CI Canadian Short-Term Aggregate Bond Index ETF (formerly CI Yield Enhanced Canada Short-Term Aggregate Bond Index ETF)

TSX TICKER : CAGS
 

Fund overview

The CI Canadian Short-term Aggregate Bond Index ETF seeks to track, to the extent reasonably possible, the price and yield performance of a Canadian short-term Investment grade bond index, before fees and expenses. Currently, the CI ETF seeks to track the FTSE Canada Short Term Overall Bond Index™ (the “Index”) or any successor thereto.

Fund details

description of elementelement value
Inception date June 2017
Total net assets ($CAD)
As at 2025-03-31
$23.9 million
NAVPS
As at 2025-03-31
$47.9682
Market price
As at 2025-03-31
$47.9600
MER (%)
As at 2024-06-30
0.14
Management fee (%) 0.07
Units outstanding
As at 2025-03-31
500,000
Asset class Canadian Fixed Income
Currency CAD
CUSIP 17166P108
Distribution frequency Monthly
Last distribution $0.0471
Average Duration (ex-CDX) 2.68
Average Credit Rating AA

Risk rating1

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

Investor suitability

For those who:
  • want to invest in a broad range of fixed income securities which are Canadian dollar denominated
  • can handle the ups and downs of the stock market

Performance2 As at 2025-03-31

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*
1.35% 0.47% 1.72% 3.33% 7.33% 3.04% 1.84% - 2.11%
*Since inception date

Distribution history3

Ex-Date Total
2025-03-25 0.0471
2025-02-24 0.1210
2025-01-27 0.0927
2024-12-23 0.1450
2024-11-25 0.1448
Ex-Date Total
2024-10-25 0.1969
2024-09-23 0.2066
2024-08-26 0.1600
2024-07-25 0.1218
2024-06-24 0.1197

FUND CHARACTERISTICS

Average Coupon % 3.31
Average Duration (ex-CDX) 2.68
Current Yield % 3.25
Yield to Worst % 2.94
Years to Maturity 3.49
Issuer Federal % 32.87
Issuer Government Related % 33.29
Issuer Corporate % 33.83
Average price 101.17

RATING SUMMARY (%)

AAA 49.93
AA 19.62
A 17.41
BBB 13.04
Average Credit Rating AA

*Corporate and Government bonds only.

CI Canadian Short-Term Aggregate Bond Index ETF (formerly CI Yield Enhanced Canada Short-Term Aggregate Bond Index ETF)

TSX TICKER : CAGS
 
Portfolio allocations4 As at 2025-02-28
Asset allocation (%)
  • Canadian Government Bonds 65.19
  • Canadian Corporate Bonds 33.90
  • Cash and Equivalents 0.49
  • Canadian Bonds - Other 0.30
  • Mortgages 0.16
  • Other -0.04
Sector allocation (%)
  • Fixed Income 99.49
  • Cash and Cash Equivalent 0.49
  • Financial Services 0.06
  • Other -0.04
Geographic allocation(%)
  • Canada 100.04
  • Other -0.04
Top holdings
Sector (%)
1. Canada Government 3.50% 01-Sep-2029 Fixed Income 7.65%
2. Canada Government 4.00% 01-May-2026 Fixed Income 7.63%
3. Canada Housing Trust No 1 2.90% 15-Dec-2029 Fixed Income 4.18%
4. Ontario Province 3.60% 08-Mar-2028 Fixed Income 3.53%
5. Ontario Province 1.05% 08-Sep-2027 Fixed Income 3.09%
6. Canada Housing Trust No 1 4.25% 15-Dec-2028 Fixed Income 2.59%
7. Canada Government 4.00% 01-Mar-2029 Fixed Income 1.93%
8. Canada Government 3.00% 01-Feb-2027 Fixed Income 1.61%
9. Canada Government 4.00% 01-Aug-2026 Fixed Income 1.60%
10. Canada Government 3.25% 01-Nov-2026 Fixed Income 1.43%
11. Canada Government 3.25% 01-Sep-2028 Fixed Income 1.37%
12. Royal Bank of Canada 1.59% 04-May-2026 Fixed Income 1.33%
13. Quebec Province 2.75% 01-Sep-2027 Fixed Income 1.25%
14. Canada Government 3.50% 01-Mar-2028 Fixed Income 1.23%
15. Canada Government 2.75% 01-Sep-2027 Fixed Income 1.21%

Management team

First we'll display the Team Company and then the Team members
CI Global Asset Management ETF
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.