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 2026-10-29
$5.0 million
NAVPS
As at 2026-10-29
$19.1058
MER (%)
As at 2026-06-30
1.08
MER (%)
(Excluding performance fee)
As at 2026-06-30
1.08
Management fee (%) 0.80
Units outstanding
As at 2026-10-29
260,000
Asset class Alternative Credit Focused
Currency CAD
CUSIP 12560F103
Distribution frequency Monthly
Last distribution $0.0720
Average Credit Rating BBB+

Risk rating1

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

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 risk

Performance2 As at 2026-09-30

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*
0.94% -0.82% -1.13% 0.11% 1.31% 5.11% 2.71% - 3.08%
*Since inception date

Distribution history3

Ex-Date Total
2026-10-26 0.0720
2026-09-23 0.0720
2026-08-25 0.0720
2026-07-27 0.0720
2026-06-24 0.0720
Ex-Date Total
2026-05-22 0.0720
2026-04-24 0.0720
2026-03-25 0.0720
2026-02-23 0.0720
2026-01-26 0.0720

RATING SUMMARY (%)

AAA 0.16
A 21.39
BBB 66.85
BB 8.34
B 3.27
Average Credit Rating BBB+

FUND CHARACTERISTICS

Average Coupon % 5.31
Duration 2.74
Yield 6.08

Management team

First we'll display the Team Company and then the Team members
Jason Goddard
Masood Samim

CI Marret Alternative Enhanced Yield Fund

TSX TICKER : CMEY
 
Portfolio allocations4 As at 2026-09-30
Asset allocation (%)
  • Canadian Corporate Bonds 180.04
  • Foreign Corporate Bonds 56.02
  • Foreign Bonds - Other 0.05
  • Derivatives -0.01
  • Foreign Government Bonds -8.69
  • Cash and Equivalents -35.25
  • Canadian Government Bonds -92.16
Sector allocation (%)
  • Fixed Income 99.99
  • Other -0.01
  • Cash and Cash Equivalent -35.25
Geographic allocation(%)
  • Canada 49.51
  • United States 46.47
  • United Kingdom 1.58
  • France 1.00
  • Denmark 0.49
  • Ireland 0.46
  • Australia 0.42
  • Europe 0.04
  • Other 0.03
Top holdings6
Sector (%)
1. US 2YR TREAS NTS FUT (CBT) EXP DEC 26 0.00% 31-Dec-2026 Cash and Cash Equivalent 29.42%
2. ROYAL BANK OF CANADA 4.14% 05-May-2036 Fixed Income 6.61%
3. iShares iBoxx $ High Yield Corp Bond ETF (HYG) Fixed Income 6.08%
4. Toromont Industries Ltd 3.84% 27-Oct-2027 Fixed Income 6.04%
5. Royal Bank of Canada 3.63% 10-Dec-2027 Fixed Income 5.97%
6. Toronto-Dominion Bank 5.38% 21-Oct-2027 Fixed Income 5.70%
7. AIR LEASE CORP 5.40% 01-Jun-2028 Fixed Income 5.63%
8. ALTAGAS LTD 3.02% 10-Nov-2027 Fixed Income 5.49%
9. SUNCOR ENERGY INC 2.95% 14-Nov-2027 Fixed Income 5.48%
10. Coastal Gaslink Pipeline LP 4.67% 30-Jun-2027 Fixed Income 5.48%
11. CGI Inc 3.99% 05-Sep-2027 Fixed Income 5.46%
12. Inter Pipeline Ltd 5.76% 17-Feb-2028 Fixed Income 4.89%
13. BANK OF MONTREAL 3.80% 09-Jul-2032 Fixed Income 4.62%
14. BANK OF NOVA SCOTIA/THE 4.22% 01-Aug-2036 Fixed Income 4.52%
15. CT REAL ESTATE INVESTMENT TRUST 4.36% 05-Dec-2031 Fixed Income 4.21%
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