CI Floating Rate Income ETF CAD (CFRT.TO)
20.64
0.00 (0.00%)
CAD |
TSX |
May 31, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.59% | -0.05% | 60.15M | -- |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 6.76% | 65.81% | -7.935M | Upgrade |
Basic Info
| Investment Strategy | |
| 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. The portfolio adviser selects securities whose fundamental value it believes is not reflected in their credit ratings and yields. The fund invests in floating rate loans and other debt securities of Canadian and foreign issuers rated below investment grade by a “designated rating organization” as defined under National Instrument 81-102 Investment Funds (“NI 81-102”), including agencies such as Moody’s Investor Services and Standard & Poor’s. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Fixed Income |
| Category Name | Floating Rate Loans |
| Category Index | Morningstar LSTA US LL TR CAD |
| Global Category Name | Canada Fixed Income |
| YCharts Categorization | Canada Bond |
| YCharts Benchmark | Bloomberg Global Aggregate CAD (^BBGATRCAD) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | CI Investments Inc |
| Prospectus Benchmark Index | |
| Morningstar LSTA US LL Index TR CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBGATRCADH | 100.0% |
| Manager Tenure | |
| Darren Arrowsmith | 6.92 yrs |
| Geof Marshall | 6.92 yrs |
Performance Versus Category
As of May 31, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 31, 2024.
Basic Info
| Investment Strategy | |
| 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. The portfolio adviser selects securities whose fundamental value it believes is not reflected in their credit ratings and yields. The fund invests in floating rate loans and other debt securities of Canadian and foreign issuers rated below investment grade by a “designated rating organization” as defined under National Instrument 81-102 Investment Funds (“NI 81-102”), including agencies such as Moody’s Investor Services and Standard & Poor’s. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Fixed Income |
| Category Name | Floating Rate Loans |
| Category Index | Morningstar LSTA US LL TR CAD |
| Global Category Name | Canada Fixed Income |
| YCharts Categorization | Canada Bond |
| YCharts Benchmark | Bloomberg Global Aggregate CAD (^BBGATRCAD) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | CI Investments Inc |
| Prospectus Benchmark Index | |
| Morningstar LSTA US LL Index TR CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBGATRCADH | 100.0% |
| Manager Tenure | |
| Darren Arrowsmith | 6.92 yrs |
| Geof Marshall | 6.92 yrs |