CI Target 2030 Investment Grade Bond Fund

TSX TICKER : CTMC
 

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 2030. The fund will terminate on or about November 30, 2030, 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 2026-10-16
$1.9 million
NAVPS
As at 2026-10-16
$19.7609
MER (%)
As at 2026-03-31
0.23
Management fee (%) 0.15
Units outstanding
As at 2026-10-16
100,000
Asset class Canadian Fixed Income
Currency CAD
CUSIP 171938103
Distribution frequency Monthly
Last distribution $0.0482
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*
0.42% -0.82% -1.27% 0.36% 0.73% - - - 0.85%
*Since inception date

Distribution history3

Ex-Date Total
2026-09-23 0.0482
2026-08-25 0.0460
2026-07-27 0.0504
2026-06-24 0.0343
2026-05-22 0.0487
Ex-Date Total
2026-04-24 0.0323
2026-03-25 0.0538
2026-02-23 0.0539
2026-01-26 0.0582
2025-12-23 0.0518

RATING SUMMARY (%)

AAA 0.53
AA 2.33
A 42.98
BBB 53.03
BB 1.13
Average Credit Rating A-

FUND CHARACTERISTICS

Average Coupon % 3.61
Duration 3.44
Yield 4.41

Management team

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

CI Target 2030 Investment Grade Bond Fund

TSX TICKER : CTMC
 
Portfolio allocations4 As at 2026-09-30
Asset allocation (%)
  • Canadian Corporate Bonds 94.89
  • Canadian Government Bonds 2.80
  • Cash and Equivalents 2.30
  • Other 0.01
Sector allocation (%)
  • Fixed Income 97.69
  • Cash and Cash Equivalent 2.30
  • Other 0.01
Geographic allocation(%)
  • Canada 99.99
  • Other 0.01
Top holdings6
Sector (%)
1. Toromont Industries Ltd 3.76% 28-Mar-2030 Fixed Income 4.45%
2. Verizon Communications Inc 2.50% 16-Feb-2030 Fixed Income 4.37%
3. Honda Canada Finance Inc 3.87% 22-May-2030 Fixed Income 4.33%
4. PENSKE TRUCK LEASING CANADA INC 3.75% 09-Dec-2030 Fixed Income 4.17%
5. VW CREDIT CANADA INC 3.81% 19-Nov-2030 Fixed Income 3.96%
6. TOYOTA CREDIT CANADA INC 3.46% 24-Feb-2031 Fixed Income 3.83%
7. Dollarama Inc 3.85% 16-Dec-2030 Fixed Income 3.79%
8. Gildan Activewear Inc 4.15% 22-Nov-2030 Fixed Income 3.76%
9. Canadian National Railway Co 3.50% 10-May-2030 Fixed Income 3.56%
10. Royal Bank of Canada 3.99% 22-Jul-2030 Fixed Income 3.48%
11. Dream Summit Industrial LP 4.17% 18-Sep-2030 Fixed Income 3.47%
12. Bank of Montreal 3.73% 03-Jun-2030 Fixed Income 3.47%
13. CT REIT 2.37% 06-Jan-2031 Fixed Income 3.45%
14. Bank of Nova Scotia 3.73% 27-Jun-2031 Fixed Income 3.37%
15. KEYERA CORP 3.70% 15-Oct-2030 Fixed Income 3.36%
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