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 Absolute Return Bond Fund (Series A units)
Alternative Credit Focus
Click for more information on Fundata’s FundGrade
FundGrade E
Click for more information on Fundata’s FundGrade.
|
NAVPS (06-22-2026) |
$9.10 |
|---|---|
| Change |
-$0.01
(-0.16%)
|
As at May 31, 2026
As at May 31, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (November 07, 2018): 2.21%
| 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 | 0.65% | 0.32% | 1.56% | 1.67% | 4.11% | 5.25% | 3.63% | 2.50% | 0.91% | 0.99% | 1.86% | - | - | - |
| 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 | 88 / 150 | 91 / 150 | 82 / 146 | 70 / 146 | 97 / 134 | 84 / 119 | 102 / 106 | 90 / 91 | 67 / 67 | 50 / 50 | 21 / 22 | - | - | - |
| Quartile Ranking | 3 | 3 | 3 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.83% | -0.06% | 0.77% | 0.79% | 0.21% | -0.06% | -0.11% | 0.71% | 0.64% | -0.80% | 0.47% | 0.65% |
| 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
4.21% (November 2023)
Worst Monthly Return Since Inception
-3.38% (April 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | 4.52% | 8.41% | 0.45% | -9.15% | 4.16% | 2.94% | 4.30% |
| 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 | 2 | 4 | 4 | 4 | 4 | 3 |
| Category Rank | - | - | - | 16/ 19 | 13/ 36 | 60/ 64 | 72/ 85 | 96/ 105 | 108/ 110 | 94/ 132 |
Best Calendar Return (Last 10 years)
8.41% (2020)
Worst Calendar Return (Last 10 years)
-9.15% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 47.36 |
| Foreign Corporate Bonds | 42.06 |
| Foreign Government Bonds | 19.75 |
| Canadian Government Bonds | 11.20 |
| Foreign Bonds - Other | 0.52 |
| Other | -20.89 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 120.89 |
| Real Estate | 0.00 |
| Cash and Cash Equivalent | -20.88 |
| Other | -0.01 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 97.14 |
| Europe | 2.86 |
Top Holdings
| Name | Percent |
|---|---|
| US 2YR TREAS NTS FUTURE (CBT) EXP SEP 26 0.00% 30-Sep-2026 | 38.68 |
| CAN 5YR BOND FUTURE (MSE) EXP SEP 26 0.00% 18-Sep-2026 | 22.19 |
| US 5YR NOTE (CBT) EXP SEP 16 0.00% 30-Sep-2026 | 12.05 |
| UNITED STATES TREASURY BILL | 9.96 |
| CANADIAN TREASURY BILL | 5.26 |
| Canada Government 3.25% 01-Dec-2035 | 2.17 |
| USD - FUTURES ADJUSTMENT EXP SEP 26 0.00% 21-Sep-2026 | 1.71 |
| US DOLLAR | 1.62 |
| Viking Ocean Cruises Ltd 5.00% 15-Feb-2028 | 1.40 |
| ENBRIDGE INC DISCOUNT NOTE | 1.39 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
CI Marret Alternative Absolute Return Bond Fund (Series A units)
Median
Other - Alternative Credit Focus
3 Yr Annualized
| Standard Deviation | 4.59% | 5.39% | - |
|---|---|---|---|
| Beta | 0.78 | 0.83 | - |
| Alpha | 0.00 | 0.00 | - |
| Rsquared | 0.77% | 0.81% | - |
| Sharpe | 0.02 | -0.34 | - |
| Sortino | 0.23 | -0.49 | - |
| Treynor | 0.00 | -0.02 | - |
| Tax Efficiency | 58.79% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.75% | 4.59% | 5.39% | - |
| Beta | 0.35 | 0.78 | 0.83 | - |
| Alpha | 0.03 | 0.00 | 0.00 | - |
| Rsquared | 0.64% | 0.77% | 0.81% | - |
| Sharpe | 0.97 | 0.02 | -0.34 | - |
| Sortino | 0.88 | 0.23 | -0.49 | - |
| Treynor | 0.05 | 0.00 | -0.02 | - |
| Tax Efficiency | 49.71% | 58.79% | - | - |
Fund Details
| Start Date | November 07, 2018 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $181 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CIG14063 | ||
| CIG14163 | ||
| CIG14164 | ||
| CIG14263 | ||
| CIG14363 | ||
| CIG14414 | ||
| CIG14814 | ||
| CIG2191 | ||
| CIG3091 | ||
| CIG3191 |
Investment Objectives
The fund seeks to provide positive absolute returns with low volatility over a market cycle regardless of market conditions or general market direction, by primarily investing in debt instruments across the credit spectrum including cash, government debt, investment grade corporate debt, high yield debt, credit derivatives and other income-producing securities throughout the world. The fund will use leverage.
Investment Strategy
The fund will invest primarily in debt instruments across the credit spectrum including cash, government debt, investment grade corporate debt, convertible bonds, high yield debt, government agency securities, inflation-linked bonds, private debt, credit derivatives and other income-producing securities throughout the world.
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 | 5,000 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 1.64% |
|---|---|
| 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) | - |
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
