CI Global Bond Currency Neutral Fund

Series A CAD
 

Fund overview

This fund’s objective is to provide long-term total return. It invests primarily in fixed income and floating rate securities of governments and companies throughout the world that the portfolio advisor believes offer an attractive yield and opportunity for capital gains. The fund may make large investments in any country, including emerging markets and emerging industries of developed markets, and in high yield securities of developed markets. The fund will use derivatives to minimize the fund’s exposure to foreign currency fluctuations against the Canadian dollar.

Fund details

description of elementelement value
Inception date October 2022
CAD Total net assets ($CAD)
As at 2025-07-30
$114.9 million
NAVPS
As at 2025-08-18
$10.1388
MER (%)
As at 2025-03-31
1.54
Management fee (%) 1.20
Asset class Global Fixed Income
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0225
Average Credit Rating A+

Risk rating1

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

FUND CODES

A ISC 2119
DSC SO* 3119
LL SO 3019
F 4119
I 5119
P 90019
*No new purchases directly into switch only funds.

Performance2 As at 2025-07-31

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*
1.17% -0.31% 0.06% 0.86% 1.15% - - - 2.61%
*Since inception date

Distribution history3

Payable date Total
2025-07-25 0.0225
2025-06-27 0.0159
2025-05-23 0.0154
2025-04-25 0.0206
2025-03-28 0.0217
Payable date Total
2025-02-21 0.0154
2024-12-27 0.0470
2024-11-22 0.0160
2024-10-25 0.0244
2024-09-27 0.0152

FUND CHARACTERISTICS

Average Coupon % 3.76
Duration 5.72
Yield 4.12

RATING SUMMARY (%)

AAA 24.36
AA 33.85
A 17.78
BBB 15.27
BB 5.24
B 2.86
CCC 0.39
NR 0.25
Average Credit Rating A+

*Corporate and Government bonds only.

CI Global Bond Currency Neutral Fund

Series A CAD
 
Portfolio allocations4 As at 2025-07-31
Asset allocation (%)
  • Foreign Government Bonds 57.87
  • Foreign Corporate Bonds 24.19
  • Canadian Government Bonds 12.72
  • Cash and Equivalents 3.99
  • Canadian Corporate Bonds 0.87
  • US Equity 0.18
  • Foreign Bonds - Other 0.18
Sector allocation (%)
  • Fixed Income 95.83
  • Cash and Cash Equivalent 3.99
  • Financial Services 0.18
Geographic allocation(%)
  • United States 41.73
  • Canada 16.33
  • Spain 9.03
  • Germany 6.88
  • Other 6.72
  • France 5.05
  • Europe 4.86
  • United Kingdom 4.58
  • Australia 3.89
  • Mexico 0.93

Management team

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

CI Global Bond Currency Neutral Fund

Series A CAD
 
Underlying fund allocations
Sector (%)
1. CI Emerging Markets Bond Fund Series I Mutual Fund 8.77%
2. United States Treasury 4.13% 31-Oct-2027 Fixed Income 6.60%
3. Canada Government 2.75% 01-Mar-2030 Fixed Income 4.44%
4. Spain Government 3.25% 30-Apr-2034 Fixed Income 4.12%
5. United States Treasury 4.63% 15-Feb-2035 Fixed Income 3.71%
6. Canada Government 3.00% 01-Jun-2034 Fixed Income 2.94%
7. Germany Government 1.70% 15-Aug-2032 Fixed Income 2.81%
8. United States Treasury 4.00% 15-Nov-2052 Fixed Income 2.80%
9. Spain Government 2.80% 31-May-2026 Fixed Income 2.79%
10. United States Treasury 3.50% 30-Sep-2026 Fixed Income 2.59%
11. France Government 0.75% 25-Feb-2028 Fixed Income 2.21%
12. Canada Government 2.75% 01-Sep-2027 Fixed Income 2.19%
13. Australia Government 3.00% 21-Nov-2033 Fixed Income 2.16%
14. United Kingdom Government 4.50% 07-Mar-2035 Fixed Income 2.15%
15. Spain Government 3.50% 31-May-2029 Fixed Income 2.12%
Top holdings
Sector (%)
1. United States Treasury 4.13% 31-Oct-2027 Fixed Income 6.60%
2. Canada Government 2.75% 01-Mar-2030 Fixed Income 4.44%
3. Spain Government 3.25% 30-Apr-2034 Fixed Income 4.12%
4. United States Treasury 4.63% 15-Feb-2035 Fixed Income 3.71%
5. Canada Government 3.00% 01-Jun-2034 Fixed Income 2.94%
6. Germany Government 1.70% 15-Aug-2032 Fixed Income 2.81%
7. United States Treasury 4.00% 15-Nov-2052 Fixed Income 2.80%
8. Spain Government 2.80% 31-May-2026 Fixed Income 2.79%
9. United States Treasury 3.50% 30-Sep-2026 Fixed Income 2.59%
10. France Government 0.75% 25-Feb-2028 Fixed Income 2.21%
11. Canada Government 2.75% 01-Sep-2027 Fixed Income 2.19%
12. Australia Government 3.00% 21-Nov-2033 Fixed Income 2.16%
13. United Kingdom Government 4.50% 07-Mar-2035 Fixed Income 2.15%
14. Spain Government 3.50% 31-May-2029 Fixed Income 2.12%
15. Germany Government 2.10% 12-Apr-2029 Fixed Income 1.87%
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