Purpose Global Bond Class (IGB.TO)
About this ETF
The fund aims to provide investors with exposure to a broad and varied portfolio of income-producing securities. These holdings can encompass corporate bonds, government bonds, various notes, floating rate notes, convertible bonds, preferred shares, and bank loans, issued by entities located in North America or internationally. While primarily invested in investment-grade debt, the fund is permitted to allocate up to 20% of its assets to higher-yielding bonds and up to 15% to structured credit products, such as CLO debt tranches and other asset-backed securities. The portfolio's composition may also include senior or subordinated debt, secured or unsecured debt, convertible debt, fixed or floating-rate debt, bank loans, money market instruments, and investments in other funds. To generate additional income, the fund…
Price
Top 10 holdings
This fund does not disclose a securities portfolio (e.g. physically-backed or synthetic products).
Sector mix
Price chart
Returns
| 1 month | -0.55% |
| 3 months | -1.10% |
| 6 months | -2.07% |
| Year to date | -1.85% |
| 1 year | -1.85% |
| 3 years (ann.) | +1.43% |
| 5 years (ann.) | -2.11% |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 3.09% |
| Sharpe (1y) | -0.59 |
| Sharpe (3y) | 0.36 |
| Sortino (1y) | -0.79 |
| Max drawdown (1y) | -5.17% |
| Max drawdown (5y) | -17.44% |
| Max drawdown (full) | -18.20% |
| Beta vs S&P 500 (1y) | 0.08 |
| Correlation vs S&P 500 (1y) | 0.31 |
Technical outlook as of 2026-07-14
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
This fund does not disclose a securities portfolio (e.g. physically-backed commodity products or some synthetic structures).
Sector breakdown
Cost vs. peers
Comparison universe: 1,710 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-26 | 2026-07-03 | CAD 0.0723 |
| 2026-05-27 | 2026-06-02 | CAD 0.0723 |
| 2026-04-28 | 2026-05-04 | CAD 0.0723 |
| 2026-03-27 | 2026-04-02 | CAD 0.0723 |
| 2026-02-25 | 2026-03-03 | CAD 0.0723 |
| 2026-01-28 | 2026-02-03 | CAD 0.0723 |
| 2025-12-29 | 2026-01-05 | CAD 0.0723 |
| 2025-11-26 | 2025-12-02 | CAD 0.0723 |
| 2025-10-29 | 2025-11-04 | CAD 0.0723 |
| 2025-09-25 | 2025-10-02 | CAD 0.0723 |
| 2025-08-27 | 2025-09-03 | CAD 0.0723 |
| 2025-07-29 | 2025-08-05 | CAD 0.0723 |
| 2025-06-26 | 2025-07-03 | CAD 0.0860 |
| 2025-05-28 | 2025-06-03 | CAD 0.0860 |
| 2025-04-28 | 2025-05-02 | CAD 0.0860 |
| 2025-03-27 | 2025-04-02 | CAD 0.0860 |
| 2025-02-26 | 2025-03-04 | CAD 0.0860 |
| 2025-01-29 | 2025-02-04 | CAD 0.0860 |
| 2024-12-27 | 2025-01-06 | CAD 0.0860 |
| 2024-11-27 | 2024-12-03 | CAD 0.0860 |
| 2024-10-29 | 2024-11-04 | CAD 0.0860 |
| 2024-09-26 | 2024-10-02 | CAD 0.0860 |
| 2024-08-28 | 2024-09-04 | CAD 0.0860 |
| 2024-07-29 | 2024-08-02 | CAD 0.0860 |
| 2024-06-26 | 2024-07-03 | CAD 0.0729 |
| 2024-05-29 | 2024-06-04 | CAD 0.0729 |
| 2024-04-25 | 2024-05-07 | CAD 0.0729 |
| 2024-03-25 | 2024-04-05 | CAD 0.0729 |
| 2024-02-26 | 2024-03-07 | CAD 0.0729 |
| 2024-01-26 | 2024-02-07 | CAD 0.0729 |
| 2023-12-22 | 2024-01-08 | CAD 0.0729 |
| 2023-11-27 | 2023-12-07 | CAD 0.0678 |
| 2023-10-26 | 2023-11-07 | CAD 0.0678 |
| 2023-09-26 | 2023-10-10 | CAD 0.0678 |
| 2023-08-28 | 2023-09-08 | CAD 0.0678 |
| 2023-07-26 | 2023-08-08 | CAD 0.0678 |
| 2023-06-27 | 2023-07-10 | CAD 0.0678 |
| 2023-05-26 | 2023-06-07 | CAD 0.0678 |
| 2023-04-25 | 2023-05-05 | CAD 0.0678 |
| 2023-03-28 | 2023-04-10 | CAD 0.0678 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 4.00% | -0.14% | -0.02 |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 4.02% | -0.05% | 0.01 |
| Vanguard Total International Bond ETF BNDX | 0.07% | 122.00B | 4.51% | -2.34% | -0.55 |
| iShares 0-3 Month Treasury Bond ETF SGOV | 0.09% | 97.69B | 3.80% | +0.01% | 0.01 |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 4.16% | -0.62% | -0.21 |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 4.02% | -0.78% | -0.36 |
| Vanguard Intermediate-Term Corporate Bond ETF VCIT | 0.03% | 68.70B | 4.85% | -0.39% | -0.07 |
| Vanguard Intermediate-Term Bond ETF BIV | 0.03% | 52.20B | 4.26% | -0.64% | -0.13 |
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 4.46% | -0.57% | -0.24 |
| Vanguard Intermediate-Term Treasury ETF VGIT | 0.03% | 49.50B | 3.88% | -1.01% | -0.27 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 0.0% |
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 0.0% |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 0.0% |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 0.0% |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 0.0% |

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