Alternative Strategies

  • CC&L’s alternative strategies are focused on delivering positive absolute returns with low correlations to the capital markets.

  • Fundamental core approach: Security selection is based on the fundamental assessment of a security’s characteristics within the disciplined investment framework of the specialist investment team.

  • Increased opportunity for added returns: The long/short strategies take advantage of “sell” signals by shorting a particular security, thus creating additional opportunities to generate positive risk-adjusted returns.

  • Diversified source of return: The alpha strategies have no net bias to the underlying market, resulting in low correlations with either the equity or fixed income markets. Different products use different investment processes and invest in different geographic areas, market capitalization stocks or asset classes.

  • Strict risk control: Rigorous analysis of exposures and impact risks ensures consistency with the investment process as well as adherence to goals and portfolio risk parameters.

  • Use of leverage: The strategies employ leverage by utilizing derivatives and borrowing securities to facilitate short selling.

Risk disclosure

  • Investors should be aware of the material risks of CC&L’s Alternative strategies, which may include, but are not limited to counterparty, credit, derivatives, equity, high yield securities, interest rate, leverage, market and performance risk. For more information on the material risks of each investment strategy, please contact CC&L.

Our alternative strategies

CC&L Market Neutral

Investment Objective

The investment objective is to provide a return between 6% and 8% with a target volatility of 10% per annum over a market cycle and to provide returns that have a low correlation with the equity markets.

CC&L Q Global Equity Market Neutral

Investment Objective

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

Investment Objective

Generate returns equal to the return of the benchmark, S&P/TSX Composite Index, plus 3.5% per annum over a market cycle.

Maximize long-term total return while prudently managing investment risk relative to the benchmark.

CC&L Q US Equity Extension

Investment Objective

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.

Maximize long-term total return while prudently managing investment risk relative to the benchmark.

CC&L Q Global Equity Extension

Investment Objective

Generate returns equal to the return of the benchmark, MSCI ACWI Index (CAD) (net), plus 3.5% per annum over a market cycle.

Maximize long-term total return while prudently managing investment risk relative to the benchmark.

CC&L Multi-Strategy

Investment Objective

The investment objective is to provide a return between 6% and 8% with a volatility target between 6% and 8% per annum over a market cycle.

CC&L All Strategies

Investment Objective

The investment objective is to provide a return between 12% and 15% with a volatility target between 12% and 15% per annum over a market cycle.

CC&L Alternative Income

Investment Objective

The investment objective is to provide a return between 5% and 7% with a volatility target between 5% and 7% per annum over a market cycle.

Investment Objectives Disclosure

 

The Strategy’s investment objectives are targets only. Actual performance may differ materially,
including due to market or economic factors, portfolio management decisions, modelling error,
or other reasons. In determining the added value targets, CC&L may consider the Strategy’s performance
during historical periods, the level of estimated risk over a market cycle as well as the parameters used in
the Strategy’s portfolio construction process.

For more information about services available to you as a CC&L Investment Management client, please contact:

Phil Cotterill.

Phil Cotterill

Director & Portfolio Manager,
Head of Client Solutions

Download V-Card
Brent Wilkins.

Brent Wilkins

Senior Vice President,
Head of Institutional Sales, Canada

Download V-Card
John Ricketts.

John Ricketts

Senior Vice President, Co-Head of
Institutional Sales, USA

Download V-Card
Eric Hasenauer.

Eric Hasenauer

Senior Vice President, Co-Head of
Institutional Sales, USA

Download V-Card
Carlos Stelin.

Carlos Stelin

Director of Institutional Sales, Europe

Download V-Card

Insights

CC&L Investment Management Ltd.
September 8th, 2022