(As of 6/30/2024)

CI Floating Rate Income Fund Series A

(Floating Rate Loan)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2022
2021
2020



Inception Return
(6/1/2017) 		4.14 %
YTD Return 4.80 %
NAVPS
(7/25/2024) 		$9.68
Change ($0.01) / -0.06 %
Growth of $10,000 (As of June 30, 2024)
MER 1.13 %
Assets ($mil) $60.77
Rank (1Yr) 41/77
Std Dev (3Yr) 7.63 %
Volatility Ranking (3Yr) 1/10
RRSP Eligibility Yes
Load Choice of Front or No Load
Max Front End 5.00 %
Max Back End 5.50 %
Sales Status Open
 
Objective
The fund’s objective is to generate income by investing in floating rate debt instruments of issuers located anywhere in the world. The fund also purchases fixed-income debt instruments and money market securities of domestic and foreign issuers. Any change to the fundamental investment objective must be approved by a majority of votes cast at a meeting of unitholders held for that reason.
Fund Manager

CI Investments Inc

Portfolio Manager

Geof Marshall, CI Investments Inc

Darren Arrowsmith, CI Investments Inc

Sub-Advisor
Data not available
 
Asset Allocation
(As of June 30, 2024)
Sector Allocation
(As of June 30, 2024)
Geographic Allocation
(As of June 30, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
US DOLLARCash and EquivalentsCash and Cash EquivalentUnited States5.21%
AIR CANADA 3/24TLB 0.00% 17-Mar-2031Foreign BondsFixed IncomeUnited States2.82%
Genworth Financial Inc 7.59% 15-Nov-2066Foreign BondsFixed IncomeUnited States2.72%
Everest Reinsurance Hldgs Inc 7.97% 26-Jul-2024Cash and EquivalentsCash and Cash EquivalentUnited States2.65%
CASTLELAKE AVIAT 9/21 TLB 0.00% 22-Oct-2026Foreign BondsFixed IncomeUnited States2.55%
Charter Communications Inc 24-Jan-2027Foreign BondsFixed IncomeUnited States2.47%
BLACKSTONE CQP 6/24 TL 0.00% 31-Dec-2030Foreign BondsFixed IncomeUnited States2.40%
AAdvantage Loyalty IP Ltd 0.00% 15-Mar-2028Foreign BondsFixed IncomeUnited States2.26%
USB REALTY CORP 144A 6.73% 31-Dec-2049Foreign BondsFixed IncomeUnited States2.23%
AVOLON 6/23 B6 COV-LITE TLB 0.00% 22-Jun-2028Foreign BondsFixed IncomeUnited States2.20%

Performance Data (As of June 30, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.39 1.63 4.80 4.80 9.57 4.93 4.87 -   
Benchmark -0.30 2.13 5.33 5.33 13.25 6.25 4.73 4.59
Quartile Ranking 3 3 2 2 3 2 2 -

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 8.92 -0.53 6.83 1.50 7.27 0.34 -      -      -      -     
Benchmark 14.42 -0.86 -0.97 5.27 1.22 2.81 6.15 4.59 11.20 1.85
Quartile Ranking 4 2 1 1 1 3 - - - -

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