Life Cycle Funds


Life cycle funds update - January 2007

Well, it has been just over a year since life cycle funds burst onto the scene in Canada. Life cycle funds are essentially one decision balanced investment portfolios that begin with a strong growth bias, and become more conservative as they approach their maturity date, which is usually selected to match your retirement date.

Last year, we wrote that we really liked the concept and that with the history of success that these funds have had in the US and abroad, they would likely find favour in Canada. Indeed over a billion dollars has moved into these funds in the last year and more companies are offering them. Scotia and Fidelity are the market share leaders, with solid performance, and the much smaller funds offered by the Ethical family of funds have been surprise performers. The guaranteed funds offered by Clarington have been the performance laggards, but if you want a guarantee, you would expect to pay a little more for that!

Life cycle funds are now offered by half a dozen fund companies. Here is a list of performance. Please note that any of these funds can be held in your ScotiaMcLeod account, and many are available for Pre Authorized Contribution plans, and/or with no loads. Please contact us for details and recommendations for your situation.

Mutual Fund

Fund
Type

1
Year
(%)

2
Year
(%)

3
Year
(%)

Risk *

Min
Invest
($)

MER

BMO LifeStage Plus 20152015TargetDate8.816.826.583.62na1.44
Mac Destination+ 20152015TargetDate6.375.586.883.34na1.41
RBC Target 2015 Education2015TargetDate3.134.506.483.921,0001.63
Fidelity ClearPath 2015 Port Series B2015TargetDate0.254.368.015.965002.07
Fidelity ClearPath 2015 Port Series A2015TargetDate0.064.157.805.955002.26
Scotia Vision Cnsrv 2015 Portfolio2015TargetDate-0.502.996.036.002,5002.08
IA Clarington Target Click 20152015TargetDate3.562.722.283.325002.21
Scotia Vision Aggressive 2015 Portfolio2015TargetDate-2.412.376.617.192,5002.32
BMO LifeStage Plus 20202020TargetDate15.0511.418.745.61na1.44
Mac Destination+ 20202020TargetDate12.1310.578.235.98na1.41
BMO Guardian LifeStage Plus 2020 Adv Sr2020TargetDate10.779.327.374.73na1.39
Mac Destination+ 20172020TargetDate10.228.896.844.65na1.43
IA Clarington Target Click 20202020TargetDate5.545.465.835.235002.65
BMO LifeStage Plus 20172020TargetDate2.144.916.866.63na2.49
Fidelity ClearPath 2020 Port Series B2020TargetDate0.134.799.487.395002.13
Fidelity ClearPath 2020 Port Series A2020TargetDate-0.064.589.267.385002.33
Fidelity Income Replacement 2019 Pt Sr B2020TargetDate0.483.838.265.21na2.09
BMO Guardian LifeStage Plus 2017 Adv Sr2020TargetDate0.043.826.126.41na2.41
Fidelity Income Replacement 2017 Pt Sr B2020TargetDate1.263.787.604.44na2.08
Fidelity Income Replacement 2019 Pt Sr A2020TargetDate0.283.618.025.22na2.29
Fidelity Income Replacement 2017 Pt Sr A2020TargetDate1.013.557.364.44na2.30
BMO Guardian LifeStage 2017 Cl Adv Ser2020TargetDate-1.863.42nanana2.15
RBC Target 2020 Education2020TargetDate-0.683.206.436.701,0001.84
BMO Guardian LifeStage 2020 Cl Adv Ser2020TargetDate-3.602.55nanana2.20
Scotia Vision Cnsrv 2020 Portfolio2020TargetDate-2.092.426.196.762,5002.20
Scotia Vision Aggressive 2020 Portfolio2020TargetDate-4.331.766.738.402,5002.37
DynamicEdge 2020 Portfolio Series T2020TargetDate-2.88nananana2.32
DynamicEdge 2020 Class Portfolio Sr T2020TargetDate-2.41nananana2.32
DynamicEdge 2020 Portfolio Series A2020TargetDate-2.77nananana2.29
DynamicEdge 2020 Class Portfolio Sr A2020TargetDate-2.18nananana2.26
Invesco Intactive 2028 Portfolio2025+TargetDate0.695.1510.177.80na2.23
Invesco Intactive 2033 Portfolio2025+TargetDate-0.135.1210.319.05na2.22
Invesco Intactive 2038 Portfolio2025+TargetDate-1.014.9611.3110.26na2.22
Fidelity ClearPath 2030 Port Series B2025+TargetDate-2.114.4410.429.585002.19
Fidelity ClearPath 2030 Port Series A2025+TargetDate-2.314.2310.219.585002.39
Fidelity ClearPath 2035 Port Series B2025+TargetDate-3.524.1110.5910.535002.21
Fidelity ClearPath 2040 Port Series B2025+TargetDate-3.754.0410.8110.905002.26
IA Clarington Target Click 2030 Sr A2025+TargetDate2.793.997.198.97na2.97
Fidelity ClearPath 2045 Port Series B2025+TargetDate-4.133.9810.8711.145002.25
Fidelity ClearPath 2035 Port Series A2025+TargetDate-3.713.8910.3610.535002.41
Fidelity Income Replacement 2027 Pt Sr B2025+TargetDate-1.033.879.356.79na2.14
Fidelity Income Replacement 2033 Pt Sr B2025+TargetDate-1.703.879.727.44na2.28
Fidelity ClearPath 2040 Port Series A2025+TargetDate-3.953.8310.5910.895002.45
Fidelity Income Replacement 2035 Pt Sr B2025+TargetDate-1.773.809.887.65na2.16
Fidelity Income Replacement 2037 Pt Sr B2025+TargetDate-1.953.7710.057.95na2.19
Fidelity Income Replacement 2031 Pt Sr B2025+TargetDate-1.473.779.547.23na2.21
Fidelity Income Replacement 2029 Pt Sr B2025+TargetDate-1.293.769.387.00na2.26
Fidelity ClearPath 2045 Port Series A2025+TargetDate-4.343.7510.6311.145002.47
Fidelity Income Replacement 2027 Pt Sr A2025+TargetDate-1.223.679.146.79na2.29
Fidelity Income Replacement 2033 Pt Sr A2025+TargetDate-1.903.639.497.44na2.47
Fidelity Income Replacement 2031 Pt Sr A2025+TargetDate-1.693.569.317.23na2.41
Fidelity Income Replacement 2029 Pt Sr A2025+TargetDate-1.493.539.157.00na2.44
Fidelity Income Replacement 2035 Pt Sr A2025+TargetDate-2.043.529.617.65na2.47
Fidelity Income Replacement 2037 Pt Sr A2025+TargetDate-2.213.519.807.95na2.42
BMO Guardian LifeStage Plus 2026 Adv Sr2025+TargetDate-0.642.97nanana2.65
BMO LifeStage Plus 20262025+TargetDate-0.772.90nanana2.78
BMO Guardian LifeStage 2030 Cl Adv Ser2025+TargetDate-6.551.81nanana2.26
BMO Guardian LifeStage 2035 Cl Adv Ser2025+TargetDate-8.091.36nanana2.26
Scotia Vision Cnsrv 2030 Portfolio2025+TargetDate-5.311.256.779.022,5002.51
BMO Guardian LifeStage Plus 2030 Adv Sr2025+TargetDate-3.861.024.0410.44na2.81
BMO LifeStage Plus 20302025+TargetDate-3.920.994.0210.44na2.88
BMO Guardian LifeStage 2040 Cl Adv Ser2025+TargetDate-8.800.91nanana2.31
Scotia Vision Aggressive 2030 Portfolio2025+TargetDate-7.640.277.0410.622,5002.68
DynamicEdge 2030 Class Portfolio Sr A2025+TargetDate-8.22nananana2.48
DynamicEdge 2030 Portfolio Series T2025+TargetDate-8.06nananana2.54
DynamicEdge 2030 Portfolio Series A2025+TargetDate-8.02nananana2.49
DynamicEdge 2030 Class Portfolio Sr T2025+TargetDate-8.18nananana0.17
Mac Destination+ 20252025TargetDate19.3615.9212.478.51na1.41
IA Clarington Target Click 20252025TargetDate6.817.127.525.865002.67
BMO LifeStage Plus 20252025TargetDate4.976.948.906.69na2.49
BMO Guardian LifeStage Plus 2025 Adv Sr2025TargetDate4.416.658.716.61na2.46
Invesco Intactive 2023 Portfolio2025TargetDate0.974.728.776.78na2.21
Fidelity ClearPath 2025 Port Series B2025TargetDate-1.364.569.698.345002.13
Fidelity ClearPath 2025 Port Series A2025TargetDate-1.574.349.468.345002.33
Fidelity Income Replacement 2023 Pt Sr B2025TargetDate-0.423.928.996.23na2.06
Fidelity Income Replacement 2021 Pt Sr B2025TargetDate0.013.918.705.79na2.09
Fidelity Income Replacement 2025 Pt Sr B2025TargetDate-0.773.879.136.51na2.12
BMO LifeStage Plus 20222025TargetDate0.253.82nanana2.66
BMO Guardian LifeStage Plus 2022 Adv Sr2025TargetDate0.183.79nanana2.66
Fidelity Income Replacement 2023 Pt Sr A2025TargetDate-0.593.738.796.23na2.23
Fidelity Income Replacement 2025 Pt Sr A2025TargetDate-0.863.738.936.51na2.25
Fidelity Income Replacement 2021 Pt Sr A2025TargetDate-0.283.648.445.79na2.35
RBC Target 2025 Education2025TargetDate-2.272.566.407.901,0001.94
BMO Guardian LifeStage 2025 Cl Adv Ser2025TargetDate-5.402.10nanana2.20
DynamicEdge 2025 Class Portfolio Sr T2025TargetDate-4.52nananana2.43
DynamicEdge 2025 Class Portfolio Sr A2025TargetDate-4.65nananana2.41
DynamicEdge 2025 Portfolio Series T2025TargetDate-5.26nananana2.26
DynamicEdge 2025 Portfolio Series A2025TargetDate-5.60nananana2.39

88 Funds Returned    For Periods Ending: 12/31/2011

 

Click on a fund name for more information on that fund.

 

* Risk is the volatility of returns, see risk calculations.

More on life cycle funds

 



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