CI Target 2029 Investment Grade Bond Fund

TSX TICKER : CTMB
 

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
Total net assets ($CAD)
As at 2026-04-20
$997.6 thousand
NAVPS
As at 2026-04-20
$19.9529
MER (%) Information not available
Management fee (%) 0.15
Units outstanding
As at 2026-04-20
50,000
Asset class Canadian Fixed Income
Currency CAD
CUSIP 171944101
Distribution frequency Monthly
Last distribution $0.0546
Average Credit Rating A-

Risk rating1

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

Investor suitability

For those who:
  • want exposure to a portfolio of Canadian-dollar denominated investment grade bonds with a defined maturity date
  • are looking for regular monthly income
  • can tolerate low risk

Performance2 As at 2026-03-31

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

Distribution history3

Ex-Date Total
2026-03-25 0.0546
2026-02-23 0.0550
2026-01-26 0.0592
2025-12-23 0.0536
2025-11-24 0.0713

RATING SUMMARY (%)

AAA 5.24
AA 4.13
A 33.49
BBB 55.92
BB 1.23
Average Credit Rating A-

FUND CHARACTERISTICS

Average Coupon % 3.53
Duration 3.14
Yield 3.75

Management team

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

CI Target 2029 Investment Grade Bond Fund

TSX TICKER : CTMB
 
Portfolio allocations4 As at 2026-03-31
Asset allocation (%)
  • Canadian Corporate Bonds 84.85
  • Canadian Government Bonds 12.58
  • Foreign Corporate Bonds 1.32
  • Cash and Equivalents 1.25
Sector allocation (%)
  • Fixed Income 98.75
  • Cash and Cash Equivalent 1.25
Geographic allocation(%)
  • Canada 98.46
  • United States 1.54
Top holdings6
Sector (%)
1. Royal Bank of Canada 4.00% 17-Oct-2029 Fixed Income 4.50%
2. Ontario Province 1.55% 01-Nov-2029 Fixed Income 4.11%
3. National Grid Elec Trnsmsn PLC 2.30% 22-Mar-2029 Fixed Income 3.92%
4. Dollarama Inc 2.44% 09-Jul-2029 Fixed Income 3.83%
5. SmartCentres REIT 3.53% 20-Dec-2029 Fixed Income 3.70%
6. Enbridge Inc 2.99% 03-Jul-2029 Fixed Income 3.60%
7. CPPIB Capital Inc 1.95% 30-Sep-2029 Fixed Income 3.60%
8. Royal Bank of Canada 4.83% 08-Aug-2029 Fixed Income 3.55%
9. Gildan Activewear Inc 4.36% 22-Nov-2029 Fixed Income 3.54%
10. Canadian Imperial Bank Commrce 3.80% 10-Dec-2030 Fixed Income 3.54%
11. Ontario Power Generation Inc 2.98% 13-Jun-2029 Fixed Income 3.25%
12. Bell Canada 2.90% 10-Jun-2029 Fixed Income 2.73%
13. Toyota Credit Canada Inc 3.73% 02-Oct-2029 Fixed Income 2.72%
14. Pembina Pipeline Corp 3.62% 03-Apr-2029 Fixed Income 2.71%
15. Allied Properties REIT 3.39% 15-Aug-2029 Fixed Income 2.71%
Over 35,000 financial advisors have chosen CI Global Asset Management as a partner. We believe that Canadians have the best opportunity for investments success by using the services of a professional financial advisor. Learn more at ci.com.