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CI Preferred Share Fund (Class A units)

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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 GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(08-01-2025) 		$12.69
Change
-$0.05 (-0.41%)

As at June 30, 2025

As at June 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Apr 2016Jan 2017Oct 2017Jul 2018Apr 2019Jan 2020Oct 2020Jul 2021Apr 2022Jan 2023Oct 2023Jul 2024Apr 2025Jul 2022Oct 2022Apr 2023Jul 2023Jan 2024Apr 2024Oct 2024Jan 2025Jan 2016Jul 2017Jan 2019Jul 2020Jan 2022Jul 2023Jan 2025$10,000$7,500$12,500$15,000$17,500$20,000$8,000$9,000$11,000$12,000$13,000Period

Legend

CI Preferred Share Fund (Class A units)

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Fund Returns

Inception Return (December 21, 2015): 6.04%

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 2.54% 3.59% 6.19% 6.19% 15.99% 16.49% 8.18% 4.67% 10.85% 7.61% 5.21% 5.11% 6.01% -
Benchmark 2.77% 4.59% 7.30% 7.30% 17.17% 18.95% 8.80% 4.93% 10.62% 7.42% 4.83% 4.88% 6.45% 4.71%
Category Average 2.45% 3.59% 5.62% 5.62% 14.52% 16.88% 8.33% 4.22% 10.21% 6.95% 4.52% 4.45% 6.02% 4.69%
Category Rank 42 / 65 44 / 65 43 / 65 43 / 65 38 / 64 49 / 64 47 / 64 42 / 64 42 / 59 37 / 58 25 / 52 25 / 49 28 / 36 -
Quartile Ranking 3 3 3 3 3 4 3 3 3 3 2 3 4 -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.45% 2.54% 0.88% -0.63% 1.57% 2.11% 2.60% 0.30% -0.38% -3.46% 4.64% 2.54%
Benchmark 2.25% 2.71% 0.48% -1.38% 2.29% 2.59% 2.25% 0.45% -0.12% -3.12% 5.05% 2.77%

Best Monthly Return Since Inception

10.48% (April 2020)

Worst Monthly Return Since Inception

-18.60% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-30%-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - 9.50% 10.19% -7.24% 4.17% 5.53% 21.92% -14.11% 2.95% 22.64%
Benchmark -14.95% 6.98% 13.62% -7.93% 3.48% 6.16% 19.35% -18.08% 5.90% 24.70%
Category Average -11.52% 8.78% 12.66% -8.25% 4.17% 5.25% 19.63% -16.73% 6.27% 21.47%
Quartile Ranking - 2 4 2 2 3 3 1 4 3
Category Rank - 10/ 31 36/ 37 21/ 50 23/ 54 38/ 59 41/ 64 15/ 64 60/ 64 46/ 64

Best Calendar Return (Last 10 years)

22.64% (2024)

Worst Calendar Return (Last 10 years)

-14.11% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 83.07
US Equity 8.14
International Equity 2.97
Canadian Corporate Bonds 2.94
Cash and Equivalents 2.90

Sector Allocation

Sector Allocation
Name Percent
Financial Services 42.77
Energy 15.88
Utilities 15.41
Telecommunications 8.86
Real Estate 7.35
Other 9.73

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.05
Latin America 2.97

Top Holdings

Top Holdings
Name Percent
Enbridge Inc - Pfd Sr 1 2.96
BCE Inc - Pfd Sr AB 2.58
BCE Inc - Pfd Sr AD 2.34
Toronto-Dominion Bank - Pfd Sr 7 1.92
Toronto-Dominion Bank - Pfd Cl A Sr 1 1.89
Brookfield Renewable Partners LP - Pfd Cl A 1.80
Brookfield Office Properties Inc - Pfd Cl AAA Sr P 1.79
TransAlta Corp - Pfd Sr C 1.78
TC Energy Corp - Pfd Sr 1 1.72
Cash 1.70

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return891011121314151617-2%0%2%4%6%8%10%12%14%

CI Preferred Share Fund (Class A units)

Median

Other - Preferred Sh Fixed Income

3 Yr Annualized

Standard Deviation 10.04% 10.03% -
Beta 0.88% 0.90% -
Alpha 0.00% 0.01% -
Rsquared 0.97% 0.96% -
Sharpe 0.44% 0.83% -
Sortino 0.91% 1.31% -
Treynor 0.05% 0.09% -
Tax Efficiency 78.26% 82.54% -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 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 7.27% 10.04% 10.03% -
Beta 0.94% 0.88% 0.90% -
Alpha 0.00% 0.00% 0.01% -
Rsquared 0.96% 0.97% 0.96% -
Sharpe 1.62% 0.44% 0.83% -
Sortino 3.14% 0.91% 1.31% -
Treynor 0.13% 0.05% 0.09% -
Tax Efficiency 87.77% 78.26% 82.54% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A21.9​21.928.0​28.00%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A14.6​14.625.4​25.40%10%20%30%40%50%60%70%80%90%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.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A23.4​23.430.7​30.70%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A19.7​19.718.1​18.10%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

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) $34

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 Management

Portfolio Manager

CI Global Asset Management

  • John Shaw
  • Leanne Ongaro
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 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) -

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