Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
CI Marret Alternative Enhanced Yield Fund Series A
Alternative Credit Focus
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (10-14-2026) |
$9.31 |
|---|---|
| Change |
-$0.01
(-0.14%)
|
As at September 30, 2026
As at September 30, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (May 14, 2020): 2.51%
| 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 | -0.87% | -1.28% | -0.18% | 0.50% | 0.71% | 2.80% | 4.52% | 3.91% | 2.13% | 2.32% | - | - | - | - |
| Benchmark | -1.18% | -3.03% | -1.17% | -0.88% | -1.22% | 0.70% | 4.57% | 2.98% | 0.24% | -0.47% | 0.59% | 1.71% | 1.72% | 1.20% |
| Category Average | -1.06% | -0.83% | 0.90% | 1.40% | 2.13% | 4.13% | 6.32% | 5.99% | 3.55% | 4.08% | 4.09% | - | - | - |
| Category Rank | 90 / 162 | 109 / 158 | 107 / 150 | 94 / 146 | 96 / 145 | 90 / 123 | 91 / 107 | 81 / 90 | 71 / 85 | 53 / 61 | - | - | - | - |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | - | - | - | - |
Monthly Return
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.17% | -0.07% | 0.10% | 0.74% | 0.42% | -0.48% | 0.59% | 0.49% | 0.03% | -0.62% | 0.21% | -0.87% |
| Benchmark | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% | 1.41% | 0.44% | -1.61% | -0.27% | -1.18% |
Best Monthly Return Since Inception
2.25% (November 2023)
Worst Monthly Return Since Inception
-1.76% (June 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 1.27% | -3.30% | 4.49% | 4.99% | 4.11% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | - | - | - | - | 7.20% | 3.25% | -4.07% | 7.22% | 7.97% | 5.39% |
| Quartile Ranking | - | - | - | - | - | 4 | 3 | 4 | 4 | 3 |
| Category Rank | - | - | - | - | - | 54/ 64 | 47/ 85 | 91/ 103 | 92/ 108 | 96/ 133 |
Best Calendar Return (Last 10 years)
4.99% (2024)
Worst Calendar Return (Last 10 years)
-3.30% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 180.04 |
| Foreign Corporate Bonds | 56.02 |
| Foreign Bonds - Other | 0.05 |
| Derivatives | -0.01 |
| Foreign Government Bonds | -8.70 |
| Other | -127.40 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 135.26 |
| Cash and Cash Equivalent | -35.25 |
| Other | -0.01 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 95.98 |
| Europe | 3.57 |
| Asia | 0.42 |
| Other | 0.03 |
Top Holdings
| Name | Percent |
|---|---|
| US 2YR TREAS NTS FUT (CBT) EXP DEC 26 0.00% 31-Dec-2026 | 29.42 |
| ROYAL BANK OF CANADA 4.14% 05-May-2036 | 6.61 |
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 6.08 |
| Toromont Industries Ltd 3.84% 27-Oct-2027 | 6.04 |
| Royal Bank of Canada 3.63% 10-Dec-2027 | 5.97 |
| Toronto-Dominion Bank 5.38% 21-Oct-2027 | 5.70 |
| AIR LEASE CORP 5.40% 01-Jun-2028 | 5.63 |
| ALTAGAS LTD 3.02% 10-Nov-2027 | 5.49 |
| SUNCOR ENERGY INC 2.95% 14-Nov-2027 | 5.48 |
| Coastal Gaslink Pipeline LP 4.67% 30-Jun-2027 | 5.48 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
CI Marret Alternative Enhanced Yield Fund Series A
Median
Other - Alternative Credit Focus
3 Yr Annualized
| Standard Deviation | 2.24% | 2.84% | - |
|---|---|---|---|
| Beta | 0.36 | 0.41 | - |
| Alpha | 0.03 | 0.02 | - |
| Rsquared | 0.66% | 0.73% | - |
| Sharpe | 0.52 | -0.32 | - |
| Sortino | 1.19 | -0.41 | - |
| Treynor | 0.03 | -0.02 | - |
| Tax Efficiency | 63.33% | 31.38% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.72% | 2.24% | 2.84% | - |
| Beta | 0.31 | 0.36 | 0.41 | - |
| Alpha | 0.01 | 0.03 | 0.02 | - |
| Rsquared | 0.55% | 0.66% | 0.73% | - |
| Sharpe | -0.87 | 0.52 | -0.32 | - |
| Sortino | -1.38 | 1.19 | -0.41 | - |
| Treynor | -0.05 | 0.03 | -0.02 | - |
| Tax Efficiency | - | 63.33% | 31.38% | - |
Fund Details
| Start Date | May 14, 2020 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $56 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CIG14054 | LSC | Open |
| CIG14254 | DSC | Open |
| CIG14354 | DSC | Open |
| CIG14695 | FE | Open |
| CIG2195 | FE | Open |
| CIG24195 | FE | Open |
| CIG3095 | LSC | Open |
| CIG3195 | DSC | Open |
Investment Objectives
The fund seeks to provide income with low volatility over a market cycle regardless of market conditions or general market direction, by primarily investing in both debt instruments across the credit spectrum and cash or cash equivalents. The fund seeks to provide income while targeting low correlation to equity and traditional income. The fund will use leverage. The leverage will be created through the use of cash borrowings, short sales and derivative contracts.
Investment Strategy
The portfolio sub-advisor expects to invest in debt instruments across the credit spectrum including, but not limited to, cash, government debt, investment grade corporate debt, high-yield debt, credit derivatives, commercial paper, term loans, floating rate securities and other income-producing securities including fixed-income exchange-traded funds.
Portfolio Management
| Portfolio Manager |
CI Global Asset Management |
|---|---|
| Sub-Advisor |
Marret Asset Management Inc
|
Management and Organization
| Fund Manager |
CI Global Asset Management |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CI Global Asset Management |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 1.70% |
|---|---|
| Management Fee | 1.30% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | 0.25% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
Related articles
Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
