CI Investments has launched three funds with Marret Asset Management Inc. as portfolio manager, providing additional choices for income-seeking investors.
The new funds – Marret Short Duration High Yield Fund, Marret High Yield Bond Fund, and Marret Strategic Yield Fund – produce regular income through fixed monthly distributions.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Derek J. Green, president of CI Investments, said: "Canadians continue to require quality investment solutions that generate income. These funds offer three diverse mandates to meet differing needs of investors, backed by the proven expertise of the Marret team, which has established a strong reputation for excellence in income investing."
Barry Allan, president and CIO, Marret, said: "The funds are well suited for today’s environment, offering a high level of flexibility to find investment opportunities worldwide, as well as to protect against risks. In particular, the funds are good choices for investors who want to guard against the adverse impact that an increase in interest rates may have on fixed-income securities."
Marret Short Duration High Yield Fund has an investment objective to generate income by primarily investing in a diversified portfolio of high-yield corporate bonds that are expected to have durations of one to five years, and other income-producing securities throughout the world.
Marret High Yield Bond Fund has an investment objective to generate income and capital appreciation by investing in a diversified portfolio of primarily North American high-yield corporate bonds.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataMarret Strategic Yield Fund has investment objective to generate income and long-term capital appreciation by investing in a diversified portfolio of debt and income-oriented equity securities throughout the world.
Mr. Allan is Lead Portfolio Manager of the three funds. He has over 30 years of investment experience in all areas of the fixed-income arena. Prior to founding Marret in 2001, Mr. Allan worked at Altamira Management, where he managed a wide variety of fixed-income mandates and held secondary responsibilities on several equity and balanced mandates. Mr. Allan holds an MBA from the University of Arizona.
Co-manager of Marret Short Duration High Yield Fund and Marret High Yield Bond Fund is Adrian Prenc, who has 12 years of investment experience, holds the CFA designation and specializes in corporate debt and other high-yield securities.
Margot Naudie is co-manager of Marret Strategic Yield Fund. She has 23 years of investment experience, including positions as Senior Portfolio Manager on the Global Corporate Securities team at Canadian Pension Plan Investment Board and as a Managing Director at TD Asset Management, where she managed North American equity portfolios. Ms. Naudie holds the CFA designation and has been named a Brendan Wood TopGun from 2009-2013.
