CI TARGET 2028 INVESTMENT GRADE BOND FUND (CAD) CTMA.CA

CI Target 2028 Investment Grade Bond Fund is a Canadian fixed income fund managed by CI Global Asset Management. Its objective is to generate income over a defined period by investing primarily in Canadian dollar-denominated investment grade bonds that have an effective maturity in the calendar year 2028.

The fund is designed to terminate on or about November 30, 2028, or earlier with notice. To pursue its objective, the fund uses active management combining top-down macroeconomic analysis (assessing economic, political, and market trends) with bottom-up issuer and security evaluation.

The portfolio is expected to consist largely of corporate fixed income securities, with provisions allowing up to 25 % in lower-rated (high yield-rated) securities at time of purchase (no lower than BB-/Ba3).

The fund aims to maintain an average credit rating of at least A-. As the maturity date approaches, its holdings will gradually shift toward government bonds, cash, and cash equivalents. The fund is offered by CI Global Asset Management under a fixed-maturity or "target maturity" bond fund model.

It is available in mutual fund share series and in ETF series. It operates under Canadian mutual fund regulatory structure; the portfolio adviser is CI Global Asset Management. It is a vehicle intended for investors seeking predictable exposure to investment grade debt over a limited time horizon.