CI Alternative North American Opportunities Fund

TSX TICKER : CNAO.U
 

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 ($USD)
As at 2025-09-17
$5.0 million
NAVPS
As at 2025-09-17
$33.4448
MER (%)
As at 2024-12-31
5.09
MER (%)
(Excluding performance fee)
As at 2024-12-31
1.26
Management fee (%) 0.90
Units outstanding
As at 2025-09-17
150,000
Asset class Alternative Equity Focused
Currency USD Hedged
CUSIP 12546N204

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 2025-08-31

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*
4.62% -0.30% 10.18% 4.11% 21.06% 23.81% - - 12.95%
*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.U
 
Portfolio allocations3 As at 2025-08-31
Asset allocation (%)
  • US Equity 80.37
  • Canadian Equity 11.27
  • Cash and Equivalents 5.06
  • International Equity 3.31
  • Other -0.01
Sector allocation (%)
  • Technology 55.13
  • Healthcare 17.09
  • Consumer Services 6.68
  • Cash and Cash Equivalent 5.06
  • Industrial Services 4.31
  • Industrial Goods 4.00
  • Energy 3.31
  • Financial Services 2.15
  • Real Estate 1.94
  • Other 0.33
Geographic allocation(%)
  • United States 89.81
  • Canada 6.58
  • Taiwan 3.25
  • Other 0.28
  • Cayman Islands 0.08
Top holdings4
Sector (%)
1. NVIDIA Corp Computer Electronics 5.92%
2. Shopify Inc Cl A Information Technology 5.26%
3. Microsoft Corp Information Technology 4.86%
4. Thermo Fisher Scientific Inc Healthcare Equipment 4.58%
5. S&P Global Inc Professional Services 4.30%
6. Amazon.com Inc Retail 4.26%
7. Analog Devices Inc Computer Electronics 3.59%
8. Meta Platforms Inc Cl A Information Technology 3.38%
9. Alphabet Inc Cl A Information Technology 3.37%
10. Taiwan Semiconductor Manufactrg Co Ltd - ADR Computer Electronics 3.25%
11. Broadcom Inc Computer Electronics 3.23%
12. ServiceNow Inc Information Technology 3.12%
13. KLA Corp Computer Electronics 3.06%
14. Intuitive Surgical Inc Healthcare Equipment 2.93%
15. Cadence Design Systems Inc Information Technology 2.89%
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