Inception Return
(9/16/2013)
|
6.54 %
|
|
YTD Return
|
2.52 %
|
|
NAVPS
(3/27/2020)
|
$9.98
|
|
Change
|
$0.01 / 0.10 %
|
|
|
Growth of $10,000
(As of February 29, 2020)
|
|
MER
|
1.80 %
|
|
Assets ($mil)
|
$727.68
|
|
Rank (1Yr)
|
2/65
|
|
Std Dev (3Yr)
|
6.11 %
|
|
Volatility Ranking (3Yr)
|
4/10
|
|
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.
CIBC Asset Management Inc.
Managers
CIBC Asset Management Inc., Ares Capital Management LLC
|
|
Asset Allocation
(As of February 29, 2020)
|
Sector Allocation
(As of February 29, 2020)
|
Geographic Allocation
(As of February 29, 2020)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Cash and Cash Equivalents | Cash and Equivalents | Cash and Cash Equivalent | United States | 2.93% |
| Mister Car Wash Holdings Inc 14-May-2026 | Foreign Bonds | Fixed Income | United States | 1.11% |
| APPLIED SYSTEMS 9/17 COV-LITE | Foreign Bonds | Fixed Income | United States | 1.07% |
| ERESEARCH TECHNOLOGY 11/19 TL | Foreign Bonds | Fixed Income | United States | 1.06% |
| FOREST CITY 11/19 TLB | Foreign Bonds | Fixed Income | United States | 1.05% |
| Cambrex Corp 04-Dec-2026 | Foreign Bonds | Fixed Income | United States | 1.03% |
| Sotera Health Holdings 13-Dec-2026 | Foreign Bonds | Fixed Income | United States | 1.03% |
| SPRINT COMMUNICATIONS 11/18 TL | Foreign Bonds | Fixed Income | United States | 1.02% |
| Cast & Crew Payroll LLC 07-Feb-2026 | Foreign Bonds | Fixed Income | United States | 0.92% |
| BLACKHAWK NETWORK 6/18 | Foreign Bonds | Fixed Income | United States | 0.90% |
Performance Data
(As of February 29, 2020)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
0.22
|
1.61
|
2.61
|
2.52
|
5.91
|
3.25
|
4.09
|
-
|
|
Benchmark
|
-0.14
|
3.05
|
3.25
|
1.98
|
8.01
|
5.48
|
6.82
|
9.50
|
|
Quartile Ranking
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
-
|
|
Calendar Return (%)
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
2012
|
2011
|
2010
|
|
Fund
|
3.75
|
7.06
|
-3.71
|
3.39
|
17.70
|
9.41
|
-
|
-
|
-
|
-
|
|
Benchmark
|
7.98
|
5.36
|
2.96
|
10.80
|
14.93
|
8.91
|
15.20
|
16.66
|
5.18
|
7.95
|
|
Quartile Ranking
|
4
|
1
|
4
|
4
|
1
|
1
|
-
|
-
|
-
|
-
|