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IG Target Education 2040 Portfolio Series F
2040 Target Date Portflio
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FundGrade A
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade C
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FundGrade A+® Rating Recipient
2025
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|
NAVPS (06-19-2026) |
$14.96 |
|---|---|
| Change |
$0.02
(0.10%)
|
As at May 31, 2026
As at March 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (January 30, 2023): 17.53%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 4.57% | 5.78% | 10.83% | 11.24% | 27.00% | 19.81% | 19.78% | - | - | - | - | - | - | - |
| Benchmark | 5.15% | 6.07% | 8.76% | 9.98% | 23.45% | 18.11% | 17.88% | 15.07% | 10.83% | 11.60% | 11.04% | 10.15% | 9.60% | 10.30% |
| Category Average | 3.81% | 3.97% | 8.43% | 8.97% | - | - | - | - | - | - | - | - | - | - |
| Category Rank | 1 / 19 | 2 / 18 | 3 / 18 | 3 / 18 | 2 / 16 | 2 / 16 | 2 / 16 | - | - | - | - | - | - | - |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.68% | 1.80% | 2.50% | 4.20% | 1.68% | 0.94% | -0.37% | 1.30% | 3.80% | -3.95% | 5.33% | 4.57% |
| Benchmark | 3.03% | 2.10% | 1.67% | 4.09% | 2.18% | -0.22% | -1.10% | 1.51% | 2.14% | -4.22% | 5.33% | 5.15% |
Best Monthly Return Since Inception
6.20% (November 2023)
Worst Monthly Return Since Inception
-3.95% (March 2026)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | 21.44% | 16.54% |
| Benchmark | 3.66% | 11.99% | 0.72% | 16.29% | 12.17% | 11.33% | -12.03% | 15.07% | 21.57% | 13.15% |
| Category Average | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | 1 | 1 |
| Category Rank | - | - | - | - | - | - | - | - | 1/ 16 | 3/ 16 |
Best Calendar Return (Last 10 years)
21.44% (2024)
Worst Calendar Return (Last 10 years)
16.54% (2025)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 28.10 |
| US Equity | 26.48 |
| International Equity | 21.21 |
| Canadian Government Bonds | 4.91 |
| Foreign Government Bonds | 2.59 |
| Other | 16.71 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 17.05 |
| Technology | 16.66 |
| Exchange Traded Fund | 13.01 |
| Fixed Income | 9.90 |
| Energy | 7.34 |
| Other | 36.04 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 77.30 |
| Asia | 11.62 |
| Europe | 8.72 |
| Multi-National | 1.04 |
| Africa and Middle East | 0.69 |
| Other | 0.63 |
Top Holdings
| Name | Percent |
|---|---|
| Mackenzie IG U.S. Equity Pool Series P | 17.02 |
| Fidelity IG Canadian Equity Pool Series P | 11.55 |
| Mackenzie IG Canadian Equity Pool Series P | 11.48 |
| iShares Core S&P 500 ETF (IVV) | 10.32 |
| iShares MSCI Canada ETF (EWC) | 6.78 |
| iShares Core Canadian Universe Bond Idx ETF (XBB) | 5.53 |
| iShares S&P 500 Info Tech Sctr UCITS ETF USD A | 4.73 |
| iShares MSCI Japan ETF (EWJ) | 4.51 |
| Ishares MSCI Taiwan ETF (EWT) | 2.92 |
| iShares MSCI United Kingdom ETF (EWU) | 2.61 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
IG Target Education 2040 Portfolio Series F
Median
Other - 2040 Target Date Portflio
3 Yr Annualized
| Standard Deviation | 8.80% | - | - |
|---|---|---|---|
| Beta | 0.99 | - | - |
| Alpha | 0.02 | - | - |
| Rsquared | 0.93% | - | - |
| Sharpe | 1.70 | - | - |
| Sortino | 3.60 | - | - |
| Treynor | 0.15 | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.69% | 8.80% | - | - |
| Beta | 0.90 | 0.99 | - | - |
| Alpha | 0.05 | 0.02 | - | - |
| Rsquared | 0.93% | 0.93% | - | - |
| Sharpe | 2.55 | 1.70 | - | - |
| Sortino | 5.06 | 3.60 | - | - |
| Treynor | 0.25 | 0.15 | - | - |
| Tax Efficiency | 87.23% | - | - | - |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
Fund Details
| Start Date | January 30, 2023 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Fee Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $40 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| IGI1940 |
Investment Objectives
The Portfolio intends to provide long term capital appreciation and income through a globally diversified solution for the purposes of funding a post-secondary education anticipated to begin around 2040. The Portfolio invests according to a Dynamic Glidepath approach that shifts the target asset mix over time based on the expected date for commencing post-secondary education. Over the life of the Portfolio, it will shift from a focus on growth potential to a focus on capital preservation.
Investment Strategy
To achieve its investment objective, the Portfolio gradually shifts its target asset mix from an emphasis on exposure to equities, in its early years, to an emphasis on fixed income securities and/or money market and cash equivalent securities as its target date (2040) approaches. Generally, the Portfolio gains exposure to these securities by investing in Underlying Funds and/or other investment funds, including other investment funds managed by the Sub-Advisor.
Portfolio Management
| Portfolio Manager |
I.G. Investment Management, Ltd. |
|---|---|
| Sub-Advisor |
BlackRock Asset Management Canada Limited
|
Management and Organization
| Fund Manager |
I.G. Investment Management, Ltd. |
|---|---|
| Custodian |
- |
| Registrar |
- |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | - |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | 50 |
Fees
| MER | 1.06% |
|---|---|
| Management Fee | 0.60% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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