CI Alternative North American Opportunities Fund

Series IH USD Hedged

Not available to retail investors / for approved investors only
 

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 2024-12-30
$62.8 million
NAVPS
As at 2025-02-07
$16.8697
MER (%)
As at 2024-06-30
2.14
MER (%)
(Excluding performance fee)
As at 2024-06-30
0.04
Management fee (%) Negotiable
Asset class Alternative Equity Focused
Currency USD Hedged
Minimum investment Negotiable
Distribution frequency Annually
Last distribution $0.0107

Risk rating1

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

FUND CODES

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

Performance2 As at 2025-01-31

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*
4.96% 4.96% 14.77% 22.37% 37.18% 20.09% - - 16.64%
*Since inception date

Distribution history3

Payable date Total
2023-06-23 0.0107
2023-03-24 0.0007
2021-12-17 0.0985

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 IH USD Hedged

Not available to retail investors / for approved investors only
 
Portfolio allocations4 As at 2024-12-31
Asset allocation (%)
  • US Equity 88.40
  • Canadian Equity 11.44
  • International Equity 4.95
  • Other 0.03
  • Cash and Equivalents -4.82
Sector allocation (%)
  • Technology 64.82
  • Healthcare 19.95
  • Consumer Services 7.43
  • Real Estate 3.46
  • Industrial Services 3.28
  • Consumer Goods 2.55
  • Energy 1.86
  • Telecommunications 0.88
  • Financial Services 0.11
  • Other -4.34
Geographic allocation(%)
  • United States 83.15
  • Canada 11.44
  • Taiwan 3.04
  • Israel 1.90
  • Other 0.46
  • Ireland 0.01
Top holdings
Sector (%)
1. NVIDIA Corp Computer Electronics 6.55%
2. Alphabet Inc Cl A Information Technology 5.84%
3. Broadcom Inc Computer Electronics 5.65%
4. Microsoft Corp Information Technology 5.08%
5. Amazon.com Inc Retail 4.98%
6. Meta Platforms Inc Cl A Information Technology 4.62%
7. Shopify Inc Cl A Information Technology 4.09%
8. Eli Lilly and Co Drugs 3.88%
9. Thermo Fisher Scientific Inc Healthcare Equipment 3.54%
10. WSP Global Inc Construction 3.46%
11. Apple Inc Computer Electronics 3.40%
12. S&P Global Inc Professional Services 3.27%
13. Analog Devices Inc Computer Electronics 3.26%
14. Merck & Co Inc Drugs 3.24%
15. UnitedHealth Group Inc Healthcare Services 3.11%
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