CI Alternative Diversified Opportunities Fund

Series AH USD
 

Fund overview

The fund’s investment objective is to achieve capital appreciation and provide unitholders with attractive risk adjusted returns over an investment cycle. The fund may 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 leverage will be calculated in accordance with the methodology prescribed by securities regulations, or any exemptions therefrom.

Fund details

description of elementelement value
Inception date August 2021
CAD Total net assets ($CAD)
As at 2024-01-31
$1.1 billion
NAVPS
As at 2024-02-26
$9.5044
MER (%)
As at 2023-06-30
2.33
MER (%)
(Excluding performance fee)
As at 2023-06-30
2.15
Management fee (%) 1.80
Asset class Alternative Credit Focused
Currency USD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0230

Risk rating1

  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High

FUND CODES

AH ISC 2361
DSC SO* 3461
LL SO 3361
FH 4461
IH 5361
PH 90361
*No new purchases directly into switch only funds.

Performance2 As at 2024-01-31

Growth of $10,000 (Since inception date)

growth of 10k graph

Calendar year performance

annual performance graph

average annual compound returns

YTD 1 Mo 3 Mo 6 Mo 1 Y 3 Y 5 Y 10 Y Inception*
-0.55% -0.55% 6.32% 2.97% 2.59% - - - 0.80%
*Since inception date

Distribution history3

Payable date Total
2024-02-23 0.0230
2024-01-26 0.0230
2023-12-22 0.0230
2023-11-24 0.0230
2023-10-27 0.0230
Payable date Total
2023-09-22 0.0230
2023-08-25 0.0230
2023-07-28 0.0230
2023-06-23 0.0230
2023-05-26 0.0230

Management team

First we'll display the Team Company and then the Team members
Marret Asset Management
Marret Asset Management focuses on fixed-income investing and alternative strategies on behalf of institutional, high net worth and retail clients. Marret Asset Management Inc. is a partly owned subsidiary of CI Financial Corp. and an affiliate of CI Investments Inc.
Adam Tuer
Adrian Prenc

CI Alternative Diversified Opportunities Fund

Series AH USD
 
Portfolio allocations4 As at 2024-01-31
Asset allocation (%)
  • Foreign Government Bonds 48.29
  • Canadian Government Bonds 44.96
  • Canadian Corporate Bonds 7.18
  • Foreign Corporate Bonds 3.02
  • Commodities 2.11
  • Canadian Equity 0.63
  • International Equity 0.10
  • Derivatives -0.05
  • Other -6.24
Sector allocation (%)
  • Fixed Income 99.99
  • Basic Materials 0.22
  • Energy 0.18
  • Industrial Services 0.13
  • Utilities -0.05
  • Telecommunications -0.07
  • Real Estate -0.08
  • Consumer Goods -0.08
  • Industrial Goods -0.17
  • Other -3.53
Geographic allocation(%)
  • Canada 50.16
  • United States 47.52
  • Other 1.84
  • Brazil 0.15
  • Europe 0.15
  • Netherlands 0.09
  • Australia 0.05
  • Bermuda 0.04
Top holdings
Sector (%)
1. Canada Government 2.75% 01-Jun-2033 Fixed Income 14.30%
2. Canada Government 3.25% 01-Dec-2033 Fixed Income 10.56%
3. UNITED STATES TREASURY NOTE/BOND 4.00% 31-Jan-2029 Fixed Income 10.08%
4. Canada Government 3.50% 01-Mar-2028 Fixed Income 9.90%
5. Canada Government 3.25% 01-Sep-2028 Fixed Income 7.24%
6. United States Treasury 4.38% 30-Nov-2030 Fixed Income 6.86%
7. UNITED STATES TREASURY NOTE/BOND 4.00% 31-Jan-2031 Fixed Income 6.16%
8. UNITED STATES TREASURY NOTE/BOND 3.75% 31-Dec-2028 Fixed Income 5.45%
9. United States Treasury 4.88% 31-Oct-2028 Fixed Income 4.09%
10. United States Treasury 4.13% 30-Sep-2027 Fixed Income 2.66%
11. UNITED STATES TREASURY INFLATION INDEXED BONDS 1.75%
15-Jan-2034
Fixed Income 2.57%
12. United States Treasury 1.38% 15-Jul-2033 Fixed Income 2.51%
13. UNITED STATES TREASURY NOTE/BOND 4.62% 15-Nov-2026 Fixed Income 2.44%
14. United States Treasury 2.38% 31-Mar-2029 Fixed Income 2.29%
15. United States Treasury 4.50% 15-Nov-2033 Fixed Income 1.84%
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