Corporate Class CI First Asset Short Term Government Bond Index Class ETF

Fund Overview

The Fund has been designed to replicate, to the extent possible, the performance of a Canadian short term government bond index, currently the FTSE Canada Short Term Government Bond Index (the "Index"), net of expenses. Under normal market conditions, the Fund will primarily invest in Canadian federal, provincial and municipal bonds issued domestically in Canada in Canadian dollars.

Investor suitability
For those who:

  • want short-term bond exposure to minimize interest rate risk
  • want government bond exposure to minimize credit risk
  • want to receive regular monthly cash flows (if any)
  • Can tolerate low risk.

Performance

 1m3m6mYTD1y2y3y4ySI
FGB 0.13%0.25%1.36%4.41%4.26%3.99%2.72%1.61%1.49%
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.

The Fund is not in any way sponsored, endorsed, sold or promoted by, FTSE Debt Capital Markets Inc. ("FTDCM"), FTSE International limited ("FTSE") or the London Stock Exchange Group companies (the "Exchange")(FTDCM and together with FTSE and the Exchange, the "Licensor Parties"). The Licensor Parties make no warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the Index and/or the figure at which the said Index stands at any particular time on any particular day or otherwise. The Index is compiled and calculated by FTDCM and all copyright in the Index values and constituent lists vests in FTDCM. The Licensor Parties shall not be liable (whether in negligence or otherwise) to any person for any error in the Index and the Licensor Parties shall not be under any obligation to advise any person of any error therein. The Index is a trademark of FTSE Global Debt Capital Markets Inc., incorporating "FTSE®" under license. "FTSE®" is a trade mark of the London Stock Exchange Group companies and is used by FTDCM under licence.

Key Facts

Fund Characteristics

Weighted Average Duration2.90
Weighted Average Term to Maturity3.00
Weighted Average Coupon %2.20
Weighted Average Yield to Maturity %0.38
Weighted Average Current Yield %2.07
As at 30 Sep, 2020

Rating Summary (%)

AAA70.30
AA27.10
A2.60
As at 30 Sep, 2020

Number of securities: 52

Asset Allocation

Security Type%
Government Bond98.77%
Corporate Bond1.23%

Holdings

NameSecurity TypeISINTicker %
GOVERNMENT OF CANADA - 2.75% (01/06/2022) Government BondCA135087ZU15 CAN CN 8.24
GOVERNMENT OF CANADA - 0.50% (01/09/2025) Government BondCA135087K940 CANW 5.41
GOVERNMENT OF CANADA - 2.25% (01/06/2025) Government BondCA135087D507 CAN 4.02
GOVERNMENT OF CANADA - 2.00% (01/09/2023) Government BondCA135087H987 CAN 3.94
CANADA HOUSING TRUST NO.1 - 2.40% (15/12/2022) Government BondCA13509PDL46 CANHOU CN 3.48
GOVERNMENT OF CANADA - 1.75% (01/03/2023) Government BondCA135087H490 CAN CN 3.47
PROV OF ONTARIO - 2.60% (02/06/2025) Government BondCA68323ACX06 ONT 3.36
CANADA HOUSING TRUST NO.1 - 2.90% (15/06/2024) Government BondCA13509PEF68 CANHOU 3.31
PROV OF ONTARIO - 3.50% (02/06/2024) Government BondCA68323ACG72 ONT 3.29
GOVERNMENT OF CANADA - 0.25% (01/11/2022) Government BondCA135087L369 CANW 3.22
CANADA HOUSING TRUST NO.1 - 2.55% (15/12/2023) Government BondCA13509PGU18 CANHOU CN 2.56
CANADA HOUSING TRUST NO.1 - 3.15% (15/09/2023) Government BondCA13509PDY66 CANHOU 2.49
CANADA HOUSING TRUST NO 1 - 0.95% (15/06/2025) Government BondCA13509PHN65 CANHOU 2.39
GOVERNMENT OF CANADA - 1.50% (01/06/2023) Government BondCA135087A610 CAN 2.32
CANADA HOUSING TRUST NO 1 - 1.80% (15/12/2024) Government BondCA13509PHJ53 CANHOU 2.22
PROV OF QUEBEC - 3.50% (01/12/2022) Government BondCA74814ZEL37 Q 2.18
GOVERNMENT OF CANADA - 0.50% (01/03/2022) Government BondCA135087G328 CAN CN 2.17
GOVERNMENT OF CANADA - 2.25% (01/03/2024) Government BondCA135087J546 CAN 1.97
PROV OF ONTARIO - 3.15% (02/06/2022) Government BondCA68323AAW41 ONT 1.96
PROV OF QUEBEC - 4.25% (01/12/2021) Government BondCA74814ZEH25 Q 1.88
PROV OF ONTARIO - 1.75% (08/09/2025) Government BondCA68333ZAK36 ONT 1.85
CANADA HOUSING TRUST NO.1 - 1.75% (15/06/2022) Government BondCA13509PFY49 CANHOU CN 1.82
CANADA HOUSING TRUST NO 1 - 1.50% (15/12/2021) Government BondCA13509PFV00 CANHOU 1.82
CANADA HOUSING TRUST NO 1 - 2.35% (15/06/2023) Government BondCA13509PGM91 CANHOU CN 1.75
GOVERNMENT OF CANADA - 2.50% (01/06/2024) Government BondCA135087B451 CAN CN 1.67
GOVERNMENT OF CANADA - 1.50% (01/09/2024) Government BondCA135087J967 CAN 1.66
PROV OF ONTARIO - 2.60% (08/09/2023) Government BondCA68333ZAB37 ONT 1.65
PROV OF ONTARIO - 2.85% (02/06/2023) Government BondCA68323ABN33 ONT CN 1.61
GOVERNMENT OF CANADA - 0.25% (01/08/2022) Government BondCA135087L286 CAN 1.58
PROV OF QUEBEC - 3.75% (01/09/2024) Government BondCA74814ZES89 Q 1.43
PROV OF QUEBEC - 2.75% (01/09/2025) Government BondCA74814ZEV19 Q 1.42
GOVERNMENT OF CANADA - 1.25% (01/03/2025) Government BondCA135087K528 CAN 1.23
CANADA HOUSING TRUST NO 1 - 2.65% (15/03/2022) Corporate BondCA13509PDB63 CANHOU CN 1.22
GOVERNMENT OF CANADA - 1.25% (01/11/2021) Government BondCA135087K452 CAN CN 1.16
PROV OF ONTARIO - 1.35% (08/03/2022) Government BondCA68323AEA84 ONT 1.10
PROV OF QUEBEC - 2.45% (01/03/2023) Government BondCA748148BY81 Q 1.09
GOVERNMENT OF CANADA - 1.50% (01/02/2022) Government BondCA135087K601 CAN CN 0.94
PROV OF MANITOBA - 2.55% (02/06/2023) Government BondCA563469UA15 MP 0.93
PROV OF BRITISH COLUMBIA - 2.85% (18/06/2025) Government BondCA11070TAF53 BRCOL 0.87
PROV OF ALBERTA - 2.55% (15/12/2022) Government BondCA013051DG93 ALTA 0.86
PROV OF BRITISH COLUMBIA - 3.30% (18/12/2023) Government BondCA110709GF34 BRCOL 0.86
CANADA HOUSING TRUST NO.1 - 2.55% (15/03/2025) Government BondCA13509PER07 CANHOU 0.85
PROV OF NEW BRUNSWICK - 2.85% (02/06/2023) Government BondCA642869AF87 NBRNS 0.78
PROV OF QUEBEC - 3.00% (01/09/2023) Government BondCA74814ZEP41 Q 0.77
PROV OF BRITISH COLUMBIA - 2.70% (18/12/2022) Government BondCA110709GB20 BRCOL CN 0.75
PROV OF ALBERTA - 2.35% (01/06/2025) Government BondCA013051DQ75 ALTA 0.74
PROV OF MANITOBA - 2.45% (02/06/2025) Government BondCA563469UE37 MP 0.60
PROV OF ONTARIO - 2.65% (05/02/2025) Government BondCA68323AER10 ONT 0.55
PROV OF ONTARIO - 2.30% (08/09/2024) Government BondCA68333ZAF41 ONT 0.54
PROV OF ALBERTA - 3.10% (01/06/2024) Government BondCA013051DM61 ALTA 0.54
PROV OF BRITISH COLUMBIA - 3.25% (18/12/2021) Government BondCA110709BJ01 BRCOL 0.53
PROV OF MANITOBA - 4.40% (05/09/2025) Government BondCA56344ZPH69 MP 0.31

As at: 19 October 2020
Holdings are subject to change

99.36%

Distributions

Distribution details (.csv)

Twelve month trailing distribution yield : 1.94% (as at 19 Oct 2020)

FGBTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$1.87780$1.87780-----$1.56580--
2020 +$0.31200$0.31200--------
26-Oct$0.02890$0.02890--------
24-Sep$0.02950$0.02950--------
25-Aug$0.03040$0.03040--------
27-Jul$0.03080$0.03080--------
24-Jun$0.03130$0.03130--------
25-May$0.03180$0.03180--------
24-Apr$0.03160$0.03160--------
25-Mar$0.03170$0.03170--------
24-Feb$0.03300$0.03300--------
27-Jan$0.03300$0.03300--------
2019 +$0.39240$0.39240-----$0.39240--
23-Dec$0.03300$0.03300-----$0.03300--
25-Nov$0.03300$0.03300-----$0.03300--
25-Oct$0.03300$0.03300-----$0.03300--
24-Sep$0.03300$0.03300-----$0.03300--
26-Aug$0.03290$0.03290-----$0.03290--
25-Jul$0.03290$0.03290-----$0.03290--
24-Jun$0.03290$0.03290-----$0.03290--
27-May$0.03250$0.03250-----$0.03250--
24-Apr$0.03250$0.03250-----$0.03250--
25-Mar$0.03250$0.03250-----$0.03250--
22-Feb$0.03210$0.03210-----$0.03210--
25-Jan$0.03210$0.03210-----$0.03210--
2018 +$0.38510$0.38510-----$0.38510--
21-Dec$0.03210$0.03210-----$0.03210--
26-Nov$0.03200$0.03200-----$0.03200--
25-Oct$0.03200$0.03200-----$0.03200--
24-Sep$0.03200$0.03200-----$0.03200--
27-Aug$0.03120$0.03120-----$0.03120--
25-Jul$0.03220$0.03220-----$0.03220--
25-Jun$0.03120$0.03120-----$0.03120--
25-May$0.03220$0.03220-----$0.03220--
24-Apr$0.03220$0.03220-----$0.03220--
23-Mar$0.03220$0.03220-----$0.03220--
22-Feb$0.03290$0.03290-----$0.03290--
25-Jan$0.03290$0.03290-----$0.03290--
2017 +$0.40740$0.40740-----$0.40740--
28-Dec$0.03290$0.03290-----$0.03290--
29-Nov$0.03290$0.03290-----$0.03290--
30-Oct$0.03290$0.03290-----$0.03290--
28-Sep$0.03290$0.03290-----$0.03290--
30-Aug$0.03280$0.03280-----$0.03280--
28-Jul$0.03280$0.03280-----$0.03280--
29-Jun$0.03280$0.03280-----$0.03280--
30-May$0.03500$0.03500-----$0.03500--
27-Apr$0.03500$0.03500-----$0.03500--
30-Mar$0.03500$0.03500-----$0.03500--
27-Feb$0.03620$0.03620-----$0.03620--
30-Jan$0.03620$0.03620-----$0.03620--
2016 +$0.38090$0.38090-----$0.38090--
29-Dec$0.03620$0.03620-----$0.03620--
29-Nov$0.03620$0.03620-----$0.03620--
28-Oct$0.03620$0.03620-----$0.03620--
29-Sep$0.03620$0.03620-----$0.03620--
30-Aug$0.03780$0.03780-----$0.03780--
28-Jul$0.03780$0.03780-----$0.03780--
29-Jun$0.03810$0.03810-----$0.03810--
30-May$0.04000$0.04000-----$0.04000--
28-Apr$0.04290$0.04290-----$0.04290--
30-Mar$0.03950$0.03950-----$0.03950--

(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

11 Apr 2016 First Asset Opens the Market First Asset

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 Short Term Government Bond Index Class ETF please click here