Toronto, April 30, 2026 – The CIFSC continuously monitors fund categorizations, definitions, and structures to ensure the logical and consistent grouping of investment funds with similar strategies and risk–return profiles.
The Committee proposes four new Target Date categories, extending the maturity range to 2060 and beyond in five-year increments. This will allow longer-dated Target Date funds to be compared against more representative peer groups throughout their glidepaths. The proposal also includes the retirement of two existing Target Date categories.
Following the 60-day comment period, the Committee will review all submissions and determine, by private vote, whether to proceed with the proposed changes. Comments may be submitted using the “Contact” link on the CIFSC.org home page or by clicking here.
The deadline for submissions is June 30, 2026. If approved, the changes will take effect on September 30, 2026.
The full proposal is available here.
The proposed list of fund reclassifications is available here.
