(As of 8/31/2026)

CI Forge First Conservative Alternative Fund A

(Alternative Multi-Strategy)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2022





Inception Return
(4/24/2019)
6.02 %
YTD Return -0.42 %
NAVPS
(9/11/2026)
$16.70
Change $0.04 / 0.25 %
Growth of $10,000 (As of August 31, 2026)
MER 2.84 %
Assets ($mil) -
Rank (1Yr) 107/108
Std Dev (3Yr) 5.00 %
Volatility Ranking (3Yr) 2/10
RRSP Eligibility Yes
Load Back Fee Only
Max Front End 5.00 %
Max Back End -
Sales Status Open
 
Objective
The investment objective of the Fund is to generate consistent risk-adjusted net returns over the long term with low correlation to North American equity and credit markets. The Fund uses alternative investment strategies, such as equity long/short, pairs trading, arbitrage trading, thematic trading, the use of derivatives for leverage and/or borrowing for investment purposes, and seeks to achieve its objectives by investing primarily in equities, ETFs, fixed income and listed options in North A
Fund Manager

Forge First Asset Management Inc.

Portfolio Manager

Keenan Murray, Forge First Asset Management Inc.

Sub-Advisor
-
 
Asset Allocation
(As of August 31, 2026)
Sector Allocation
(As of August 31, 2026)
Geographic Allocation
(As of August 31, 2026)
Top 10 Holdings
NameAssetSectorGeographicPercent
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada17.09%
BANK MONTREAL MEDIUM DEP DISCOUNT NOTECash and EquivalentsCash and Cash EquivalentCanada12.24%
BMO BANK LOANDomestic BondsFixed IncomeCanada11.63%
BANK OF MONTREAL DEP DISCOUNT NOTECash and EquivalentsCash and Cash EquivalentCanada8.42%
BANK OF MONTREAL DEP NT DISCOUNT NOTECash and EquivalentsCash and Cash EquivalentCanada7.58%
Enbridge Inc 5.38% 27-Sep-2027Domestic BondsFixed IncomeCanada3.50%
TORONTO-DOMINION BANK/THE 7.23% 31-Oct-2049Domestic BondsFixed IncomeCanada3.39%
Taiwan Semiconductor Manufactrg Co Ltd - ADRInternational EquityTechnologyAsia/Pacific Rim3.29%
Bank of Nova Scotia 3.70% 27-Jun-2026Domestic BondsFixed IncomeCanada3.18%
Capital Power Corp 7.95% 09-Sep-2082Domestic BondsFixed IncomeCanada3.14%

Performance Data (As of August 31, 2026)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -0.82 -3.81 -3.00 -0.42 0.18 5.41 3.76 -   
Benchmark 3.10 4.88 6.79 16.00 29.91 24.76 15.28 12.81
Quartile Ranking 4 4 4 4 4 3 3 -

Calendar Return (%) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 1.93 11.31 5.69 1.04 8.10 16.52 -      -      -      -     
Benchmark 31.68 21.65 11.75 -5.84 25.09 5.60 22.88 -8.89 9.10 21.08
Quartile Ranking 4 2 2 2 3 2 - - - -

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