CI Alternative Investment Grade Credit ETF C$ Series Units CRED Strategy
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.
Ticker | Name | Share Class Type | Investment Status | Morningstar Rating for Funds Overall | Medalist Rating Overall | Inception Date | Total Net Assets for Share Class | Adjusted Expense Ratio | Fee Level Distribution | Minimum Initial Investment | 1-Year Net Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|
CRED.U | CI Alternative Investment Grade Credit ETF US$ Hedged Series Units | ETF | Open | — | — | $1.56M | — | Below Average | — | $483,762.12 | |
CRED | CI Alternative Investment Grade Credit ETF C$ Series Units | ETF | Open | — | — | CA$158.75M | — | Below Average | — | −CA$222.63M | |
| — | CI Alternative Investment Grade Credit Fund A | — | Open | — | — | CA$3.68M | — | Low | CA$500 | −CA$2.03M | |
| — | CI Alternative Investment Grade Credit Fund F | — | Open | — | — | CA$27.13M | — | Below Average | CA$500 | −CA$9.32M | |
| — | CI Alternative Investment Grade Credit Fund W | — | Open | — | — | CA$28.18M | — | Low | CA$0 | −CA$2.59M | |
| — | CI Alternative Investment Grade Credit Fund P | — | Open | — | — | CA$58,162.00 | — | Low | CA$500 | −CA$3,610.54 | |
| — | CI Alternative Investment Grade Credit Fund FH | — | Open | — | — | $50,808.00 | — | Average | $500 | $152.71 | |
| — | CI Alternative Investment Grade Credit Fund PH | — | Open | — | — | $8,159.00 | — | Low | $500 | $34.04 | |
| — | CI Alternative Investment Grade Credit Fund AH | — | Open | — | — | $8,157.00 | — | Low | $500 | $32.98 |
United States