Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
1.71% 0.07% 721.57M 5549.03
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
3.07% 357.4% 140.63M Upgrade

Basic Info

Investment Strategy
The fund seeks to generate consistent positive total returns with an emphasis on capital preservation and low correlation to traditional equity and fixed income markets. The fund will be primarily invested in the investment grade debt of corporations and financial institutions in the developed world. 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.
General
Security Type Exchange-Traded Fund
Equity Style Large Cap/Value
Fixed Income Style Low Quality/Limited Sensitivity
Broad Asset Class --
Broad Category Alternative
Category Name Alternative Credit Focused
Category Index Morningstar CAD O/N Cash GR CAD
Global Category Name Alternative Miscellaneous
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective --
Fund Owner Firm Name CI Investments Inc
Prospectus Benchmark Index
FTSE Canada All Corp Bond 100.0%
Broad Asset Class Benchmark Index
^SPTSX60TR 100.0%
Manager Tenure
Jason Goddard 2.90 yrs

Performance Versus Category

 
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View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 26, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
--
--
--
--
1.23%
-3.57%
6.17%
3.03%
9.78%
-7.58%
21.93%
5.56%
28.04%
-6.24%
12.05%
5.16%
--
--
--
--
--
2.48%
9.94%
3.64%
--
--
--
--
--
-2.65%
5.90%
-2.25%
--
--
--
--
--
-9.52%
8.72%
2.39%
--
--
--
9.28%
3.15%
-3.42%
7.26%
1.73%
As of April 26, 2024.

Asset Allocation

As of March 31, 2024.
Type % Net % Long % Short
Cash 28.52% Upgrade Upgrade
Stock 3.84% Upgrade Upgrade
Bond 66.04% Upgrade Upgrade
Convertible -0.00% Upgrade Upgrade
Preferred 1.41% Upgrade Upgrade
Other 0.19% Upgrade Upgrade

Basic Info

Investment Strategy
The fund seeks to generate consistent positive total returns with an emphasis on capital preservation and low correlation to traditional equity and fixed income markets. The fund will be primarily invested in the investment grade debt of corporations and financial institutions in the developed world. 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.
General
Security Type Exchange-Traded Fund
Equity Style Large Cap/Value
Fixed Income Style Low Quality/Limited Sensitivity
Broad Asset Class --
Broad Category Alternative
Category Name Alternative Credit Focused
Category Index Morningstar CAD O/N Cash GR CAD
Global Category Name Alternative Miscellaneous
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective --
Fund Owner Firm Name CI Investments Inc
Prospectus Benchmark Index
FTSE Canada All Corp Bond 100.0%
Broad Asset Class Benchmark Index
^SPTSX60TR 100.0%
Manager Tenure
Jason Goddard 2.90 yrs

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