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)
‪218.56 M‬CAD
Fund flows (1Y)
‪−322.87 M‬CAD
Dividend yield (indicated)
3.97%
Discount/Premium to NAV
0.1%
Shares outstanding
‪22.62 M‬
Expense ratio
0.77%

About CI Enhanced Short Duration Bond Fund


Issuer
CI Financial Corp.
Brand
CI
Inception date
Sep 7, 2017
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Primary advisor
First Asset Investment Management, Inc.
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.

Broaden your horizons with more funds linked to FSB via country, focus, and more.

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
Stock breakdown by region
0%98%1%0.4%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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 trades at 9.68 CAD today, its price has risen 0.16% in the past 24 hours. Track more dynamics on FSB price chart.
FSB net asset value is 9.67 today — it's risen 0.49% 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 assets under management is ‪218.56 M‬ CAD. 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.
FSB price has risen by 0.10% over the last month, See more dynamics on FSB price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.15% increase in three-month performance and has increased by 4.14% in a year.
FSB fund flows account for ‪−322.87 M‬ CAD (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 invests in bonds. See more details in our Analysis section.
FSB expense ratio is 0.77%. 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 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 technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FSB shows the strong buy signal. See more of FSB technicals for a more comprehensive analysis.
Yes, FSB pays dividends to its holders with the dividend yield of 3.97%.
FSB trades at a premium (0.14%).
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 shares are issued by CI Financial Corp.
FSB 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.