CI Alternative Diversified Opportunities Fund

TSX TICKER : CMDO
 

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
Total net assets ($CAD)
As at 2026-05-22
$99.6 million
NAVPS
As at 2026-05-22
$20.0897
MER (%)
As at 2025-12-31
1.32
MER (%)
(Excluding performance fee)
As at 2025-12-31
1.09
Management fee (%) 0.80
Units outstanding
As at 2026-05-22
4,960,000
Asset class Alternative Credit Focused
Currency CAD
CUSIP 12546P100
Distribution frequency Monthly
Last distribution $0.0640

Risk rating1

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

Investor suitability

For those who:
  • are seeking capital appreciation and attractive risk adjusted returns over an investment 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

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*
1.82% 1.23% 0.76% 2.05% 7.70% 4.92% - - 3.64%
*Since inception date

Distribution history3

Ex-Date Total
2026-05-22 0.0640
2026-04-24 0.0640
2026-03-25 0.0640
2026-02-23 0.0640
2026-01-26 0.0640
Ex-Date Total
2025-12-23 0.0640
2025-11-24 0.0640
2025-10-27 0.0640
2025-09-23 0.0640
2025-08-25 0.0640

Management team

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

CI Alternative Diversified Opportunities Fund

TSX TICKER : CMDO
 
Portfolio allocations4 As at 2026-04-30
Asset allocation (%)
  • Foreign Corporate Bonds 74.85
  • Canadian Corporate Bonds 23.95
  • Cash and Equivalents 15.03
  • US Equity 3.19
  • International Equity 0.79
  • Canadian Equity 0.67
  • Commodities 0.26
  • Income Trust Units 0.24
  • Foreign Bonds - Other 0.01
  • Other -18.99
Sector allocation (%)
  • Fixed Income 79.63
  • Cash and Cash Equivalent 15.03
  • Technology 1.16
  • Other 1.00
  • Financial Services 0.93
  • Consumer Services 0.78
  • Telecommunications 0.62
  • Industrial Services 0.31
  • Healthcare 0.29
  • Basic Materials 0.25
Geographic allocation(%)
  • Canada 65.34
  • Other 33.86
  • India 0.26
  • Cayman Islands 0.26
  • Luxembourg 0.14
  • Brazil 0.06
  • Europe 0.04
  • Ireland 0.02
  • Switzerland 0.01
  • Bermuda 0.01
Underlying fund allocations
Sector (%)
1. US 2YR NOTE (CBT) EXP JUN 16 0.00% 30-Jun-2026 Cash and Cash Equivalent 26.42%
2. CAN 5YR BOND FUT EXP JUN 26 0.00% 19-Jun-2026 Cash and Cash Equivalent 5.98%
3. CANADIAN TREASURY BILL 0.00% 17-Jun-2026 Cash and Cash Equivalent 2.44%
4. SUNOCO LP 3.875% 06/16/2026 3.88% 16-Jun-2026 Cash and Cash Equivalent 2.26%
5. USD - FUTURES ADJUSTMENT 0.00% 18-Jun-2026 Cash and Cash Equivalent 1.62%
6. Carnival Corp 4.00% 01-May-2028 Fixed Income 1.58%
7. ENBRIDGE PIPELINES INC DISCOUNT NOTE 05/01/2026 0.00%
01-May-2026
Cash and Cash Equivalent 1.44%
8. NOVA Chemicals Corp 8.50% 15-Nov-2025 Cash and Cash Equivalent 1.42%
9. Viking Ocean Cruises Ltd 5.00% 15-Feb-2028 Fixed Income 1.40%
10. BELL TELEPHONE CO OF CANADA OR BELL CANADA 4.40% 30-Mar-2033 Fixed Income 1.37%
11. ROYAL BANK OF CANADA 3.83% 27-Mar-2030 Fixed Income 1.31%
12. TORONTO-DOMINION BANK/THE 3.77% 13-Apr-2030 Fixed Income 1.31%
13. Air Canada 3.88% 15-Aug-2026 Fixed Income 1.30%
14. IAMGOLD Corp 5.75% 15-Oct-2028 Fixed Income 1.29%
15. ROYAL BANK OF CANADA 4.14% 05-May-2036 Fixed Income 1.29%
Top holdings6
Sector (%)
1. US 2YR NOTE (CBT) EXP JUN 16 0.00% 30-Jun-2026 Other 26.42%
2. CAN 5YR BOND FUT EXP JUN 26 0.00% 19-Jun-2026 Other 5.98%
3. CANADIAN TREASURY BILL 0.00% 17-Jun-2026 Other 2.44%
4. SUNOCO LP 3.875% 06/16/2026 3.88% 16-Jun-2026 Cash and Cash Equivalent 2.26%
5. USD - FUTURES ADJUSTMENT 0.00% 18-Jun-2026 Other 1.62%
6. Carnival Corp 4.00% 01-May-2028 Fixed Income 1.58%
7. ENBRIDGE PIPELINES INC DISCOUNT NOTE 05/01/2026 0.00%
01-May-2026
Cash and Cash Equivalent 1.44%
8. NOVA Chemicals Corp 8.50% 15-Nov-2025 Cash and Cash Equivalent 1.42%
9. Viking Ocean Cruises Ltd 5.00% 15-Feb-2028 Fixed Income 1.40%
10. BELL TELEPHONE CO OF CANADA OR BELL CANADA 4.40% 30-Mar-2033 Fixed Income 1.37%
11. ROYAL BANK OF CANADA 3.83% 27-Mar-2030 Fixed Income 1.31%
12. TORONTO-DOMINION BANK/THE 3.77% 13-Apr-2030 Other 1.31%
13. Air Canada 3.88% 15-Aug-2026 Fixed Income 1.30%
14. IAMGOLD Corp 5.75% 15-Oct-2028 Fixed Income 1.29%
15. ROYAL BANK OF CANADA 4.14% 05-May-2036 Fixed Income 1.29%
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