(As of 7/31/2026)

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)
6.21 %
YTD Return 0.41 %
NAVPS
(8/21/2026)
$16.76
Change $0.02 / 0.11 %
Growth of $10,000 (As of July 31, 2026)
MER 2.84 %
Assets ($mil) -
Rank (1Yr) 112/113
Std Dev (3Yr) 4.94 %
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 July 31, 2026)
Sector Allocation
(As of July 31, 2026)
Geographic Allocation
(As of July 31, 2026)
Top 10 Holdings
NameAssetSectorGeographicPercent
BMO BANK LOANDomestic BondsFixed IncomeCanada20.78%
BANK OF MONTREAL DEP DISCOUNT NOTECash and EquivalentsCash and Cash EquivalentCanada14.14%
BANK MONTREAL MEDIUM DEP DISCOUNT NOTECash and EquivalentsCash and Cash EquivalentCanada12.11%
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada8.39%
BANK OF MONTREAL DEP NT DISCOUNT NOTECash and EquivalentsCash and Cash EquivalentCanada7.50%
Enbridge Inc 5.38% 27-Sep-2027Domestic BondsFixed IncomeCanada3.46%
Enerflex LtdCanadian EquityEnergyCanada3.38%
TORONTO-DOMINION BANK/THE 7.23% 31-Oct-2049Domestic BondsFixed IncomeCanada3.35%
Taiwan Semiconductor Manufactrg Co Ltd - ADRInternational EquityTechnologyAsia/Pacific Rim3.21%
Bank of Nova Scotia 3.70% 27-Jun-2026Domestic BondsFixed IncomeCanada3.15%

Performance Data (As of July 31, 2026)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -3.07 -3.20 -0.05 0.41 0.09 5.96 3.82 -   
Benchmark 1.22 4.29 11.58 12.52 32.26 22.93 14.95 12.50
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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