CI Global Unconstrained Bond Fund

TSX TICKER : CUBD
 

Fund overview

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

Fund details

description of elementelement value
Inception date July 2024
Total net assets ($CAD)
As at 2026-11-03
$122.3 million
NAVPS
As at 2026-11-03
$19.9871
MER (%)
As at 2026-03-31
0.79
Management fee (%) 0.55
Units outstanding
As at 2026-11-03
6,120,000
Asset class Global Fixed Income
Currency CAD
CUSIP 12572B108
Distribution frequency Monthly
Last distribution $0.0763
Average Credit Rating BBB

Risk rating1

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

Investor suitability

For those who:
  • seeking income and the potential for capital appreciation
  • investing for the long term
  • can tolerate low risk

Performance2 As at 2026-10-31

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*
-1.10% -2.03% -3.23% -0.99% -0.69% - - - 3.12%
*Since inception date

Distribution history3

Ex-Date Total
2026-10-26 0.0763
2026-09-23 0.0767
2026-08-25 0.0687
2026-07-27 0.0740
2026-06-24 0.0769
Ex-Date Total
2026-05-22 0.0700
2026-04-24 0.0732
2026-03-25 0.0792
2026-02-23 0.0637
2026-01-26 0.0536

RATING SUMMARY (%)

AAA 5.82
AA 7.61
A 13.89
BBB 32.75
BB 28.25
B 9.51
CCC 1.21
NR 0.97
Average Credit Rating BBB

FUND CHARACTERISTICS

Average Coupon % 5.65
Duration 5.72
Yield 6.53

Management team

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

CI Global Unconstrained Bond Fund

TSX TICKER : CUBD
 
Portfolio allocations4 As at 2026-09-30
Asset allocation (%)
  • Foreign Corporate Bonds 43.00
  • Canadian Corporate Bonds 32.78
  • Foreign Government Bonds 14.24
  • Canadian Government Bonds 4.95
  • Canadian Equity 3.53
  • Cash and Equivalents 1.03
  • Canadian Bonds - Other 0.23
  • Foreign Bonds - Other 0.17
  • Mortgages 0.06
  • Other 0.01
Sector allocation (%)
  • Fixed Income 95.24
  • Financial Services 1.37
  • Cash and Cash Equivalent 1.03
  • Energy 0.78
  • Real Estate 0.56
  • Telecommunications 0.50
  • Utilities 0.36
  • Technology 0.17
  • Consumer Services 0.04
  • Other -0.05
Geographic allocation(%)
  • United States 47.21
  • Canada 40.99
  • Other 6.97
  • United Kingdom 2.82
  • Ireland 0.44
  • Mexico 0.36
  • Denmark 0.32
  • Turkey 0.32
  • Indonesia 0.30
  • France 0.27
  • Argentina 0.27
Top holdings6
Sector (%)
1. iShares JPMorgan USD EM Bond ETF (EMB) Exchange Traded Fund 8.32%
2. Canada Government 3.50% 01-Dec-2057 Fixed Income 4.73%
3. CI Alternative Credit Opportunities Fund Series I Fixed Income 2.97%
4. UNITED STATES TREASURY NOTE/BOND 4.62% 15-Aug-2036 Fixed Income 2.51%
5. UNITED KINGDOM GILT 4.75% 22-Oct-2035 Fixed Income 2.50%
6. UNITED STATES TREASURY NOTE/BOND 4.75% 15-Feb-2056 Fixed Income 1.49%
7. UNITED STATES TREASURY NOTE/BOND 5.00% 15-May-2056 Fixed Income 1.33%
8. Canada Government 2.75% 01-Dec-2055 Fixed Income 0.91%
9. Apld Computeco Llc 9.25% 15-Dec-2030 Fixed Income 0.68%
10. Energy Transfer Lp 6.75% 15-Feb-2056 Fixed Income 0.65%
11. Altagas Ltd 7.20% 15-Oct-2054 Fixed Income 0.58%
12. Ford Credit Canada Co 5.05% 09-Jan-2032 Fixed Income 0.55%
13. Canada Government 1.75% 01-Dec-2053 Fixed Income 0.51%
14. Core Scientific Finance I Llc 7.75% 15-May-2031 Fixed Income 0.49%
15. RHP Hotel Properties LP 6.50% 01-Apr-2032 Fixed Income 0.47%
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.