All-weather, core credit solution
Signature Corporate Bond Fund is a flexible, tactically managed solution designed to protect capital, generate excess returns, and enhance yield through different market environments. The fund utilizes diversified alpha streams and a focus on managing risk that aims to produce attractive risk-adjusted returns. This all-weather portfolio combines bottom-up, fundamental credit analysis with Signature Global Asset Management's global macro-economic view, delivering a proven track record of outperformance through all parts of the business cycle.
Features and Key Benefits
Flexibility to tactically shift 25% - 75% of fund assets between investment-grade corporate bonds and high-yield corporate bonds, depending on market environment
Focus on crossover bonds1 leads to better risk-adjusted returns
Strong asset allocation and security selection has led to better risk-adjusted performance compared to passive index-like solutions
Tactical Asset Allocation between Corporate Bonds
Source: Signature Global Asset Management, June 30, 2008 to June 30, 2020.
1Crossover bonds are corporate bonds that are rated near the dividing line between investment grade and high yield, usually defined as BBB and BB rated. Corporate bonds with these ratings have historically earned the best risk-adjusted returns.
|Portfolio Performance %||1 Year||3 Year||5 Year||10 Year||Since Inception
(July 15, 2003)
|Signature Corporate Bond Fund Class F||0.4%||2.6%||3.7%||5.4%||5.3%|
Source: CI Investments, as at June 30, 2020.
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The star ratings and number of High Yield Fixed Income category funds are as follows: overall – 4 stars; 3 years – 3 stars, 421 funds; 5 years – 4 stars, 281 funds; 10 years – 4 stars, 76 funds.
Signature Global Asset Management is a division of CI Investments Inc. Certain funds associated with Signature Global Asset Management are sub-advised by CI Global Investments Inc., a firm registered with the U.S. Securities and Exchange Commission and an affiliate of CI Investments Inc.
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Published: August 5, 2020.