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 2026-10-21
$2.0 million
NAVPS
As at 2026-10-21
$19.7400
MER (%)
As at 2026-03-31
0.23
Management fee (%) 0.15
Units outstanding
As at 2026-10-21
100,000
Asset class Canadian Fixed Income
Currency CAD
CUSIP 171944101
Distribution frequency Monthly
Last distribution $0.0521
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 2026-09-30

Growth of $10,000 (Since inception date)

growth of 10k graph

Calendar year performance

annual performance graph

average annual compound returns

YTD 1 Mo 3 Mo 6 Mo 1 Y 3 Y 5 Y 10 Y Inception*
0.67% -0.61% -0.77% 0.62% 1.04% - - - 1.18%
*Since inception date

Distribution history3

Ex-Date Total
2026-09-23 0.0521
2026-08-25 0.0415
2026-07-27 0.0491
2026-06-24 0.0352
2026-05-22 0.0466
Ex-Date Total
2026-04-24 0.0329
2026-03-25 0.0546
2026-02-23 0.0550
2026-01-26 0.0592
2025-12-23 0.0536

RATING SUMMARY (%)

AAA 2.50
AA 1.76
A 35.21
BBB 58.37
BB 2.17
Average Credit Rating A-

FUND CHARACTERISTICS

Average Coupon % 3.76
Duration 2.68
Yield 4.28

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

TSX TICKER : CTMB
 
Portfolio allocations4 As at 2026-09-30
Asset allocation (%)
  • Canadian Corporate Bonds 93.92
  • Canadian Government Bonds 5.31
  • Foreign Corporate Bonds 0.70
  • Cash and Equivalents 0.08
  • Other -0.01
Sector allocation (%)
  • Fixed Income 99.93
  • Cash and Cash Equivalent 0.08
  • Other -0.01
Geographic allocation(%)
  • Canada 99.29
  • United States 0.72
  • Other -0.01
Top holdings6
Sector (%)
1. SmartCentres REIT 3.53% 20-Dec-2029 Fixed Income 4.21%
2. Choice Properties REIT 3.53% 11-Jun-2029 Fixed Income 4.17%
3. Royal Bank of Canada 4.83% 08-Aug-2029 Fixed Income 3.93%
4. BMW CANADA INC 3.70% 05-Sep-2029 Fixed Income 3.88%
5. Toyota Credit Canada Inc 3.73% 02-Oct-2029 Fixed Income 3.65%
6. CGI INC 4.20% 14-Dec-2029 Fixed Income 3.53%
7. John Deere Financial Inc 3.55% 12-Jun-2029 Fixed Income 3.53%
8. Sun Life Financial Inc 4.78% 10-Aug-2029 Fixed Income 3.10%
9. CNH Industrial Cptl Canada Ltd 3.75% 05-May-2029 Fixed Income 3.08%
10. Loblaw Cos Ltd 3.56% 12-Dec-2029 Fixed Income 3.00%
11. Rogers Communications Inc 3.25% 01-Feb-2029 Fixed Income 2.92%
12. Telus Corp 3.30% 02-Feb-2029 Fixed Income 2.91%
13. Canadian Imperial Bank Commrce 3.80% 10-Dec-2030 Fixed Income 2.65%
14. Hydro One Inc 3.02% 05-Jan-2029 Fixed Income 2.60%
15. Pembina Pipeline Corp 3.62% 03-Apr-2029 Fixed Income 2.59%
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