CI Alternative North American Opportunities Fund

TSX TICKER : CNAO
 

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
Total net assets ($CAD)
As at 2025-04-17
$41.1 million
NAVPS
As at 2025-04-17
$26.1431
MER (%)
As at 2024-12-31
5.46
MER (%)
(Excluding performance fee)
As at 2024-12-31
1.27
Management fee (%) 0.90
Units outstanding
As at 2025-04-17
1,575,000
Asset class Alternative Equity Focused
Currency CAD
CUSIP 12546N105

Risk rating1

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

Investor suitability

For those who:
  • are seeking capital growth through a portfolio of growth-oriented North American equities
  • are investing for the medium-to-long term
  • are seeking an investment which can utilize short-selling, leverage and derivatives where appropriate to either maximize returns or mitigate negative returns

Performance2 As at 2025-03-31

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*
-7.98% -7.99% -7.98% 3.11% 12.34% 14.95% - - 10.13%
*Since inception date

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

TSX TICKER : CNAO
 
Portfolio allocations3 As at 2025-03-31
Asset allocation (%)
  • US Equity 81.08
  • Canadian Equity 9.94
  • International Equity 6.07
  • Cash and Equivalents 2.95
  • Other -0.04
Sector allocation (%)
  • Technology 54.36
  • Healthcare 19.77
  • Consumer Services 6.60
  • Industrial Services 4.56
  • Real Estate 4.03
  • Cash and Cash Equivalent 2.95
  • Financial Services 2.62
  • Industrial Goods 2.34
  • Energy 2.24
  • Other 0.53
Geographic allocation(%)
  • United States 88.97
  • Canada 5.23
  • Israel 2.92
  • Taiwan 2.58
  • Cayman Islands 0.37
  • Ireland 0.09
  • Bermuda 0.04
  • Netherlands 0.02
  • Switzerland 0.02
  • Other -0.24
Top holdings
Sector (%)
1. Meta Platforms Inc Cl A Information Technology 4.82%
2. UnitedHealth Group Inc Healthcare Services 4.57%
3. Eli Lilly and Co Drugs 4.49%
4. S&P Global Inc Professional Services 4.39%
5. NVIDIA Corp Computer Electronics 4.06%
6. Alphabet Inc Cl A Information Technology 3.98%
7. Microsoft Corp Information Technology 3.97%
8. Amazon.com Inc Retail 3.90%
9. WSP Global Inc Construction 3.78%
10. Broadcom Inc Computer Electronics 3.45%
11. Thermo Fisher Scientific Inc Healthcare Equipment 3.19%
12. Analog Devices Inc Computer Electronics 3.17%
13. Shopify Inc Cl A Information Technology 3.15%
14. Constellation Software Inc Information Technology 3.01%
15. ServiceNow Inc Information Technology 2.98%
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