CI Enhanced Government Bond ETF

TSX TICKER : FGO.U
 

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 ($USD)
As at 2025-06-30
$12.6 million
NAVPS
As at 2025-06-30
$10.2967
Market price
As at 2025-06-30
$10.3000
MER (%)
As at 2024-12-31
0.63
Management fee (%) 0.55
Units outstanding
As at 2025-06-30
1,224,700
Asset class Global Fixed Income
Currency USD Hedged
CUSIP 12558H202
Distribution frequency Quarterly
Last distribution $0.0779
Average Duration (ex-CDX) 6.47
Yield to Maturity % 3.20

Risk rating1

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

Investor suitability

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

Performance2 As at 2025-06-30

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*
2.69% -0.58% -0.31% 1.11% 6.74% 2.50% -0.21% - 1.91%
*Since inception date

Distribution history3

Ex-Date Total
2025-06-24 0.0779
2025-03-25 0.0712
2024-12-23 0.0900
2024-09-23 0.0838
2024-06-24 0.0772
Ex-Date Total
2024-03-21 0.0565
2023-12-20 0.0721
2023-09-22 0.0688
2023-06-23 0.0526
2023-03-24 0.0411

FUND CHARACTERISTICS

Average Coupon % * 3.47
Average Duration (ex-CDX) 6.47
Cash and Equivalents % 4.09
Current Yield %* 3.53
Years to Maturity 8.99
Yield to Maturity % 3.20

*Corporate and Government bonds only.

RATING SUMMARY (%)*

AAA 88.34
AA 0.00
A 0.20
BBB 8.65
BB 1.39
B 0.00
D 0.00
NR 1.42

*Corporate and Government bonds only.

CI Enhanced Government Bond ETF

TSX TICKER : FGO.U
 
Portfolio allocations4 As at 2025-05-31
Asset allocation (%)
  • Canadian Government Bonds 51.95
  • Foreign Government Bonds 27.07
  • Cash and Equivalents 17.40
  • Canadian Corporate Bonds 3.21
  • Foreign Corporate Bonds 0.41
  • Other -0.04
Sector allocation (%)
  • Fixed Income 82.64
  • Cash and Cash Equivalent 17.40
  • Other -0.04
Geographic allocation(%)
  • Canada 70.80
  • United States 29.24
  • Other -0.04
Top holdings5
Sector (%)
1. Canada Government 3.25% 01-Dec-2034 Fixed Income 18.52%
2. Canada Government 3.00% 01-Jun-2034 Fixed Income 14.49%
3. UNITED STATES TREASURY NOTE/BOND - WHEN ISSUED 4.25%
15-May-2035
Fixed Income 11.73%
4. United States Treasury 3.88% 30-Apr-2030 Fixed Income 6.73%
5. Canada Government 3.25% 01-Dec-2033 Fixed Income 6.05%
6. UNITED STATES TREASURY NOTE/BOND - WHEN ISSUED 4.75%
15-May-2055
Fixed Income 3.67%
7. Canada Government 2.75% 01-Mar-2030 Fixed Income 3.60%
8. ENBRIDGE INC DISCOUNT NOTE Cash and Cash Equivalent 3.19%
9. Canada Government 1.75% 01-Dec-2053 Fixed Income 2.82%
10. United States Treasury 3.00% 15-Aug-2052 Fixed Income 1.74%
11. Canada Government 4.00% 01-Aug-2026 Fixed Income 1.49%
12. Canada Government 3.25% 01-Nov-2026 Fixed Income 1.46%
13. Suncor Energy Inc 05-Jun-2025 Cash and Cash Equivalent 1.38%
14. ENBRIDGE INC D CDS DISCOUNT NOTE Cash and Cash Equivalent 1.29%
15. United States Treasury 2.13% 15-Jan-2035 Fixed Income 1.01%

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
Adrian Prenc
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.