CI Enhanced Government Bond ETF

TSX TICKER : FGO
 

Fund overview

The Fund's investment objective is to provide long-term total returns through interest income and capital appreciation. The Fund will primarily invest in government debt, but may also invest in other debt instruments across the credit spectrum including cash, corporate debt, and debt and credit derivatives.

Fund details

description of elementelement value
Inception date July 2018
Total net assets ($CAD)
As at 2024-07-18
$765.2 million
NAVPS
As at 2024-07-18
$9.9891
Market price
As at 2024-07-17
$10.0200
MER (%)
As at 2023-12-31
0.63
Management fee (%) 0.55
Units outstanding
As at 2024-07-18
76,604,600
Asset class Global Fixed Income
Currency CAD
CUSIP 12558H103
Distribution frequency Quarterly
Last distribution $0.0772
Average Duration (ex-CDX) 6.85
Yield to Maturity % 3.93

Risk rating1

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

Investor suitability

For those who:
  • want global bond exposure on a CAD hedged basis
  • want to receive regular quarterly cash flows (if any)
  • can tolerate low risk

Performance2 As at 2024-06-30

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*
-0.75% 1.28% 0.40% -0.75% 1.81% -1.80% 0.13% - 1.06%
*Since inception date

Distribution history3

Payable date Total
2024-06-24 0.0772
2024-03-21 0.0565
2023-12-20 0.0721
2023-09-22 0.0688
2023-06-23 0.0526
Payable date Total
2023-03-24 0.0411
2022-12-21 0.0450
2022-09-22 0.0456
2022-06-23 0.0389
2022-03-24 0.0145

FUND CHARACTERISTICS

Average Coupon % * 3.64
Average Duration (ex-CDX) 6.85
Cash and Equivalents % 0.81
Current Yield %* 3.71
Years to Maturity 9.09
Yield to Maturity % 3.93

*Corporate and Government bonds only.

RATING SUMMARY (%)*

AAA 94.15
AA 0.05
A 1.54
BBB 3.85
BB 0.41
B 0.00
D 0.00
NR 0.00

*Corporate and Government bonds only.

CI Enhanced Government Bond ETF

TSX TICKER : FGO
 
Portfolio allocations4 As at 2024-06-30
Asset allocation (%)
  • Canadian Government Bonds 48.43
  • Foreign Government Bonds 43.49
  • Cash and Equivalents 5.71
  • Canadian Corporate Bonds 2.11
  • Foreign Corporate Bonds 0.27
  • Other -0.01
Sector allocation (%)
  • Fixed Income 94.30
  • Cash and Cash Equivalent 5.71
  • Other -0.01
Geographic allocation(%)
  • Canada 54.81
  • United States 45.20
  • Other -0.01
Top holdings
Sector (%)
1. Canada Government 3.25% 01-Dec-2033 Fixed Income 15.31%
2. Canada Government 3.00% 01-Jun-2034 Fixed Income 9.22%
3. United States Treasury 4.38% 15-May-2034 Fixed Income 8.77%
4. United States Treasury 4.63% 30-Apr-2029 Fixed Income 7.98%
5. Canada Government 3.50% 01-Mar-2028 Fixed Income 5.80%
6. United States Treasury 4.63% 31-May-2031 Fixed Income 5.12%
7. United States Treasury 4.50% 31-May-2029 Fixed Income 4.40%
8. United States Treasury 4.38% 30-Nov-2030 Fixed Income 4.37%
9. Ontario Province 4.15% 02-Dec-2054 Fixed Income 3.14%
10. Canada Government 1.50% 01-Dec-2031 Fixed Income 3.02%
11. United States Treasury 4.88% 30-Apr-2026 Fixed Income 2.66%
12. United States Treasury 1.75% 15-Jan-2034 Fixed Income 2.62%
13. Canada Government 1.75% 01-Dec-2053 Fixed Income 2.48%
14. Ontario Province 4.15% 02-Jun-2034 Fixed Income 2.31%
15. Canada Government 4.00% 01-Mar-2029 Fixed Income 1.72%

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.