Join Fund Library now and get free access to personalized features to help you manage your investments.
Alternative Equity Focus
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Click for more information on Fundata’s ESG Grade.
|
NAVPS (12-06-2024) |
$15.44 |
|---|---|
| Change |
$0.31
(2.02%)
|
As at October 31, 2024
As at October 31, 2024
As at July 31, 2024
Loading...
Inception Return (July 08, 2021): 10.72%
| 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 | 3.00% | 6.20% | 15.58% | 19.72% | 33.92% | 27.88% | 10.50% | - | - | - | - | - | - | - |
| 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 | 0.53% | 2.54% | 7.82% | 15.42% | 23.82% | 9.82% | 5.63% | 10.04% | 7.83% | - | - | - | - | - |
| Category Rank | 30 / 210 | 36 / 205 | 28 / 192 | 52 / 168 | 46 / 167 | 11 / 145 | 23 / 122 | - | - | - | - | - | - | - |
| Quartile Ranking | 1 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 9.64% | 2.02% | 1.57% | 5.39% | 0.25% | -3.48% | 3.97% | 6.58% | -1.78% | 0.13% | 2.97% | 3.00% |
| 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% |
9.64% (November 2023)
-7.20% (January 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | -19.17% | 35.91% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | - | - | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% |
| Quartile Ranking | - | - | - | - | - | - | - | - | 4 | 1 |
| Category Rank | - | - | - | - | - | - | - | - | 114/ 123 | 10/ 150 |
35.91% (2023)
-19.17% (2022)
| Name | Percent |
|---|---|
| US Equity | 74.19 |
| Canadian Equity | 12.84 |
| Cash and Equivalents | 8.32 |
| International Equity | 4.68 |
| Other | -0.03 |
| Name | Percent |
|---|---|
| Technology | 58.48 |
| Healthcare | 13.18 |
| Cash and Cash Equivalent | 8.32 |
| Consumer Services | 6.77 |
| Real Estate | 3.65 |
| Other | 9.60 |
| Name | Percent |
|---|---|
| North America | 95.35 |
| Asia | 3.04 |
| Africa and Middle East | 1.63 |
| Other | -0.02 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 15.10 |
| NVIDIA Corp | 6.72 |
| Microsoft Corp | 4.67 |
| Meta Platforms Inc Cl A | 4.65 |
| Amazon.com Inc | 4.39 |
| Apple Inc | 4.31 |
| Broadcom Inc | 4.29 |
| ServiceNow Inc | 3.67 |
| WSP Global Inc | 3.65 |
| Eli Lilly and Co | 3.35 |
CI Alternative North American Opportunities Fund Series A
Median
Other - Alternative Equity Focus
| Standard Deviation | 16.01% | - | - |
|---|---|---|---|
| Beta | 0.79% | - | - |
| Alpha | 0.04% | - | - |
| Rsquared | 0.43% | - | - |
| Sharpe | 0.49% | - | - |
| Sortino | 0.85% | - | - |
| Treynor | 0.10% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 12.56% | 16.01% | - | - |
| Beta | 0.35% | 0.79% | - | - |
| Alpha | 0.20% | 0.04% | - | - |
| Rsquared | 0.07% | 0.43% | - | - |
| Sharpe | 2.04% | 0.49% | - | - |
| Sortino | 6.42% | 0.85% | - | - |
| Treynor | 0.73% | 0.10% | - | - |
| Tax Efficiency | 100.00% | - | - | - |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | July 08, 2021 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $55 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CIG2366 | ||
| CIG3366 | ||
| CIG3466 |
The fund seeks to generate high absolute returns over the long-term, balanced with a capital preservation mindset, by primarily investing in growth-oriented North American equities. 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 fund will invest primarily in listed Canadian and U.S. equities deploying a long/short equities strategy with a long bias. The investment strategy is designed to provide exposure to innovative and growing companies within the economy. The fund’s aggregate gross exposure will not exceed 150% of the fund’s net asset value.
| Name | Start Date |
|---|---|
| Brian Huen | 05-11-2023 |
| Jeremy Da Silva Rosa | 05-11-2023 |
| Bunty Mahairhu | 05-11-2023 |
| Gregory Quickmire | 05-11-2023 |
| Ali Pervez | 05-11-2023 |
| 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 | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 3.25% |
|---|---|
| Management Fee | 1.90% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.
Fund Library
