CC&L Alternative Income Fund

Highlights

  • Flexible, absolute return strategy
  • More sources of added value vs. long-only funds
  • Increasingly important as bond market tailwinds (declining rates, tightening spreads) abate

Objectives

  • A flexible, long-short absolute return fixed income strategy.
  • Seeks to deliver positive absolute returns over a market cycle by opportunistically investing in a diversified portfolio of primarily fixed income securities.

Quick Facts

Inception Date:
February 28, 2019

Fund Category
Fixed Income - Absolute Return
Fund Code (A|F)
CCL1700 | CCL1701
Management Fee (A|F)
1.45% | 0.45%
Performance Fee
15%
Hurdle
FTSE Canada 91 day T-Bill Index
Minimum Investment
$5,000
Subsequent Investment
$500
Risk Level
Low to Medium
Systematic Purchase
$100

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

Portfolio Manager

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 over $118 billion in equities, fixed income and alternative mandates for individual and institutional investors.

More Information on Connor, Clark & Lunn Investment Management

Annualized

Class or Currency

As of March 29, 2024 6 months YTD 1 Year 3 Years 5 Years Since Inception
CC&L Alternative Income Fund - Series F 2.63% 1.83% 4.10% 1.20% 2.30% 2.48%

Annual

Class or Currency

As of December 29, 2023 2023 2022 2021 2020 2019
CC&L Alternative Income Fund - Series F 4.72% -6.31% 4.90% 5.93% N/A

Inception Date

CC&L Alternative Income Fund - Series A : February 28, 2019

CC&L Alternative Income Fund - Series F : February 28, 2019


Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rate[s] of return is [are] the historical annual compounded total return[s] including changes in [share or unit] value and reinvestment of all [dividends or distributions] and does [do] not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.


Fund performance is stated net of all management and performance fees and after trading and operating expenses. For more information on fund performance, please contact us at[email protected].


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.

Current Net Asset Value

Class or Currency

Date Class Price Change Change
April 17, 2024 F $8.4067 $0.0149 0.18%

Historical Net Asset Values

From

To

Class or Currency

Date Class Price Change Change
April 16, 2024 F $8.3918 -$0.01 -0.12%
April 15, 2024 F $8.4018 $0.0035 0.04%
April 12, 2024 F $8.3983 $0.0081 0.10%
April 11, 2024 F $8.3902 -$0.0082 -0.10%
April 10, 2024 F $8.3984 -$0.0144 -0.17%
April 8, 2024 F $8.4085 -$0.006 -0.07%
April 5, 2024 F $8.4145 $0.0075 0.09%
April 4, 2024 F $8.407 -$0.0005 -0.01%
April 3, 2024 F $8.4075 $0.0041 0.05%
April 2, 2024 F $8.4034 -$0.0106 -0.13%

1-129

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 Fund Profile – Series A

Download

Monthly Fund Profile – Series F

Download

Regulatory

Annual Proxy Votes

View

Annual Management Report of Fund Performance (MRFP)

Download

Interim Management Report of Fund Performance (MRFP)

Download

Annual Financial Statements

Download

Interim Financial Statements

Download

Simplified Prospectus

Download

Portfolio Disclosure

Download

Fund Fact Sheets

CC&L Alternative Income Fund Series A

Download

CC&L Alternative Income Fund Series F

Download

CC&L Alternative Income Fund Series I

Download

*In order to comply with the International Ethics Standards Board for Accountants (“IESBA”) Code of Ethics for Professional Accountants, the auditor of CC&L Funds, KPMG LLP, is required to publicly disclose the audit and non-audit fees, on an annual basis, charged to public interest entities.

In connection with the audits of the financial statements of the public interest entities managed by CC&L Funds for the year ended December 31, 2023, the following fees (excluding applicable taxes) were paid or payable to KPMG LLP: $178,101 for audits of financial statements and $82,215 for other services.

CC&L Funds Inc.
June 6th, 2022