PCJ Absolute Return Fund
Highlights
- PCJ team’s highest conviction ideas: long and short
- Leverage institutional process across Large & Small Cap Canada and opportunistic US exposure
- Removes constraints (long-only, domestic-only, benchmark) to pursue highest conviction opportunities
- Trade construction to eliminate beta, and isolate alpha
- Diversified sources of alpha that are less correlated to market returns (or attractive complement to traditional portfolios)
Objectives
- Market Neutral, absolute return strategy
- Low correlation to the broader markets
- Preservation of capital and sustainable returns
- Target annualized net returns of 8% with lower volatility than equities, over a market cycle
Portfolio Exposures
Quick Facts
AUM:
$36.11 million
Inception Date:
May 01, 2015
Fund Category
Alternative
Investment Risk Rating
Medium
Fund Code (A|F)
CCL250 | CCL251
Management Fee (A|F)
2.00% | 1.00%
Performance Fee
20%
Hurdle
4%
High Water Mark
Perpetual
Minimum Investment - Accredited Investor
$25,000
Subsequent Investment
$10,000
Trade Settlement
T+1*
AUM data above is updated daily on all days that markets are open.
*Prior to May 27, 2024, the trade settlement cycle for CC&L Funds was trade date (T) + 2.
Founded in 1996, PCJ Investment Counsel Ltd. is an independent privately owned investment manager focused solely on Canadian equities. With over $900 million in total assets under management, the firm has a deep, stable portfolio management team headed by two senior investment professionals whom each have over 25 years of experience managing Canadian equities. PCJ is an affiliate of Connor, Clark & Lunn Financial Group.
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Asset Class
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CC&L Funds Inc.
June 6th, 2022