CI Global Asset Management ("CI GAM") has launched two new exchange-traded funds on the Toronto Stock Exchange, marking a notable expansion of its alternative investment offerings. The CI Forge First Long Short Alternative Fund (TSX: CLSF) and the CI Forge First Conservative Alternative Fund (TSX: CCAF) are actively managed by Forge First Asset Management. The dual launch, celebrated with a market close ceremony at the TSX, gives Canadian investors broader access to alternative strategies designed to diversify away from traditional equity and fixed-income holdings.

Key Points

  • CI Global Asset Management has launched CI Forge First Long Short Alternative Fund (TSX: CLSF) and CI Forge First Conservative Alternative Fund (TSX: CCAF)
  • Both ETFs are actively managed by Forge First Asset Management and listed on the Toronto Stock Exchange
  • CLSF targets positive returns across varying market environments via a long/short approach; CCAF seeks capital preservation through diversified alternative strategies
  • Investors may be watching how these funds perform relative to traditional equity and fixed-income benchmarks in the near term

CI GAM and Forge First Mark TSX Launch With Market Close Ceremony

Members of the CI Global Asset Management and Forge First Asset Management teams joined Keith Wu, Head of Exchange Traded Products at the Toronto Stock Exchange, to close the market on November 11, 2026, formally celebrating the debut of CLSF and CCAF. The ceremony underscores the significance CI GAM places on expanding its alternative solutions suite. The launch broadens the firm's ETF lineup and signals a strategic push to offer Canadian investors products that sit outside conventional asset classes, the announcement states.

What CLSF and CCAF Are Designed to Deliver for Investors

According to the release, CLSF — the CI Forge First Long Short Alternative Fund — seeks to generate positive returns across varying market environments through a disciplined long/short approach. CCAF — the CI Forge First Conservative Alternative Fund — aims to preserve capital and provide steady returns through a diversified mix of alternative strategies. Both funds are positioned to offer downside protection, consistent risk-adjusted returns, and low correlation to traditional equity and fixed-income investments, the announcement states, attributes that may appeal to investors seeking portfolio resilience.

Expanding CI GAM's Alternative Investment Suite

The addition of CLSF and CCAF expands CI Global Asset Management's existing range of alternative solutions, according to the disclosure. By partnering with Forge First Asset Management as active manager, CI GAM is leveraging specialised expertise in alternative strategies. The release suggests the two funds together offer investors additional sources of diversification and return potential beyond what conventional mutual funds or passive ETFs may provide. The company did not disclose assets under management targets, management expense ratios, or specific performance benchmarks in the announcement.