Download CI Investment Grade Bond Fund

CI Investment Grade Bond Fund
As at June 30, 2017 | Class A |
Fund Codes
Investment Objective
Mutual Fund
$C
$US
Corporate Class
$C
$US
FEL
2185
-
-
-
DSC
3185
-
-
-
LL
1185
-
-
-
Class F
4185
-
-
-
Class E
16185
-
-
-
Class O
18185
-
-
-
The fund seeks to generate income and capital appreciation by investing primarily in a diversified
portfolio of corporate bonds rated BBB- and above by a recognized bond rating agency, issued
anywhere in the world.
Portfolio Performance
Growth of $10,000 (Class A)
$11,239
Fund Details
Asset Class Global Fixed Income
Currency CAD
AUM($M)* 25.90
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
-
-
-
-
-
-
-
-
4.3
4.7
YTD Calendar Returns (%)
3.0
Fund
NAV($) 10.59
Inception December 2014
Minimums($) 500 - 50
MER(%) 1.68
Risk Tolerance Low to medium
Distribution Monthly
Frequency
Distributions($) 0.0200 (Jun 23 2017)
($/unit)
June 2016
July 2016
August 2016
September 2016
October 2016
November 2016
December 2016
January 2017
February 2017
March 2017
April 2017
May 2017
June 2017
Portfolio Management Team
Chief
Investment
Officer
Paul Sandhu
Fund
Manager(s)
0.020
0.020
0.020
0.020
0.020
0.055
0.020
0.020
0.020
0.020
0.020
0.020
1Mth
3Mth
6Mth
1Yr
3Yr
5Yr
10Yr
Inception
-0.8
0.9
3.0
2.7
-
-
-
4.8
Compound Returns (%)
Fund
Portfolio Allocations (as of June 30, 2017)
Asset class
Canadian Corporate Bonds
Foreign Corporate Bonds
Cash and Equivalents
Foreign Government Bonds
Canadian Government Bonds
Other
(%)
44.2
31.7
9.9
7.2
7.1
-0.1
Sector
Fixed Income
Cash and Cash Equivalent
Other
(%)
90.2
9.9
-0.1
Geographic
Canada
United States
Germany
Netherlands
United Kingdom
(%)
59.8
38.8
0.6
0.4
0.4
CI Investment Grade Bond Fund
As at June 30, 2017 | Class A |
Top Holdings (as of June 30, 2017)
Sector
(%)
Royal Bank of Canada BA 05-Jul-2017
Cash and Cash Equivalent
2.82
Canada Government 0.75% 01-May-2019
Fixed Income
2.81
United States Treasury 2.38% 15-May-2027
Fixed Income
2.71
Darden Restaurants Inc 3.85% 01-May-2027
Fixed Income
2.07
HSBC Bank Canada 2.17% 29-Jun-2022
Fixed Income
1.87
Broadcom Corp 3.88% 15-Jan-2027
Fixed Income
1.67
Brookfield Infra Finance ULC 3.32% 22-Feb-2024
Fixed Income
1.57
Goldman Sachs Group Inc 3.85% 26-Jan-2027
Fixed Income
1.55
H&R REIT 3.37% 30-Jan-2024
Fixed Income
1.55
Canada Government 0.50% 01-Mar-2022
Fixed Income
1.51
Bell Canada 2.70% 27-Feb-2024
Fixed Income
1.25
Toronto-Dominion Bank 1.99% 23-Mar-2022
Fixed Income
1.25
ING Groep NV 3.15% 29-Mar-2022
Fixed Income
1.24
Sherwin-Williams Co 2.75% 01-Jun-2022
Fixed Income
1.22
Bank of Nova Scotia/The 2.29% 28-Jun-2024
Fixed Income
1.20
Portfolio Management Team Profile
Paul Sandhu
Marret Asset Management is an alternative asset
manager specializing in global and Canadian fixed
income. Toronto-based Marret is led by Barry Allan,
who has over 30 years of investment experience and
has successfully managed portfolios across the
income spectrum.
About CI Investments
#)Ï)NVESTMENTSÏ)NCÏISÏAÏLEADINGÏ#ANADIANÓOWNEDÏ
investment management company. Our philosophy
is based on choice giving you the power to choose
the investments that meet your individual needs.
We offer an extraordinary selection of funds and
leading portfolio management teams whose
investment expertise is among the best in the
world. We market our funds through a network of
more than 40,000 financial advisors because we
think you are most successful when you follow a
sound financial plan developed with the assistance
of a qualified advisor. CI is a subsidiary of CI
Financial Corp., which is listed on the Toronto Stock
Exchange under the symbol CIX.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the
prospectus before investing. The indicated rates of return are the historical annual compounded total including changes in unit value and
reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any
securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be
repeated. Please refer to the Legal section of www.ci.com for additional information.*Assets under management are as at the end of the most
recent quarter ending March 31, June 30, September 30 or December 31.