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Alternative Multi-Stratgy
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|
NAVPS (11-19-2024) |
$11.80 |
|---|---|
| Change |
$0.03
(0.26%)
|
As at October 31, 2024
As at October 31, 2024
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Inception Return (September 13, 2022): 8.24%
| 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 | -0.16% | 1.83% | 7.02% | 9.88% | 18.36% | 9.93% | - | - | - | - | - | - | - | - |
| 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 | 43 / 102 | 33 / 94 | 19 / 93 | 26 / 88 | 12 / 87 | 18 / 69 | - | - | - | - | - | - | - | - |
| Quartile Ranking | 2 | 2 | 1 | 2 | 1 | 2 | - | - | - | - | - | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.09% | 2.50% | 1.32% | 2.63% | 0.87% | -2.12% | 2.01% | 2.24% | 0.76% | 0.55% | 1.43% | -0.16% |
| 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% |
5.09% (November 2023)
-3.36% (September 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | 9.74% |
| 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 | - | - | - | - | - | - | - | - | - | 1 |
| Category Rank | - | - | - | - | - | - | - | - | - | 15/ 77 |
9.74% (2023)
9.74% (2023)
| Name | Percent |
|---|---|
| US Equity | 31.89 |
| Canadian Corporate Bonds | 22.20 |
| Cash and Equivalents | 21.71 |
| Foreign Corporate Bonds | 10.49 |
| International Equity | 8.86 |
| Other | 4.85 |
| Name | Percent |
|---|---|
| Fixed Income | 31.51 |
| Cash and Cash Equivalent | 21.72 |
| Technology | 17.96 |
| Healthcare | 7.65 |
| Real Estate | 3.74 |
| Other | 17.42 |
| Name | Percent |
|---|---|
| North America | 88.60 |
| Europe | 6.19 |
| Asia | 2.85 |
| Africa and Middle East | 0.47 |
| Latin America | 0.25 |
| Other | 1.64 |
| Name | Percent |
|---|---|
| CI Marret Alternative Enh Yield Fund ETF C$ (CMEY) | 13.92 |
| CI Alternative Div Opportunities Fd ETF (CMDO) | 12.43 |
| CI Munro Alternative Global Growth ETF (CMAG) | 12.22 |
| CI Alternative Investment Grade Credit ETF (CRED) | 10.01 |
| CI Marret Alternative Absolut Ret Bon ETF (CMAR) | 10.01 |
| CI Alternative North American Opport ETF C$ (CNAO) | 9.97 |
| CI Auspice Broad Commodity Fund Hedged (CCOM) | 4.98 |
| CI Gbl Infrastructure Private Pool ETF C$ (CINF) | 2.50 |
| CI Digital Security Index ETF (CBUG) | 2.48 |
| CI Morningstar Intl Momentum Index ETF (ZXM) | 2.48 |
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.06% | - | - | - |
| Beta | 0.38% | - | - | - |
| Alpha | 0.06% | - | - | - |
| Rsquared | 0.36% | - | - | - |
| Sharpe | 2.07% | - | - | - |
| Sortino | 5.89% | - | - | - |
| Treynor | 0.33% | - | - | - |
| Tax Efficiency | 98.76% | - | - | - |
| Start Date | September 13, 2022 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $13 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CIG2166 | ||
| CIG3066 | ||
| CIG3166 |
The fund seeks to provide positive absolute returns over the long-term, while minimizing downside risk by primarily investing in alternative mutual funds and/or ETFs. The fund, either directly or indirectly, is expected to utilize alternative strategies and will use leverage. The leverage will be created generally 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 fund will seek to achieve its investment objective by primarily investing in a combination of alternative equity-focused and alternative credit-focused mutual funds and/or ETFs managed by the Manager. The fund may also invest in securities of other investment funds, including domestic and foreign ETFs, as permitted by applicable exemptive relief.
| Name | Start Date |
|---|---|
| Robert Swanson | 09-12-2022 |
| CI Global Asset Management | 09-12-2022 |
| Marc-André Lewis | 10-26-2023 |
| Fund Manager | CI Global Asset Management |
|---|---|
| Advisor | CI Global Asset Management |
| Custodian | CIBC Mellon Trust Company |
| Registrar | CI Global Asset Management |
| Distributor | - |
| Auditor | Ernst & Young LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 3.11% |
|---|---|
| Management Fee | 1.90% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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