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Alternative Multi-Stratgy
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|
NAVPS (11-19-2024) |
$10.03 |
|---|---|
| Change |
$0.00
(-0.04%)
|
As at October 31, 2024
As at October 31, 2024
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Inception Return (October 22, 2018): 0.40%
| 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 | -1.47% | -1.88% | -1.79% | 3.62% | 4.23% | 3.61% | -2.03% | -0.69% | 0.05% | 0.41% | - | - | - | - |
| Benchmark | 0.85% | 5.30% | 12.95% | 18.24% | 32.06% | 15.16% | 8.05% | 15.02% | 11.33% | 11.65% | 9.36% | 9.62% | 9.96% | 8.41% |
| Category Average | -1.34% | -0.17% | 1.99% | 4.54% | 8.71% | 5.17% | 1.39% | 3.81% | 3.05% | - | - | - | - | - |
| Category Rank | 58 / 102 | 65 / 94 | 68 / 93 | 60 / 88 | 60 / 87 | 50 / 69 | 49 / 56 | 44 / 45 | 39 / 40 | 16 / 17 | - | - | - | - |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | - | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.95% | -0.36% | 2.31% | 2.15% | 1.01% | -0.04% | 1.44% | -1.88% | 0.55% | -0.71% | 0.29% | -1.47% |
| Benchmark | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% | -1.82% | 2.77% | -1.42% | 5.87% | 1.22% | 3.15% | 0.85% |
3.76% (March 2020)
-3.71% (February 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 0.70% | 7.34% | -0.27% | -12.25% | 3.14% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | - | - | - | - | - | - | 4.04% | 6.86% | -5.49% | 4.47% |
| Quartile Ranking | - | - | - | - | - | 2 | 3 | 4 | 4 | 3 |
| Category Rank | - | - | - | - | - | 9/ 19 | 24/ 40 | 43/ 49 | 51/ 58 | 49/ 77 |
7.34% (2020)
-12.25% (2022)
| Name | Percent |
|---|---|
| Cash and Equivalents | 96.16 |
| Foreign Corporate Bonds | 8.38 |
| Foreign Government Bonds | 1.35 |
| Canadian Government Bonds | 0.08 |
| International Equity | 0.03 |
| Other | -6.00 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 96.16 |
| Fixed Income | 9.81 |
| Healthcare | 0.07 |
| Exchange Traded Fund | 0.01 |
| Other | -6.05 |
| Name | Percent |
|---|---|
| North America | 98.56 |
| Asia | 4.70 |
| Africa and Middle East | 2.67 |
| Latin America | 0.65 |
| Europe | -0.63 |
| Other | -5.95 |
| Name | Percent |
|---|---|
| IRS P WIBR6M Index R 4.48 | 6.99 |
| IRS R PRIB06M Index P 3.2165 | 6.76 |
| Cash and Cash Equivalents | 5.63 |
| SUNCOR ENERGY INC NEW DISCOUNT NOTE | 4.24 |
| IRS P CNRR007 Index R 1.6898 1.69% 09-Sep-2029 | 4.23 |
| Storm King Funding 14-Jan-2025 | 4.20 |
| ZEUS RECEIVABLES TR SR DISCOUNT NOTE | 4.04 |
| KING STREET FDG DISC | 3.80 |
| Pure Grove Funding 05-Mar-2025 | 3.77 |
| Merit Trust 12-Mar-2025 | 3.25 |
CIBC Multi-Asset Absolute Return Strategy Series A
Median
Other - Alternative Multi-Stratgy
| Standard Deviation | 5.70% | 5.51% | - |
|---|---|---|---|
| Beta | 0.01% | 0.02% | - |
| Alpha | -0.02% | 0.00% | - |
| Rsquared | 0.00% | 0.00% | - |
| Sharpe | -0.94% | -0.37% | - |
| Sortino | -0.99% | -0.64% | - |
| Treynor | -5.49% | -0.90% | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.57% | 5.70% | 5.51% | - |
| Beta | 0.16% | 0.01% | 0.02% | - |
| Alpha | 0.00% | -0.02% | 0.00% | - |
| Rsquared | 0.12% | 0.00% | 0.00% | - |
| Sharpe | -0.09% | -0.94% | -0.37% | - |
| Sortino | 0.42% | -0.99% | -0.64% | - |
| Treynor | -0.02% | -5.49% | -0.90% | - |
| Tax Efficiency | 100.00% | - | - | - |
| Start Date | October 22, 2018 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Semi Annual |
| Assets ($mil) | $564 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| ATL5012 |
The Fund seeks to achieve a positive absolute return that exceeds the return of the Government of Canada 91-day treasury bills over rolling three-year periods, regardless of prevailing economic conditions, by actively managing a diversified portfolio with direct and indirect exposure primarily to equity securities, fixed income securities, commodities, currencies, and derivatives investments.
The Portfolio Advisor identifies and pursues multiple investment ideas and opportunities across and within a wide range of asset classes. The investment strategies used by the Fund, and the amount of assets allocated among them, will change over time. To achieve its investment objectives, the Fund: seeks to achieve a positive absolute return by targeting, over rolling three-year periods, an annualized return of 5% in excess of the Government of Canada 91-day treasury bills.
| Name | Start Date |
|---|---|
| Patrick Bernes | 10-22-2018 |
| Luc De La Durantaye | 10-22-2018 |
| Francis Thivierge | 10-22-2018 |
| Fund Manager | CIBC Asset Management Inc. |
|---|---|
| Advisor | CIBC Asset Management Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | CIBC Asset Management Inc. |
| Distributor | - |
| Auditor | Ernst & Young LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 0 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 50 |
| MER | 2.01% |
|---|---|
| Management Fee | 1.70% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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