CI Global Unconstrained Bond Fund

Series A CAD
 

Fund overview

The fund's objective is to generate income and the potential for long-term capital appreciation by investing primarily in a diversified portfolio of fixed-income securities of any credit quality, issued by companies or governments of any size, located anywhere in the world.

Fund details

description of elementelement value
Inception date October 2018
CAD Total net assets ($CAD)
As at 2026-10-30
$925.3 million
NAVPS
As at 2026-11-11
$9.7356
MER (%)
As at 2026-03-31
1.37
Management fee (%) 1.05
Units outstanding
As at
-
Asset class Global Fixed Income
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0381
Average Credit Rating BBB

Risk rating1

  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High

FUND CODES

A ISC 2062
DSC SO* 3116
LL SO 3016
F 4062
I 5062
P 90143
*No new purchases directly into switch only funds.

Performance2 As at 2026-10-31

Growth of $10,000 (Since inception date)

growth of 10k graph

Calendar year performance

annual performance graph

average annual compound returns

YTD 1 Mo 3 Mo 6 Mo 1 Y 3 Y 5 Y 10 Y Inception*
-1.53% -2.08% -3.37% -1.27% -1.26% 4.68% 1.92% - 3.00%
*Since inception date

Distribution history3

Payable date Total
2026-10-23 0.0381
2026-09-25 0.0363
2026-08-28 0.0303
2026-07-24 0.0351
2026-06-26 0.0357
Payable date Total
2026-05-22 0.0296
2026-04-24 0.0329
2026-03-27 0.0328
2026-02-20 0.0248
2026-01-23 0.0201

RATING SUMMARY (%)

AAA 5.82
AA 7.61
A 13.89
BBB 32.75
BB 28.25
B 9.51
CCC 1.21
NR 0.97
Average Credit Rating BBB

FUND CHARACTERISTICS

Average Coupon % 5.65
Duration 5.72
Yield 6.53

Management team

First we'll display the Team Company and then the Team members
Geof Marshall
John Shaw
Fernanda Fenton

CI Global Unconstrained Bond Fund

Series A CAD
 
Portfolio allocations4 As at 2026-10-31
Asset allocation (%)
  • Foreign Corporate Bonds 44.33
  • Canadian Corporate Bonds 32.66
  • Foreign Government Bonds 13.29
  • Canadian Government Bonds 6.57
  • Canadian Equity 3.55
  • Canadian Bonds - Other 0.23
  • Mortgages 0.06
  • International Equity 0.05
  • US Equity 0.01
  • Other -0.75
Sector allocation (%)
  • Fixed Income 96.95
  • Financial Services 1.37
  • Energy 0.74
  • Telecommunications 0.55
  • Real Estate 0.54
  • Utilities 0.37
  • Technology 0.18
  • Consumer Services 0.03
  • Mutual Fund 0.01
  • Other -0.74
Geographic allocation(%)
  • United States 45.71
  • Canada 42.40
  • Other 6.55
  • United Kingdom 2.77
  • Dominican Republic 0.48
  • Chile 0.46
  • Denmark 0.43
  • Mexico 0.43
  • Ireland 0.41
  • Hong Kong 0.36
Top holdings6
Sector (%)
1. iShares JPMorgan USD EM Bond ETF (EMB) Exchange Traded Fund 7.05%
2. Canada Government 3.50% 01-Dec-2057 Fixed Income 5.48%
3. CI Alternative Credit Opportunities Fund Series I Fixed Income 3.00%
4. UNITED KINGDOM GILT 4.75% 22-Oct-2035 Fixed Income 2.49%
5. UNITED STATES TREASURY NOTE/BOND 4.75% 15-Feb-2056 Fixed Income 1.57%
6. UNITED STATES TREASURY NOTE/BOND 5.00% 15-May-2056 Fixed Income 1.30%
7. Canada Government 2.75% 01-Dec-2055 Fixed Income 0.96%
8. UNITED STATES TREASURY NOTE/BOND 4.62% 15-Aug-2036 Fixed Income 0.75%
9. Energy Transfer Lp 6.75% 15-Feb-2056 Fixed Income 0.72%
10. Apld Computeco Llc 9.25% 15-Dec-2030 Fixed Income 0.67%
11. Ford Credit Canada Co 5.05% 09-Jan-2032 Fixed Income 0.56%
12. Altagas Ltd 7.20% 15-Oct-2054 Fixed Income 0.56%
13. Canada Government 1.75% 01-Dec-2053 Fixed Income 0.53%
14. Rivian Holdings LLC 10.00% 15-Jan-2031 Fixed Income 0.51%
15. Voltagrid Llc 7.38% 01-Nov-2030 Fixed Income 0.50%
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