CI Global Investment Grade ETF

TSX TICKER : CGIN.U
 

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 ($USD)
As at 2024-06-21
$3.5 million
NAVPS
As at 2024-06-21
$20.9698
Market price
As at 2024-06-20
$20.9700
MER (%)
As at 2023-12-31
0.69
Management fee (%) 0.50
Units outstanding
As at 2024-06-21
170,000
Asset class Global Fixed Income
Currency USD Hedged
CUSIP 12568W207
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 2024-05-31

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*
1.20% 1.33% 1.19% 4.36% 5.08% - - - 5.76%
*Since inception date

Distribution history3

Payable date Total
2024-05-23 0.0540
2024-04-23 0.0540
2024-03-21 0.0540
2024-02-22 0.0540
2024-01-24 0.0540
Payable date Total
2023-12-20 0.0540
2023-11-23 0.0540
2023-10-24 0.0540
2023-09-22 0.0540
2023-08-24 0.0540

FUND CHARACTERISTICS

Average Coupon % 4.64
Duration 5.25
Yield 5.74

RATING SUMMARY (%)

AAA 20.97
AA 0.83
A 20.80
BBB 49.93
BB 6.37
B 1.11
Average Credit Rating A-

*Corporate and Government bonds only.

CI Global Investment Grade ETF

TSX TICKER : CGIN.U
 
Portfolio allocations4 As at 2024-05-31
Asset allocation (%)
  • Foreign Corporate Bonds 48.57
  • Canadian Corporate Bonds 18.48
  • Foreign Government Bonds 17.54
  • Canadian Equity 6.57
  • Canadian Government Bonds 3.92
  • Cash and Equivalents 2.45
  • US Equity 1.10
  • Canadian Bonds - Other 1.08
  • International Equity 0.21
  • Other 0.08
Sector allocation (%)
  • Fixed Income 89.21
  • Financial Services 4.79
  • Cash and Cash Equivalent 2.45
  • Energy 0.94
  • Real Estate 0.74
  • Telecommunications 0.62
  • Utilities 0.41
  • Technology 0.37
  • Mutual Fund 0.34
  • Other 0.13
Geographic allocation(%)
  • United States 62.56
  • Canada 31.15
  • Germany 1.65
  • Europe 1.52
  • Australia 1.11
  • Cayman Islands 0.97
  • Ireland 0.46
  • Other 0.34
  • Bermuda 0.21
  • Hong Kong 0.03
Top holdings
Sector (%)
1. United States Treasury 4.00% 15-Feb-2034 Fixed Income 3.58%
2. CI Global High Yield Credit PP ETF C$ (CGHY) Exchange Traded Fund 3.42%
3. United States Treasury 4.00% 31-Jan-2031 Fixed Income 2.78%
4. UNITED STATES TREASURY NOTE/BOND 4.38% 15-May-2034 Fixed Income 2.67%
5. Canada Government 3.25% 01-Dec-2033 Fixed Income 1.97%
6. United States Treasury 4.75% 15-Nov-2053 Fixed Income 1.42%
7. United States Treasury 4.25% 28-Feb-2029 Fixed Income 1.10%
8. Canada Government 3.00% 01-Jun-2034 Fixed Income 1.08%
9. Apache Corp 4.25% 15-Jul-2043 Fixed Income 0.92%
10. BANK OF AMERICA CORP 5.29% 25-Apr-2038 Fixed Income 0.89%
11. HSBC Holdings PLC 5.72% 04-Mar-2034 Fixed Income 0.87%
12. Nissan Motor Co Ltd 4.81% 17-Jun-2030 Fixed Income 0.85%
13. UNITED STATES TREASURY NOTE/BOND 4.88% 30-Apr-2026 Fixed Income 0.84%
14. Lloyds Banking Group PLC 5.99% 07-Aug-2026 Fixed Income 0.82%
15. Wells Fargo & Co 5.57% 25-Jul-2028 Fixed Income 0.78%

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.