CI Auspice Broad Commodity Fund

Series F CAD Hedged
 

Fund overview

The fund’s investment objective seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Auspice Broad Commodity Excess Return Index, or any successor there to, by investing in financial instruments, including futures contracts and derivatives, to gain exposure to the Auspice Broad Commodity Excess Return Index. The Auspice Broad Commodity Excess Return Index currently uses a quantitative methodology to track a diversified portfolio of commodity futures contracts, or components, across 3 sectors: Agriculture, Energy, and Metals.

Fund details

description of elementelement value
Inception date May 2023
CAD Total net assets ($CAD)
As at 2024-06-28
$157.5 million
NAVPS
As at 2024-07-18
$9.8675
MER (%)
As at 2023-12-31
0.67
Management fee (%) 0.52
Asset class Alternative Other
Currency CAD Hedged
Minimum investment $500 initial/$25 additional
Distribution frequency Quarterly
Last distribution $0.0876

Risk rating1

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

FUND CODES

F 4124
A ISC 2124
DSC SO* 3124
LL SO 3024
I 5124
P 90129
*No new purchases directly into switch only funds.

Performance2 As at 2024-06-30

Growth of $10,000 (Since inception date)

growth of 10k graph

average annual compound returns

YTD 1 Mo 3 Mo 6 Mo 1 Y 3 Y 5 Y 10 Y Inception*
6.40% -1.16% 3.55% 6.40% 2.43% - - - -0.78%
*Since inception date

Distribution history3

Payable date Total
2024-03-22 0.0876

Management team

First we'll display the Team Company and then the Team members
Auspice Capital Advisors Ltd.
Auspice Capital Advisors Ltd.
Tim Pickering
Ken Corner

CI Auspice Broad Commodity Fund

Series F CAD Hedged
 
Commodity Positioning (As at 2024-07-17)
Agriculture Energy Metals
Corn Flat Crude Oil Long Copper Long
Cotton Flat Gasoline Long Gold Long
Soybean Flat Heating Oil Flat Silver Flat
Sugar Flat Natural Gas Flat
Wheat Flat
Top holdings
Sector (%)
1. CI Money Market Fund Class I Mutual Fund 90.35%
2. GOLD 100 OZ FUTURE (CMX) EXP AUG 24 0.00% 28-Aug-2024 Other 14.69%
3. CRUDE OIL FUTURE (NYM) EXP JAN 25 0.00% 23-Dec-2024 Other 10.43%
4. GASOLINE RBOB FUTURE (NYM) EXP OCT 24 0.00% 30-Sep-2024 Other 8.41%
5. COPPER FUTURE (CMX) EXP DEC 24 0.00% 27-Dec-2024 Other 6.92%
6. WHEAT FUTURE (CBT) EXP MAR 25 0.00% 14-Mar-2025 Other 6.41%
7. SILVER FUTURE (CMX) EXP SEP 24 0.00% 26-Sep-2024 Other 6.10%
8. Canada Government 01-Aug-2024 Cash and Cash Equivalent 0.62%
9. USD - FUTURES ADJUSTMENT EXP SEP 24 0.00% 26-Sep-2024 Cash and Cash Equivalent -6.10%
10. USD - FUTURES ADJUSTMENT EXP MAR 25 0.00% 14-Mar-2025 Cash and Cash Equivalent -6.41%
11. USD - FUTURES ADJUSTMENT EXP DEC 24 0.00% 27-Dec-2024 Cash and Cash Equivalent -6.92%
12. USD - FUTURES ADJUSTMENT EXP OCT 24 0.00% 30-Sep-2024 Cash and Cash Equivalent -8.41%
13. USD - FUTURES ADJUSTMENT EXP JAN 25 0.00% 23-Dec-2024 Cash and Cash Equivalent -10.43%
14. USD - FUTURES ADJUSTMENT EXP AUG 24 0.00% 28-Aug-2024 Cash and Cash Equivalent -14.69%
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