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 2023-09-26
$1.5 million
NAVPS
As at 2023-09-26
$20.9408
MER (%)
As at 2022-12-31
1.20
Management fee (%) 0.90
Units outstanding
As at 2023-09-26
75,000
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 2023-08-31

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*
26.71% 0.65% 6.88% 16.78% 27.56% - - - 4.77%
*Since inception date

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

TSX TICKER : CNAO
 
Portfolio allocations3 As at 2023-08-31
Asset allocation (%)
  • US Equity 75.48
  • Canadian Equity 12.91
  • International Equity 7.69
  • Cash and Equivalents 3.97
  • Other -0.05
Sector allocation (%)
  • Technology 46.39
  • Healthcare 16.45
  • Consumer Services 8.71
  • Industrial Services 7.79
  • Real Estate 5.59
  • Consumer Goods 4.53
  • Cash and Cash Equivalent 3.97
  • Financial Services 3.53
  • Industrial Goods 1.74
  • Other 1.30
Geographic allocation(%)
  • United States 75.35
  • Canada 17.01
  • Taiwan 3.96
  • United Kingdom 2.56
  • Chile 1.16
  • Other -0.04
Top holdings
Sector (%)
1. Amazon.com Inc Retail 5.60%
2. Alphabet Inc Cl A Information Technology 5.11%
3. Microsoft Corp Information Technology 5.00%
4. Adobe Inc Information Technology 4.76%
5. United Rentals Inc Professional Services 4.57%
6. Apple Inc Computer Electronics 4.13%
7. Taiwan Semiconductor Manufactrg Co Ltd - ADR Computer Electronics 3.96%
8. Humana Inc Healthcare Services 3.74%
9. Shopify Inc Cl A Information Technology 3.53%
10. NVIDIA Corp Computer Electronics 3.37%
11. S&P Global Inc Professional Services 3.21%
12. Salesforce Inc Information Technology 3.10%
13. Eli Lilly and Co Drugs 3.03%
14. Starbucks Corp Leisure 2.99%
15. WSP Global Inc Construction 2.94%
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