Table of Contents
What is CI The Quant (CTQ) ?
CI The Quant (CTQ) is a mutual fund that invests in stocks using quantitative analysis. It uses data, mathematical models and clear rules to help choose which stocks to invest in and how much to allocate to each one instead of relying only on traditional market views.
What is quantitative analysis?
Quantitative analysis is a method of evaluating stocks using data, statistics, and mathematical models.
It looks at measurable factors like historical price data, trading activity, liquidity, and risk levels using data-driven models to support investment decisions.
How is CI The Quant (CTQ) different from a regular equity fund?
CI The Quant (CTQ) follows a more rules-based process. That means the fund uses a structured method to filter stocks, compare them, and decide their weights in the portfolio.
The difference is how investment decisions are made.
Main investment guidelines
- Equity (stocks): Minimum of 40% and Maximum of 95% of the fund.
- Per stock exposure: Maximum 15% of the fund can be invested in a single stock.
- T-bills and bonds: Maximum of 60% of the fund.
- Cash: Maximum 10% of the fund.
You can find the detailed investment guidelines and limits in the fund prospectus here
How does the fund choose stocks?
The fund follows 2 main steps:
1) Screening: It reviews listed stocks and filters them based on factors such as historical liquidity, price data availability, and risk indicators.
2) Allocation: After selecting eligible stocks, it decides how much to allocate to each stock using a quantitative method that aims to improve risk-adjusted returns and diversify the portfolio.
The portfolio is reviewed and rebalanced periodically.
How do I place my order?
- Open the Thndr app and tap on Explore.
- Search for “CI The Quant (CTQ)” or “CTQ”
- Tap on the fund.
- Tap on Buy and enter the amount you want to invest. (minimum 2 certificates)
Buying & selling
If you place your order before 12 PM:
Your order is sent the same day and executed the next day at the updated certificate price.
If you place your order after 12 PM:
Your order is sent the next business day and executed the day after that.
Fees
Standard Transaction fees apply on every buy and sell order
Fund management fees are calculated in the certificate price & not charged when buying or selling certificates. You can view the full list of fund management fees in the fund’s prospectus.
Who manages CI The Quant (CTQ)?
CI The Quant (CTQ) is established and managed by CI Asset Management.
The fund follows a quantitative investment strategy to build and rebalance its portfolio based on data-driven rules and quantitative models.
What are the risks?
Some of the main risks include:
- Market risk: Stock prices may fluctuate due to economic or market conditions.
- Liquidity risk: Some stocks may be harder to buy or sell depending on market liquidity.
- Model risk: Because the fund uses mathematical models, there is a risk that these models may not always perform as expected in every market environment.
The stock market is also subject to economic and political risks.
For a detailed overview of risk factors please visit the fund prospectus here.
