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CI North American Small/Mid Cap Equity Fund Series A

Cdn Foc Small/Mid Cap Eq

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2016, 2015, 2014, 2013, 2012

Click for more information on Fundata’s FundGrade

NAVPS
(08-27-2025)
$31.42
Change
-$0.01 (-0.04%)

As at July 31, 2025

As at July 31, 2025

Period
Created with Highcharts 10.3.3Jan 2006Jul 2007Jan 2009Jul 2010Jan 2012Jul 2013Jan 2015Jul 2016Jan 2018Jul 2019Jan 2021Jul 2022Jan 2024Jul 2025Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2007Jul 2010Jul 2013Jul 2016Jul 2019Jul 2022$10,000$30,000$50,000$70,000-$10,000$90,000$8,000$9,000$11,000$12,000$13,000$14,000Period

Legend

CI North American Small/Mid Cap Equity Fund Series A

Compare Options


Fund Returns

Inception Return (July 28, 2005): 9.90%

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 0.88% 10.15% -0.35% 2.46% 6.26% 13.02% 9.29% 3.82% 9.84% 7.63% 6.12% 6.19% 6.78% 6.09%
Benchmark 1.91% 14.51% 9.13% 11.28% 15.93% 15.41% 12.49% 7.22% 12.96% 10.06% 8.07% 8.10% 7.51% 8.30%
Category Average 1.80% 11.24% 2.85% 4.77% 9.95% 12.61% 9.44% 4.42% 10.53% 9.99% 8.85% 9.10% 8.92% 8.40%
Category Rank 41 / 48 41 / 48 45 / 48 43 / 48 41 / 48 23 / 48 24 / 48 28 / 48 29 / 48 33 / 45 23 / 38 22 / 36 20 / 35 23 / 33
Quartile Ranking 4 4 4 4 4 2 2 3 3 3 3 3 3 3

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%
Monthly Return
Return % Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Fund -1.46% 2.63% 1.40% 6.42% -4.97% 2.82% -3.80% -5.39% -0.61% 5.23% 3.77% 0.88%
Benchmark -1.27% 3.54% 1.20% 4.03% -3.21% 1.97% -2.72% 0.21% -2.24% 6.67% 5.34% 1.91%

Best Monthly Return Since Inception

15.06% (April 2020)

Worst Monthly Return Since Inception

-22.36% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -0.22% 14.56% 8.43% -10.41% 18.28% 8.01% 18.71% -14.05% 8.67% 19.60%
Benchmark -3.54% 27.23% 7.15% -14.41% 17.42% 12.92% 18.74% -10.51% 8.17% 18.86%
Category Average -2.19% 16.27% 9.79% -11.20% 21.83% 30.06% 13.94% -13.64% 7.90% 18.68%
Quartile Ranking 3 3 3 2 3 3 3 3 2 2
Category Rank 19/ 31 24/ 34 23/ 35 18/ 36 27/ 39 34/ 48 34/ 48 31/ 48 19/ 48 21/ 48

Best Calendar Return (Last 10 years)

19.60% (2024)

Worst Calendar Return (Last 10 years)

-14.05% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 50.82
US Equity 34.62
Income Trust Units 7.81
International Equity 6.66
Cash and Equivalents 0.09

Sector Allocation

Sector Allocation
Name Percent
Real Estate 23.52
Financial Services 17.77
Consumer Services 13.30
Technology 11.99
Industrial Services 11.73
Other 21.69

Geographic Allocation

Geographic Allocation
Name Percent
North America 86.13
Latin America 9.57
Europe 4.31

Top Holdings

Top Holdings
Name Percent
KKR & Co Inc 5.05
Information Services Corp Cl A 4.95
Live Nation Entertainment Inc 4.09
Stantec Inc 3.91
Cargojet Inc 3.74
Trisura Group Ltd 3.70
Brookfield Business Partners LP - Units 3.69
Brookfield Infrastructure Partners LP - Units 3.53
Atlanta Braves Holdings Inc 3.34
Waste Connections Inc 3.32

Equity Style

Market capitalization is medium. Equity style is growth.

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 Return91011121314151617-5%0%5%10%15%20%25%

CI North American Small/Mid Cap Equity Fund Series A

Median

Other - Cdn Foc Small/Mid Cap Eq

3 Yr Annualized

Standard Deviation 14.67% 14.86% 15.35%
Beta 0.91% 0.81% 0.80%
Alpha -0.02% 0.00% 0.00%
Rsquared 0.67% 0.68% 0.78%
Sharpe 0.41% 0.54% 0.35%
Sortino 0.77% 0.81% 0.37%
Treynor 0.07% 0.10% 0.07%
Tax Efficiency 93.29% 93.36% 85.75%
Volatility Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10

Risk Rating

Rating 8 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.50% 14.67% 14.86% 15.35%
Beta 1.03% 0.91% 0.81% 0.80%
Alpha -0.09% -0.02% 0.00% 0.00%
Rsquared 0.73% 0.67% 0.68% 0.78%
Sharpe 0.28% 0.41% 0.54% 0.35%
Sortino 0.44% 0.77% 0.81% 0.37%
Treynor 0.04% 0.07% 0.10% 0.07%
Tax Efficiency 90.99% 93.29% 93.36% 85.75%

Fund Details

Start Date July 28, 2005
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,121

Fund Codes

FundServ Code Load Code Sales Status
CIG1921
CIG3921
CIG50221

Investment Objectives

The Fund’s investment objective is to provide consistent monthly income and capital appreciation by investing in equity securities of small and medium capitalization companies and trusts, as well as preferred securities and convertible debentures and, to a lesser extent, in other interest-bearing securities, such as bonds, bills or bankers’ acceptances.

Investment Strategy

The Manager employs a value-oriented investment approach, using fundamental analysis to identify companies that have high returns on invested capital, generate free cash flow and have modest capital expenditure requirements. In addition, the Fund may hold preferred securities and convertible debentures.

Portfolio Management

Portfolio Manager

CI Global Asset Management

  • Aubrey Hearn
  • Jack Hall
  • Evan Rodvang
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 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 2.42%
Management Fee 2.00%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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