CIBC Alternative Credit Strategy Class A (ATL5056)
10.25
-0.02
(-0.22%)
CAD |
Dec 05 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.53% | 169.73M | -- | 155.8% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 87.25M | 4.72% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| To provide a positive total net return over a full market cycle, regardless of general market direction, by investing primarily in long and short positions in North American corporate and government fixed-income securities. The Fund may engage in physical short sales, borrowing and/or derivatives for investment purposes. The Funds aggregate exposure shall not exceed limits on the use of gross exposure described in the Investment Strategies section or as otherwise permitted under applicable securities legislation. We will not change the Funds fundamental investment objectives without the consent of unitholders by a majority of votes cast at a meeting of unitholders. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Credit Focus |
| Peer Group | Alternative Credit Focused |
| Global Macro | Alternative Bond |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | CIBC |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
86
-18.37M
Peer Group Low
79.42M
Peer Group High
1 Year
% Rank:
39
87.25M
-128.06M
Peer Group Low
745.93M
Peer Group High
3 Months
% Rank:
28
-62.43M
Peer Group Low
258.42M
Peer Group High
3 Years
% Rank:
37
-280.83M
Peer Group Low
1.206B
Peer Group High
6 Months
% Rank:
29
-72.09M
Peer Group Low
395.40M
Peer Group High
5 Years
% Rank:
45
-442.95M
Peer Group Low
1.340B
Peer Group High
YTD
% Rank:
34
-101.27M
Peer Group Low
646.19M
Peer Group High
10 Years
% Rank:
58
-222.72M
Peer Group Low
1.369B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 06, 2025.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | 6.84% |
| Stock | 0.00% |
| Bond | 93.21% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.05% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| WESTCOAST ENERGY INC. WE 7.3 12/18/2026 FIX CAD Corporate | 4.93% | 104.04 | -0.17% |
|
CAD CASH
|
4.28% | -- | -- |
| The Bank of Nova Scotia BNS 5.679 08/02/2033 FLT CAD Corporate RegS '28 | 3.72% | 105.30 | -0.44% |
| Royal Bank of Canada RY 5.01 02/01/2033 FLT CAD Corporate RegS '28 | 3.63% | 103.64 | -0.03% |
| Equitable Bank EQUITBA 3.91 12/17/2027 FIX CAD Corporate | 3.55% | 100.79 | -0.33% |
| BNP PARIBAS BNP 4.487 09/03/2035 FLT CAD Corporate RegS '30 | 3.53% | -- | -- |
| SmartCentres Real Estate Investment Trust SMARTRE 5.354 05/29/2028 FIX CAD Corporate | 3.08% | 104.15 | -0.36% |
| Athene Global Funding ATHEGLO 5.113 03/07/2029 FIX CAD Corporate RegS | 3.05% | 104.01 | -0.55% |
| Ford Credit Canada Company FORDCRHH 6.326 11/10/2026 FIX CAD Corporate RegS | 3.04% | 102.61 | -0.11% |
| General Motors Financial of Canada Ltd. GMOTOR 5.2 02/09/2028 FIX CAD Corporate RegS | 3.03% | 103.53 | -0.33% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP |
|
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 500.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| To provide a positive total net return over a full market cycle, regardless of general market direction, by investing primarily in long and short positions in North American corporate and government fixed-income securities. The Fund may engage in physical short sales, borrowing and/or derivatives for investment purposes. The Funds aggregate exposure shall not exceed limits on the use of gross exposure described in the Investment Strategies section or as otherwise permitted under applicable securities legislation. We will not change the Funds fundamental investment objectives without the consent of unitholders by a majority of votes cast at a meeting of unitholders. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Credit Focus |
| Peer Group | Alternative Credit Focused |
| Global Macro | Alternative Bond |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | CIBC |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-5-25) | 4.76% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Bond | |
| Yield to Maturity (10-31-25) | 4.05% |
| Effective Duration | -- |
| Average Coupon | 5.15% |
| Calculated Average Quality | 3.575 |
| Effective Maturity | 8.063 |
| Nominal Maturity | 9.761 |
| Number of Bond Holdings | 9 |
As of October 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:ATL5056.TO", "name") |
| Broad Asset Class: =YCI("M:ATL5056.TO", "broad_asset_class") |
| Broad Category: =YCI("M:ATL5056.TO", "broad_category_group") |
| Prospectus Objective: =YCI("M:ATL5056.TO", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |