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 2026-04-24
$696.8 million
NAVPS
As at 2026-04-24
$20.2043
MER (%)
As at 2025-09-30
0.51
Management fee (%) 0.30
Units outstanding
As at 2026-04-24
34,492,000
Asset class Global Fixed Income
Currency CAD
CUSIP 12558S109
Distribution frequency Monthly
Last distribution $0.0461
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 2026-03-31

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*
0.24% -0.46% 0.24% 0.84% 2.50% - - - 3.49%
*Since inception date

Distribution history3

Ex-Date Total
2026-04-24 0.0461
2026-03-25 0.0450
2026-02-23 0.0481
2026-01-26 0.0464
2025-12-23 0.0614
Ex-Date Total
2025-11-24 0.0590
2025-10-27 0.0430
2025-09-23 0.0641
2025-08-25 0.0591
2025-07-25 0.0582

RATING SUMMARY (%)

AAA 28.62
AA 4.55
A 7.02
BBB 36.97
BB 18.25
B 4.58
Average Credit Rating A-

FUND CHARACTERISTICS

Average Coupon % 3.81
Duration 1.80
Yield 4.26

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 2026-03-31
Asset allocation (%)
  • Canadian Corporate Bonds 37.74
  • Foreign Corporate Bonds 31.32
  • Canadian Government Bonds 24.67
  • Cash and Equivalents 3.48
  • Foreign Government Bonds 1.15
  • Other 0.63
  • Canadian Equity 0.43
  • Foreign Bonds - Other 0.34
  • Mortgages 0.24
Sector allocation (%)
  • Fixed Income 95.46
  • Cash and Cash Equivalent 3.48
  • Other 0.63
  • Energy 0.25
  • Telecommunications 0.13
  • Real Estate 0.05
Geographic allocation(%)
  • Canada 63.19
  • United States 36.50
  • Other 0.31
Top holdings6
Sector (%)
1. Canadian Government Bond 2.25% 01-Feb-2028 Fixed Income 7.45%
2. CANADIAN TREASURY BILL Fixed Income 5.98%
3. Canada Government 2.75% 01-Sep-2027 Fixed Income 5.80%
4. CANADIAN GOVERNMENT BOND 2.75% 01-Mar-2031 Fixed Income 4.48%
5. Canada Government 2.50% 01-Aug-2027 Fixed Income 3.97%
6. CANADIAN TREASURY BILL Fixed Income 2.88%
7. CANADIAN GOVERNMENT BOND 2.50% 01-Nov-2027 Fixed Income 2.55%
8. CANADIAN TREASURY BILL Fixed Income 2.42%
9. Alberta Province 4.10% 01-Jun-2029 Fixed Income 1.40%
10. Ontario Province 4.00% 08-Mar-2029 Fixed Income 1.38%
11. CANADIAN NATURAL RESOURCES LTD 3.30% 08-Dec-2028 Fixed Income 1.36%
12. Darden Restaurants Inc 3.85% 01-Feb-2027 Fixed Income 1.11%
13. Enbridge Inc 6.25% 01-Mar-2028 Fixed Income 1.04%
14. United States Treasury Note/Bond 3.50% 28-Feb-2031 Fixed Income 0.92%
15. Citigroup Inc 4.55% 03-Jun-2030 Fixed Income 0.91%
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.