CI First Asset Enhanced Government Bond ETF (U.S. Dollars)

Fund Overview

The Fund's investment objective is to provide long-term total returns through interest income and capital appreciation. The Fund will primarily invest in government debt, but may also invest in other debt instruments across the credit spectrum including cash, corporate debt, and debt and credit derivatives. It is intended that at all times at least 90% of the non-U.S. currency exposure attributable to the Units will be heded to the U.S. dollar.

Investor suitability
For those who:

  • want global bond exposure on a USD hedged basis
  • want to receive regular quarterly cash flows (if any)
  • can tolerate low risk.

Performance

 1m3m6mYTD1y2ySI
FGO.U 0.04%0.11%1.36%7.05%5.64%7.43%6.85%
As at: 30 Sep 2020

 

Historical NAVs

The indicated rates of return are the historical annual compounded total returns, including changes in unit value and do not take into account sales, redemption or optional charges or income taxes payable by a security holder that would have reduced returns.

Key Facts

Fund Characteristics

Weighted Average Duration4.54
Weighted Average Term to Maturity5.53
Weighted Average Coupon % *0.99
Weighted Average Yield to Maturity %0.47
Weighted Average Current Yield % *0.94
Cash and Equivalents %27.20
As at 30 Sep, 2020
* Corporate and government bonds only.

Rating Summary (%) *

AAA83.00
AA2.40
A4.80
BBB9.20
BB0.60
As at 30 Sep, 2020
* Corporate and government bonds only.

Number of securities: 104

Asset Allocation

Security Type%
Government Bond69.44%
Foreign Bond10.76%
Treasury Bill9.48%
Currency Security6.00%
Corporate Bond4.29%
Future0.03%

Top Holdings

NameSecurity TypeISINTicker %
GOVERNMENT OF CANADA - 1.50% (01/09/2024) Government BondCA135087J967 CAN 8.10
GOVERNMENT OF CANADA (22/10/2020) Treasury BillCA1350Z76Y55 CTBW 7.32
U S TREASURY BOND - 1.25% (15/05/2050) Government BondUS912810SN90 T 6.31
U S TREASURY NOTE - 1.75% (31/12/2024) Government BondUS912828YY08 T 5.26
GOVERNMENT OF CANADA - 0.50% (01/09/2025) Government BondCA135087K940 CANW 4.46
U S TREASURY NOTE - 1.88% (30/06/2026) Government BondUS9128287B09 T 2.86
GOVERNMENT OF CANADA - 0.75% (01/03/2021) Government BondCA135087F254 CAN 2.76
U S TREASURY NOTE - 0.25% (31/07/2025) Government BondUS91282CAB72 WIT 2.69
U S TREASURY NOTE - 1.50% (30/09/2024) Government BondUS912828YH74 WIT 2.67
U S TREASURY NOTE - 0.25% (30/06/2025) Government BondUS912828ZW33 WIT 2.34

As at: 30 September 2020
Holdings are subject to change

44.77%

Distributions

Distribution details (.csv)

Twelve month trailing distribution yield : 0.78% (as at 27 Oct 2020)

FGO.UTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$0.21760$0.17460$0.04300--$0.03217$0.03383$0.00040$0.08911-
2020 +$0.06210$0.06210--------
24-Sep$0.01780$0.01780--------
24-Jun$0.01520$0.01520--------
25-Mar$0.02910$0.02910--------
2019 +$0.11550$0.09750$0.01800--$0.03217--$0.08333-
30-Dec$0.01800-$0.01800--$0.00501--$0.01299-
23-Dec$0.02650$0.02650---$0.00738--$0.01912-
24-Sep$0.02610$0.02610---$0.00727--$0.01883-
24-Jun$0.02400$0.02400---$0.00669--$0.01731-
25-Mar$0.02090$0.02090---$0.00582--$0.01508-
2018 +$0.04000$0.01500$0.02500---$0.03383$0.00040$0.00578-
28-Dec$0.02500-$0.02500---$0.02114$0.00025$0.00361-
21-Dec$0.01500$0.01500----$0.01269$0.00015$0.00217-

(1) Future distribution dates may be amended at any time. (2) Reinvested distributions are not paid in cash but instead remain invested in the Fund. To recognize that these distributions have been allocated to investors for tax purposes the amounts of these distributions should be added to the adjusted cost base of the units held. (3) The characterization of distributions for tax purposes (such as dividends/other income/capital gains etc.) will not be known for certain until after the Fund's tax year end. Therefore investors will be informed of the characterization of the amounts distributed for tax purposes only for the entire year and not with each distribution. For tax purposes these amounts will be reported by brokers on official tax statements.

News

Documents

5 Oct, 2020 - ETF Facts

National Instrument 81-106 Investment Fund Continuous Disclosure requires disclosure of the proxy voting record on an annual basis for the period ending on June 30 of each year. The proxy voting record must be posted on the website no later than August 31 of each year.

Canadian securities law provides that the manager of an investment funds (in this case, CI Investments Inc. ("CI")), acting on behalf of the investment fund, has the right and obligation to vote proxies relating to the investment fund's portfolio securities. As a practical matter, CI delegates this function to the applicable portfolio manager or sub-adviser, as part of the portfolio manager's or sub-adviser's general management of the investment fund assets, subject to oversight by CI. CI generally requires that applicable portfolio managers or sub-advisers vote all proxies in the best interest of CI's funds and their securityholders, as determined solely by the portfolio manager or sub-adviser, and subject to CI's proxy voting policy, the guidelines applicable to the individual portfolio manager or sub-adviser, and applicable legislation. Portfolio managers and sub-advisers are generally expected to vote on any matter for which the investment fund receives proxy materials for a meeting of securityholders of an issuer.

Proxy voting record for the most recent year:

30 Jun, 2020 - Proxy Voting Record

Warning: Documents posted on this website (including, without limitation, prospectuses) are current only as of the date on them

To access the SEDAR filings of CI First Asset Enhanced Government Bond ETF (U.S. Dollars) please click here