CI Global Green Bond Fund

Series AH USD Hedged
 

Fund overview

This fund’s objective is to provide long-term total return. The fund follows an approach to investing that focuses on sustainable and responsible issuers by primarily investing in labelled green bonds issued by government, government-related and corporate issuers, located anywhere in the world.

Fund details

description of elementelement value
Inception date September 2022
CAD Total net assets ($CAD)
As at 2024-05-31
$17.1 million
NAVPS
As at 2024-06-24
$10.4810
MER (%)
As at 2023-09-30
1.33
Management fee (%) 1.00
Asset class Global Fixed Income
Currency USD Hedged
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0088
Average Credit Rating AA

Risk rating1

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

FUND CODES

AH ISC 2168
DSC SO* 3168
LL SO 3068
FH 4168
IH 5168
PH 90268
*No new purchases directly into switch only funds.

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*
-1.06% 0.96% 0.23% 1.65% 2.01% - - - 3.80%
*Since inception date

Distribution history3

Payable date Total
2024-06-21 0.0088
2024-05-24 0.0148
2024-04-26 0.0091
2024-03-22 0.0037
2024-02-23 0.0051
Payable date Total
2024-01-26 0.0013
2023-12-28 0.0082
2023-11-24 0.0087
2023-10-27 0.0092
2023-09-22 0.0075

FUND CHARACTERISTICS

Average Coupon % 2.87
Duration 6.26
Yield 4.25

RATING SUMMARY (%)

AAA 43.37
AA 35.97
A 15.53
BBB 3.66
BB 1.48
Average Credit Rating AA

*Corporate and Government bonds only.

CI Global Green Bond Fund

Series AH USD Hedged
 
Portfolio allocations4 As at 2024-05-31
Asset allocation (%)
  • Canadian Government Bonds 37.07
  • Foreign Government Bonds 31.83
  • Foreign Corporate Bonds 16.42
  • Canadian Corporate Bonds 11.33
  • US Equity 3.97
  • Other 0.01
  • Cash and Equivalents -0.63
Sector allocation (%)
  • Fixed Income 96.65
  • Financial Services 3.97
  • Other 0.01
  • Cash and Cash Equivalent -0.63
Geographic allocation(%)
  • Canada 47.27
  • United States 17.87
  • Germany 15.24
  • Luxembourg 6.43
  • France 3.92
  • Norway 2.92
  • Belgium 2.81
  • Netherlands 2.42
  • United Kingdom 1.08
  • Other 0.04
Top holdings
Sector (%)
1. Ontario Province - Debenture Fixed Income 8.35%
2. KfW 2.00% 15-Nov-2029 Fixed Income 7.90%
3. Germany Government 0.00% 15-Aug-2030 Fixed Income 7.08%
4. EUROPEAN INVESTMENT BANK 3.75% 14-Feb-2033 Fixed Income 6.43%
5. Canada Government 3.50% 01-Mar-2034 Fixed Income 5.85%
6. Ontario Province - Debenture Fixed Income 5.39%
7. Canada Government 2.25% 01-Dec-2029 Fixed Income 4.98%
8. Bank of America Corp - Pfd Banking 3.97%
9. France Government 1.75% 25-Jun-2039 Fixed Income 3.92%
10. Apple Inc 3.00% 20-Mar-2027 Fixed Income 3.81%
11. CDP FINANCIAL INC 3.80% 02-Jun-2027 Fixed Income 3.51%
12. Brookfield Finance Inc 2.72% 15-Apr-2031 Fixed Income 3.40%
13. Quebec Province 3.65% 20-May-2032 Fixed Income 3.28%
14. ONTARIO TEACHERS FINANCE TRUST 4.45% 02-Jun-2032 Fixed Income 2.98%
15. KOMMUNALBANKEN AS 3.80% 07-Dec-2027 Fixed Income 2.92%

Management team

First we'll display the Team Company and then the Team members
Fernanda Fenton
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.