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CI Alternative Diversified Opportunities 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 (06-22-2026) |
$9.23 |
|---|---|
| Change |
-$0.01
(-0.12%)
|
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (August 12, 2021): 2.65%
| 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 | 0.59% | 0.77% | 2.11% | 2.03% | 6.16% | 6.24% | 4.37% | 3.71% | - | - | - | - | - | - |
| Benchmark | 1.41% | -0.55% | 0.39% | 1.78% | 2.90% | 5.87% | 4.11% | 3.23% | 0.83% | 0.37% | 1.26% | 1.96% | 1.65% | 1.78% |
| Category Average | 0.77% | 0.87% | 2.20% | 2.09% | 6.05% | 6.39% | 6.71% | 5.55% | 3.70% | 5.05% | 4.34% | - | - | - |
| Category Rank | 102 / 150 | 57 / 150 | 61 / 146 | 58 / 146 | 49 / 134 | 51 / 119 | 98 / 106 | 81 / 91 | - | - | - | - | - | - |
| Quartile Ranking | 3 | 2 | 2 | 2 | 2 | 2 | 4 | 4 | - | - | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.25% | 0.27% | 1.25% | 0.83% | 0.32% | -0.01% | 0.08% | 0.95% | 0.30% | -0.95% | 1.14% | 0.59% |
| Benchmark | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% | 1.41% |
Best Monthly Return Since Inception
3.67% (November 2023)
Worst Monthly Return Since Inception
-2.28% (September 2023)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | -3.13% | 4.64% | 2.74% | 6.24% |
| 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 | - | - | - | - | - | - | 3 | 4 | 4 | 2 |
| Category Rank | - | - | - | - | - | - | 45/ 85 | 92/ 105 | 109/ 110 | 45/ 132 |
Best Calendar Return (Last 10 years)
6.24% (2025)
Worst Calendar Return (Last 10 years)
-3.13% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 48.62 |
| Foreign Corporate Bonds | 47.46 |
| Cash and Equivalents | 7.94 |
| US Equity | 2.40 |
| Foreign Government Bonds | 1.74 |
| Other | -8.16 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 87.57 |
| Cash and Cash Equivalent | 7.94 |
| Financial Services | 0.85 |
| Technology | 0.85 |
| Consumer Services | 0.68 |
| Other | 2.11 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 96.58 |
| Europe | 3.04 |
| Latin America | 0.07 |
| Asia | 0.06 |
| Other | 0.25 |
Top Holdings
| Name | Percent |
|---|---|
| US 2YR TREAS NTS FUTURE (CBT) EXP SEP 26 0.00% 30-Sep-2026 | 34.58 |
| CAN 5YR BOND FUTURE (MSE) EXP SEP 26 0.00% 18-Sep-2026 | 9.04 |
| UNITED STATES TREASURY BILL | 4.84 |
| CANADIAN TREASURY BILL | 2.42 |
| SUNOCO LP 3.88% 16-Jun-2026 | 2.10 |
| US DOLLAR | 1.89 |
| USD - FUTURES ADJUSTMENT EXP SEP 26 0.00% 21-Sep-2026 | 1.64 |
| Carnival Corp 4.00% 01-May-2028 | 1.62 |
| Viking Ocean Cruises Ltd 5.00% 15-Feb-2028 | 1.62 |
| NOVA Chemicals Corp 8.50% 15-Nov-2025 | 1.41 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
CI Alternative Diversified Opportunities Fund Series A
Median
Other - Alternative Credit Focus
3 Yr Annualized
| Standard Deviation | 4.09% | - | - |
|---|---|---|---|
| Beta | 0.65 | - | - |
| Alpha | 0.02 | - | - |
| Rsquared | 0.69% | - | - |
| Sharpe | 0.19 | - | - |
| Sortino | 0.54 | - | - |
| Treynor | 0.01 | - | - |
| Tax Efficiency | 58.66% | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.22% | 4.09% | - | - |
| Beta | 0.29 | 0.65 | - | - |
| Alpha | 0.05 | 0.02 | - | - |
| Rsquared | 0.28% | 0.69% | - | - |
| Sharpe | 1.65 | 0.19 | - | - |
| Sortino | 2.44 | 0.54 | - | - |
| Treynor | 0.13 | 0.01 | - | - |
| Tax Efficiency | 42.63% | 58.66% | - | - |
Fund Details
| Start Date | August 12, 2021 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $651 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CIG14419 | ||
| CIG14439 | ||
| CIG14459 | ||
| CIG14619 | ||
| CIG14639 | ||
| CIG14659 | ||
| CIG14669 | ||
| CIG2359 | ||
| CIG3359 | ||
| CIG3459 |
Investment Objectives
The fund’s investment objective is to achieve capital appreciation and provide unitholders with attractive risk adjusted returns over an investment cycle. The fund will use leverage. The leverage will be created through the use of cash borrowings, short sales and derivative contracts. The fund’s leverage must not exceed three times the fund’s net asset value. The leverage will be calculated in accordance with the methodology prescribed by securities laws, or any exemptions therefrom.
Investment Strategy
To achieve its objective, the fund intends to invest across a variety of asset classes including, but not limited to, government bonds (nominal & inflation-linked), corporate bonds (investment grade and non-investment grade), commercial paper, bank loans, derivatives, equities, futures, equity options, commodities, currencies and exchange-traded funds, in both domestic and foreign markets.
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 | 2.26% |
|---|---|
| Management Fee | 1.80% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 5.50% |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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