CI G5|20 2040 Q4 Fund

Class A CAD
 

Fund overview

The fund seeks to provide unitholders with guaranteed, sustainable cash flow throughout their retirement years while providing opportunity for capital appreciation. During the initial 5 year accumulation phase and the 20 year distribution phase, the fund will invest in units of underlying funds, exchange traded funds, equity and fixed income securities, cash equivalents as well as derivative instruments in the risk management overlay strategy (together, the “Active Portfolio”). If the fund net assets shift to the protection portfolio, the fund will invest in fixed income securities issued by the Canadian federal and/or provincial governments and cash equivalents (together, the “Protection Portfolio”). A shift of all fund assets into the Protection Portfolio would only occur as a result of a significant decline in interest rates, fund performance, or both during the term of the fund. See the Guarantees section below for further information on the guarantee provided by Bank of Montreal.

Fund details

description of elementelement value
Inception date October 2015
CAD Total net assets ($CAD)
As at 2024-05-30
$20.0 million
NAVPS
As at 2024-06-14
$7.3469
MER (%)
As at 2023-09-30
3.05
Management fee (%) 1.90
Asset class Asset Allocation
Currency CAD
Minimum investment $500 initial/$25 additional
Issue Period October 1, 2015 to December 31, 2015
Accumulation Phase January 2, 2016 to December 31, 2020
Distribution Phase January 2, 2021 to December 31, 2040
Target End Date January 2, 2041
Distribution frequency Annually
Last distribution $0.0434

Risk rating1

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

FUND CODES

A ISC 5009
DSC 5709
LL 5409
F 3009
O 4009

Performance2 As at 2024-05-31

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*
-1.12% 1.04% -0.14% 0.75% 0.32% -2.99% -3.33% - -1.23%
*Since inception date

Management team

First we'll display the Team Company and then the Team members
Alfred Lam

CI G5|20 2040 Q4 Fund

Class A CAD
 
Portfolio allocations3 As at 2024-05-31
Asset allocation (%)
  • Canadian Government Bonds 59.96
  • US Equity 12.73
  • Canadian Equity 12.05
  • International Equity 9.69
  • Canadian Corporate Bonds 2.50
  • Cash and Equivalents 2.33
  • Income Trust Units 0.28
  • Foreign Corporate Bonds 0.20
  • Canadian Bonds - Other 0.18
  • Other 0.08
Sector allocation (%)
  • Fixed Income 62.93
  • Financial Services 7.70
  • Other 7.24
  • Technology 6.89
  • Energy 2.97
  • Consumer Services 2.92
  • Healthcare 2.53
  • Consumer Goods 2.44
  • Cash and Cash Equivalent 2.33
  • Industrial Services 2.05
Geographic allocation(%)
  • Canada 77.47
  • United States 12.55
  • Other 3.79
  • Japan 1.56
  • United Kingdom 1.21
  • France 1.00
  • Germany 0.72
  • Switzerland 0.70
  • Netherlands 0.61
  • Australia 0.39
Top holdings
Sector (%)
1. Ontario Province 5.85% 08-Mar-2033 Fixed Income 37.95%
2. Ontario Province 5.60% 02-Jun-2035 Fixed Income 18.29%
3. iShares Core S&P 500 Index ETF C$ Hgd (XSP) Exchange Traded Fund 7.60%
4. iShares S&P/TSX 60 Index ETF (XIU) Exchange Traded Fund 7.41%
5. CI Canadian Bond Fund Class I Fixed Income 6.94%
6. BMO MSCI EAFE Hedged to CAD Index ETF (ZDM) Exchange Traded Fund 6.03%
7. CI Select U.S. Equity Managed Corporate Class I Mutual Fund 5.02%
8. CI Select Canadian Equity Managed Corp Cl I Mutual Fund 4.96%
9. CI Select International Equity Managed Corp Cl I Mutual Fund 3.96%
10. Cad Cash Sweep Cash and Cash Equivalent 1.32%
11. Collateral Bank Of Montreal Cad Cash and Cash Equivalent 1.07%
12. Usd Cash Sweep Cash and Cash Equivalent 0.00%
13. Collateral Bank Of Montreal Usd Cash and Cash Equivalent -0.46%
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