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CC&L Global Market Neutral II Fund Series A

Alternative Market Neutrl

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(04-17-2024)
$11.55
Change
-$0.01 (-0.05%)

As at March 31, 2024

Period
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Legend

CC&L Global Market Neutral II Fund Series A

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Fund Returns

Inception Return (March 01, 2019): 8.38%

Fund Returns
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 0.94% 2.38% 4.67% 2.38% 4.62% 2.30% 4.55% 13.33% 8.06% - - - - -
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 1.10% 4.60% 4.60% 3.73% 7.21% 3.35% 0.05% 1.49% - - - - - -
Category Rank 6 / 24 15 / 23 7 / 23 15 / 23 18 / 23 20 / 23 9 / 19 2 / 12 - - - - - -
Quartile Ranking 1 3 2 3 4 4 2 1 - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -0.12% -1.28% 0.58% -1.68% 0.87% 1.63% 1.36% 0.66% 0.20% 1.57% -0.15% 0.94%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

10.19% (April 2020)

Worst Monthly Return Since Inception

-10.25% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - 12.25% 26.67% -11.63% 7.60%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average - - - - - - -3.57% -6.24% -1.79% 4.02%
Quartile Ranking - - - - - - 3 1 4 1
Category Rank - - - - - - 7/ 12 2/ 19 23/ 23 3/ 23

Best Calendar Return (Last 10 years)

26.67% (2021)

Worst Calendar Return (Last 10 years)

-11.63% (2022)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

CC&L Global Market Neutral II Fund Series A

Median

Other - Alternative Market Neutrl

3 Yr Annualized

Standard Deviation 11.31% 12.98% -
Beta 0.59% 0.68% -
Alpha -0.01% 0.01% -
Rsquared 0.48% 0.66% -
Sharpe 0.22% 0.51% -
Sortino 0.27% 0.63% -
Treynor 0.04% 0.10% -
Tax Efficiency 60.01% - -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.65% 11.31% 12.98% -
Beta -0.02% 0.59% 0.68% -
Alpha 0.05% -0.01% 0.01% -
Rsquared 0.00% 0.48% 0.66% -
Sharpe -0.04% 0.22% 0.51% -
Sortino 0.63% 0.27% 0.63% -
Treynor 0.09% 0.04% 0.10% -
Tax Efficiency 100.00% 60.01% - -

Fund Details

Start Date March 01, 2019
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
CCL1900

Investment Objectives

The investment objective of the CC&L Global Market Neutral II Fund is to earn a positive absolute and attractive risk adjusted return over the long term while demonstrating low correlation with, and lower volatility than, traditional equity markets by investing in securities and derivative contracts and by employing equity hedge based and equity market neutral strategies. The Fund may use leverage in order to meet its stated investment objective.

Investment Strategy

The Manager has retained CCLIM, as portfolio manager, with full authority and responsibility, to invest the assets of the Fund. CCLIM and the Manager are part of CC&LFG. CCLIM was established in 1982 and is one of Canada’s largest independent investment management companies with significant experience in managing alternative investment strategies.

Portfolio Manager(s)

Name Start Date
Connor, Clark & Lunn Investment Management Ltd. 03-01-2019

Management and Organization

Fund Manager Connor, Clark & Lunn Funds Inc
Advisor Connor, Clark & Lunn Investment Management Ltd.
Custodian RBC Investor Services Trust (Canada)
Registrar RBC Investor Services Trust (Canada)
Distributor -
Auditor KPMG LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 100
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 4.05%
Management Fee 1.90%
Load Front Fee Only
FE Max 2.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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