CI Global Short-Term Bond Fund

CBOE CANADA TICKER : CGSB
 

Fund overview

The fund’s investment objective is to provide higher amounts of interest income and capital appreciation potential relative to cash while pursuing safety of capital through investments in global short duration fixed income securities and short-term notes.

Fund details

description of elementelement value
Inception date July 2024
Total net assets ($CAD)
As at 2026-09-18
$607.6 million
NAVPS
As at 2026-09-18
$20.0926
MER (%)
As at 2026-03-31
0.48
Management fee (%) 0.30
Units outstanding
As at 2026-09-18
30,242,000
Asset class Global Fixed Income
Currency CAD
CUSIP 12558S109
Distribution frequency Monthly
Last distribution $0.0616
Average Credit Rating A-

Risk rating1

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

Investor suitability

For those who:
  • want short-term global bond exposure to minimize interest rate risk
  • are investing for the short to medium term and are primarily concerned with volatility reduction and income generation
  • want to receive regular monthly cash flows (if any)
  • can tolerate low risk

Performance2 As at 2026-08-31

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*
1.62% 0.20% 0.50% 0.90% 2.82% - - - 3.45%
*Since inception date

Distribution history3

Ex-Date Total
2026-08-25 0.0616
2026-07-27 0.0673
2026-06-24 0.0620
2026-05-22 0.0622
2026-04-24 0.0461
Ex-Date Total
2026-03-25 0.0450
2026-02-23 0.0481
2026-01-26 0.0464
2025-12-23 0.0614
2025-11-24 0.0590

RATING SUMMARY (%)

AAA 27.40
AA 5.43
A 7.33
BBB 37.15
BB 17.92
B 4.77
Average Credit Rating A-

FUND CHARACTERISTICS

Average Coupon % 3.92
Duration 1.60
Yield 4.33

Management team

First we'll display the Team Company and then the Team members
Leanne Ongaro
Fernanda Fenton
Darren Arrowsmith

CI Global Short-Term Bond Fund

CBOE CANADA TICKER : CGSB
 
Portfolio allocations4 As at 2026-08-31
Asset allocation (%)
  • Foreign Corporate Bonds 32.00
  • Canadian Government Bonds 26.04
  • Canadian Corporate Bonds 25.42
  • Cash and Equivalents 13.35
  • Foreign Government Bonds 1.35
  • Foreign Bonds - Other 0.99
  • Canadian Equity 0.64
  • Mortgages 0.29
  • Other -0.08
Sector allocation (%)
  • Fixed Income 86.09
  • Cash and Cash Equivalent 13.35
  • Energy 0.33
  • Telecommunications 0.24
  • Real Estate 0.07
  • Other -0.08
Geographic allocation(%)
  • Canada 64.14
  • United States 35.94
  • Other -0.08
Top holdings6
Sector (%)
1. Canada Government 2.75% 01-Sep-2027 Fixed Income 7.07%
2. Canada Government 2.25% 01-Feb-2028 Fixed Income 6.60%
3. Canada Government 0.00% 27-Jan-2027 Cash and Cash Equivalent 6.45%
4. ENBRIDGE INC COML PA DISCOUNT NOTE Cash and Cash Equivalent 3.34%
5. Canada Government 2.50% 01-Nov-2027 Fixed Income 3.07%
6. Canada Government 2.75% 01-Mar-2031 Fixed Income 2.23%
7. Canada Government 2.50% 01-Aug-2027 Fixed Income 1.90%
8. Ontario Province 4.00% 08-Mar-2029 Fixed Income 1.68%
9. Alberta Province 4.10% 01-Jun-2029 Fixed Income 1.67%
10. Enbridge Inc 6.25% 01-Mar-2028 Fixed Income 1.28%
11. Canada Government 2.50% 01-May-2028 Fixed Income 1.18%
12. Burford Capital Globl Fnce LLC 6.25% 15-Apr-2028 Fixed Income 1.13%
13. Citigroup Inc 4.55% 03-Jun-2030 Fixed Income 1.10%
14. HYUNDAI CAPITAL CANADA INC 3.58% 14-Jan-2030 Fixed Income 1.09%
15. United States Treasury Note/Bond 3.50% 28-Feb-2031 Fixed Income 1.08%
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