CC&L Global Alpha Fund

Series

As of March 31, 2025

Quick Facts

Inception Date
May 12, 2014
Fund Category
Global Small Cap
Fund Code (A|F)
CCL450
Fund Code (A|F)
CCL451
Assets
$1,600,527,690
Unit Price
$11.52
Unit Price
$12.33
Management Fee (A|F)
2.20%
Management Fee (A|F)
1.20%
MER (A|F)
2.47%
MER (A|F)
1.36%
Risk Level
Medium
Minimum Investment
$5,000
Subsequent Investment
$5,00
Systematic Purchase
$100
Trade Settlement
T+1*

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

Distributions

Income
Quarterly
Capital Gains
Annually

Objectives

  • Long term capital appreciated in excess of the MSCI World Small Cap Index
  • Maximize alpha opportunities from best ideas
  • 20% – 40% portfolio turnover

Highlights

  • Attractive, under-owned asset class
  • Diversification – good offset to Large Cap equities
  • Asset class well suited to active management
  • Concentrated, high conviction portfolio

Portfolio Manager

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Global Alpha Capital Management Ltd. is uniquely focused on constructing the best global and international small cap portfolios that it can possibly deliver for clients. Founded in 2008, the firm is an independent privately owned investment manager with over $8.6 billion in assets under management and a dedicated team of investment professionals. Global Alpha is an affiliate of Connor, Clark & Lunn Financial Group.

More Information on Global Alpha Capital Management

Fund Returns1

YTD 1 mo 3 mo 6 mo 1 yr 3 yr 5 yr 10 yr Since Inception
Series A
(CCL 450)
-3.91% -2.69% -3.91% -2.33% 5.10% 3.47% 10.67% 6.50% 7.71%
2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Calendar Year Returns 19.31% 4.21% -16.10% 21.90% 3.64% 22.89% -3.84% 11.62% 7.07% 24.26%
Series F
(CCL 451)
-3.66% -2.61% -3.66% -1.78% 6.24% 4.58% 11.88% 7.65% 8.99%
2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Calendar Year Returns 20.61% 5.37% -15.22% 23.24% 4.77% 24.17% -2.76% 12.89% 8.18% 25.61%

Top Ten Equities2

Savills PLC
3.94%
Melia Hotels International
3.62%
Extendicare Inc
3.53%
Ormat Technologies Inc
3.05%
Loomis Ab-B
2.56%
Sanmina Corp.
2.55%
Sega Sammy Holdings Inc
2.47%
Concordia Financial Group ltd
2.46%
Limoneira Co
2.36%
Globus Medical A
2.17%
Total
28.71%

Sector Allocation2

Energy
3.25%
Materials
5.54%
Industrials
22.77%
Consumer Discretionary
11.10%
Consumer Staples
8.00%
Health Care
13.19%
Financials
12.08%
Information Technology
8.61%
Communication Services
3.75%
Utilities
3.10%
Real Estate
8.60%
Total
100.00%

Regional Allocation2

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. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Pleaseread the prospectus 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 takeinto account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. The specified distribution rate is a target only and may beadjusted from time to time by the Manager without prior notification to unitholders. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. 2.Allocationsmay not add to 100% due to rounding. Connor, Clark & Lunn Funds Inc. has retained Global Alpha Capital Management Ltd to act as portfolio manager for the CC&L Global Alpha Fund.

http://ccl-logo-white

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.

Annualized

Class or currency

As of March 31, 2025 6 months YTD 1 Year 3 Years 5 Years Since Inception
CC&L Global Alpha Fund - Series F -1.78% -3.66% 6.24% 4.58% 11.88% 8.99%

Annual

Class or currency

As of December 31, 2024 2024 2023 2022 2021 2020
CC&L Global Alpha Fund - Series F 20.61% 5.37% -15.22% 23.24% 4.77%

Inception Date

CC&L Global Alpha Fund - Series A : May 12, 2014

CC&L Global Alpha Fund - Series F : June 24, 2014


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 22, 2025 F $11.5885 $0.1732 1.52%

Historical Net Asset Values

From

To

Class or Currency

Date Class Price Change Change
April 21, 2025 F $11.4153 -$0.1243 -1.08%
April 17, 2025 F $11.5396 $0.0483 0.42%
April 16, 2025 F $11.4913 -$0.0736 -0.64%
April 15, 2025 F $11.5649 $0.0789 0.69%
April 14, 2025 F $11.486 $0.1368 1.21%
April 11, 2025 F $11.3492 $0.0186 0.16%
April 10, 2025 F $11.3306 -$0.1166 -1.02%
April 9, 2025 F $11.4472 $0.4443 4.04%
April 8, 2025 F $11.0029 -$0.0312 -0.28%
April 7, 2025 F $11.0341 -$0.4182 -3.65%

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 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

View

Fund Fact Sheets

CC&L Global Alpha Fund Series A

Download

CC&L Global Alpha Fund Series F

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.