Inception Return
(9/16/2013)
|
7.14 %
|
|
YTD Return
|
5.21 %
|
|
NAVPS
(7/20/2018)
|
$10.95
|
|
Change
|
($0.12) / -1.10 %
|
|
|
Growth of $10,000
(As of June 30, 2018)
|
|
MER
|
1.83 %
|
|
Assets ($mil)
|
$896.08
|
|
Rank (1Yr)
|
28/33
|
|
Std Dev (3Yr)
|
7.89 %
|
|
Volatility Ranking (3Yr)
|
5/10
|
|
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.
|
Management Co.
Ares Capital Management LLC
Managers
CIBC Asset Management Inc. ("CAMI")
|
|
Asset Allocation
(As of June 30, 2018)
|
Sector Allocation
(As of June 30, 2018)
|
Geographic Allocation
(As of June 30, 2018)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| US DOLLAR | Cash and Equivalents | Cash and Cash Equivalent | United States | 4.72% |
| DJO FINANCE 4/15 TL | Foreign Bonds | Fixed Income | United States | 1.04% |
| LIFE TIME FITNESS 1/17 TL | Foreign Bonds | Fixed Income | United States | 1.02% |
| Blue Racer Midstream LLC 6.13% 15-Nov-2022 | Foreign Bonds | Fixed Income | United States | 1.01% |
| Six Flags Entertainment Corp 4.88% 31-Jul-2024 | Foreign Bonds | Fixed Income | United States | 1.00% |
| WIDEOPENWEST 6/17 TLB | Foreign Bonds | Fixed Income | United States | 0.98% |
| RADNET 1/17 TLB | Foreign Bonds | Fixed Income | United States | 0.94% |
| A WIRELESS 4/17 TL | Foreign Bonds | Fixed Income | United States | 0.93% |
| STERIGENICS-NORDION 3/17 TL | Foreign Bonds | Fixed Income | United States | 0.91% |
| Gray Television Inc 5.13% 15-Oct-2024 | Foreign Bonds | Fixed Income | United States | 0.85% |
Performance Data
(As of June 30, 2018)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
1.31
|
2.26
|
5.21
|
5.21
|
3.58
|
4.24
|
-
|
-
|
|
Benchmark
|
1.29
|
0.72
|
3.41
|
3.41
|
3.41
|
7.32
|
9.80
|
10.61
|
|
Quartile Ranking
|
1
|
1
|
1
|
1
|
4
|
3
|
-
|
-
|
|
Calendar Return (%)
|
2017
|
2016
|
2015
|
2014
|
2013
|
2012
|
2011
|
2010
|
2009
|
2008
|
|
Fund
|
-3.71
|
3.39
|
17.70
|
9.41
|
-
|
-
|
-
|
-
|
-
|
-
|
|
Benchmark
|
2.96
|
10.80
|
14.93
|
8.91
|
15.20
|
16.66
|
5.18
|
7.95
|
37.56
|
-9.77
|
|
Quartile Ranking
|
4
|
4
|
1
|
1
|
-
|
-
|
-
|
-
|
-
|
-
|