CI First Asset Long Duration Fixed Income ETF

Fund Overview

The ETF's investment objective is to provide Unitholders with: (a) regular distributions; and (b) the opportunity for capital appreciation from the performance of a portfolio comprised primarily of longer dated Canadian, U.S. and developed market government issued fixed income securities.

Investor suitability
For those who:

  • want long-term government bond exposure
  • want higher income potential and lower correlation to equity markets relative to traditional short- or medium-term bonds
  • want to receive regular monthly cash flows (if any)
  • can tolerate low to medium risk.

Performance

 1m3m6mYTD1y2y3y4ySI
FLB 0.46%-0.94%8.99%11.59%8.78%12.97%8.97%4.42%5.38%
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.


Number of securities: 52

Asset Allocation

Security Type%
Government Bond97.37%
Treasury Bill1.98%
Corporate Bond0.49%
Currency Security0.16%

Top Holdings

NameSecurity TypeISINTicker %
PROV OF ONTARIO - 2.90% (02/12/2046) Government BondCA68323ACY88 ONT 13.15
PROV OF ONTARIO - 2.65% (02/12/2050) Government BondCA68333ZAG24 ONT 12.04
PROV OF ONTARIO - 2.05% (02/06/2030) Government BondCA68333ZAH07 ONT 9.04
PROV OF ONTARIO - 1.90% (02/12/2051) Government BondCA68333ZAL19 ONT 8.66
PROV OF ONTARIO - 2.80% (02/06/2048) Government BondCA68323ADZ45 ONT 6.70
GOVERNMENT OF CANADA - 2.75% (01/12/2064) Government BondCA135087C939 CANADA 6.62
PROV OF MANITOBA - 3.20% (05/03/2050) Government BondCA563469US23 MP 6.27
PROV OF ALBERTA - 2.05% (01/06/2030) Government BondCA013051EG84 ALTA 4.90
PROV OF ALBERTA - 3.10% (01/06/2050) Government BondCA013051ED53 ALTA 4.25
PROV OF ONTARIO - 2.70% (02/06/2029) Government BondCA68333ZAE75 ONT CN 3.45

As at: 30 September 2020
Holdings are subject to change

75.08%

Distributions

Distribution details (.csv)

Twelve month trailing distribution yield : 2.08% (as at 19 Oct 2020)

FLBTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$2.51680$2.19530$0.32150--$1.65377$0.36970$0.03950$0.07591$0.00568
2020 +$0.38360$0.38360--------
26-Oct$0.03380$0.03380--------
24-Sep$0.03370$0.03370--------
25-Aug$0.03270$0.03270--------
27-Jul$0.03280$0.03280--------
24-Jun$0.03990$0.03990--------
25-May$0.04380$0.04380--------
24-Apr$0.04050$0.04050--------
25-Mar$0.04120$0.04120--------
24-Feb$0.04260$0.04260--------
27-Jan$0.04260$0.04260--------
2019 +$0.51280$0.51280---$0.51280----
23-Dec$0.04260$0.04260---$0.04260----
25-Nov$0.04110$0.04110---$0.04110----
25-Oct$0.04110$0.04110---$0.04110----
24-Sep$0.04110$0.04110---$0.04110----
26-Aug$0.04290$0.04290---$0.04290----
25-Jul$0.04290$0.04290---$0.04290----
24-Jun$0.04290$0.04290---$0.04290----
27-May$0.04400$0.04400---$0.04400----
24-Apr$0.04400$0.04400---$0.04400----
25-Mar$0.04400$0.04400---$0.04400----
22-Feb$0.04310$0.04310---$0.04310----
25-Jan$0.04310$0.04310---$0.04310----
2018 +$0.51730$0.51730---$0.44265-$0.03941$0.03524-
21-Dec$0.04310$0.04310---$0.03688-$0.00328$0.00294-
26-Nov$0.04130$0.04130---$0.03534-$0.00315$0.00281-
25-Oct$0.04130$0.04130---$0.03534-$0.00315$0.00281-
24-Sep$0.04130$0.04130---$0.03534-$0.00315$0.00281-
27-Aug$0.04360$0.04360---$0.03731-$0.00332$0.00297-
25-Jul$0.04360$0.04360---$0.03731-$0.00332$0.00297-
25-Jun$0.04360$0.04360---$0.03731-$0.00332$0.00297-
25-May$0.04310$0.04310---$0.03688-$0.00328$0.00294-
24-Apr$0.04310$0.04310---$0.03688-$0.00328$0.00294-
23-Mar$0.04310$0.04310---$0.03688-$0.00328$0.00294-
22-Feb$0.04510$0.04510---$0.03859-$0.00344$0.00307-
25-Jan$0.04510$0.04510---$0.03859-$0.00344$0.00307-
2017 +$0.51070$0.51070---$0.43734$0.03837-$0.04067$0.00568
28-Dec$0.04510$0.04510---$0.03862$0.00339-$0.00359$0.00050
29-Nov$0.04630$0.04630---$0.03965$0.00347-$0.00369$0.00051
30-Oct$0.04630$0.04630---$0.03965$0.00347-$0.00369$0.00051
28-Sep$0.04630$0.04630---$0.03965$0.00347-$0.00369$0.00051
30-Aug$0.04220$0.04220---$0.03614$0.00317-$0.00336$0.00047
28-Jul$0.04220$0.04220---$0.03614$0.00317-$0.00336$0.00047
29-Jun$0.04220$0.04220---$0.03614$0.00317-$0.00336$0.00047
30-May$0.03930$0.03930---$0.03365$0.00296-$0.00313$0.00044
27-Apr$0.03930$0.03930---$0.03365$0.00296-$0.00313$0.00044
30-Mar$0.03930$0.03930---$0.03365$0.00296-$0.00313$0.00044
27-Feb$0.04110$0.04110---$0.03520$0.00309-$0.00327$0.00046
30-Jan$0.04110$0.04110---$0.03520$0.00309-$0.00327$0.00046
2016 +$0.59240$0.27090$0.32150--$0.26098$0.33133$0.00009--
29-Dec$0.32150-$0.32150--$0.14166$0.17982$0.00002--
29-Dec$0.04110$0.04110---$0.01810$0.02299$0.00001--
29-Nov$0.04130$0.04130---$0.01819$0.02310$0.00001--
28-Oct$0.04130$0.04130---$0.01819$0.02310$0.00001--
29-Sep$0.04130$0.04130---$0.01819$0.02310$0.00001--
30-Aug$0.03530$0.03530---$0.01555$0.01974$0.00001--
28-Jul$0.03530$0.03530---$0.01555$0.01974$0.00001--
29-Jun$0.03530$0.03530---$0.01555$0.01974$0.00001--

(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

23 Feb 2018 Actively managed ETFs just keep getting hotter The Globel and Mail | Clare O'Hara

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 Long Duration Fixed Income ETF please click here