CI Target 2029 Investment Grade Bond Fund

Series I CAD

Not available to retail investors / for approved investors only
 

Fund overview

The fund’s investment objective is to generate income over a specified period by investing in a portfolio primarily made up of Canadian dollar-denominated investment grade bonds, with an effective maturity date in 2029. The fund will terminate on or about November 30, 2029, or such earlier date upon not less than 60 days' notice to unitholders.

Fund details

description of elementelement value
Inception date October 2025
CAD Total net assets ($CAD)
As at 2026-08-31
$4.5 million
NAVPS
As at 2026-09-18
$9.9309
MER (%)
As at 2026-03-31
0.00
Management fee (%) Negotiable
Asset class Canadian Fixed Income
Currency CAD
Minimum investment Negotiable
Distribution frequency Monthly
Last distribution $0.0241
Average Credit Rating A-

Risk rating1

  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High

FUND CODES

I 5251
A ISC 2551
DSC 3551
F 4551
P 90075

Performance2 As at 2026-08-31

*Fund performance is not available for funds with a history of less than one year.

Distribution history3

Payable date Total
2026-08-28 0.0241
2026-07-24 0.0242
2026-06-26 0.0223
2026-05-22 0.0180
2026-04-24 0.0201
Payable date Total
2026-03-27 0.0186
2026-02-20 0.0113
2026-01-23 0.0094
2025-12-29 0.0309
2025-11-21 0.0385

RATING SUMMARY (%)

AAA 3.52
AA 2.46
A 34.55
BBB 56.44
BB 3.03
Average Credit Rating A-

FUND CHARACTERISTICS

Average Coupon % 3.71
Duration 2.75
Yield 3.94

Management team

First we'll display the Team Company and then the Team members
John Shaw
Jason Anderson

CI Target 2029 Investment Grade Bond Fund

Series I CAD

Not available to retail investors / for approved investors only
 
Portfolio allocations4 As at 2026-08-31
Asset allocation (%)
  • Canadian Corporate Bonds 91.45
  • Canadian Government Bonds 7.49
  • Foreign Corporate Bonds 0.98
  • Cash and Equivalents 0.09
  • Other -0.01
Sector allocation (%)
  • Fixed Income 99.92
  • Cash and Cash Equivalent 0.09
  • Other -0.01
Geographic allocation(%)
  • Canada 99.03
  • United States 0.98
  • Other -0.01
Top holdings6
Sector (%)
1. John Deere Financial Inc 3.55% 12-Jun-2029 Fixed Income 4.28%
2. Toyota Credit Canada Inc 3.73% 02-Oct-2029 Fixed Income 4.01%
3. CNH Industrial Cptl Canada Ltd 3.75% 05-May-2029 Fixed Income 3.86%
4. Transcanada Pipelines Ltd 3.00% 18-Jun-2029 Fixed Income 3.54%
5. Telus Corp 3.30% 02-Feb-2029 Fixed Income 3.42%
6. Rogers Communications Inc 3.25% 01-Feb-2029 Fixed Income 3.42%
7. Bank of Nova Scotia 3.84% 26-Sep-2029 Fixed Income 3.40%
8. Federation Csses Desjardins Qc 3.80% 24-Sep-2029 Fixed Income 3.40%
9. Brookfield Infra Finance ULC 3.41% 09-Jul-2029 Fixed Income 3.30%
10. SmartCentres REIT 3.53% 20-Dec-2029 Fixed Income 3.30%
11. Sun Life Financial Inc 4.78% 10-Aug-2029 Fixed Income 3.21%
12. Choice Properties REIT 3.53% 11-Jun-2029 Fixed Income 3.20%
13. Gildan Activewear Inc 4.36% 22-Nov-2029 Fixed Income 3.20%
14. Loblaw Cos Ltd 3.56% 12-Dec-2029 Fixed Income 3.11%
15. Husky Midstream LP 4.10% 02-Dec-2029 Fixed Income 3.08%
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