PCJ Absolute Return II 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:
March 05, 2021

Fund Category
Absolute Return
Fund Code (A|F)
CCL2000 | CCL2001
Management Fee (A|F)
2.00% | 1.00%
Performance Fee
20%
Hurdle
2.00% per annum
High Water Mark
Perpetual
Minimum Investment
$5,000
Subsequent Investment
$500
Risk Level
Low to Medium
Systematic Purchase
$100
Liquidity
Weekly

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

Annualized

Class or Currency

As of September 30, 2022 6 months YTD 1 Year 3 Years 5 Years Since Inception
PCJ Absolute Return II Fund - Series F -1.53% -2.92% -3.48% 0.00% 0.00% -4.57%

Annual

Class or Currency

As of December 31, 2021 2021 2020 2019 2018 2017
PCJ Absolute Return II Fund - Series F 0.00% 0.00% 0.00% 0.00% 0.00%

Inception Date

PCJ Absolute Return II Fund - Series A : March 5, 2021

PCJ Absolute Return II Fund - Series F : March 5, 2021


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
October 5, 2022 F $9.2279 -$0.0154 -0.17%

Historical Net Asset Values

From

To

Class or Currency

Date Class Price Change Change
October 5, 2022 F $9.2279 -$0.0154 -0.17%
October 4, 2022 F $9.2433 -$0.0299 -0.32%
October 3, 2022 F $9.2732 -$0.0179 -0.19%
September 30, 2022 F $9.2911 $0.0254 0.27%
September 29, 2022 F $9.2657 $0.0086 0.09%
September 28, 2022 F $9.2571 -$0.0162 -0.17%
September 27, 2022 F $9.2733 $0.0016 0.02%
September 26, 2022 F $9.2717 $0.0187 0.20%
September 23, 2022 F $9.253 -$0.0246 -0.27%
September 22, 2022 F $9.2776 -$0.0267 -0.29%

1-40

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

Download

Annual Management Report of Fund Performance (MRFP)

Download

Interim Management Report of Fund Performance (MRFP)

Download

Annual Financial Statements

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Interim Financial Statements

Download

Simplified Prospectus

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Statement of Financial Position

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Fund Fact Sheets

PCJ Absolute Return ll Fund Series A

Download

PCJ Absolute Return ll Fund Series F

Download

PCJ Absolute Return ll Fund Series I

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