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 2026-09-03
$1.9 million
NAVPS
As at 2026-09-03
$19.7846
MER (%)
As at 2026-03-31
0.23
Management fee (%) 0.15
Units outstanding
As at 2026-09-03
100,000
Asset class Canadian Fixed Income
Currency CAD
CUSIP 171938103
Distribution frequency Monthly
Last distribution $0.0460
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 2026-08-31

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

Distribution history3

Ex-Date Total
2026-08-25 0.0460
2026-07-27 0.0504
2026-06-24 0.0343
2026-05-22 0.0487
2026-04-24 0.0323
Ex-Date Total
2026-03-25 0.0538
2026-02-23 0.0539
2026-01-26 0.0582
2025-12-23 0.0518
2025-11-24 0.0692

RATING SUMMARY (%)

AAA 0.72
AA 3.12
A 48.74
BBB 45.89
BB 1.53
Average Credit Rating A-

FUND CHARACTERISTICS

Average Coupon % 3.59
Duration 3.59
Yield 4.06

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 2026-07-31
Asset allocation (%)
  • Canadian Corporate Bonds 95.94
  • Canadian Government Bonds 3.82
  • Cash and Equivalents 0.25
  • Other -0.01
Sector allocation (%)
  • Fixed Income 99.76
  • Cash and Cash Equivalent 0.25
  • Other -0.01
Geographic allocation(%)
  • Canada 100.01
  • Other -0.01
Top holdings6
Sector (%)
1. Honda Canada Finance Inc 3.87% 22-May-2030 Fixed Income 4.75%
2. Canadian National Railway Co 3.50% 10-May-2030 Fixed Income 4.57%
3. Gildan Activewear Inc 4.15% 22-Nov-2030 Fixed Income 4.49%
4. TOYOTA CREDIT CANADA INC 3.65% 19-Aug-2030 Fixed Income 4.37%
5. Toromont Industries Ltd 3.76% 28-Mar-2030 Fixed Income 4.16%
6. Verizon Communications Inc 2.50% 16-Feb-2030 Fixed Income 4.02%
7. Dollarama Inc 3.85% 16-Dec-2030 Fixed Income 4.01%
8. Bank of Montreal 3.73% 03-Jun-2030 Fixed Income 3.87%
9. Pembina Pipeline Corp 3.31% 01-Feb-2030 Fixed Income 3.84%
10. Dream Summit Industrial LP 4.17% 18-Sep-2030 Fixed Income 3.81%
11. Brookfield Renewable Ptnrs ULC 3.38% 15-Oct-2029 Fixed Income 3.76%
12. MCAP Commercial LP 4.82% 04-Mar-2030 Fixed Income 3.69%
13. CT REIT 2.37% 06-Jan-2031 Fixed Income 3.65%
14. Granite REIT Holdings LP 2.38% 18-Dec-2030 Fixed Income 3.54%
15. Royal Bank of Canada 3.99% 22-Jul-2030 Fixed Income 3.45%
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.