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

Inception Date:
May 01, 2015
AUM:
$52.91 million

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

AUM data above is updated daily on all days that markets are open.

Portfolio Manager

Founded in 1996, PCJ Investment Counsel Ltd. is an independent privately owned investment manager focused solely on Canadian equities. With over $650 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.

More information on PCJ 

Current Net Asset Value

Class or Currency

Date Class Price Change Change
October 5, 2022 F $9.2101 -$0.0153 -0.17%

Historical Net Asset Values

From

To

Class or Currency

Date Class Price Change Change
October 5, 2022 F $9.2101 -$0.0153 -0.17%
October 4, 2022 F $9.2254 -$0.0309 -0.33%
October 3, 2022 F $9.2563 -$0.0177 -0.19%
September 30, 2022 F $9.274 $0.0267 0.29%
September 29, 2022 F $9.2473 $0.0146 0.16%
September 28, 2022 F $9.2327 -$0.0165 -0.18%
September 27, 2022 F $9.2492 -$0.0035 -0.04%
September 26, 2022 F $9.2527 $0.0203 0.22%
September 23, 2022 F $9.2324 -$0.0237 -0.26%
September 22, 2022 F $9.2561 -$0.0249 -0.27%

1-190

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.

Documents

Monthly Profile – Series A

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Monthly Profile – Series F

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