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IG Target Education 2040 Portfolio F

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2040 Target Date Portflio

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

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
(05-28-2025) 		$12.48
Change
-$0.03 (-0.27%)

As at April 30, 2025

As at February 28, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jan 2…Feb 2023Apr 2023Jun 2023Aug 2023Oct 2023Dec 2023Feb 2024Apr 2024Jun 2024Aug 2024Oct 2024Dec 2024Feb 2025Apr 2025Apr 2…Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Dec 2024Apr 2025$9,000$10,000$11,000$12,000$13,000$14,000Period

Legend

IG Target Education 2040 Portfolio F

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Fund Returns

Inception Return (January 30, 2023): 11.94%

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 -2.29% -5.71% 1.01% -2.47% 11.23% 12.28% - - - - - - - -
Benchmark -2.54% -5.91% 0.78% -2.84% 11.49% 12.43% 10.67% 6.78% 9.16% 7.82% 7.95% 7.59% 8.99% 8.19%
Category Average - - - - - - - - - - - - - -
Category Rank 16 / 16 16 / 16 8 / 16 16 / 16 5 / 16 2 / 16 - - - - - - - -
Quartile Ranking 4 4 2 4 2 1 - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 3.00% 0.78% 3.09% 0.32% 1.77% 0.80% 4.41% -0.81% 3.44% -0.50% -3.01% -2.29%
Benchmark 2.36% 2.01% 3.06% -0.02% 2.38% 0.42% 3.57% 0.16% 3.26% -0.48% -3.00% -2.54%

Best Monthly Return Since Inception

6.20% (November 2023)

Worst Monthly Return Since Inception

-3.24% (September 2023)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - - 21.44%
Benchmark 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07% 21.57%
Category Average - - - - - - - - - -
Quartile Ranking - - - - - - - - - 1
Category Rank - - - - - - - - - 1/ 16

Best Calendar Return (Last 10 years)

21.44% (2024)

Worst Calendar Return (Last 10 years)

21.44% (2024)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 28.31
US Equity 27.22
International Equity 21.69
Canadian Government Bonds 4.78
Cash and Equivalents 3.82
Other 14.18

Sector Allocation

Sector Allocation
Name Percent
Financial Services 18.27
Technology 15.32
Exchange Traded Fund 13.30
Fixed Income 6.83
Consumer Services 6.62
Other 39.66

Geographic Allocation

Geographic Allocation
Name Percent
North America 77.76
Europe 12.30
Asia 8.60
Multi-National 0.50
Latin America 0.35
Other 0.49

Top Holdings

Top Holdings
Name Percent
Mackenzie IG U.S. Equity Pool Series P 17.10
Fidelity IG Canadian Equity Pool Series P 11.56
Mackenzie IG Canadian Equity Pool Series P 11.47
iShares Core S&P 500 ETF (IVV) 10.55
iShares MSCI Canada ETF (EWC) 7.73
iShares Core Canadian Universe Bond Idx ETF (XBB) 5.07
iShares MSCI Japan ETF (EWJ) 3.81
iShares S&P 500 Info Tech Sctr UCITS ETF USD A 3.67
iShares MSCI United Kingdom ETF (EWU) 3.16
Canadian Dollars 3.12

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 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.05% - - -
Beta 1.02% - - -
Alpha 0.00% - - -
Rsquared 0.93% - - -
Sharpe 0.90% - - -
Sortino 1.84% - - -
Treynor 0.07% - - -
Tax Efficiency 84.15% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A42.6​42.650.5​50.50%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A44.9​44.951.3​51.30%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A43.3​43.351.2​51.20%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A41.7​41.752.0​52.00%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

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) $18

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) 0.70%
Trailer Fee Max (LL) -

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