Inception Return
(9/16/2013)
|
5.32 %
|
|
YTD Return
|
3.48 %
|
|
NAVPS
(3/24/2023)
|
$10.13
|
|
Change
|
$0.00 / -0.03 %
|
|
|
Growth of $10,000
(As of February 28, 2023)
|
|
MER
|
1.52 %
|
|
Assets ($mil)
|
$1,330.61
|
|
Rank (1Yr)
|
10/87
|
|
Std Dev (3Yr)
|
6.19 %
|
|
Volatility Ranking (3Yr)
|
1/10
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
Choice of Front or Back
|
|
Max Front End
|
5.00 %
|
|
Max Back End
|
5.50 %
|
|
Sales Status
|
Open
|
|
|
Objective
To generate a high level of current income, primarily through investment in senior floating rate loans and other floating rate debt instruments as well as lower-rated debt securities, of issuers located anywhere in the world.
|
Fund Manager
CIBC Asset Management Inc.
Portfolio Manager
CIBC Asset Management Inc.
Sub-Advisor
Ares Capital Management II LLC
|
|
Asset Allocation
(As of February 28, 2023)
|
Sector Allocation
(As of February 28, 2023)
|
Geographic Allocation
(As of February 28, 2023)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Cash and Cash Equivalents | Cash and Equivalents | Cash and Cash Equivalent | United States | 9.23% |
| IMG Worldwide Inc 18-May-2025 | Foreign Bonds | Fixed Income | United States | 0.82% |
| BELRON 4/21 (USD) TLB | Foreign Bonds | Fixed Income | United States | 0.75% |
| WESTINGHOUSE/BROOKFIELD WEC 1/ | Foreign Bonds | Fixed Income | United States | 0.74% |
| NETSMART 10/20 COV-LITE TLB | Foreign Bonds | Fixed Income | United States | 0.67% |
| OPEN TEXT 11/22 TLB | Foreign Bonds | Fixed Income | United States | 0.67% |
| U.S.I 11/22 INCREM TL | Foreign Bonds | Fixed Income | United States | 0.67% |
| FORMULA ONE 11/22 TLB 19.73% 15-Nov-2030 | Foreign Bonds | Fixed Income | European Union | 0.62% |
| ULTRA ELECTRONICS 11/21 (USD) | Foreign Bonds | Fixed Income | Other | 0.61% |
| IRB Holding Corp 7.00% 15-Jun-2025 | Foreign Bonds | Fixed Income | United States | 0.61% |
Performance Data
(As of February 28, 2023)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
2.80
|
4.42
|
6.94
|
3.48
|
7.90
|
2.74
|
3.78
|
-
|
|
Benchmark
|
1.20
|
7.85
|
16.40
|
3.93
|
4.72
|
2.30
|
1.52
|
4.82
|
|
Quartile Ranking
|
1
|
1
|
1
|
2
|
1
|
2
|
1
|
-
|
|
Calendar Return (%)
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
|
Fund
|
3.66
|
3.14
|
0.49
|
3.75
|
7.06
|
-3.71
|
3.39
|
17.70
|
9.41
|
-
|
|
Benchmark
|
-0.86
|
-0.97
|
5.27
|
1.22
|
2.81
|
6.15
|
4.59
|
11.20
|
1.85
|
18.31
|
|
Quartile Ranking
|
1
|
4
|
2
|
4
|
1
|
4
|
4
|
1
|
1
|
-
|