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2035+ Target Date

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-15-2024)
$11.27
Change
-$0.08 (-0.73%)

As at March 31, 2024

As at January 31, 2024

As at February 29, 2024

Period
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Legend

IG Target Education 2040 Portfolio F

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Fund Returns

Inception Return (January 30, 2023): 15.37%

Fund Returns
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 3.31% 1.13% -1.04% 8.59% 17.78% - - - - - - - - -
Benchmark 2.30% 7.76% 16.43% 7.76% 17.03% 8.32% 6.28% 10.74% 8.09% 7.66% 7.94% 8.66% 7.72% 8.79%
Category Average 2.53% 15.19% 15.19% 6.99% 13.66% 5.52% 5.67% 11.60% 7.57% 6.86% 6.77% - - -
Category Rank 10 / 60 20 / 60 20 / 58 20 / 60 6 / 58 - - - - - - - - -
Quartile Ranking 1 2 2 2 1 - - - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.90% -2.48% 2.61% 2.47% -0.48% -3.24% -1.04% 6.20% 2.56% 1.13% 3.94% 3.31%
Benchmark 1.47% -1.16% 1.58% 2.43% 0.23% -3.90% -0.20% 5.87% 2.26% 1.06% 4.23% 2.30%

Best Monthly Return Since Inception

6.20% (November 2023)

Worst Monthly Return Since Inception

-3.24% (September 2023)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - -
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average - - - 9.84% -4.94% 15.96% 11.33% 14.69% -10.61% 10.61%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 38.78
US Equity 26.41
International Equity 15.20
Cash and Equivalents 3.97
Canadian Government Bonds 2.81
Other 12.83

Sector Allocation

Sector Allocation
Name Percent
Financial Services 19.54
Technology 14.91
Exchange Traded Fund 11.08
Energy 8.23
Consumer Services 6.91
Other 39.33

Geographic Allocation

Geographic Allocation
Name Percent
North America 83.12
Asia 9.05
Europe 5.21
Multi-National 1.43
Latin America 0.94
Other 0.25

Top Holdings

Top Holdings
Name Percent
T. Rowe IG Price U.S. Equity Pool Series P 16.60
iShares MSCI Canada ETF (EWC) 13.49
Mackenzie IG Canadian Equity Pool Series P 11.28
Fidelity IG Canadian Equity Pool Series P 11.24
iShares Core S&P 500 ETF (IVV) 9.90
iShares S&P/TSX 60 Index ETF (XIU) 5.23
iShares MSCI Japan ETF (EWJ) 4.07
Canadian Dollars 3.72
Ishares MSCI Taiwan ETF (EWT) 3.01
iShares S&P 500 Info Tech Sctr UCITS ETF USD A 2.93

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

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 Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $7

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

-

Portfolio Manager(s)

Name Start Date
BlackRock Asset Management Canada Limited 01-20-2023
I.G. Investment Management, Ltd. 01-20-2023

Management and Organization

Fund Manager I.G. Investment Management, Ltd.
Advisor I.G. Investment Management, Ltd.
Custodian -
Registrar -
Distributor -
Auditor KPMG LLP

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 -
LL Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.70%
Trailer Fee Max (LL) -

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