Effective April 1, 2025, the Canadian Investment Funds Standards Committee (“CIFSC”) introduced new fund classifications as follows:
- Health Care Equity (Equities 100%)
- Equity Other (Equities 100%)
- 2040 Target Date Portfolio (Equities 50%, Fixed Income 50%)
- 2045 Target Date Portfolio (Equities 75%, Fixed Income 25%)
- 2045+ Target Date Portfolio (Equities 75%, Fixed Income 25%)
- Canadian Core Plus Fixed Income (Fixed Income 100%)
- Global Core Plus Fixed Income (Fixed Income 100%)
Additionally, the following fund classification will be removed:
- 2035+ Target Date Portfolio
Please note the change will potentially trigger a need for a KYP due diligence review.
Please refer to this press release from the CIFSC for more details.
Should you have any questions, please contact our Client Services Team, by email at investia@investia.ca, by phone at 1-888-684-5548, or use the chatbot feature available on the Advisor Centre.
