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CI Alternative Multi-Strategy Fund Series A

Alternative Multi-Stratgy

NAVPS
(06-14-2024)
$11.37
Change
-$0.01 (-0.08%)

As at May 31, 2024

As at May 31, 2024

Period
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Legend

CI Alternative Multi-Strategy Fund Series A

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Fund Returns

Inception Return (September 13, 2022): 7.31%

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 2.01% 0.72% 7.35% 4.73% 9.64% - - - - - - - - -
Benchmark 2.77% 5.07% 11.79% 7.58% 17.55% 7.08% 7.35% 13.44% 10.14% 8.92% 8.75% 9.19% 7.72% 7.53%
Category Average 1.20% 5.85% 5.85% 3.72% 7.47% 3.25% 1.41% 4.14% 3.34% - - - - -
Category Rank 22 / 103 80 / 102 28 / 99 43 / 100 36 / 97 - - - - - - - - -
Quartile Ranking 1 4 2 2 2 - - - - - - - - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.75% 0.55% -0.30% -2.72% -1.10% 5.09% 2.50% 1.32% 2.63% 0.87% -2.12% 2.01%
Benchmark 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77%

Best Monthly Return Since Inception

5.09% (November 2023)

Worst Monthly Return Since Inception

-3.36% (September 2022)

Calendar Return (%)

Calendar Return
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/ 90

Best Calendar Return (Last 10 years)

9.74% (2023)

Worst Calendar Return (Last 10 years)

9.74% (2023)

Asset Allocation

Asset Allocation
Name Percent
US Equity 32.16
Canadian Corporate Bonds 20.03
Foreign Corporate Bonds 13.14
Foreign Government Bonds 10.50
International Equity 9.21
Other 14.96

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 42.82
Technology 19.88
Healthcare 8.05
Cash and Cash Equivalent 7.99
Real Estate 3.91
Other 17.35

Geographic Allocation

Geographic Allocation
Name Percent
North America 86.58
Europe 6.33
Asia 3.58
Latin America 0.26
Africa and Middle East 0.23
Other 3.02

Top Holdings

Top Holdings
Name Percent
CI Marret Alternative Enh Yield Fund ETF C$ (CMEY) 13.99
CI Alternative Div Opportunities Fd ETF (CMDO) 12.63
CI Munro Alternative Global Growth ETF (CMAG) 12.12
CI Marret Alternative Absolut Ret Bon ETF (CMAR) 10.17
CI Alternative Investment Grade Credit ETF (CRED) 10.06
CI Alternative North American Opport ETF C$ (CNAO) 9.90
CI Auspice Broad Commodity Fund Hedged (CCOM) 4.94
CI Global REIT Private Pool ETF C$ (CGRE) 2.58
CI Health Care Gia Cov Cal ETF (FHI) 2.57
CI Gbl Infrastructure Private Pool ETF C$ (CINF) 2.54

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: S. Average Credit Quality: M.

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

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) $11

Fund Codes

FundServ Code Load Code Sales Status
CIG2166
CIG3066
CIG3166

Investment Objectives

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.

Investment Strategy

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.

Portfolio Manager(s)

Name Start Date
Robert Swanson 09-12-2022
CI Investments Inc 09-12-2022
Marc-André Lewis 10-26-2023

Management and Organization

Fund Manager CI Global Asset Management
Advisor CI Global Asset Management
Custodian CIBC Mellon Trust Company
Registrar CI Investments Inc
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

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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