CI Enhanced Short Duration Bond FundCI Enhanced Short Duration Bond FundCI Enhanced Short Duration Bond Fund

CI Enhanced Short Duration Bond Fund

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Key stats


Assets under management (AUM)
‪5.80 M‬ USD
Fund flows (1Y)
‪−92.76 K‬ USD
Dividend yield (indicated)
—
Discount/Premium to NAV
0.05%
Shares outstanding
‪579.70 K‬
Expense ratio
0.74%

Fund info


Brand
CI
Inception date
Sep 7, 2017
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
CI Investments, Inc.
ISIN
CA12559E2087
CUSIP
12559E208
FIGI
BBG00HVYYCW4
Identifiers
ISIN CA12559E2087
The fund actively and primarily invests in a broad portfolio of debt securities from developed markets, specifically in the US and Canada. In seeking absolute positive returns, the fund may also hold other debt instruments across the credit spectrum such as cash, investment-grade and high-yield corporate debt, government debt and futures, convertible debentures and credit derivatives. Allocation and maturity is at the discretion of the manager, but the fund will aim to maintain an overall portfolio duration of less than 2 years. The fund is designed for investors with a low risk appetite who are seeking steady cash flow from a diversified portfolio delivering efficient exposure to the potential of short-term debt securities in the developed markets. Prior to November 2, 2020, the fund was called CI First Asset Enhanced Short Duration Bond ETF.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Short-term
Strategy
Active
Geography
North America
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Government
Cash
Breakdown by region
98%1%0.3%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently asked questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FSB.U trades at 10.01 USD today, its price has risen 0.10% in the past 24 hours. Track more dynamics on FSB.U price chart.
FSB.U net asset value is 10.00 today — it's risen 0.08% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FSB.U assets under management is ‪5.80 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
and its yearly performance shows a −0.40% decrease. See more dynamics on FSB.U price chart.
NAV returns, another gauge of an ETF dynamics, showed a −0.04% decrease in three-month performance and has increased by 2.81% in a year.
FSB.U fund flows account for ‪−131.66 K‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FSB.U invests in bonds. See more details in our Profile section.
FSB.U expense ratio is 0.74%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FSB.U isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FSB.U technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FSB.U shows the neutral signal. See more of FSB.U technicals for a more comprehensive analysis.
FSB.U trades at a premium (0.05%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FSB.U shares are issued by CI Financial Corp.
FSB.U follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 7, 2017.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.