JFT Strategies Fund
Series F CADFund overview
The Fund's investment objective is to maximize return on investment to holders of Units (the "Holders") while seeking to mitigate market risk and volatility by investing in an actively managed portfolio (the "Portfolio") of long and short positions in any one or a combination of equities, debt securities or other securities. The Portfolio will consist of long/short positions in any one or a combination of equities, debt securities or other securities that seek to generate positive returns by selecting what Timelo Investment Management Inc. (the "Portfolio Manager") believes to be superior quality investments for long positions and inferior quality investments for short positions. The Portfolio's net exposure (long versus short) will vary depending upon the Portfolio Manager's view of macro economic and other factors. The Portfolio Manager may also make selective use of derivatives and other securities in order to increase returns and/or to mitigate the downside risk of one or more of the Portfolio's investments.
Fund details
| Inception date | April 2012 |
|
Total net assets ($CAD)
As at 2026-10-30
|
$161.4 million |
|
NAVPS
As at 2026-10-30 |
$30.5739 |
|
MER (%)
As at 2026-06-30 |
2.78 |
|
MER (%) (Excluding performance fee) As at 2026-06-30 |
1.82 |
| Management fee (%) | 1.50 |
|
Units outstanding
As at 2026-10-30 |
5,279,167 |
| Asset class | Alternative Other |
| Currency | CAD |
| Minimum investment | Negotiable |
| CUSIP | 466135118 |
| Distribution frequency | Annually |
| Last distribution | $0.2500 |
Risk rating1
Performance2 As at 2026-09-30
Growth of $10,000 (Since inception date)
Calendar year performance
average annual compound returns
| YTD | 1 Mo | 3 Mo | 6 Mo | 1 Y | 3 Y | 5 Y | 10 Y | Inception* |
|---|---|---|---|---|---|---|---|---|
| 6.78% | -1.05% | 3.37% | 1.55% | 10.24% | 5.68% | 6.64% | 7.83% | 8.52% |
Distribution history3
| Payable date | Total |
|---|---|
| 2014-12-31 | 0.2500 |
Management team
|
|
Jean-François Tardif
|
Note: This page is not complete without disclaimers on the next page.
JFT Strategies Fund
Series F CAD- Cash and Equivalents 66.42
- Canadian Equity 24.42
- Income Trust Units 3.16
- Canadian Corporate Bonds 2.75
- Foreign Corporate Bonds 1.74
- International Equity 1.57
- US Equity 0.78
- Other 0.04
- Canadian Government Bonds -0.88
- Cash and Cash Equivalent 66.42
- Real Estate 10.09
- Healthcare 6.56
- Energy 5.01
- Basic Materials 4.52
- Consumer Goods 3.77
- Fixed Income 3.61
- Industrial Services 2.40
- Consumer Services 2.31
- Other -4.69
- Canada 90.66
- Other 4.70
- United States 2.62
- Israel 1.26
- Ireland 0.41
- France 0.22
- Netherlands 0.13
|
Top holdings6
|
Sector | (%) |
|---|---|---|
| 1. Bird Construction Inc | Construction | 2.99% |
| 2. McFarlane Lake Mining Ltd | Metals and Mining | 2.35% |
| 3. Big Ridge Gold Corp | Gold and Precious Metals | 2.32% |
| 4. Total Energy Services Inc | Energy Services and Equipment | 2.21% |
| 5. ADENTRA Inc | Construction Materials | 1.80% |
| 6. Galway Metals Inc | Metals and Mining | 1.78% |
| 7. Capital Power Corp | Electric Utilities | 1.75% |
| 8. Colliers International Group Inc | Real Estate Support Services | 1.68% |
| 9. Atkinsrealis Group Inc | Construction | 1.60% |
| 10. Group Eleven Resources Corp | Metals and Mining | 1.46% |
| 11. Ressources Minieres Radisson Inc | Gold and Precious Metals | 1.37% |
| 12. Extendicare Inc | Healthcare Services | 1.34% |
| 13. Calian Group Ltd | Professional Services | 1.12% |
| 14. H&R REIT - Units | Real Estate Investment Trust | 1.09% |
| 15. Yum! Brands Inc | Leisure | 1.03% |
Note: This page is not complete without disclaimers on the next page.
1 The risk level of a fund has been determined in accordance with a standardized risk classification methodology in National Instrument 81-102, that is based on the fund’s historical volatility as measured by the 10-year standard deviation of the fund’s returns. Where a fund has offered securities to the public for less than 10 years, the standardized methodology requires that the standard deviation of a reference mutual fund or index that reasonably approximates the fund’s standard deviation be used to determine the fund’s risk rating. Please note that historical performance may not be indicative of future returns and a fund’s historical volatility may not be indicative of future volatility.
2 Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all dividends/distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.
3 Please refer to the fund’s simplified prospectus for distribution information.
6 The portfolio holdings are subject to change without notice and may only represent a small percentage of portfolio holdings. They are not recommendations to buy or sell any particular security.
The contents are not to be used or construed as investment advice or as an endorsement or recommendation of any entity of security discussed.
Certain statements contained in this communication are based in whole or in part on information provided by third parties and CI has taken reasonable steps to ensure their accuracy.
The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values or returns on investment in an investment fund.
The “Growth of $10,000 invested” chart shows the final value of a hypothetical $10,000 investment in securities in this class/series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.
Management Expense Ratio (“MER”) represents the trailing 12-month management expense ratio, which reflects the cost of running the fund, inclusive of applicable taxes including HST, GST and QST (excluding commissions and other portfolio transaction costs) as a percentage of daily average net asset value the period, including the fund’s proportionate share of any underlying fund(s) expenses, if applicable. The MER is reported in each fund’s Management Report of Fund Performance (“MRFP”). MRFPs can be found within the Documents tab on ci.com.
CI Global Asset Management is a registered business name of CI Investments Inc. ©CI Investments Inc. 2026. All rights reserved.
Published October 2026