code Load Code Sales Status
CIG1308
CIG14240
CIG2308
CIG3308

Investment Objectives

The fund’s investment objective is to achieve a yield advantage by using fundamental value analysis to evaluate investments. The fund invests mainly in fixed income securities that are investment grade and below investment grade.

Investment Strategy

The fund currently achieves its investment objective by investing all of its assets in CI Corporate Bond Fund (the underlying fund) which has the same portfolio adviser and objectives as the fund. All references to the fund below are describing the underlying fund. The portfolio adviser selects securities whose fundamental value it believes is not reflected in their credit ratings and yields.

Portfolio Manager(s)

Name Start Date
Geof Marshall 01-01-2006
John Shaw 01-01-2006

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 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.56%
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) 0.25%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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