CI Marret Alternative Enhanced Yield Fund

TSX TICKER : CMEY
 

Fund overview

The Fund seeks to provide income with low volatility over a market cycle regardless of market conditions or general market direction, by primarily investing in both debt instruments across the credit spectrum and cash/cash equivalents. The Fund’s active management seeks to provide income while targeting low correlation to equity and traditional income.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 leverage will be calculated in accordance with the methodology prescribed by securities laws, or any exemptions therefrom.

Fund details

description of elementelement value
Inception date May 2020
Total net assets ($CAD)
As at 2026-04-30
$7.3 million
NAVPS
As at 2026-04-30
$19.7426
MER (%)
As at 2025-12-31
1.18
MER (%)
(Excluding performance fee)
As at 2025-12-31
1.11
Management fee (%) 0.80
Units outstanding
As at 2026-04-30
370,000
Asset class Alternative Credit Focused
Currency CAD
CUSIP 12560F103
Distribution frequency Monthly
Last distribution $0.0720
Average Credit Rating BB

Risk rating1

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

Performance2 As at 2026-04-30

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*
0.82% -0.43% 0.82% 1.20% 4.43% 4.61% 2.94% - 3.33%
*Since inception date

Distribution history3

Ex-Date Total
2026-04-24 0.0720
2026-03-25 0.0720
2026-02-23 0.0720
2026-01-26 0.0720
2025-12-23 0.0720
Ex-Date Total
2025-11-24 0.0720
2025-10-27 0.0720
2025-09-23 0.0720
2025-08-25 0.0720
2025-07-25 0.0720

Investor suitability

For those who:
  • want a diversified fixed income portfolio that aims to generate consistent income with low volatility over a credit cycle
  • are investing for the medium and/or long term
  • are seeking an investment which can utilize borrowing, short-selling, leverage and derivatives where appropriate to either maximize returns or mitigate negative returns
  • can tolerate low-to-medium risk

FUND CHARACTERISTICS

Average Coupon % 5.35
Duration 3.80
Yield 5.81

RATING SUMMARY (%)

AAA 0.34
AA 0.62
A 11.83
BBB 25.25
BB 44.42
B 16.55
NR 1.00
Average Credit Rating BB

CI Marret Alternative Enhanced Yield Fund

TSX TICKER : CMEY
 
Portfolio allocations4 As at 2026-03-31
Asset allocation (%)
  • Foreign Corporate Bonds 55.56
  • Canadian Corporate Bonds 36.06
  • Cash and Equivalents 13.99
  • Foreign Bonds - Other 0.03
  • Other -0.02
  • Canadian Government Bonds -2.35
  • Foreign Government Bonds -3.27
Sector allocation (%)
  • Fixed Income 86.04
  • Cash and Cash Equivalent 13.99
  • Other -0.03
Geographic allocation(%)
  • United States 56.05
  • Canada 43.39
  • Denmark 0.53
  • Europe 0.05
  • France 0.01
  • Other -0.03
Top holdings6
Sector (%)
1. US 2YR NOTE (CBT) EXP JUN 16 0.00% 30-Jun-2026 Cash and Cash Equivalent 29.03%
2. iShares iBoxx $ High Yield Corp Bond ETF (HYG) Fixed Income 4.53%
3. NOVA Chemicals Corp 8.50% 15-Nov-2025 Cash and Cash Equivalent 2.25%
4. Carnival Corp 4.00% 01-May-2028 Fixed Income 2.22%
5. ROYAL BANK OF CANADA 3.83% 27-Mar-2030 Fixed Income 2.20%
6. Atkinsrealis Group Inc 7.00% 12-Jun-2026 Cash and Cash Equivalent 2.14%
7. SUNOCO LP 3.88% 16-Jun-2026 Cash and Cash Equivalent 2.13%
8. Canada Government 3.50% 01-Dec-2057 Fixed Income 1.83%
9. Vertiv Group Corp 4.13% 29-Jun-2025 Cash and Cash Equivalent 1.83%
10. IAMGOLD Corp 5.75% 15-Oct-2028 Fixed Income 1.69%
11. USD - FUTURES ADJUSTMENT 0.00% 18-Jun-2026 Cash and Cash Equivalent 1.64%
12. Viking Ocean Cruises Ltd 5.00% 15-Feb-2028 Fixed Income 1.37%
13. CES Energy Solutions Corp 6.88% 24-May-2029 Fixed Income 1.30%
14. Chartwell Retirement Residencs 6.00% 08-Dec-2026 Fixed Income 1.26%
15. SV RNO PROPERTY OWNER 1 LLC 5.88% 01-Mar-2031 Fixed Income 1.20%

Management team

First we'll display the Team Company and then the Team members
Adrian Prenc
Jason Goddard
Masood Samim
Over 35,000 financial advisors have chosen CI Global Asset Management as a partner. We believe that Canadians have the best opportunity for investments success by using the services of a professional financial advisor. Learn more at ci.com.