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 2024-02-29
$56.1 million
NAVPS
As at 2024-03-27
$13.1322
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 2024-02-29

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*
7.42% 5.56% 9.75% 15.29% 36.24% - - - 10.88%
*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 2024-02-29
Asset allocation (%)
  • US Equity 78.68
  • Canadian Equity 11.42
  • International Equity 6.39
  • Foreign Government Bonds 3.65
  • Foreign Corporate Bonds 0.06
  • Other -0.01
  • Cash and Equivalents -0.19
Sector allocation (%)
  • Technology 52.42
  • Healthcare 16.58
  • Real Estate 7.44
  • Consumer Services 5.44
  • Consumer Goods 3.82
  • Fixed Income 3.71
  • Industrial Services 3.17
  • Financial Services 3.17
  • Utilities 2.50
  • Other 1.75
Geographic allocation(%)
  • United States 81.53
  • Canada 12.44
  • Taiwan 4.61
  • United Kingdom 1.78
  • Other -0.36
Top holdings
Sector (%)
1. NVIDIA Corp Computer Electronics 7.26%
2. Amazon.com Inc Retail 5.42%
3. Microsoft Corp Information Technology 5.05%
4. Alphabet Inc Cl A Information Technology 4.67%
5. Taiwan Semiconductor Manufactrg Co Ltd - ADR Computer Electronics 4.61%
6. KLA Corp Computer Electronics 4.03%
7. Constellation Software Inc Information Technology 3.92%
8. Salesforce Inc Information Technology 3.85%
9. iShares 20 Plus Year Treasury Bond ETF (TLT) Fixed Income 3.71%
10. Eli Lilly and Co Drugs 3.50%
11. Humana Inc Healthcare Services 3.19%
12. Shopify Inc Cl A Information Technology 3.17%
13. S&P Global Inc Professional Services 3.17%
14. Adobe Inc Information Technology 2.99%
15. Apple Inc Computer Electronics 2.64%
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