Inception Return
(9/16/2013)
|
6.44 %
|
|
YTD Return
|
-1.18 %
|
|
NAVPS
(2/14/2019)
|
$10.87
|
|
Change
|
$0.04 / 0.38 %
|
|
|
Growth of $10,000
(As of January 31, 2019)
|
|
MER
|
1.80 %
|
|
Assets ($mil)
|
$828.95
|
|
Rank (1Yr)
|
4/37
|
|
Std Dev (3Yr)
|
7.32 %
|
|
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 January 31, 2019)
|
Sector Allocation
(As of January 31, 2019)
|
Geographic Allocation
(As of January 31, 2019)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| US DOLLAR | Cash and Equivalents | Cash and Cash Equivalent | United States | 4.20% |
| STERIGENICS-NORDION 3/17 TL | Foreign Bonds | Fixed Income | United States | 0.96% |
| RADNET 1/17 TLB | Foreign Bonds | Fixed Income | United States | 0.95% |
| EQUINOX FITNESS CLUBS 11/17 | Foreign Bonds | Fixed Income | United States | 0.86% |
| WIDEOPENWEST 6/17 TLB | Foreign Bonds | Fixed Income | United States | 0.86% |
| PAYSAFE 12/17 (USD) TL | Foreign Bonds | Fixed Income | Other | 0.85% |
| Uber Technologies Inc 23-Mar-2025 | Foreign Bonds | Fixed Income | United States | 0.84% |
| Nielsen Co Luxembourg SARL 5.00% 01-Feb-2025 | Foreign Bonds | Fixed Income | United States | 0.83% |
| FOREST CITY 10/18 COV-LITE TLB | Foreign Bonds | Fixed Income | United States | 0.82% |
| AIR MEDICAL 2/18 COV-LITE TLB | Foreign Bonds | Fixed Income | United States | 0.80% |
Performance Data
(As of January 31, 2019)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
-1.18
|
-0.62
|
1.08
|
-1.18
|
7.29
|
1.51
|
5.25
|
-
|
|
Benchmark
|
0.12
|
1.93
|
1.65
|
0.12
|
6.24
|
6.50
|
7.47
|
11.62
|
|
Quartile Ranking
|
4
|
1
|
1
|
4
|
1
|
4
|
2
|
-
|
|
Calendar Return (%)
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
2012
|
2011
|
2010
|
2009
|
|
Fund
|
7.06
|
-3.71
|
3.39
|
17.70
|
9.41
|
-
|
-
|
-
|
-
|
-
|
|
Benchmark
|
5.36
|
2.96
|
10.80
|
14.93
|
8.91
|
15.20
|
16.66
|
5.18
|
7.95
|
37.56
|
|
Quartile Ranking
|
1
|
4
|
4
|
1
|
1
|
-
|
-
|
-
|
-
|
-
|