A floating rate income fund invests in financial securities like term loans, floating short-duration corporate bonds and preferred shares that pay a floating – or variable - coupon. Some floating rate funds own investments that are high-yield rated and have a short duration profile, providing a higher level of income that makes them less sensitive to changes in interest rates.
The CI Floating Rate Income Fund provides a dual-class structure allowing you to choose your preferred method – mutual fund or ETF – of incorporating an active floating rate strategy to enhance your portfolio and protect against rising inflation and yields.
An introduction to floating rate securities and how they can help offset the cost of interest rates.
CI Global Asset Management’s strength comes from our unique lineup of portfolio managers and the variety of expertise and experience that they provide.