Inception Return
(9/16/2013)
|
4.50 %
|
|
YTD Return
|
-3.61 %
|
|
NAVPS
(6/24/2022)
|
$9.48
|
|
Change
|
($0.06) / -0.64 %
|
|
|
Growth of $10,000
(As of May 31, 2022)
|
|
MER
|
1.80 %
|
|
Assets ($mil)
|
$662.96
|
|
Rank (1Yr)
|
9/89
|
|
Std Dev (3Yr)
|
6.19 %
|
|
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 May 31, 2022)
|
Sector Allocation
(As of May 31, 2022)
|
Geographic Allocation
(As of May 31, 2022)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Cash and Cash Equivalents | Cash and Equivalents | Cash and Cash Equivalent | United States | 4.77% |
| CANADIAN DOLLAR | Cash and Equivalents | Cash and Cash Equivalent | Canada | 1.37% |
| QUIRCH FOODS 10/21 COV-LITE TL | Foreign Bonds | Fixed Income | Other | 1.18% |
| GRAB 1/21 COV-LITE TLB | Foreign Bonds | Fixed Income | Other | 0.91% |
| ATHENAHEALTH 2/22 COV-LITE TLB | Foreign Bonds | Fixed Income | United States | 0.88% |
| LANDESK SOFTWARE 10/21 TLB | Foreign Bonds | Fixed Income | United States | 0.88% |
| Dubois Chemicals Inc 08-Oct-2026 | Foreign Bonds | Fixed Income | United States | 0.87% |
| MILANO 10/20 COV-LITE TLB | Foreign Bonds | Fixed Income | United States | 0.85% |
| RESTAURANT TECHNOLOGIES 4/22 C | Foreign Bonds | Fixed Income | United States | 0.76% |
| BWAY 3/17 TLB | Foreign Bonds | Fixed Income | United States | 0.76% |
Performance Data
(As of May 31, 2022)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
-3.50
|
-3.04
|
-3.84
|
-3.61
|
2.62
|
-0.13
|
0.93
|
-
|
|
Benchmark
|
-1.15
|
-6.50
|
-7.83
|
-8.00
|
-7.18
|
-1.31
|
-0.40
|
-
|
|
Quartile Ranking
|
4
|
4
|
4
|
3
|
1
|
3
|
4
|
-
|
|
Calendar Return (%)
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
2012
|
|
Fund
|
3.14
|
0.49
|
3.75
|
7.06
|
-3.71
|
3.39
|
17.70
|
9.41
|
-
|
-
|
|
Benchmark
|
-0.97
|
5.27
|
1.22
|
2.81
|
6.15
|
4.59
|
11.20
|
1.85
|
18.31
|
-
|
|
Quartile Ranking
|
4
|
1
|
4
|
1
|
4
|
4
|
1
|
1
|
-
|
-
|