
September Outlook: The Quiet Return of Big Government
September 14, 2023 | CC&L Investment Management
Exploring the stealthy rise of US deficits and the quiet shift in fiscal policy amid economic gains.
We offer a full range of balanced, Canadian and global equity, fixed income as well as
alternative investment solutions through separate accounts or pooled funds.
Fixed Income
Fundamental
Quantitative
Balanced
Alternative
CC&L Money Market
A portfolio that holds primarily cash and short-term Canadian debt securities and provides a higher return than cash and capital preservation.
CC&L Short Term Bond
A portfolio that holds short-term debt securities with the potential for higher returns versus money market or cash in low interest rate environments.
CC&L Core Bond
A portfolio that holds a diverse mix of high quality fixed income securities primarily within the Canadian universe.
CC&L Universe Bond Alpha Plus
A fixed income focused-portfolio that is enhanced by a combination of fundamental and quantitative market neutral processes that are well diversified and uncorrelated. A synthetic allocation to the fixed income market allows additional returns to be achieved through an allocation to the CC&L Multi-Strategy Fund.
CC&L Core Plus Bond
A core fixed income portfolio of investment-grade securities with a “plus” component consisting of credit focused absolute return. This strategy permits a higher weighting in corporate bonds.
CC&L Long Bond
A portfolio that holds a diverse mix of high quality fixed income securities primarily within the Canadian long-term universe.
CC&L Long Bond Alpha Plus
A long-term fixed income focused-portfolio that is enhanced by a combination of fundamental and quantitative market neutral processes that are well diversified and uncorrelated. A synthetic allocation to the fixed income market allows additional returns to be achieved through an allocation to the CC&L Multi-Strategy Fund.
CC&L Ultra Long Bond
A diversified portfolio of high quality Canadian government bonds with terms generally exceeding 20 years, that complements existing fixed income allocations to extend duration positioning in a liability-driven framework.
CC&L Corporate Bond
A portfolio that holds a diverse mix of primarily high quality fixed income securities within the Canadian corporate universe, with greater focus on absolute returns and more freedom to deviate from the benchmark.
CC&L High Yield Bond
A portfolio that holds primarily high yield bonds within the US corporate universe and is suitable for de-risking strategies as an alternative to equity.
CC&L Fundamental Canadian Equity
All-cap, Canadian strategy with 2% added value target above S&P/TSX Composite over long-term.
CC&L Small Cap Canadian Equity
Small-cap, Canadian strategy with 3% added value target over benchmark throughout market cycle.
CC&L Equity Income & Growth Plus
Low volatility, income oriented equity strategy with strong long-term growth; 80% Canada and 20% US Securities.
CC&L Q Canadian Equity Core
Generate returns equal to the return of the benchmark, S&P/TSX Composite Index, plus 2% per annum over a market cycle.
CC&L Q Canadian Equity Growth
Generate returns equal to the return of the benchmark, S&P/TSX Composite Index, plus 2% per annum over a market cycle.
CC&L Q International Equity
Generate returns equal to the return of the benchmark, MSCI ACWI ex USA Index (CAD) (net), plus 2.5% per annum over a market cycle.
CC&L Q International Small Cap Equity
Generate returns equal to the return of the benchmark, MSCI ACWI ex USA Small Cap Index (CAD) (net) plus 3.0% per annum over a market cycle.
CC&L Q Global Equity
Generate returns equal to the return of the benchmark, MSCI ACWI Index (CAD) (net), plus 2.0% per annum over a market cycle.
CC&L Q Global Small Cap Equity
Generate returns equal to the return of the benchmark, MSCI ACWI ex USA Small Cap Index (CAD) (net) plus 3.0% per annum over a market cycle.
CC&L Q Emerging Markets Equity
Generate returns equal to the return of the benchmark, MSCI Emerging Markets Index (CAD) (net), plus 3% per annum over a market cycle.
CC&L Q Canadian Equity Extension
Generate returns equal to the return of the benchmark, S&P/TSX Composite Index, plus 3.5% per annum over a market cycle.
CC&L Q US Equity Extension
Generate returns equal to the return of the benchmark, S&P 500 Index (Net 15%) (CAD), plus 2.0% per annum over a market cycle.
CC&L Enhanced Balanced
An actively managed, diversified portfolio of stocks, bonds and cash that combines fundamental and quantitative bottom-up security selection, as well as additional returns through the inclusion of high-yield bonds and through exposure to different market neutral strategies. ESG considerations are integrated in the underlying strategies.
CC&L Market Neutral
Small-cap, market neutral strategy with target risk and return objective of 6-8% over market cycle
CC&L Q Global Equity Market Neutral
The investment objective is to provide a return between 6% and 10% with a target volatility between 6% and 10% per annum over a market cycle and to provide returns that have a low correlation with the equity markets.
CC&L Q Canadian Equity Extension
Generate returns equal to the return of the benchmark, S&P/TSX Composite Index, plus 3.5% per annum over a market cycle.
CC&L Q US Equity Extension
Generate returns equal to the return of the benchmark, S&P 500 Index (Net 15%) (CAD), plus 2.0% per annum over a market cycle.
CC&L Q Global Equity Extension
Generate returns equal to the return of the benchmark, S&P 500 Index (Net 15%) (CAD), plus 2.0% per annum over a market cycle.
CC&L Multi-Strategy
A well-diversified portfolio that invests in complementary market neutral strategies including Q Global Equity Market Neutral, Fundamental Equity Market Neutral, and Fixed Income Absolute Return.
CC&L All Strategies
A well-diversified portfolio that has Global Market Exposure (Beta) and invests in three distinct market neutral strategies (Alpha) including Q Global Equity Market Neutral, Fundamental Equity Market Neutral, and Fixed Income Absolute Return.