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Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (10-16-2024) |
$8.68 |
|---|---|
| Change |
$0.03
(0.34%)
|
As at September 30, 2024
As at September 30, 2024
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Inception Return (October 03, 2006): 3.76%
| 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 | 1.87% | 5.75% | 6.38% | 10.76% | 18.51% | 10.95% | 4.36% | 5.74% | 4.75% | 4.71% | 4.26% | 3.96% | 4.21% | 3.66% |
| Benchmark | 2.55% | 7.82% | 8.01% | 11.27% | 20.38% | 12.17% | 5.26% | 7.09% | 6.40% | 6.76% | 6.37% | 6.00% | 6.52% | 5.60% |
| Category Average | 1.95% | 6.31% | 6.31% | 10.31% | 18.44% | 11.37% | 4.07% | 6.08% | 5.36% | 5.26% | 5.01% | 4.80% | 5.07% | 4.57% |
| Category Rank | 334 / 452 | 298 / 452 | 244 / 452 | 272 / 446 | 274 / 444 | 298 / 426 | 270 / 405 | 327 / 391 | 336 / 376 | 329 / 368 | 324 / 355 | 322 / 342 | 312 / 326 | 278 / 294 |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.31% | 5.22% | 3.04% | 0.23% | 1.66% | 2.18% | -1.95% | 2.27% | 0.33% | 3.30% | 0.49% | 1.87% |
| Benchmark | -1.57% | 6.01% | 3.69% | -0.31% | 0.82% | 2.49% | -1.88% | 1.52% | 0.56% | 4.19% | 0.91% | 2.55% |
5.42% (November 2020)
-9.34% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.70% | -1.71% | 6.78% | 3.18% | -5.41% | 11.40% | 4.57% | 8.82% | -7.80% | 7.40% |
| Benchmark | 9.98% | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% |
| Category Average | 7.98% | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% |
| Quartile Ranking | 4 | 3 | 3 | 4 | 3 | 4 | 4 | 4 | 2 | 4 |
| Category Rank | 235/ 288 | 225/ 301 | 221/ 334 | 316/ 347 | 259/ 358 | 320/ 368 | 288/ 377 | 342/ 392 | 190/ 412 | 327/ 432 |
11.40% (2019)
-7.80% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 30.24 |
| Canadian Corporate Bonds | 16.27 |
| US Equity | 14.81 |
| Canadian Government Bonds | 11.50 |
| Foreign Corporate Bonds | 8.47 |
| Other | 18.71 |
| Name | Percent |
|---|---|
| Fixed Income | 40.79 |
| Financial Services | 16.34 |
| Technology | 7.24 |
| Energy | 6.24 |
| Industrial Services | 4.21 |
| Other | 25.18 |
| Name | Percent |
|---|---|
| North America | 89.06 |
| Europe | 6.67 |
| Asia | 2.88 |
| Latin America | 1.27 |
| Multi-National | 0.01 |
| Other | 0.11 |
| Name | Percent |
|---|---|
| Renaissance Canadian Growth Fund Class O | 19.56 |
| CIBC Dividend Income Fund Class A | 19.55 |
| CIBC Canadian Bond Fund Class A | 17.37 |
| CIBC U.S. Equity Fund Class A | 10.08 |
| Renaissance Corporate Bond Fund Class O | 9.51 |
| CIBC International Equity Fund Class O | 6.95 |
| CIBC Canadian Short-Term Bond Index Fund Class A | 4.53 |
| Renaissance U.S. Equity Income Fund O | 4.03 |
| Renaissance High-Yield Bond Fund Class O | 3.01 |
| Renaissance Floating Rate Income Fund A | 3.01 |
CIBC Managed Monthly Income Balanced Portfolio Class A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.80% | 9.06% | 7.13% |
|---|---|---|---|
| Beta | 0.90% | 0.86% | 0.85% |
| Alpha | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.98% | 0.97% | 0.96% |
| Sharpe | 0.15% | 0.31% | 0.32% |
| Sortino | 0.28% | 0.31% | 0.16% |
| Treynor | 0.01% | 0.03% | 0.03% |
| Tax Efficiency | 62.57% | 65.80% | 55.30% |
| Volatility |
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|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.96% | 8.80% | 9.06% | 7.13% |
| Beta | 0.84% | 0.90% | 0.86% | 0.85% |
| Alpha | 0.01% | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.95% | 0.98% | 0.97% | 0.96% |
| Sharpe | 1.81% | 0.15% | 0.31% | 0.32% |
| Sortino | 5.32% | 0.28% | 0.31% | 0.16% |
| Treynor | 0.15% | 0.01% | 0.03% | 0.03% |
| Tax Efficiency | 90.78% | 62.57% | 65.80% | 55.30% |
| Start Date | October 03, 2006 |
|---|---|
| Instrument Type | Mutual Fund (Wrap Program) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $474 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CIB842 |
The Portfolio will attempt to create a diversified portfolio by allocating its investments across a balanced blend of asset classes. Within the asset classes, the Portfolio will invest primarily in Mutual Funds, including savings, income, and growth funds. The Portfolio will attempt to provide a high level of regular monthly income and long-term capital growth.
To achieve its investment objectives, the Portfolio: will, under normal market conditions, employ a disciplined long-term strategic asset allocation approach and may review and change the asset mix; will invest up to 100% of the Portfolio’s assets in Underlying Funds, that include mutual funds and exchange-traded funds, allocated to a target asset mix weight that will generally provide exposure to 60% equity securities and 40% fixed income securities.
| Name | Start Date |
|---|---|
| CIBC Asset Management Inc. | 09-04-2008 |
| Fund Manager | Canadian Imperial Bank of Commerce |
|---|---|
| Advisor | CIBC Asset Management Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | Canadian Imperial Bank of Commerce |
| Distributor | CIBC Securities Inc. |
| Auditor | Ernst & Young LLP, Chartered Accountants |
| 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 |
| MER | 2.22% |
|---|---|
| Management Fee | 2.05% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 1.00% |
| Trailer Fee Max (LL) | - |
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