CI Marret Alternative Enhanced Yield Fund (CMEY.TO)

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CI Marret Alternative Enhanced Yield Fund (CMEY.TO) is up 2.6% since the beginning of the year. CMEY.TO is currently trading at CA$20 per share. Investors who bought CA$1,000 worth of CMEY.TO shares 5 years ago would now be looking at an investment worth CA$1,165.

CI Marret Alternative Enhanced Yield Fund (CMEY.TO) has returned 2.62% so far this year and 4.83% over the past 12 months.

Based on dividend-adjusted daily data since May 19, 2020, CMEY.TO's average daily return is +0.01%, while the average monthly return is +0.29%. At this rate, an investment would double in approximately 19.9 years.

Historically, 69% of months were positive and 31% were negative. The best month was Nov 2023 with a return of +2.5%, while the worst month was Sep 2022 at -1.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, CMEY.TO closed higher 36% of trading days. The best single day was Dec 17, 2020 with a return of +1.7%, while the worst single day was Apr 7, 2025 at -2.1%.

CI Marret Alternative Enhanced Yield Fund has an annualized alpha of 3.78%, beta of -0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since May 19, 2020.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (14.05%) than losses (10.29%) - typical of diversified or defensive assets.
• Beta of -0.00 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

CMEY.TO ranks 66 for risk / return — better than 66% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

CI Marret Alternative Enhanced Yield Fund provided a 4.36% dividend yield over the last twelve months, with an annual payout of CA$0.86 per share. The fund has been increasing its distributions for 5 consecutive years.

The table displays the monthly dividend distributions for CI Marret Alternative Enhanced Yield Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the CI Marret Alternative Enhanced Yield Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the CI Marret Alternative Enhanced Yield Fund was 5.57%, occurring on Oct 21, 2022. Recovery took 132 trading sessions.

The chart below shows the rolling one-month volatility.