CI Global Investment Grade ETF

TSX TICKER : CGIN
 

Fund overview

The ETF’s investment objective is to generate income and the potential for long-term capital appreciation by investing primarily in a diversified portfolio of investment grade fixed-income securities issued by companies or governments of any size, located anywhere in the world.

Fund details

description of elementelement value
Inception date October 2022
Total net assets ($CAD)
As at 2024-03-27
$142.9 million
NAVPS
As at 2024-03-27
$20.6861
Market price
As at 2024-03-27
$20.7100
MER (%)
As at 2023-06-30
0.74
Management fee (%) 0.50
Units outstanding
As at 2024-03-27
6,910,000
Asset class Global Fixed Income
Currency CAD
CUSIP 12568W108
Distribution frequency Monthly
Last distribution $0.0540
Average Credit Rating A-

Risk rating1

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

Investor suitability

For those who:
  • want exposure to a diversified portfolio of investment grade fixed-income securities issued by companies or governments of any size, located anywhere in the world
  • are investing for the long term
  • can tolerate low risk
  • are seeking regular income

Performance2 As at 2024-02-29

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*
-0.07% -0.53% 2.99% 4.14% 4.51% - - - 5.51%
*Since inception date

Distribution history3

Payable date Total
2024-03-21 0.0540
2024-02-22 0.0540
2024-01-24 0.0540
2023-12-20 0.0540
2023-11-23 0.0540
Payable date Total
2023-10-24 0.0540
2023-09-22 0.0540
2023-08-24 0.0540
2023-07-24 0.0540
2023-06-23 0.0540

FUND CHARACTERISTICS

Average Coupon % 4.51
Duration 5.38
Yield 5.60

RATING SUMMARY (%)

AAA 19.23
AA 1.94
A 20.78
BBB 50.46
BB 6.79
B 0.80
Average Credit Rating A-

*Corporate and Government bonds only.

CI Global Investment Grade ETF

TSX TICKER : CGIN
 
Portfolio allocations4 As at 2024-02-29
Asset allocation (%)
  • Foreign Corporate Bonds 50.38
  • Canadian Corporate Bonds 17.41
  • Foreign Government Bonds 16.13
  • Canadian Equity 5.43
  • Cash and Equivalents 4.48
  • Canadian Government Bonds 3.02
  • Canadian Bonds - Other 1.64
  • US Equity 1.42
  • Other 0.09
Sector allocation (%)
  • Fixed Income 88.07
  • Cash and Cash Equivalent 4.48
  • Financial Services 4.04
  • Energy 1.05
  • Telecommunications 0.62
  • Real Estate 0.50
  • Technology 0.49
  • Mutual Fund 0.44
  • Utilities 0.16
  • Other 0.15
Geographic allocation(%)
  • United States 63.42
  • Canada 29.06
  • Germany 2.17
  • Europe 1.48
  • Australia 1.41
  • United Kingdom 0.96
  • Cayman Islands 0.56
  • Netherlands 0.48
  • Other 0.46
Top holdings
Sector (%)
1. United States Treasury 4.50% 15-Nov-2033 Fixed Income 5.99%
2. CI Global High Yield Credit PP ETF C$ (CGHY) Exchange Traded Fund 2.85%
3. UNITED STATES TREASURY NOTE/BOND 4.00% 15-Feb-2034 Fixed Income 2.09%
4. Canada Government 3.25% 01-Dec-2033 Fixed Income 2.04%
5. UNITED STATES TREASURY NOTE/BOND 4.00% 31-Jan-2029 Fixed Income 1.16%
6. BANK OF AMERICA CORP 5.29% 25-Apr-2038 Fixed Income 0.99%
7. Lloyds Banking Group PLC 5.99% 07-Aug-2026 Fixed Income 0.96%
8. HSBC HOLDINGS PLC 5.72% 04-Mar-2035 Fixed Income 0.96%
9. Wells Fargo & Co 5.57% 25-Jul-2028 Fixed Income 0.91%
10. Germany Government 2.60% 15-Aug-2033 Fixed Income 0.91%
11. Nissan Motor Co Ltd 4.81% 17-Jun-2030 Fixed Income 0.90%
12. United States Treasury 3.75% 31-Dec-2028 Fixed Income 0.90%
13. Wells Fargo & Co 5.56% 25-Jul-2033 Fixed Income 0.89%
14. AerCap Ireland Capital DAC 2.45% 29-Sep-2026 Fixed Income 0.89%
15. Apache Corp 4.25% 15-Jul-2043 Fixed Income 0.83%

Management team

First we'll display the Team Company and then the Team members
John Shaw
Leanne Ongaro
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.