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CI Investment Grade Bond ETF - Hedged Common Units (FIG : TSX)

Global Corp Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Close
(02-14-2025)
$9.48
Change
-$0.01 (-0.11%)
Open $9.48
Day Range $9.48 - $9.48
Volume 3,104

As at January 31, 2025

As at January 31, 2025

Period

Chart

Combination chart with 3 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 3 Y axes displaying Closing Price Volume and navigator-y-axis.
Viewing Data ranges from 2015-02-02 00:00:00 to 2025-02-14 00:00:00.
End of interactive chart.

Chart

Combination chart with 2 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 2 Y axes displaying values and navigator-y-axis.
Viewing Data ranges from 2015-02-02 00:00:00 to 2025-02-14 00:00:00.
End of interactive chart.

Legend

CI Investment Grade Bond ETF - Hedged Common Units

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Fund Returns

Inception Return (October 23, 2009): 3.10%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.84% 1.66% 3.04% 0.84% 6.78% 4.85% 0.61% -0.56% 0.51% 1.66% 1.76% 1.94% 2.42% 1.79%
Benchmark 1.35% 3.08% 5.10% 1.35% 10.96% 7.94% 2.94% 0.81% 1.40% 3.04% 3.31% 3.20% 2.54% 2.96%
Category Average 0.75% 2.89% 2.89% 0.75% 6.26% 5.40% 1.49% 0.82% 1.64% 2.76% - - - -
Category Rank 89 / 158 81 / 158 87 / 154 89 / 158 62 / 116 70 / 113 72 / 103 71 / 96 67 / 93 66 / 91 58 / 83 52 / 75 45 / 66 41 / 52
Quartile Ranking 3 3 3 3 3 3 3 3 3 3 3 3 3 4

Monthly Return

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -1.4245 to 3.4206.
End of interactive chart.
Monthly Return
Return % Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
Fund -0.02% 0.58% -1.42% 1.51% 0.93% 2.03% 0.34% 1.68% -0.66% 1.47% -0.64% 0.84%
Benchmark 0.16% 0.87% -0.72% 1.05% 0.71% 3.42% -0.54% 2.07% 0.44% 1.01% 0.69% 1.35%

Best Monthly Return Since Inception

4.28% (January 2010)

Worst Monthly Return Since Inception

-3.84% (June 2013)

Calendar Return (%)

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -12.253588 to 15.407616.
End of interactive chart.
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.20% 4.59% 4.54% 0.64% 6.30% 8.15% -2.01% -12.25% 6.25% 5.40%
Benchmark 15.41% 0.66% 2.08% 5.22% 5.81% 8.39% -3.78% -10.63% 6.54% 10.41%
Category Average - - - - 9.03% 6.89% 0.56% -10.54% 7.62% 5.63%
Quartile Ranking 4 4 3 1 3 1 4 3 4 3
Category Rank 42/ 52 55/ 66 39/ 75 11/ 82 66/ 88 18/ 92 87/ 96 77/ 103 88/ 113 62/ 114

Best Calendar Return (Last 10 years)

8.15% (2020)

Worst Calendar Return (Last 10 years)

-12.25% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 56.13
Foreign Government Bonds 21.83
Cash and Equivalents 8.03
Canadian Government Bonds 7.25
Foreign Corporate Bonds 6.88
Other -0.12

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 91.97
Cash and Cash Equivalent 8.03

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00
Europe 0.00

Top Holdings

Top Holdings
Name Percent
United States Treasury 4.25% 15-Nov-2034 18.77
Canada Government 2.75% 01-Dec-2055 1.98
United States Treasury 4.38% 31-Dec-2029 1.76
ARC Resources Ltd 3.47% 10-Mar-2031 1.54
US DOLLAR 1.54
ROYAL BANK OF CANADA 4.28% 04-Feb-2035 1.22
Transcanada Pipelines Ltd 3.80% 05-Feb-2027 1.20
Teranet Holdings LP 3.54% 11-Jun-2025 1.17
Molson Coors International LP 3.44% 15-Apr-2026 1.08
United States Treasury 4.50% 15-Nov-2054 1.07

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Chart

Scatter chart with 3 data series.
The chart has 1 X axis displaying Risk (Annualized Standard Deviation). Data ranges from 3.3394 to 11.9744.
The chart has 1 Y axis displaying Return. Data ranges from -4.658811 to 7.933038.
End of interactive chart.

CI Investment Grade Bond ETF - Hedged Common Units

Median

Other - Global Corp Fixed Income

3 Yr Annualized

Standard Deviation 5.88% 5.57% 4.49%
Beta 0.74% 0.67% 0.44%
Alpha -0.02% 0.00% 0.00%
Rsquared 0.73% 0.62% 0.43%
Sharpe -0.50% -0.30% 0.05%
Sortino -0.52% -0.55% -0.34%
Treynor -0.04% -0.03% 0.01%
Tax Efficiency - - 11.02%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.71% 5.88% 5.57% 4.49%
Beta 0.75% 0.74% 0.67% 0.44%
Alpha -0.01% -0.02% 0.00% 0.00%
Rsquared 0.60% 0.73% 0.62% 0.43%
Sharpe 0.65% -0.50% -0.30% 0.05%
Sortino 1.72% -0.52% -0.55% -0.34%
Treynor 0.03% -0.04% -0.03% 0.01%
Tax Efficiency 75.39% - - 11.02%

Fund Details

Start Date October 23, 2009
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $168
52 Week High $9.58
52 Week Low $8.55
Annual Dividend $0.38
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

The objectives of the CI ETF are: (i) to provide unitholders with monthly cash distributions; and (ii) to maximize total returns for unitholders consisting primarily of monthly distributions, while reducing risk and preserving capital.

Investment Strategy

The portfolio shall consist primarily of U.S., Canadian and European investment grade bonds and investment grade debt securities. The CI ETF may also invest up to 20% of the Portfolio in non-investment grade debt securities or high-yield corporate bonds rated, in each case, BB- or better (by Standard and Poors, or the equivalent rating and another nationally recognized credit rating agency).

Portfolio Manager(s)

Name Start Date
Paul Sandhu 10-16-2020
Adam Tuer 10-16-2020
CI Global Asset Management 06-22-2021

Management and Organization

Fund Manager CI Global Asset Management
Advisor CI Global Asset Management
Custodian CIBC Mellon Trust Company
Registrar TSX Trust Company
Distributor -
Auditor Ernst & Young LLP

Fees

MER 0.77%
Management Fee 0.65%

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