Q: As per your answer to Garth on April 15, explaining the return of capital scenario.Would you please tell me how you would rank CIG 447.Thanks Larry
5i Research Answer:
CI's fund breaks down its distribution into 'from income' and 'from capital'. It varies each month but more is typically income and we would give it an OK ranking from a tax perspective, and so-so from performance. Fees are high at 1.59% and since inception return is barely above 7%.