CI Alternative North American Opportunities Fund

Series P 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 2024-01-31
$50.7 million
NAVPS
As at 2024-02-27
$12.9958
MER (%)
As at 2023-06-30
0.19
Management fee (%) Negotiable
Asset class Alternative Equity Focused
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Annually
Last distribution $0.0054

Risk rating1

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

FUND CODES

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

Performance2 As at 2024-01-31

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*
1.76% 1.76% 13.40% 9.92% 28.62% - - - 8.92%
*Since inception date

Distribution history3

Payable date Total
2023-06-23 0.0054
2021-12-17 0.0451

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 P CAD
 
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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