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
CAD Total net assets ($CAD)
As at 2024-08-30
$44.4 million
NAVPS
As at 2024-10-04
$14.2908
MER (%)
As at 2024-06-30
5.19
MER (%)
(Excluding performance fee)
As at 2024-06-30
1.26
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 2024-09-30

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*
18.36% 3.18% 1.90% 9.29% 31.94% 12.83% - - 11.79%
*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
Greg Quickmire

CI Alternative North American Opportunities Fund

Series FH USD Hedged
 
Portfolio allocations4 As at 2024-08-31
Asset allocation (%)
  • US Equity 80.50
  • Canadian Equity 11.32
  • International Equity 5.83
  • Cash and Equivalents 2.38
  • Other -0.03
Sector allocation (%)
  • Technology 60.07
  • Healthcare 16.32
  • Consumer Services 6.94
  • Industrial Services 3.92
  • Real Estate 3.77
  • Consumer Goods 3.34
  • Cash and Cash Equivalent 2.38
  • Other 1.14
  • Energy 1.10
  • Telecommunications 1.02
Geographic allocation(%)
  • United States 79.60
  • Canada 13.47
  • Taiwan 4.01
  • Israel 1.81
  • Other 1.10
  • Ireland 0.01
Top holdings
Sector (%)
1. NVIDIA Corp Computer Electronics 6.73%
2. Alphabet Inc Cl A Information Technology 5.85%
3. Microsoft Corp Information Technology 4.98%
4. Amazon.com Inc Retail 4.77%
5. Eli Lilly and Co Drugs 4.65%
6. Apple Inc Computer Electronics 4.42%
7. Taiwan Semiconductor Manufactrg Co Ltd - ADR Computer Electronics 4.01%
8. S&P Global Inc Professional Services 3.91%
9. WSP Global Inc Construction 3.77%
10. ServiceNow Inc Information Technology 3.70%
11. Meta Platforms Inc Cl A Information Technology 3.66%
12. Broadcom Inc Computer Electronics 3.44%
13. Constellation Software Inc Information Technology 3.18%
14. KLA Corp Computer Electronics 3.03%
15. Shopify Inc Cl A Information Technology 2.99%
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