CI CANADIAN AGGREGATE BOND INDEX ET NON HEDGED UNITSCI CANADIAN AGGREGATE BOND INDEX ET NON HEDGED UNITSCI CANADIAN AGGREGATE BOND INDEX ET NON HEDGED UNITS

CI CANADIAN AGGREGATE BOND INDEX ET NON HEDGED UNITS

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Key stats


Assets under management (AUM)
‪1.27 B‬CAD
Fund flows (1Y)
‪1.19 B‬CAD
Dividend yield (indicated)
3.17%
Discount/Premium to NAV
0.3%
Shares outstanding
‪28.81 M‬
Expense ratio
0.22%

About CI CANADIAN AGGREGATE BOND INDEX ET NON HEDGED UNITS


Brand
CI
Inception date
Jun 22, 2017
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Bloomberg Barclays Canadian Aggregate Enhanced Yield Index - CAD
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
CI Investments, Inc.
The fund provides exposure to an index of investment-grade bonds issued by the government, agencies, and corporations in Canada that have a remaining term to maturity of at least one year. In seeking to achieve a higher yield than the Bloomberg Canadian Aggregate Bond Index, the index uses a rules-based approach consisting of four steps in determining the weighting and allocation, as well as the returns and statistics of the constituents. The first step includes reweighting the major subcomponents of the parent index using 12 buckets which are chosen based on sector, duration, and credit quality. The second and third step involves using an optimizer to set the weight of each of the 12 buckets while determining and applying constraints. Finally, after deriving the individual buckets weights, the total return and average statistics are calculated in the fourth and last step and are rebalanced on a monthly basis. The fund is designed for investors with a high risk appetite.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Broad maturities
Strategy
Multi-factor
Geography
Canada
Weighting scheme
Multi-factor
Selection criteria
Multi-factor
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Corporate
Stock breakdown by region
99%0%
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.

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

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.
CAGG trades at 44.30 CAD today, its price has fallen −0.07% in the past 24 hours. Track more dynamics on CAGG price chart.
CAGG net asset value is 44.28 today — it's fallen 0.20% 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.
CAGG assets under management is ‪1.27 B‬ 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.
CAGG price has fallen by −0.65% over the last month, and its yearly performance shows a 3.41% increase. See more dynamics on CAGG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.20% over the last month, have fallen by −0.20% over the last month, showed a −0.37% decrease in three-month performance and has increased by 5.80% in a year.
CAGG fund flows account for ‪1.19 B‬ 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.
CAGG invests in bonds. See more details in our Analysis section.
CAGG expense ratio is 0.22%. 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, CAGG 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, CAGG technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CAGG shows the sell signal. See more of CAGG technicals for a more comprehensive analysis.
Yes, CAGG pays dividends to its holders with the dividend yield of 3.17%.
CAGG trades at a premium (0.28%).
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.
CAGG shares are issued by CI Financial Corp.
CAGG follows the Bloomberg Barclays Canadian Aggregate Enhanced Yield Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 22, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.