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 2024-01-31
$50.7 million
NAVPS
As at 2024-03-01
$12.9474
MER (%)
As at 2023-06-30
1.21
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 2024-02-29

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*
7.32% 5.51% 9.64% 15.02% 35.67% - - - 10.42%
*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 2024-01-31
Asset allocation (%)
  • US Equity 78.99
  • Canadian Equity 12.34
  • International Equity 7.15
  • Foreign Government Bonds 4.02
  • Foreign Corporate Bonds 0.02
  • Other 0.02
  • Cash and Equivalents -2.54
Sector allocation (%)
  • Technology 51.17
  • Healthcare 16.28
  • Real Estate 7.33
  • Consumer Services 5.13
  • Consumer Goods 4.04
  • Fixed Income 4.04
  • Industrial Services 3.53
  • Financial Services 3.22
  • Basic Materials 2.88
  • Other 2.38
Geographic allocation(%)
  • United States 79.28
  • Canada 13.27
  • Taiwan 4.29
  • United Kingdom 1.93
  • Chile 0.92
  • Other 0.31
Top holdings
Sector (%)
1. NVIDIA Corp Computer Electronics 5.98%
2. Microsoft Corp Information Technology 5.14%
3. Amazon.com Inc Retail 5.09%
4. Alphabet Inc Cl A Information Technology 5.00%
5. Taiwan Semiconductor Manufactrg Co Ltd - ADR Computer Electronics 4.29%
6. Constellation Software Inc Information Technology 4.12%
7. iShares 20 Plus Year Treasury Bond ETF (TLT) Fixed Income 4.04%
8. KLA Corp Computer Electronics 3.72%
9. Salesforce Inc Information Technology 3.71%
10. Humana Inc Healthcare Services 3.61%
11. S&P Global Inc Professional Services 3.52%
12. Shopify Inc Cl A Information Technology 3.52%
13. Adobe Inc Information Technology 3.49%
14. Eli Lilly and Co Drugs 3.18%
15. Apple Inc Computer Electronics 2.85%
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