CI Alternative North American Opportunities Fund

Series FH USD Hedged
 

Fund overview

The fund seeks to generate high absolute returns over the long-term, balanced with a capital preservation mindset, by primarily investing in growth-oriented North American equities.

Fund details

description of elementelement value
Inception date July 2021
Total net assets ($CAD)
As at 2023-04-28
$19.7 million
NAVPS
As at 2023-05-26
$10.4368
MER (%)
As at 2022-12-31
1.23
Management fee (%) 0.90
Asset class Alternative Equity Focused
Currency USD Hedged
Minimum investment $500 initial/$25 additional
Distribution frequency Annually
Last distribution $0.1801

Risk rating1

  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High

FUND CODES

FH 4468
AH ISC 2368
DSC SO* 3468
LL SO 3368
IH 5368
PH 90368
*No new purchases directly into switch only funds.

Performance2 As at 2023-04-30

Growth of $10,000 (Since inception date)

growth of 10k graph

Calendar year performance

annual performance graph

average annual compound returns

YTD 1 Mo 3 Mo 6 Mo 1 Y 3 Y 5 Y 10 Y Inception*
15.54% -0.55% 5.98% 16.62% 14.91% - - - 1.07%
*Since inception date

Distribution history3

Payable date Total
2021-12-17 0.1801

Management team

First we'll display the Team Company and then the Team members
Peter Hofstra
Brian Huen
Ali Pervez
Greg Quickmire

CI Alternative North American Opportunities Fund

Series FH USD Hedged
 
Portfolio allocations4 As at 2023-04-30
Asset allocation (%)
  • US Equity 68.03
  • Canadian Equity 17.60
  • Cash and Equivalents 9.84
  • International Equity 4.31
  • Commodities 0.24
  • Other -0.02
Sector allocation (%)
  • Technology 46.16
  • Cash and Cash Equivalent 9.84
  • Healthcare 8.24
  • Consumer Services 7.53
  • Financial Services 6.94
  • Industrial Services 6.62
  • Real Estate 6.21
  • Industrial Goods 4.12
  • Consumer Goods 2.33
  • Other 2.01
Geographic allocation(%)
  • United States 71.97
  • Canada 23.77
  • Taiwan 4.29
  • Ireland 0.01
  • Other -0.04
Top holdings
Sector (%)
1. Amazon.com Inc Retail 6.04%
2. Alphabet Inc Cl A Information Technology 5.45%
3. Apple Inc Computer Electronics 4.64%
4. Microsoft Corp Information Technology 4.38%
5. Taiwan Semiconductor Manufactrg Co Ltd - ADR Computer Electronics 4.28%
6. Adobe Inc Information Technology 4.20%
7. Salesforce Inc Information Technology 3.45%
8. Shopify Inc Cl A Information Technology 3.40%
9. S&P Global Inc Professional Services 3.38%
10. United Rentals Inc Professional Services 3.22%
11. WSP Global Inc Construction 3.22%
12. Analog Devices Inc Computer Electronics 3.17%
13. Mastercard Inc Cl A Diversified Financial Services 3.02%
14. Jacobs Solutions Inc Construction 2.98%
15. Visa Inc Cl A Diversified Financial Services 2.97%
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