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Alternative Multi-Stratgy
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|
NAVPS (10-09-2024) |
$10.01 |
|---|---|
| Change |
$0.00
(-0.01%)
|
As at September 30, 2024
As at August 31, 2024
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Inception Return (October 22, 2018): 0.66%
| 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 | 0.29% | 0.13% | -0.38% | 5.17% | 9.29% | 2.80% | -1.88% | -0.68% | 0.13% | - | - | - | - | - |
| Benchmark | 3.15% | 10.54% | 9.96% | 17.24% | 26.74% | 17.83% | 9.52% | 13.87% | 10.95% | 10.29% | 9.65% | 9.59% | 10.09% | 8.09% |
| Category Average | 1.42% | 2.49% | 2.49% | 5.96% | 9.72% | 6.17% | 2.18% | 3.91% | 3.37% | - | - | - | - | - |
| Category Rank | 94 / 105 | 69 / 98 | 74 / 97 | 55 / 93 | 49 / 90 | 54 / 74 | 56 / 60 | 47 / 49 | 40 / 44 | - | - | - | - | - |
| Quartile Ranking | 4 | 3 | 4 | 3 | 3 | 3 | 4 | 4 | 4 | - | - | - | - | - |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.32% | 0.95% | -0.36% | 2.31% | 2.15% | 1.01% | -0.04% | 1.44% | -1.88% | 0.55% | -0.71% | 0.29% |
| Benchmark | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% | -1.82% | 2.77% | -1.42% | 5.87% | 1.22% | 3.15% |
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 | - | - | - | - | - | 3 | 3 | 4 | 4 | 3 |
| Category Rank | - | - | - | - | - | 13/ 23 | 24/ 44 | 47/ 53 | 57/ 64 | 49/ 83 |
7.34% (2020)
-12.25% (2022)
| Name | Percent |
|---|---|
| Cash and Equivalents | 95.73 |
| Foreign Corporate Bonds | 8.97 |
| Foreign Government Bonds | 1.59 |
| Canadian Government Bonds | 0.02 |
| Foreign Bonds - Other | -0.01 |
| Other | -6.30 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 95.73 |
| Fixed Income | 10.57 |
| Exchange Traded Fund | 0.03 |
| Other | -6.33 |
| Name | Percent |
|---|---|
| North America | 96.92 |
| Latin America | 4.95 |
| Europe | 3.45 |
| Africa and Middle East | 2.45 |
| Asia | -1.69 |
| Other | -6.08 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 4.77 |
| King Street Funding Trust 08-Oct-2024 | 4.36 |
| Storm King Funding 14-Jan-2025 | 4.28 |
| Zeus Receivables Trust 15-Oct-2024 | 4.17 |
| Pure Grove Funding 04-Sep-2024 | 3.67 |
| Plaza Trust 20-Sep-2024 | 3.55 |
| Sumitomo Mitsui Banking Corp 25-Oct-2024 | 3.08 |
| Macquarie Bank Ltd 30-Nov-2026 | 3.04 |
| Merit Trust 25-Sep-2024 | 2.78 |
| North West Redwater Partnershp 17-Sep-2024 | 2.73 |
CIBC Multi-Asset Absolute Return Strategy Series A
Median
Other - Alternative Multi-Stratgy
| Standard Deviation | 5.67% | 5.49% | - |
|---|---|---|---|
| Beta | 0.00% | 0.02% | - |
| Alpha | -0.02% | 0.00% | - |
| Rsquared | 0.00% | 0.00% | - |
| Sharpe | -0.90% | -0.35% | - |
| Sortino | -0.96% | -0.62% | - |
| Treynor | -17.82% | -0.80% | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.98% | 5.67% | 5.49% | - |
| Beta | -0.04% | 0.00% | 0.02% | - |
| Alpha | 0.10% | -0.02% | 0.00% | - |
| Rsquared | 0.01% | 0.00% | 0.00% | - |
| Sharpe | 0.87% | -0.90% | -0.35% | - |
| Sortino | 2.48% | -0.96% | -0.62% | - |
| Treynor | -1.19% | -17.82% | -0.80% | - |
| 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) | $546 |
| 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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