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Global Corp Fixed Income
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|
NAVPS (12-02-2024) |
$18.19 |
|---|---|
| Change |
$0.01
(0.06%)
|
As at October 31, 2024
As at October 31, 2024
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Inception Return (July 15, 2003): 4.03%
| 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 | -0.11% | 1.86% | 6.21% | 7.83% | 14.16% | 8.43% | 1.57% | 2.82% | 2.52% | 3.21% | 2.65% | 2.85% | 3.22% | 3.05% |
| Benchmark | 0.44% | 1.96% | 7.32% | 8.56% | 13.44% | 10.26% | 1.57% | -0.22% | 1.36% | 3.04% | 2.42% | 2.25% | 2.87% | 3.82% |
| Category Average | -0.73% | 1.43% | 5.44% | 4.91% | 12.29% | 7.44% | 0.49% | 1.18% | 1.77% | 2.82% | - | - | - | - |
| Category Rank | 77 / 157 | 45 / 154 | 45 / 123 | 38 / 114 | 33 / 114 | 42 / 113 | 52 / 103 | 46 / 96 | 49 / 92 | 46 / 87 | 45 / 82 | 34 / 69 | 34 / 66 | 23 / 42 |
| Quartile Ranking | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 3 | 3 | 3 | 2 | 3 | 3 |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.53% | 2.27% | 0.74% | 0.40% | 1.09% | -0.71% | 1.22% | 0.85% | 2.15% | 0.51% | 1.45% | -0.11% |
| Benchmark | 3.17% | 1.28% | 0.85% | 0.16% | 0.87% | -0.72% | 1.05% | 0.71% | 3.42% | -0.54% | 2.07% | 0.44% |
5.47% (April 2020)
-11.44% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.52% | 0.56% | 7.84% | 3.87% | -1.38% | 8.77% | 5.02% | 2.77% | -10.43% | 7.85% |
| Benchmark | 12.44% | 15.41% | 0.66% | 2.08% | 5.22% | 5.81% | 8.39% | -3.78% | -10.63% | 6.54% |
| Category Average | - | - | - | - | - | 9.03% | 6.89% | 0.56% | -10.54% | 7.62% |
| Quartile Ranking | 4 | 4 | 2 | 3 | 3 | 3 | 4 | 2 | 3 | 3 |
| Category Rank | 36/ 40 | 40/ 52 | 31/ 66 | 52/ 75 | 55/ 82 | 55/ 88 | 76/ 92 | 43/ 96 | 65/ 103 | 59/ 113 |
8.77% (2019)
-10.43% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 42.93 |
| Canadian Corporate Bonds | 39.24 |
| Cash and Equivalents | 5.22 |
| Canadian Equity | 4.59 |
| US Equity | 2.10 |
| Other | 5.92 |
| Name | Percent |
|---|---|
| Fixed Income | 87.31 |
| Cash and Cash Equivalent | 5.21 |
| Financial Services | 2.60 |
| Energy | 1.28 |
| Mutual Fund | 0.75 |
| Other | 2.85 |
| Name | Percent |
|---|---|
| North America | 98.69 |
| Latin America | 0.88 |
| Europe | 0.42 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| CI Corporate Bond Fund Class I | 99.73 |
| Canadian Dollar | 0.21 |
| Us Dollar | 0.05 |
CI Corporate Bond Corporate Class (Class A shares)
Median
Other - Global Corp Fixed Income
| Standard Deviation | 5.80% | 7.67% | 5.88% |
|---|---|---|---|
| Beta | 0.61% | 0.62% | 0.34% |
| Alpha | 0.01% | 0.02% | 0.02% |
| Rsquared | 0.56% | 0.30% | 0.18% |
| Sharpe | -0.30% | 0.07% | 0.27% |
| Sortino | -0.31% | -0.03% | 0.04% |
| Treynor | -0.03% | 0.01% | 0.05% |
| Tax Efficiency | 86.85% | 79.63% | 77.45% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.94% | 5.80% | 7.67% | 5.88% |
| Beta | 0.76% | 0.61% | 0.62% | 0.34% |
| Alpha | 0.04% | 0.01% | 0.02% | 0.02% |
| Rsquared | 0.75% | 0.56% | 0.30% | 0.18% |
| Sharpe | 2.22% | -0.30% | 0.07% | 0.27% |
| Sortino | 10.12% | -0.31% | -0.03% | 0.04% |
| Treynor | 0.11% | -0.03% | 0.01% | 0.05% |
| Tax Efficiency | 99.17% | 86.85% | 79.63% | 77.45% |
| Start Date | July 15, 2003 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $467 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CIG1308 | ||
| CIG14240 | ||
| CIG2308 | ||
| CIG3308 |
The fund’s investment objective is to achieve a yield advantage by using fundamental value analysis to evaluate investments. The fund invests mainly in fixed income securities that are investment grade and below investment grade.
The fund currently achieves its investment objective by investing all of its assets in CI Corporate Bond Fund (the underlying fund) which has the same portfolio adviser and objectives as the fund. All references to the fund below are describing the underlying fund. The portfolio adviser selects securities whose fundamental value it believes is not reflected in their credit ratings and yields.
| Name | Start Date |
|---|---|
| Geof Marshall | 01-01-2006 |
| John Shaw | 01-01-2006 |
| Fund Manager | CI Global Asset Management |
|---|---|
| Advisor | CI Global Asset Management |
| Custodian | RBC Investor Services Trust (Canada) |
| Registrar | CI Global Asset Management |
| Distributor | - |
| Auditor | Ernst & Young LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.56% |
|---|---|
| Management Fee | 1.05% |
| 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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