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 2024-11-20
$16.5 million
NAVPS
As at 2024-11-20
$47.1493
Market price
As at 2024-11-20
$47.1600
MER (%)
As at 2024-06-30
0.14
Management fee (%) 0.07
Units outstanding
As at 2024-11-20
350,000
Asset class Canadian Fixed Income
Currency CAD
CUSIP 17166P108
Distribution frequency Monthly
Last distribution $0.1969
Average Duration (ex-CDX) 2.67
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 2024-10-31

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*
5.05% -0.33% 1.54% 4.79% 8.16% 2.00% 1.77% - 1.89%
*Since inception date

Distribution history3

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
Ex-Date Total
2024-05-23 0.0909
2024-04-23 0.1080
2024-03-21 0.1134
2024-02-22 0.1124
2024-01-24 0.0796

FUND CHARACTERISTICS

Average Coupon % 3.39
Average Duration (ex-CDX) 2.67
Current Yield % 3.35
Yield to Worst % 3.38
Years to Maturity 2.88
Issuer Federal % 32.20
Issuer Government Related % 34.40
Issuer Corporate % 33.40
Average price 100.07

RATING SUMMARY (%)

AAA 51.45
AA 18.27
A 17.60
BBB 12.67
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 2024-10-31
Asset allocation (%)
  • Canadian Government Bonds 65.15
  • Canadian Corporate Bonds 33.03
  • Foreign Government Bonds 0.76
  • Cash and Equivalents 0.57
  • Canadian Bonds - Other 0.37
  • Mortgages 0.17
  • Other -0.05
Sector allocation (%)
  • Fixed Income 99.39
  • Cash and Cash Equivalent 0.57
  • Financial Services 0.09
  • Other -0.05
Geographic allocation(%)
  • Canada 99.29
  • United States 0.76
  • Other -0.05
Top holdings
Sector (%)
1. Canada Government 3.50% 01-Sep-2029 Fixed Income 3.25%
2. Canada Government 4.50% 01-Feb-2026 Fixed Income 3.00%
3. Canada Government 4.00% 01-May-2026 Fixed Income 2.83%
4. Canada Government 4.00% 01-Mar-2029 Fixed Income 2.77%
5. Canada Government 4.00% 01-Aug-2026 Fixed Income 2.71%
6. Canada Government 3.25% 01-Sep-2028 Fixed Income 2.14%
7. Canada Government 4.50% 01-Nov-2025 Fixed Income 2.10%
8. Canada Government 1.25% 01-Mar-2027 Fixed Income 1.97%
9. Canada Government 3.25% 01-Nov-2026 Fixed Income 1.96%
10. Canada Government 2.75% 01-Sep-2027 Fixed Income 1.67%
11. Canada Government 3.50% 01-Mar-2028 Fixed Income 1.62%
12. Canada Housing Trust No 1 4.25% 15-Dec-2028 Fixed Income 1.52%
13. Canada Housing Trust No 1 1.95% 15-Dec-2025 Fixed Income 1.45%
14. Ontario Province 2.60% 02-Jun-2027 Fixed Income 1.31%
15. Canada Housing Trust No 1 2.35% 15-Jun-2027 Fixed Income 1.27%

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.