CI Enhanced Short Dur Bd ETF Comm (FSB.TO)
9.57
+0.02
(+0.21%)
CAD |
TSX |
Apr 22, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.74% | 0.14% | 1.052B | 5622.73 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 4.01% | 237.6% | -324.79M | Upgrade |
Basic Info
| Investment Strategy | |
| The fund’s investment objective is to provide absolute returns through interest income and capital gains and its risk objective is to have very low volatility and positive returns over any twelve-month period. The fund will primarily invest in debt instruments across the credit spectrum including cash, government debt, investment-grade corporate debt, high-yield corporate debt, government debt futures, convertible debentures and credit derivatives. The fund’s strategy will primarily focus on U.S. and Canadian corporate bonds and will include the use of government bond futures to manage the duration of the fund according to the volatility objectives. To minimize interest rate volatility, the fund would typically target an overall portfolio duration of less than 2 years. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Fixed Income |
| Category Name | Global Fixed Income |
| Category Index | Morningstar Gbl Core Bd GR CAD |
| Global Category Name | Global Fixed Income |
| YCharts Categorization | Global Fixed Income |
| YCharts Benchmark | Bloomberg Global Aggregate (^BBGATR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | CI Investments Inc |
| Prospectus Benchmark Index | |
| FTSE Canada ST Corporate Bond TR CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBGATRCADH | 100.0% |
| Manager Tenure | |
| Adam Tuer | 3.41 yrs |
| Adrian Prenc | 3.41 yrs |
Performance Versus Category
As of April 22, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 22, 2024.
Basic Info
| Investment Strategy | |
| The fund’s investment objective is to provide absolute returns through interest income and capital gains and its risk objective is to have very low volatility and positive returns over any twelve-month period. The fund will primarily invest in debt instruments across the credit spectrum including cash, government debt, investment-grade corporate debt, high-yield corporate debt, government debt futures, convertible debentures and credit derivatives. The fund’s strategy will primarily focus on U.S. and Canadian corporate bonds and will include the use of government bond futures to manage the duration of the fund according to the volatility objectives. To minimize interest rate volatility, the fund would typically target an overall portfolio duration of less than 2 years. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Fixed Income |
| Category Name | Global Fixed Income |
| Category Index | Morningstar Gbl Core Bd GR CAD |
| Global Category Name | Global Fixed Income |
| YCharts Categorization | Global Fixed Income |
| YCharts Benchmark | Bloomberg Global Aggregate (^BBGATR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | CI Investments Inc |
| Prospectus Benchmark Index | |
| FTSE Canada ST Corporate Bond TR CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBGATRCADH | 100.0% |
| Manager Tenure | |
| Adam Tuer | 3.41 yrs |
| Adrian Prenc | 3.41 yrs |