CC&L Diversified Market Neutral Fund

Series

As of March 31, 2025

Quick Facts

Inception Date
April 18, 2014
Fund Category
Market Neutral
Fund Code (A|F)
CCL850
Fund Code (A|F)
CCL851
Assets
$34,309,295
Unit Price
$9.79
Unit Price
$10.53
Management Fee (A|F)
1.80%
Management Fee (A|F)
0.80%
Performance Fee
20%
Hurdle
0%
High Water Mark
Perpetual
Minimum Investment
$25,000
Subsequent Investment
$10,000
Trade Settlement
T+1*

*Prior to May 27, 2024, the trade settlement cycle for CC&L Funds was trade date (T) + 2.

Distributions

Capital Gains
Annually

Objectives

  • Provide positive risk adjusted returns with low correlation to equity markets
  • Target annualized returns and volatility of 6 – 8% per annum over a market cycle
  • Deliver an attractive investment solution with low correlation to other asset classes

Highlights

  • Strive to achieve positive return regardless of market direction
  • Three distinct and complementary Market Neutral strategies
    • Q Global Equity Market Neutral
    • Fundamental Equity Market Neutral
    • Fixed Income Absolute Return
  • Strong risk management at all levels: fund, strategy and firm

Portfolio Manager

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Connor, Clark & Lunn Investment Management Ltd. was founded in 1982 and has grown to become one of Canada’s largest independent and privately owned investment management firms. CC&L’s multi-disciplined portfolio management teams collectively manage $78 billion in equities, fixed income and alternative mandates for individual and institutional investors.

More Information on Connor, Clark & Lunn Investment Management

Fund Returns1

YTD 1 mo 3 mo 6 mo 1 yr 3 yr 5 yr 10 yr Since Inception
Series A
(CCL 850)
- - - - - - - - -
2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Calendar Year Returns - - - - - - - - - -
Series F
(CCL 851)
1.56% 0.75% 1.56% 4.49% 7.26% 7.03% 5.65% 3.53% 4.65%
2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Calendar Year Returns 7.94% 5.49% 2.93% 2.84% 7.49% 3.91% -3.58% 0.45% -1.63% 16.14%

Portfolio Exposures2

For further information, please contact Connor, Clark & Lunn Funds Inc. Toll Free at 1-888-824-3120.

1.Returns are calculated net of management fees, trading and operating expenses. 2.Characteristics, Sector Allocation and Exposure data is based on the CC&L Multi-Strategy Fund – Inception Date: October, 2005. Source: Connor, Clark & Lunn Investment Management Ltd. Data displayed for illustration purposes only. Connor, Clark & Lunn Funds Inc. has retained Connor, Clark & Lunn Investment Management Ltd. to act as the portfolio manager of the CC&L Diversified Market Neutral Fund, which invests solely in units of the CC&L Mutli-Strategy Fund. 3.Relative to FTSE Canada 91 Day TBill Index. 4.Relative to S&P/TSX Composite Index. 5.Total cumulative Fund returns measured on a monthly basis when the S&P/TSX Composite was up/down respectively. Commissions, trailing commissions, management fees and expenses all may be associated with fund investments. Please read the offering memorandum before investing. The indicated rate(s) of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution oroptional charges or income taxes payable by any security holder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated

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CC&L Funds is part of Connor, Clark & Lunn Financial Group Ltd. (CC&L Financial Group), an independently owned multi-boutique asset management firm whose affiliates are collective responsible for over $142 billion in assets under management on behalf of institutional and individual investors.

Current Net Asset Value

Class or Currency

Date Class Price Change Change
April 22, 2025 F $10.5494 -$0.0258 -0.24%

Historical Net Asset Values

From

To

Class or Currency

Date Class Price Change Change
April 21, 2025 F $10.5752 $0.0029 0.03%
April 17, 2025 F $10.5723 -$0.0408 -0.38%
April 16, 2025 F $10.6131 $0.0188 0.18%
April 15, 2025 F $10.5943 $0.0254 0.24%
April 14, 2025 F $10.5689 $0.0014 0.01%
April 11, 2025 F $10.5675 -$0.0101 -0.10%
April 10, 2025 F $10.5776 $0.0185 0.18%
April 9, 2025 F $10.5591 -$0.0493 -0.46%
April 8, 2025 F $10.6084 $0.0408 0.39%
April 7, 2025 F $10.5676 $0.0211 0.20%

1-262

Source: Connor, Clark & Lunn Financial Group Ltd.

The above information is provided for your convenience. While we strive to ensure the accuracy of data presented on our website, it should not be relied upon as an official book of record.

Regulatory

Annual Financial Statements

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Interim Financial Statements

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