Inception Return
(9/16/2013)
|
5.27 %
|
|
YTD Return
|
1.96 %
|
|
NAVPS
(9/27/2021)
|
$10.14
|
|
Change
|
($0.02) / -0.21 %
|
|
|
Growth of $10,000
(As of August 31, 2021)
|
|
MER
|
1.80 %
|
|
Assets ($mil)
|
$627.77
|
|
Rank (1Yr)
|
106/109
|
|
Std Dev (3Yr)
|
5.89 %
|
|
Volatility Ranking (3Yr)
|
2/10
|
|
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 August 31, 2021)
|
Sector Allocation
(As of August 31, 2021)
|
Geographic Allocation
(As of August 31, 2021)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Cash and Cash Equivalents | Cash and Equivalents | Cash and Cash Equivalent | United States | 6.99% |
| GRAB 1/21 COV-LITE TLB | Foreign Bonds | Fixed Income | Other | 1.18% |
| ERESEARCH TECHNOLOGY 2/20 TL | Foreign Bonds | Fixed Income | United States | 1.04% |
| Myeyedr 29-Aug-2026 | Foreign Bonds | Fixed Income | United States | 1.01% |
| LANDESK SOFTWARE 12/20 COV-LIT | Foreign Bonds | Fixed Income | United States | 1.00% |
| DATATEL/ELLUCIAN 9/20 COV-LITE | Foreign Bonds | Fixed Income | United States | 0.92% |
| MILANO 10/20 COV-LITE TLB | Foreign Bonds | Fixed Income | United States | 0.91% |
| TRITON WATER 3/21 COV-LITE TLB | Foreign Bonds | Fixed Income | Other European | 0.86% |
| AIR MEDICAL 9/20 TLB | Foreign Bonds | Fixed Income | United States | 0.86% |
| Insurity Inc 31-Jul-2026 | Foreign Bonds | Fixed Income | United States | 0.86% |
Performance Data
(As of August 31, 2021)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
1.48
|
5.24
|
0.81
|
1.96
|
3.03
|
2.58
|
2.72
|
-
|
|
Benchmark
|
1.78
|
5.39
|
2.28
|
2.17
|
5.86
|
5.95
|
5.59
|
9.47
|
|
Quartile Ranking
|
1
|
1
|
4
|
4
|
4
|
2
|
3
|
-
|
|
Calendar Return (%)
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
2012
|
2011
|
|
Fund
|
0.49
|
3.75
|
7.06
|
-3.71
|
3.39
|
17.70
|
9.41
|
-
|
-
|
-
|
|
Benchmark
|
6.14
|
7.98
|
5.36
|
2.96
|
10.80
|
14.93
|
8.91
|
15.20
|
16.66
|
5.18
|
|
Quartile Ranking
|
1
|
4
|
1
|
4
|
4
|
1
|
1
|
-
|
-
|
-
|