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

CI Preferred Share Fund (Class A units)

Preferred Sh Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeE Click for more information on Fundata’s ESG Grade

Fundata ESG Grade E

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-21-2024)
$11.15
Change
-$0.01 (-0.12%)

As at April 30, 2024

As at April 30, 2024

As at February 29, 2024

Period
Loading...

Legend

CI Preferred Share Fund (Class A units)

Compare Options


Fund Returns

Inception Return (December 21, 2015): 4.77%

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 0.16% 4.24% 20.34% 10.00% 12.16% 3.03% 1.82% 9.51% 5.15% 3.29% 3.42% 4.81% - -
Benchmark 1.22% 4.86% 22.46% 10.96% 14.60% 3.07% 1.13% 8.83% 4.49% 2.63% 2.98% 4.79% 2.67% 2.07%
Category Average 0.94% 19.97% 19.97% 9.38% 14.52% 3.26% 1.26% 8.98% 4.53% 2.73% 2.85% 4.76% 2.98% 2.63%
Category Rank 61 / 71 47 / 71 50 / 71 50 / 71 61 / 70 51 / 69 39 / 69 42 / 64 36 / 63 25 / 55 24 / 52 26 / 38 - -
Quartile Ranking 4 3 3 3 4 3 3 3 3 2 2 3 - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -2.96% 0.84% 0.98% -3.18% 0.75% -3.32% 9.08% 0.30% 5.53% 0.60% 3.45% 0.16%
Benchmark -3.57% 1.28% 1.45% -4.21% 1.44% -2.80% 9.47% 0.82% 5.81% 0.13% 3.47% 1.22%

Best Monthly Return Since Inception

10.48% (April 2020)

Worst Monthly Return Since Inception

-18.60% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - 9.50% 10.19% -7.24% 4.17% 5.53% 21.92% -14.11% 2.95%
Benchmark 6.82% -14.95% 6.98% 13.62% -7.93% 3.48% 6.16% 19.35% -18.08% 5.90%
Category Average 7.19% -11.52% 8.78% 12.66% -8.25% 4.17% 5.25% 19.63% -16.73% 6.27%
Quartile Ranking - - 2 4 2 2 3 3 1 4
Category Rank - - 9/ 34 40/ 41 21/ 55 23/ 59 43/ 64 42/ 69 15/ 69 66/ 70

Best Calendar Return (Last 10 years)

21.92% (2021)

Worst Calendar Return (Last 10 years)

-14.11% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 88.42
US Equity 6.42
International Equity 2.32
Canadian Corporate Bonds 1.85
Cash and Equivalents 0.95
Other 0.04

Sector Allocation

Sector Allocation
Name Percent
Financial Services 44.98
Energy 18.38
Utilities 13.91
Telecommunications 9.45
Real Estate 5.48
Other 7.80

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.65
Latin America 2.32
Other 0.03

Top Holdings

Top Holdings
Name Percent
Enbridge Inc - Pfd Sr 1 3.93
BCE Inc - Pfd Sr AB 3.31
BCE Inc - Pfd Sr AD 2.94
TransAlta Corp - Pfd Sr C 1.64
Brookfield Renewable Partners LP - Pfd Cl A 1.60
TC Energy Corp - Pfd Sr 1 1.58
TransAlta Corp - Pfd Sr E 1.53
Royal Bank of Canada - Pfd Sr BB 1.53
Power Corp of Canada - Pfd Sr A 1.51
Toronto-Dominion Bank - Pfd Cl A Sr 1 1.50

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

CI Preferred Share Fund (Class A units)

Median

Other - Preferred Sh Fixed Income

3 Yr Annualized

Standard Deviation 10.65% 14.04% -
Beta 0.87% 0.90% -
Alpha 0.01% 0.01% -
Rsquared 0.97% 0.98% -
Sharpe -0.04% 0.29% -
Sortino -0.09% 0.29% -
Treynor 0.00% 0.05% -
Tax Efficiency - 62.80% -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.58% 10.65% 14.04% -
Beta 0.93% 0.87% 0.90% -
Alpha -0.01% 0.01% 0.01% -
Rsquared 0.98% 0.97% 0.98% -
Sharpe 0.59% -0.04% 0.29% -
Sortino 1.57% -0.09% 0.29% -
Treynor 0.08% 0.00% 0.05% -
Tax Efficiency 82.31% - 62.80% -

Fundata ESG Metrics

Fundata ESG Score

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.

Fundata E Score

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.

Fundata S Score

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.

Fundata G Score

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.

Fund Details

Start Date December 21, 2015
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $30

Fund Codes

FundServ Code Load Code Sales Status
CIG1346
CIG2346
CIG3346

Investment Objectives

This fund’s objective is to provide strong risk-adjusted total returns by investing primarily in a diversified portfolio of preferred shares, from both Canadian and foreign issuers. Any change to the fundamental investment objective must be approved by a majority of votes cast at a meeting of unitholders held for that reason.

Investment Strategy

The portfolio advisor aims to identify preferred share investment in quality, large corporations, which have shown a history of dividend stability and then considers the impact of economic trends. According to market conditions, the portfolio advisor may also choose to invest up to 10% of the fund’s assets in fixed-income. The portfolio advisor may use techniques such as fundamental analysis to assess growth and value potential.

Portfolio Manager(s)

Name Start Date
John Shaw 12-23-2015
Leanne Ongaro 12-23-2015

Management and Organization

Fund Manager CI Investments Inc
Advisor CI Investments Inc
Custodian RBC Investor Services Trust
Registrar CI Investments Inc
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 1.47%
Management Fee 1.15%
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) -

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