CI Alternative North American Opportunities Fund

Series I CAD
 

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 2024-09-17
$14.1113
MER (%)
As at 2023-12-31
1.60
MER (%)
(Excluding performance fee)
As at 2023-12-31
0.10
Management fee (%) Negotiable
Asset class Alternative Equity Focused
Currency CAD
Minimum investment Negotiable
Distribution frequency Annually
Last distribution $0.0106

Risk rating1

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

FUND CODES

I 5366
A ISC 2366
DSC SO* 3466
LL SO 3366
F 4366
P 90366
*No new purchases directly into switch only funds.

Performance2 As at 2024-08-31

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*
14.55% 0.38% 5.45% 6.60% 23.08% 10.70% - - 11.45%
*Since inception date

Distribution history3

Payable date Total
2023-06-23 0.0106
2023-03-24 0.0007
2021-12-17 0.0502

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 I CAD
 
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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