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Fund Price: $7.91 (as at July 24, 2014)  1-day chg: $.0074 0.09%  YTD: 5.06%

Returns as at June 30, 2014

  Fund Group Avg Index*
1 Month 0.83% 0.54% 0.54%
3 Months 2.25% 1.87% 1.85%
6 Months 5.40% 4.50% 4.45%
1 Year 10.74% 8.19% 8.21%
2 Year Avg 9.07% 6.77% 6.95%
3 Year Avg 7.42% 5.78% 5.94%
4 Year Avg 7.53% 7.08% 6.70%
5 Year Avg 9.78% 8.46% 8.45%
10 Year Avg 5.25% 5.14% 4.97%
15 Year Avg 5.16% 4.92% 4.80%
20 Year Avg - 6.46% 5.38%
Since Inception 6.01% - -
 
2013 7.40% 3.16% 3.45%
2012 10.60% 10.78% 11.05%
2011 1.46% 3.05% 2.12%
 
3 year risk 4.28 5.24 4.33
3 year beta 0.89 0.97 1.00

*Globe High Yield Fixed Income Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe High Yield Fixed Income Peer Index.

Risk Measures as at June 30, 2014

Best/Worst 12 months (since inception)
Best (ending Jan 10): 36.84 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Jan 09): -22.82 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 4 High

Fund Objectives

The fund aims to generate a high level of current income, primarily through investment in high-yield corporate bonds from issuers around the world and, where consistent with this objective, the Fund will also seek capital appreciation.

Fund Facts

Fund Sponsor: CIBC Asset Management
Managed by: CIBC Asset Management Inc
Fund Type: MF Trust
Inception Date: September 1994
Asset Class: High Yield Fixed Income
Quartile Rank: 1 (3YR ending June 30, 2014)
Total Assets: $199.7 million
Mgmt Exp. Ratio (MER): 1.94%
Management Fee: 1.50%
Load Type: Optional
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$100
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$100
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation March 31, 2014

Bond Type March 31, 2014

Bond Term March 31, 2014

Top Holdings as at March 31, 2014

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at July 24, 2014
1 Year Performance (%)
  HCA Inc., 5.88%, MAY/01/23 Bond 2.44   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Chrysler Group, 8.25%, JUN/15/21 Bond 2.24   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Reynolds Group Issuer, 9.00%, APR/15/19 Bond 1.96   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Dish DBS, 6.75%, JUN/01/21 Bond 1.81   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Quebecor Media, 6.63%, JAN/15/23 Bond 1.76   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Iron Mountain, 5.75%, AUG/15/24 Bond 1.68   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ally Financial Inc., 8.00%, DEC/31/18 Bond 1.57   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Windstream Holdings, 6.38%, AUG/01/23 Bond 1.57   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  CenturyLink, Inc., 5.63%, APR/01/20 Bond 1.5   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  General Cable Corp., 6.50%, OCT/01/22 Bond 1.37   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to July 24, 2014)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jun 30, 2014 0.0264 0.0264 0.3622 7.935
May 30, 2014 0.0298 0.0298 0.3670 7.895
Apr 30, 2014 0.0299 0.0299 0.3725 7.856
Mar 31, 2014 0.0314 0.0314 0.3776 7.845
Feb 28, 2014 0.0279 0.0279 0.3788 7.871
Jan 31, 2014 0.0516 0.0516 0.3833 7.731
Nov 29, 2013 0.0312 0.0312 0.4027 7.703
Oct 31, 2013 0.0377 0.0377 0.4073 7.706
Sep 30, 2013 0.0288 0.0288 0.4113 7.548
Aug 30, 2013 0.0340 0.0340 0.4155 7.505
Jul 31, 2013 0.0335 0.0335 0.4204 7.610
Jun 28, 2013 0.0312 0.0312 0.4262 7.508
May 31, 2013 0.0353 0.0353 0.4352 7.750
Apr 30, 2013 0.0351 0.0351 0.4521 7.813
Mar 28, 2013 0.0326 0.0326 0.4555 7.732
Feb 28, 2013 0.0325 0.0325 0.4701 7.704
Jan 31, 2013 0.0520 0.0520 0.4789 7.616

Portfolio Manager(s)

Nicholas Leach

CIBC Asset Management Inc

Start Date: January, 2013

Fund Return: 8.61%

Also manages:Renaissance High Yield Bond Class F

View fund manager performance report