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"We are excited to partner with CI GAM in bringing access to the Auspice flagship fund, the most tenured in its category in Canada, and one of few funds to deliver positive returns with negative equity correlation alongside actual commodity exposure" said Tim Pickering, the Auspice CIO and co-founder.

"We are in a volatile era marked by a structural shift in inflation, rising global conflict, and a narrowly focused stock market rally alongside a potential commodity supercycle. With 17 years of track record and a long history of delivering commodity and crisis alpha to institutional and accredited investors, opening access to retail investors and advisors via our partners at CI was a natural step given the tremendous growth in demand for non-correlated returns."

In the institutional world, quantitative trend-followers, known as CTAs, are receiving the biggest inflows. Per a 2023 Nasdaq report, there is significant demand for the profile Auspice provides. In 2023 this category saw the biggest inflows across hedge fund strategies.

"Auspice Diversified had 12 consecutive months of inflows last year, over $150mm since it became a publicly available "liquid alternative" mutual fund in 2023. We think 2024 will be multiples of that," said Tim Pickering. "This provides a window of limited capacity to investors in an area of investing that has historically been dominated by the world's largest pensions."

Jennifer Sinopoli, Executive Vice-President, and Head of Distribution for CI GAM, commented: "CI Auspice Alternative Diversified Corporate Class is a unique mandate that offers investors enhanced diversification benefits and potential downside protection in volatile markets. It can help to strengthen portfolios in an uncertain investment landscape that, following spikes in inflation and interest rates, is vastly changed from previous years."

Auspice Alternative Diversified Corporate Class

The Fund invests exclusively in units of Auspice Diversified Trust, the existing flagship fund managed by Auspice, which has been named sub-advisor to the Fund. Auspice Diversified Trust previously was only available to accredited and institutional investors.

The Fund uses a disciplined, rules-based agnostic (long and short) approach to invest in both commodities and other traditional financial futures markets.

This results in increased diversification and the potential for "crisis alpha" - delivering outperformance during equity market corrections and down-trends. The Fund's trend-following strategy and emphasis on commodities also can provide a hedge against inflation.

The team at Auspice, which was founded in 2006 by Pickering and long-time investment partner Ken Corner, both Shell Trading and TD bank alumni, has extensive experience in commodities, trading, risk management and quantitative investment strategies. Auspice is also sub-advisor to CI Auspice Broad Commodity Fund, which is available as a mutual fund and ETF (TSX: CCOM).

CI Auspice Alternative Diversified Corporate Class can be purchased for an initial minimum investment of $500. It has a risk rating of medium and management fee of 1.00%. The Fund also charges a performance fee, which is subject to a hurdle rate and a high-water mark. For further details, please see the simplified prospectus.

CI Global Asset Management ("CI GAM") is one of Canada's largest investment management companies. It offers a wide range of investment products and services. www.ci.com. CI GAM is a subsidiary of CI Financial Corp.

Auspice Capital Advisors Ltd. is Canada's largest active commodity & CTA fund manager with both retail and institutional products and partnerships in Canada and the US. www.auspicecapital.com.

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