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 2026-11-04
$43.3 million
NAVPS
As at 2026-11-04
$33.9499
MER (%)
As at 2026-06-30
2.07
MER (%)
(Excluding performance fee)
As at 2026-06-30
1.19
Management fee (%) 0.90
Units outstanding
As at 2026-11-04
1,275,000
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 2026-10-31

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*
16.01% 5.52% 5.41% 31.43% 18.06% 21.96% 14.12% - 13.40%
*Since inception date

Management team

First we'll display the Team Company and then the Team members
Brian Huen

CI Alternative North American Opportunities Fund

TSX TICKER : CNAO
 
Portfolio allocations3 As at 2026-09-30
Asset allocation (%)
  • US Equity 78.87
  • Canadian Equity 10.53
  • International Equity 8.21
  • Cash and Equivalents 2.39
Sector allocation (%)
  • Technology 69.45
  • Healthcare 12.61
  • Consumer Services 6.16
  • Industrial Goods 4.69
  • Utilities 2.49
  • Cash and Cash Equivalent 2.39
  • Industrial Services 1.09
  • Energy 1.02
  • Financial Services 0.08
  • Other 0.02
Geographic allocation(%)
  • United States 86.36
  • Canada 5.51
  • Netherlands 5.23
  • Taiwan 2.95
  • Bermuda 0.01
  • Other -0.06
Top holdings5
Sector (%)
1. NVIDIA Corp Computer Electronics 7.14%
2. Alphabet Inc Cl A Information Technology 5.28%
3. Microsoft Corp Information Technology 5.10%
4. Amazon.com Inc Retail 4.60%
5. Yandex NV Cl A Information Technology 3.54%
6. Micron Technology Inc Computer Electronics 3.46%
7. Shopify Inc Cl A Information Technology 3.35%
8. Applied Materials Inc Computer Electronics 3.00%
9. Taiwan Semiconductor Manufactrg Co Ltd - ADR Computer Electronics 2.95%
10. Apple Inc Computer Electronics 2.95%
11. Celestica Inc Computer Electronics 2.91%
12. Meta Platforms Inc Cl A Information Technology 2.89%
13. MongoDB Inc Cl A Information Technology 2.52%
14. GE Vernova Inc Electric Utilities 2.48%
15. Eli Lilly and Co Drugs 2.38%
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