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Fund Price: $12.74 (as at November 16, 2017)  1-day chg: $-.0066 -0.05%  YTD: 0.70%

Returns as at October 31, 2017

  Fund Group Avg Index*
1 Month 0.39% 4.11% 5.48%
3 Months 0.36% 6.38% 7.99%
6 Months -0.11% 4.15% 2.86%
1 Year 0.60% 16.85% 18.91%
2 Year Avg 1.01% 9.49% 12.83%
3 Year Avg 1.54% 10.55% 15.83%
4 Year Avg 1.89% 12.79% 18.48%
5 Year Avg 1.88% 16.32% 21.19%
10 Year Avg - 6.65% 10.85%
15 Year Avg - 5.85% 8.19%
20 Year Avg - 4.30% -
Since Inception 2.79% - -
 
2016 0.94% 6.29% 8.09%
2015 2.36% 10.39% 21.59%
2014 3.44% 16.68% 23.93%
 
3 year risk 1.07 11.79 11.03
3 year beta 0.05 0.85 1.00

*S&P 500 TR CAD

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the S&P 500 TR CAD.

Risk Measures as at October 31, 2017

Best/Worst 12 months (since inception)
Best (ending Dec 11): 5.79 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Sep 17): 0.21 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: 1 High

Fund Objectives

The primary investment objective of the Short Term Income Corporate Class is to earn a high level of current income while preserving invested capital and liquidity, primarily through investments in high quality fixed income securities with short term (under five years) maturities. Such investments may include liquid securities of or guaranteed by the Government of Canada or any province thereof, obligations of and deposits in interest-bearing accounts in any chartered bank or trust company, government or corporate bonds and debentures, mortgages or other fixed income investments and preferred stock. Any change to the investment objectives must be approved by a majority of the votes cast by shareholders at a meeting called to consider the change.

Fund Facts

Fund Sponsor: United Financial Corporation
Managed by: CI Investments Inc.
Fund Type: MF Corp
Inception Date: August 2008
Asset Class: U.S. Equity
Quartile Rank: 4 (3YR ending October 31, 2017)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 0.01%
Management Fee: 0.00%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$250,000
Subsequent:
$50
Min. Invest (initial RRSP):
$250,000
Subsequent RRSP:
$50
Closed:
No
Restricted:
Yes
Restriction:
(Min Initial Investment $250,000)
 
 

Asset Allocation September 30, 2017

Equity Sector Weightings September 30, 2017

Fund Geography September 30, 2017

Top Holdings as at September 30, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at November 16, 2017
1 Year Performance (%)
  Province of Quebec, 4.50%, DEC/01/17 Bond 62.54   -3.04 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Quebec Province 4.500% 01-Dec-2019 Bond 19.8   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 0.50%, NOV/01/18 Bond 8.51   -0.96 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Quebec Province 4.250% 01-Dec-2021 Bond 6.25   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  City of Montreal, 5.00%, DEC/01/18 Bond 4.58   -2.9 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 2.10%, SEP/08/18 Bond 4.19   -0.58 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  CIBC, 3.00%, OCT/28/24 Bond 2.93   -2.56 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 0.25%, MAY/01/18 Bond 2.93   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ontario Province 2.850% 02-Jun-2023 Bond 2.5   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

John Shaw, Jon Chew

CI Investments Inc.

Start Date: February, 2014

Fund Return: -0.38%

Also manages:CI Money Market, CI Money Market Cl Z, CI Short-Term Corporate Class, CI Short-Term U$ Corp Class (US$), CI Signature Short-Term Bond, CI US Money Market (US$), Cash Management Pool W units, United Short-Term Inc Pool W

View fund manager performance report