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Fund Price: $20.67 (as at January 15, 2018)  1-day chg: $.0545 0.26%  YTD: 2.35%

Returns as at December 31, 2017

  Fund Group Avg Index*
1 Month 0.36% -0.25% -0.25%
3 Months 2.88% 2.50% 2.49%
6 Months 3.67% 3.01% 2.95%
1 Year 3.16% 6.04% 5.86%
2 Year Avg 5.37% 5.98% 5.87%
3 Year Avg 2.94% 4.23% 4.14%
4 Year Avg 3.82% 4.88% 4.88%
5 Year Avg 5.39% 6.39% 6.20%
10 Year Avg 2.84% 3.70% 3.47%
15 Year Avg 5.31% 5.15% 5.16%
20 Year Avg 5.33% 4.81% 4.33%
Since Inception 5.14% - -
 
2017 3.16% 6.04% 5.86%
2016 7.64% 6.41% 5.89%
2015 -1.77% 0.76% 0.76%
 
3 year risk 5.21 5.93 4.78
3 year beta 0.91 1.01 1.00

*Globe Tactical Balanced 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 Tactical Balanced Peer Index.

Risk Measures as at December 31, 2017

Best/Worst 12 months (since inception)
Best (ending Feb 10): 28.94 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 09): -25.89 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: 5 High

Fund Objectives

This fund's objective is to obtain long-term total return through a prudent balance of income and capital appreciation. It invests primarily in equity and equity-related securities of mid- to large-capitalization Canadian companies and fixed income securities issued by Canadian governments and companies. The proportion of the fund's assets invested in equity and fixed income securities may vary according to market conditions. Any change to the investment objective must be approved by a majority of votes cast at a meeting of unitholders held for that reason.

Fund Facts

Fund Sponsor: CI Investments Inc.
Managed by: CI Investments Inc.
Fund Type: MF Trust
Inception Date: June 1997
Asset Class: Tactical Balanced
Quartile Rank: 3 (3YR ending December 31, 2017)
Total Assets: $971.8 million
Mgmt Exp. Ratio (MER): 2.43%
Management Fee: 2.00%
Load Type: Optional
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$50
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$50
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation December 31, 2017

Equity Sector Weightings December 31, 2017

Bond Type December 31, 2017

Top Holdings as at December 31, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at January 15, 2018
1 Year Performance (%)
RY-T Royal Bank of Canada Banks Canada Stock -   11.39 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  US Treasury 2.250% 15-Nov-2027 Bond -   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BAC-N Bank of America Banks United States Stock -   35.55 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
LUN-T Lundin Mining Metal Mines Canada Stock -   8.1 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada 0.000% 01-Dec-2021 Bond -   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
FIH.U-T Fairfax India Holdings Corp. Banks Canada Stock -   55.05 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
TD-T TD Bank Banks Canada Stock -   9.69 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
JPM-N JP Morgan Chase & Co. Banks United States Stock -   29.95 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
NPI-T Northland Power Inc. Electrical Utilities Canada Stock -   -4.23 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
SU-T Suncor Energy Integrated Oils Canada Stock -   10.93 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 January 15, 2018)

Frequency of Income Distributions: Annually

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Dec 15, 2017 0.1188 0.5514 0.6702 0.6702 20.058
Dec 16, 2016 0.2972 0.3926 0.6899 0.6899 20.070

Portfolio Manager(s)

Stephen Jenkins

Harbour Advisors

Start Date: June, 1997

Fund Return: 5.14%

Stephen Jenkins joined CI Investments in 1997, accompanying veteran portfolio manager Gerry Coleman to CI to assist in the creation and portfolio management of the Harbour funds. Mr. Jenkins began his career in 1990 as an Investment Analyst with Royal Insurance, where his duties included comprehensive research and analysis of securities as well as stock trading and portfolio management. In March 1996, Mr. Jenkins began working at Mackenzie Financial as a Senior Investment Analyst and Portfolio Manager, with responsibility for investment research, security analysis and the management of client portfolios. He holds the Chartered Financial Analyst designation and an Honours Bachelor of Business Administration degree from Wilfrid Laurier University.

Also manages:Harbour Cl A, Harbour Foreign Equity EARNS

View fund manager performance report

Paul Sandhu, Roger Mortimer

CI Investments Inc.

Start Date: November, 2012

Fund Return: 6.18%

View fund manager performance report