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CIBC Global Bond ex-Canada Index ETF (CAD-Hedged)
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Fund Ticker
CGBI
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Closing NAV Price
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Closing Market Price
Investment objective
This ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a global aggregate bond index that measures the investment return of the global investment grade bond market. Currently, this CIBC ETF seeks to track the Morningstar® Global ex-Canada Core Bond Hedged CAD Index™ (or any successor thereto).
Why consider this ETF?
- Enjoy low cost, transparent exposure to global investment grade bonds
- Implement as a core fixed income holding within a diversified portfolio
- Benefit from comprehensive global bond access
- Mitigate the fluctuation of foreign currency against the Canadian dollar
- Take a hands-off approach to investing with a fund that aims to replicate the index return before costs