Signature High Income Fund

Signature High Income Fund

Unique Strategy Focused on Cash Flow-Generating Assets


Eric Bushell
Geof Marshall
John Shaw

An Income Fund, Not a Balanced Fund

Unlike the vast majority of balanced funds that invest in traditional equities and government bonds, this fund targets cash flow-generating assets that provide tangible benefits, particularly for income seekers.

Signature High Income

Real Estate19.7%


High Yield Bond34.4%

Traditional Equities14.6%

Preferred shares9.9%

Typical Balanced Fund2

Traditional Equities60%

Goverment Bonds40%

Source: Signature Global Asset Management, as of June 30, 2018. 2For illustrative purposes only.

The fund’s income-generating assets help provide:

Predictable and growing cash flow

Lower volatility

Protection against rising interest rates and inflation

Portfolio diversification

High Yield – Low Volatility

The Signature team expects to earn about 2–3 times more yield than 10-year Canadian government bonds over the next few years with half the volatility of equity markets. And, when looking at the amount of yield provided to investors per unit of risk, this fund is very compelling relative to other prominent income-oriented asset classes.

Key Reasons to Invest

  • Focused on cash flow-generating assets allowing for a predictable distribution yield of 6%
  • Globally diversified to uncover the most attractive income opportunities
  • Signature’s fundamental specialist model of over 50 investment professionals means you get expert coverage of each asset class

Fund details

Fund Size$7.3 billion

Inception DateJuly 31, 20011

Risk RatingLow-to-Medium

12 Mth Dist. Yield6.8%1

1Class F

Fund Codes

A FE 686
LL 1786
DSC 786
F - 447
0 2 4 6 8 10 12 Standard Deviation Signature High Income Fund - Class F Canadian Bonds Canadian Dividends International Corporate Bonds U.S. Dividends U.S. Investment Grade bonds U.S. High Yield Bonds 4 0 0 2 4 6 8 Distribution Yield(%) Risk-for-Yield 3
Source: Morningstar Direct, as of June 30, 2018. Canadian Bonds – iShares Core Canadian Universe Bond ETF; U.S. Dividends – iShares US Dividend Growers ETF; U.S.Bonds – iShares Core US Aggregate  Bond ETF; U.S. High Yield Bonds – iShares iBoxx $ High Yield Corp Bond ETF; Canadian Dividends – iShares S&P/TSX Composite High Div ETF; International Bonds – PowerShares International Corp Bond ETF. 3Based on trailing 12-month distribution yields. 4Based on 5 years of data.

Diversify your Portfolio and Mitigate Risk

Through exposure to asset classes like real estate and infrastructure across geographies, the fund can act as an excellent complement to your existing positions based on its lower correlation and downside protection relative to broad-based North American indexes.


versus Canadian Equityversus U.S. Equityversus Canadian Bonds0.650.660.47
Source: Morningstar Direct, as of June 30, 2018. Based on 5-year returns. Data for Canadian Equity, U.S. Equity and Canadian Bonds based on the S&P/TSX Composite Index,S&P 500 Index and FTSE TMX Canada Universe Bond Index.
Trailing Returns
1 Year 3 Year 5 Year 10 Year Since Inception Inception Date
Signature High Income Fund – Class A 0.91% 2.11% 4.77% 5.60% 8.46% 1996-12-31
Signature High Income Fund – Class F 1.44% 2.68% 5.35% 6.17% 8.43% 2001-07-31

Source: Morningstar Direct, as of June 30, 2018.

The Signature Advantage

As CI’s largest in-house portfolio management group, and one of the largest in Canada, overseeing in excess of $50 billion, the Signature team benefits from differentiated access to senior executives, industry experts and thought leaders. This allows the team to uncover the high-conviction investment opportunities needed to deliver alpha to investors.
TeamResourcesand ScaleAccessRelationshipsInformationConvictionAlpha
TeamResourcesand ScaleAccessRelationshipsInformationConvictionAlpha
The information contained herein is not to be used or construed as investment advice or as an endorsement or recommendation of any entity or security discussed. The indicated rates of return are the historical annual compound total returns net of fees (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns
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