CI Alternative Investment Grade Credit Fund (TSX: CRED)
Canada
· Delayed Price · Currency is CAD 20.05
+0.03 (0.15%)
Oct 25, 2024, 11:53 AM EDT
6.88% (1Y)
| Assets | 369.54M |
| Expense Ratio | 1.68% |
| PE Ratio | n/a |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 3.02% |
| Ex-Dividend Date | n/a |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| 1-Year Return | +6.98% |
| Volume | 300 |
| Open | 20.05 |
| Previous Close | 20.02 |
| Day's Range | 20.05 - 20.05 |
| 52-Week Low | 18.78 |
| 52-Week High | 20.14 |
| Beta | 0.23 |
| Holdings | 10 |
| Inception Date | Jan 23, 2020 |
About CRED
CI Alternative Investment Grade Credit Fund is an exchange traded fund launched and managed by CI Global Asset Management. The fund invests in fixed income markets of global developed region. It invests directly and through derivatives in investment grade debt of corporations and financial institutions with varying maturities. It employs long/short strategy to create its portfolio. It seeks to benchmark the performance of its portfolio against the FTSE Canada Corporate Bond Index. CI Alternative Investment Grade Credit Fund was formed on November 7, 2018 and is domiciled in Canada.
Asset Class Fixed Income
Category Investment Grade
Stock Exchange Toronto Stock Exchange
Ticker Symbol CRED
Provider CI
Performance
CRED had a total return of 9.79% in the past year. Since the fund's inception, the average annual return has been 3.08%, including dividends.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 25, 2024 | 0.050 CAD | Oct 31, 2024 |
| Sep 23, 2024 | 0.050 CAD | Sep 27, 2024 |
| Aug 26, 2024 | 0.050 CAD | Aug 30, 2024 |
| Jul 25, 2024 | 0.050 CAD | Jul 31, 2024 |
| Jun 24, 2024 | 0.050 CAD | Jun 28, 2024 |
| May 23, 2024 | 0.050 CAD | May 31, 2024 |