CI Alternative Diversified Opportunities Fund

Series FH 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 2024-08-30
$1.0 billion
NAVPS
As at 2024-10-04
$9.7533
MER (%)
As at 2024-06-30
2.03
MER (%)
(Excluding performance fee)
As at 2024-06-30
2.03
Management fee (%) 0.80
Asset class Alternative Credit Focused
Currency USD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0320

Risk rating1

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

FUND CODES

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

Performance2 As at 2024-09-30

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*
4.24% 1.06% 3.87% 4.71% 10.88% 2.97% - - 2.94%
*Since inception date

Distribution history3

Payable date Total
2024-09-27 0.0320
2024-08-23 0.0320
2024-07-26 0.0320
2024-06-21 0.0320
2024-05-24 0.0320
Payable date Total
2024-04-26 0.0320
2024-03-22 0.0320
2024-02-23 0.0320
2024-01-26 0.0320
2023-12-22 0.0320

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 Global Asset Management.
Adam Tuer
Adrian Prenc

CI Alternative Diversified Opportunities Fund

Series FH USD
 
Portfolio allocations4 As at 2024-08-31
Asset allocation (%)
  • Foreign Government Bonds 26.67
  • Canadian Government Bonds 24.54
  • Cash and Equivalents 20.96
  • Foreign Corporate Bonds 15.01
  • Canadian Corporate Bonds 10.43
  • Canadian Equity 1.58
  • International Equity 0.77
  • Commodities 0.63
  • Income Trust Units 0.10
  • Other -0.69
Sector allocation (%)
  • Fixed Income 76.54
  • Cash and Cash Equivalent 20.96
  • Telecommunications 0.75
  • Energy 0.50
  • Basic Materials 0.40
  • Financial Services 0.30
  • Healthcare 0.22
  • Other 0.14
  • Utilities 0.10
  • Consumer Services 0.09
  • Industrial Services 0.09
Geographic allocation(%)
  • United States 54.41
  • Canada 44.06
  • Other 0.53
  • Bermuda 0.37
  • Brazil 0.20
  • Switzerland 0.15
  • France 0.11
  • United Kingdom 0.06
  • Mexico 0.06
  • Multi-National 0.05
Top holdings
Sector (%)
1. United States Treasury 4.00% 31-Jul-2029 Fixed Income 12.70%
2. Canada Government 3.25% 01-Dec-2033 Fixed Income 5.24%
3. Canada Government 3.00% 01-Jun-2034 Fixed Income 5.23%
4. United States Treasury 1.75% 15-Jan-2034 Fixed Income 5.11%
5. United States Treasury 4.88% 31-May-2026 Fixed Income 3.89%
6. United States Treasury 4.38% 15-May-2034 Fixed Income 3.83%
7. Canada Government 3.25% 01-Sep-2028 Fixed Income 3.52%
8. Ontario Province 4.15% 02-Dec-2054 Fixed Income 2.34%
9. United States Treasury 4.13% 31-Jul-2031 Fixed Income 2.26%
10. United States Treasury 4.38% 15-Jul-2027 Fixed Income 2.02%
11. Southwestern Energy Co 5.70% 23-Jan-2025 Cash and Cash Equivalent 1.79%
12. Canada Government 3.50% 01-Mar-2028 Fixed Income 1.78%
13. Ontario Province 4.15% 02-Jun-2034 Fixed Income 1.76%
14. United States Treasury 4.88% 30-Apr-2026 Fixed Income 1.66%
15. Ontario Province 3.60% 08-Mar-2028 Fixed Income 1.35%
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