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CI High Interest Savings Fund Series A

Canadian Money Market

NAVPS
(05-17-2024)
$10.02
Change
$0.00 (0.01%)

As at April 30, 2024

As at April 30, 2024

Period
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Legend

CI High Interest Savings Fund Series A

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Fund Returns

Inception Return (July 30, 2019): 2.18%

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 0.42% 1.13% 2.36% 1.56% 4.92% 4.16% 2.91% 2.28% - - - - - -
Benchmark 0.41% 1.22% 2.46% 1.62% 4.90% 4.09% 2.78% 2.11% 2.00% 1.92% 1.77% 1.61% 1.49% 1.42%
Category Average 0.36% 2.23% 2.23% 1.44% 4.29% 3.38% 2.18% 1.66% 1.54% 1.44% 1.30% 1.15% 1.04% 0.96%
Category Rank 109 / 256 141 / 250 127 / 247 130 / 248 70 / 234 42 / 218 33 / 211 28 / 201 - - - - - -
Quartile Ranking 2 3 3 3 2 1 1 1 - - - - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 0.41% 0.39% 0.42% 0.43% 0.40% 0.44% 0.41% 0.38% 0.42% 0.36% 0.35% 0.42%
Benchmark 0.36% 0.37% 0.40% 0.41% 0.41% 0.41% 0.41% 0.41% 0.40% 0.40% 0.40% 0.41%

Best Monthly Return Since Inception

0.44% (October 2023)

Worst Monthly Return Since Inception

0.01% (July 2019)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - 0.74% 0.40% 2.07% 4.86%
Benchmark 0.91% 0.55% 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71%
Category Average 0.30% 0.02% 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06%
Quartile Ranking - - - - - - 1 1 1 1
Category Rank - - - - - - 42/ 198 17/ 211 22/ 215 48/ 225

Best Calendar Return (Last 10 years)

4.86% (2023)

Worst Calendar Return (Last 10 years)

0.40% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 100.00

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 100.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
CI High Interest Savings ETF (CSAV) 99.64
Cash and Cash Equivalents 0.36

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

CI High Interest Savings Fund Series A

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.57% - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino -0.29% - -
Treynor - - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 - -

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.09% 0.57% - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - -0.29% - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date July 30, 2019
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $6,488

Fund Codes

FundServ Code Load Code Sales Status
CIG2113
CIG3013
CIG3113

Investment Objectives

The investment objective of fund is to maximize monthly income for unitholders while preserving capital and liquidity by investing primarily in high interest deposit accounts. 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

To achieve its investment objective, the fund will invest all or substantially all of its assets in the CI High Interest Savings ETF. The CI High Interest Savings ETF holds substantially all of its assets in high interest deposit accounts with one or more Canadian chartered banks, credit unions or trust companies.

Portfolio Manager(s)

Name Start Date
Craig Allardyce 07-30-2019
Manash Goswami 07-30-2019

Management and Organization

Fund Manager CI Investments Inc
Advisor CI Investments Inc
Custodian CIBC Mellon Trust Company
Registrar CI Investments Inc
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.32%
Management Fee 0.39%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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