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 2024-04-30
$51.0 million
NAVPS
As at 2024-05-17
$13.2878
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 2024-04-30

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*
4.23% -3.33% 2.41% 16.21% 24.29% - - - 9.18%
*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 2024-04-30
Asset allocation (%)
  • US Equity 89.03
  • Canadian Equity 13.28
  • International Equity 5.86
  • Commodities 0.06
  • Other -0.02
  • Cash and Equivalents -8.21
Sector allocation (%)
  • Technology 67.68
  • Healthcare 14.80
  • Consumer Services 6.53
  • Real Estate 5.85
  • Financial Services 3.63
  • Consumer Goods 3.60
  • Industrial Services 3.47
  • Utilities 2.05
  • Basic Materials 1.31
  • Other -8.92
Geographic allocation(%)
  • United States 80.71
  • Canada 14.46
  • Taiwan 3.78
  • United Kingdom 1.78
  • Multi-National 0.06
  • Ireland 0.01
  • Netherlands 0.01
  • Cayman Islands 0.01
  • Other -0.82
Top holdings
Sector (%)
1. Microsoft Corp Information Technology 6.81%
2. NVIDIA Corp Computer Electronics 6.51%
3. Alphabet Inc Cl A Information Technology 6.14%
4. Amazon.com Inc Retail 4.95%
5. KLA Corp Computer Electronics 4.29%
6. Applied Materials Inc Computer Electronics 4.17%
7. Eli Lilly and Co Drugs 4.06%
8. Constellation Software Inc Information Technology 4.06%
9. WSP Global Inc Construction 3.97%
10. Taiwan Semiconductor Manufactrg Co Ltd - ADR Computer Electronics 3.78%
11. Advanced Micro Devices Inc Computer Electronics 3.69%
12. S&P Global Inc Professional Services 3.45%
13. Shopify Inc Cl A Information Technology 3.26%
14. Apple Inc Computer Electronics 3.04%
15. Broadcom Inc Computer Electronics 3.04%
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