Key stats
About CI AUSPICE BROAD COMMODITY FUND HEDGED COM UNIT
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Inception date
Sep 22, 2022
Structure
Canadian Commodity Pool (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
CI Investments, Inc.
The fund tracks a broad commodity index that considers different commodity futures contracts in the agriculture, energy, and metals sectors. Futures positions are weighted by historical volatility and each position can be either long or flat (i.e. moved to cash) based on prevailing price trends in the contract. Contract tenor is determined by an optimized, rules-based process that selects contracts within the next 13-month period. The adviser also invests COMs collateral in T-bills, money market funds, cash, and other short-term, highly rated corporate and government debt. Rather than a commodity pool, the fund uses a Cayman structure (getting exposure through a wholly-owned Cayman Islands subsidiary). As such, taxable investors avoids a K-1 form at tax time.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.87%
Government0.69%
Miscellaneous−0.00%
Futures−1.55%
Top 10 holdings
Symbol
Assets
C
Canadian Dollar
100.87%
T
TREASURY ISSUES (SHORT-TERM)
0.69%
D
DERIVATIVE SECURITIES (OTHER)
0.00%
F
FUTURES
−1.55%
Top 10 weight100.00%
4 total holdings
Dividends
Dividend payout history