CI Investment Grade Bond ETF

TSX TICKER : FIG
 

Fund overview

The Fund's investment objectives are: (i) to provide unitholders with monthly cash distributions; and (ii) to maximize total returns for unitholders consisting primarily of monthly distributions, while reducing risk and preserving capital. Under normal market conditions, the Fund will be primarily invested in investment grade bonds and investment grade debt securities.

Fund details

description of elementelement value
Inception date October 2009
Total net assets ($CAD)
As at 2024-06-11
$204.3 million
NAVPS
As at 2024-06-11
$9.2697
Market price
As at 2024-06-11
$9.2600
MER (%)
As at 2023-12-31
0.77
Management fee (%) 0.65
Units outstanding
As at 2024-06-11
22,047,688
Asset class Global Fixed Income
Currency CAD
CUSIP 12556J101
Distribution frequency Monthly
Last distribution $0.0320

Risk rating1

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

Investor suitability

For those who:
  • want global investment grade corporate bond exposure
  • want to receive regular monthly cash flows (if any)
  • can tolerate low risk

Performance2 As at 2024-05-31

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*
0.15% 1.51% 0.64% 3.58% 4.52% -1.98% 0.13% 1.54% 2.82%
*Since inception date

Distribution history3

Payable date Total
2024-05-23 0.0320
2024-04-23 0.0320
2024-03-21 0.0320
2024-02-22 0.0320
2024-01-24 0.0320
Payable date Total
2023-12-20 0.0320
2023-11-23 0.0320
2023-10-24 0.0320
2023-09-22 0.0320
2023-08-24 0.0320

CI Investment Grade Bond ETF

TSX TICKER : FIG
 
Portfolio allocations4 As at 2024-05-31
Asset allocation (%)
  • Canadian Corporate Bonds 49.62
  • Canadian Government Bonds 30.46
  • Cash and Equivalents 12.19
  • Foreign Corporate Bonds 4.97
  • Foreign Government Bonds 2.89
  • Other 0.02
  • Foreign Bonds - Other -0.15
Sector allocation (%)
  • Fixed Income 87.79
  • Cash and Cash Equivalent 12.19
  • Other 0.02
Geographic allocation(%)
  • Canada 89.50
  • United States 10.32
  • United Kingdom 0.16
  • Other 0.02
Top holdings
Sector (%)
1. Canada Government 3.00% 01-Jun-2034 Fixed Income 6.03%
2. Canada Government 3.25% 01-Dec-2033 Fixed Income 2.98%
3. Canada Government 1.50% 01-Jun-2031 Fixed Income 2.65%
4. Ontario Province 4.15% 02-Dec-2054 Fixed Income 2.65%
5. Ontario Province 4.15% 02-Jun-2034 Fixed Income 2.22%
6. Canada Government 2.50% 01-Dec-2032 Fixed Income 2.16%
7. Canada Government 3.50% 01-Mar-2034 Fixed Income 1.82%
8. Canada Government 1.75% 01-Dec-2053 Fixed Income 1.66%
9. Canada Government 2.00% 01-Jun-2028 Fixed Income 1.53%
10. Goldman Sachs Group Inc 3.31% 31-Oct-2024 Cash and Cash Equivalent 1.27%
11. IGM Financial Inc 6.00% 10-Jun-2040 Fixed Income 1.27%
12. Choice Properties REIT 3.56% 09-Jul-2024 Cash and Cash Equivalent 1.14%
13. Canada Government 4.00% 01-Mar-2029 Fixed Income 1.04%
14. Bank of Montreal 5.04% 29-Apr-2028 Fixed Income 0.97%
15. Canada Government 2.75% 01-Jun-2033 Fixed Income 0.94%

Management team

First we'll display the Team Company and then the Team members
Marret Asset Management
Marret Asset Management focuses on fixed-income investing and alternative strategies on behalf of institutional, high net worth and retail clients. Marret Asset Management Inc. is a partly owned subsidiary of CI Financial Corp. and an affiliate of CI Global Asset Management.
Adam Tuer
Over 35,000 financial advisors have chosen CI Global Asset Management as a partner. We believe that Canadians have the best opportunity for investments success by using the services of a professional financial advisor. Learn more at ci.com.