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CIBC Multi-Asset Absolute Return Strategy Series A
Alternative Multi-Stratgy
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FundGrade E
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|
NAVPS (06-18-2026) |
$10.63 |
|---|---|
| Change |
-$0.03
(-0.24%)
|
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (October 22, 2018): 1.15%
| 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 | 0.55% | 0.07% | 2.86% | 2.30% | 5.10% | 1.55% | 4.92% | 2.34% | -0.57% | 0.13% | 1.05% | - | - | - |
| Benchmark | 2.52% | 1.83% | 12.07% | 10.61% | 36.06% | 28.34% | 24.64% | 17.23% | 15.30% | 18.20% | 15.06% | 13.48% | 12.83% | 12.77% |
| Category Average | 1.10% | 1.04% | 5.92% | 5.25% | 14.71% | 7.79% | 7.68% | 5.50% | 3.91% | 5.34% | 4.59% | - | - | - |
| Category Rank | 93 / 139 | 93 / 136 | 94 / 131 | 101 / 131 | 99 / 112 | 79 / 89 | 60 / 76 | 43 / 54 | 43 / 44 | 39 / 40 | 33 / 34 | - | - | - |
| Quartile Ranking | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.18% | 0.00% | 0.70% | 1.12% | -0.20% | 0.74% | 0.55% | 0.48% | 1.74% | -1.15% | 0.68% | 0.55% |
| Benchmark | 2.91% | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% | 2.52% |
Best Monthly Return Since Inception
3.76% (March 2020)
Worst Monthly Return Since Inception
-3.71% (February 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | 0.70% | 7.34% | -0.27% | -12.25% | 3.14% | 4.46% | 3.30% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | - | - | - | - | 4.04% | 6.86% | -5.49% | 4.47% | 5.04% | 9.01% |
| Quartile Ranking | - | - | - | 2 | 3 | 4 | 4 | 3 | 3 | 4 |
| Category Rank | - | - | - | 7/ 17 | 23/ 36 | 35/ 41 | 47/ 48 | 47/ 68 | 58/ 83 | 80/ 101 |
Best Calendar Return (Last 10 years)
7.34% (2020)
Worst Calendar Return (Last 10 years)
-12.25% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Cash and Equivalents | 74.69 |
| Canadian Corporate Bonds | 21.03 |
| International Equity | 4.40 |
| Foreign Corporate Bonds | 3.05 |
| US Equity | 2.73 |
Sector Allocation
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 74.68 |
| Fixed Income | 11.11 |
| Mutual Fund | 6.55 |
| Financial Services | 3.25 |
| Utilities | 1.19 |
| Other | 3.22 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 92.06 |
| Europe | 5.68 |
| Latin America | 5.32 |
| Africa and Middle East | -0.21 |
| Asia | -2.05 |
Top Holdings
| Name | Percent |
|---|---|
| CC&L Global Market Neutral Fund Series A | 6.55 |
| CANADIAN TREASURY BILL | 3.75 |
| Cash and Cash Equivalents | 3.49 |
| CANADIAN TREASURY BILL | 3.02 |
| ZEUS RECEIVABLES TR SR DISC | 3.00 |
| OPTION CASH COLL | 2.54 |
| PRIME TRUST SENIOR COML PAP DISCOUNT NOTE | 2.52 |
| CLARITY TRUST CL A SER A DISCOUNT NOTE | 2.51 |
| PLAZA TRUST DISCOUNT NOTE | 2.33 |
| IRS R CNRR007 Index P 1.571 | 2.19 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
CIBC Multi-Asset Absolute Return Strategy Series A
Median
Other - Alternative Multi-Stratgy
3 Yr Annualized
| Standard Deviation | 3.79% | 4.81% | - |
|---|---|---|---|
| Beta | 0.09 | 0.07 | - |
| Alpha | 0.03 | -0.01 | - |
| Rsquared | 0.07% | 0.03% | - |
| Sharpe | 0.35 | -0.70 | - |
| Sortino | 0.83 | -0.84 | - |
| Treynor | 0.15 | -0.49 | - |
| Tax Efficiency | 100.00% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.54% | 3.79% | 4.81% | - |
| Beta | 0.22 | 0.09 | 0.07 | - |
| Alpha | -0.02 | 0.03 | -0.01 | - |
| Rsquared | 0.82% | 0.07% | 0.03% | - |
| Sharpe | 1.05 | 0.35 | -0.70 | - |
| Sortino | 1.29 | 0.83 | -0.84 | - |
| Treynor | 0.12 | 0.15 | -0.49 | - |
| Tax Efficiency | 100.00% | 100.00% | - | - |
Fund Details
| 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) | $595 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| ATL5012 |
Investment Objectives
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.
Investment Strategy
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.
Portfolio Management
| Portfolio Manager |
CIBC Asset Management Inc.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
CIBC Asset Management Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Asset Management Inc. |
| Distributor |
- |
Investment Minimums
| 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 |
Fees
| MER | 2.16% |
|---|---|
| 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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