The fund seeks to generate consistent positive total returns with an emphasis on capital preservation and low correlation to traditional equity and fixed income markets. The fund will be primarily invested in the investment grade debt of corporations and financial institutions in the developed world.
Investor suitability
For those who:
| 1m | 3m | 6m | YTD | 1y | SI | |
|---|---|---|---|---|---|---|
| CRED | 0.27% | 0.67% | 2.55% | 1.48% | 12.27% | 4.40% |
| As at: 31 May 2021 | ||||||
The indicated rates of return are the historical annual compounded total returns, including changes in unit value and do not take into account sales, redemption or optional charges or income taxes payable by a security holder that would have reduced returns. CI Lawrence Park Alternative Investment Grade Credit ETF merged into CI Lawrence Park Alternative Investment Grade Credit Fund effective Jan 15, 2021. The performance shown includes the historical performance information since inception of the corresponding series of CI Lawrence Park Alternative Investment Grade Credit ETF. Had this historical performance information not been included, the performance of the ETF series of CI Lawrence Park Alternative Investment Grade Credit Fund could have been different. Please refer to the disclosure documents of the CI Lawrence Park Alternative Investment Grade Credit Fund for more information.
Number of securities: 227
| Security Type | % |
|---|---|
| Corporate Bond | 73.73% |
| Foreign Bond | 21.55% |
| Government Bond | 2.35% |
| Mortgage Related | 0.82% |
| Common Stock | 0.73% |
| Preferred Stock | 0.49% |
| Currency Security | 0.28% |
| Future | 0.02% |
| Name | Security Type | ISIN | Ticker | % |
|---|---|---|---|---|
| ALTAGAS LTD - 2.61% (16/12/2022) | Corporate Bond | CA02138ZAS26 | ALACN | 4.88 |
| CANADIAN NATURAL RESOURCES LTD - 1.45% (16/11/2023) | Corporate Bond | CA13638ZDW29 | CNQCN | 3.84 |
| MORGAN STANLEY - 0.77% (21/03/2025) | Foreign Bond | CA6174468Z54 | MS | 3.67 |
| INTER PIPELINE LTD - 2.61% (13/09/2023) | Corporate Bond | CA45834ZAN92 | IPLCN | 3.22 |
| BELL CANADA - 2.70% (27/02/2024) | Corporate Bond | CA07813ZBW38 | BCECN | 3.11 |
| CAPITAL POWER CORP - 4.99% (23/01/2026) | Corporate Bond | CA14046ZAL37 | CPXCN | 3.07 |
| GENERAL MOTORS FINL OF CDA LTD - 3.25% (07/11/2023) | Corporate Bond | CA37045YAE47 | GM | 3.00 |
| HSBC HOLDINGS PLC - 3.20% (05/12/2023) | Foreign Bond | CA404280BE83 | HSBC | 2.93 |
| EQUITABLE BANK - 2.95% (26/09/2022) | Corporate Bond | CA29446NAE00 | EQBCN | 2.82 |
| CAPITAL POWER CORP - 4.28% (18/09/2024) | Corporate Bond | CA14046ZAC38 | CPXCN | 2.81 |
As at: 31 May 2021 | 33.35% | |||
Twelve month trailing distribution yield : 2.95% (as at 18 Jun 2021)
| CRED | Total | Cash | Reinvested | Eligible dividends | Non eligible dividends | Other income | Capital Gains | Return of capital | Foreign Income | Foreign tax paid |
|---|---|---|---|---|---|---|---|---|---|---|
| SI | $0.95629 | $0.85000 | $0.10629 | - | - | $0.10692 | $0.31493 | $0.05577 | $0.07238 | - |
| 2021 + | $0.40629 | $0.30000 | $0.10629 | - | - | - | - | - | - | - |
| 24-Jun | $0.05000 | $0.05000 | - | - | - | - | - | - | - | - |
| 21-May | $0.05000 | $0.05000 | - | - | - | - | - | - | - | - |
| 26-Apr | $0.05000 | $0.05000 | - | - | - | - | - | - | - | - |
| 25-Mar | $0.05000 | $0.05000 | - | - | - | - | - | - | - | - |
| 22-Feb | $0.05000 | $0.05000 | - | - | - | - | - | - | - | - |
| 25-Jan | $0.05000 | $0.05000 | - | - | - | - | - | - | - | - |
| 15-Jan | $0.10629 | - | $0.10629 | - | - | - | - | - | - | - |
| 2020 + | $0.55000 | $0.55000 | - | - | - | $0.10692 | $0.31493 | $0.05577 | $0.07238 | - |
| 23-Dec | $0.05000 | $0.05000 | - | - | - | $0.00972 | $0.02863 | $0.00507 | $0.00658 | - |
| 24-Nov | $0.05000 | $0.05000 | - | - | - | $0.00972 | $0.02863 | $0.00507 | $0.00658 | - |
| 26-Oct | $0.05000 | $0.05000 | - | - | - | $0.00972 | $0.02863 | $0.00507 | $0.00658 | - |
| 24-Sep | $0.05000 | $0.05000 | - | - | - | $0.00972 | $0.02863 | $0.00507 | $0.00658 | - |
| 25-Aug | $0.05000 | $0.05000 | - | - | - | $0.00972 | $0.02863 | $0.00507 | $0.00658 | - |
| 27-Jul | $0.05000 | $0.05000 | - | - | - | $0.00972 | $0.02863 | $0.00507 | $0.00658 | - |
| 24-Jun | $0.05000 | $0.05000 | - | - | - | $0.00972 | $0.02863 | $0.00507 | $0.00658 | - |
| 25-May | $0.05000 | $0.05000 | - | - | - | $0.00972 | $0.02863 | $0.00507 | $0.00658 | - |
| 24-Apr | $0.05000 | $0.05000 | - | - | - | $0.00972 | $0.02863 | $0.00507 | $0.00658 | - |
| 25-Mar | $0.05000 | $0.05000 | - | - | - | $0.00972 | $0.02863 | $0.00507 | $0.00658 | - |
| 24-Feb | $0.05000 | $0.05000 | - | - | - | $0.00972 | $0.02863 | $0.00507 | $0.00658 | - |
(1) Future distribution dates may be amended at any time. (2) Reinvested distributions are not paid in cash but instead remain invested in the Fund. To recognize that these distributions have been allocated to investors for tax purposes the amounts of these distributions should be added to the adjusted cost base of the units held. (3) The characterization of distributions for tax purposes (such as dividends/other income/capital gains etc.) will not be known for certain until after the Fund's tax year end. Therefore investors will be informed of the characterization of the amounts distributed for tax purposes only for the entire year and not with each distribution. For tax purposes these amounts will be reported by brokers on official tax statements.
31 Dec, 2020 - Annual Financial Statements
31 Mar, 2021 - Summary of Investment Portfolio
22 Oct, 2020 - Annual Information Form
National Instrument 81-106 Investment Fund Continuous Disclosure requires disclosure of the proxy voting record on an annual basis for the period ending on June 30 of each year. The proxy voting record must be posted on the website no later than August 31 of each year.
Canadian securities law provides that the manager of an investment funds (in this case, CI Investments Inc. ("CI")), acting on behalf of the investment fund, has the right and obligation to vote proxies relating to the investment fund's portfolio securities. As a practical matter, CI delegates this function to the applicable portfolio manager or sub-adviser, as part of the portfolio manager's or sub-adviser's general management of the investment fund assets, subject to oversight by CI. CI generally requires that applicable portfolio managers or sub-advisers vote all proxies in the best interest of CI's funds and their securityholders, as determined solely by the portfolio manager or sub-adviser, and subject to CI's proxy voting policy, the guidelines applicable to the individual portfolio manager or sub-adviser, and applicable legislation. Portfolio managers and sub-advisers are generally expected to vote on any matter for which the investment fund receives proxy materials for a meeting of securityholders of an issuer.
Proxy voting record for the most recent year:
30 Jun, 2020 - Proxy Voting Record
Warning: Documents posted on this website (including, without limitation, prospectuses) are current only as of the date on them
To access the SEDAR filings of CI Lawrence Park Alternative Investment Grade Credit Fund please click here