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 2026-10-02
$6.1 million
NAVPS
As at 2026-10-02
$40.8263
MER (%)
As at 2026-06-30
2.74
MER (%)
(Excluding performance fee)
As at 2026-06-30
1.19
Management fee (%) 0.90
Units outstanding
As at 2026-10-02
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 2026-09-30

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*
10.66% 3.71% 2.32% 18.92% 14.98% 19.35% 12.97% - 13.35%
*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.U
 
Portfolio allocations3 As at 2026-08-31
Asset allocation (%)
  • US Equity 78.86
  • Canadian Equity 9.99
  • International Equity 5.65
  • Cash and Equivalents 5.51
  • Other -0.01
Sector allocation (%)
  • Technology 64.77
  • Healthcare 13.49
  • Consumer Services 7.42
  • Cash and Cash Equivalent 5.51
  • Industrial Goods 4.59
  • Energy 2.01
  • Utilities 1.82
  • Other 0.38
  • Consumer Goods 0.01
Geographic allocation(%)
  • United States 88.61
  • Canada 5.37
  • Netherlands 2.89
  • Taiwan 2.78
  • Other 0.37
  • Ireland -0.02
Top holdings5
Sector (%)
1. NVIDIA Corp Computer Electronics 8.24%
2. Alphabet Inc Cl A Information Technology 5.40%
3. Microsoft Corp Information Technology 5.24%
4. Amazon.com Inc Retail 4.97%
5. Meta Platforms Inc Cl A Information Technology 3.95%
6. Celestica Inc Computer Electronics 3.74%
7. Shopify Inc Cl A Information Technology 3.46%
8. Micron Technology Inc Computer Electronics 3.21%
9. Apple Inc Computer Electronics 2.91%
10. Taiwan Semiconductor Manufactrg Co Ltd - ADR Computer Electronics 2.78%
11. Axon Enterprise Inc Aerospace and Defence 2.65%
12. Snowflake Inc Cl A Information Technology 2.60%
13. Broadcom Inc Computer Electronics 2.50%
14. ServiceNow Inc Information Technology 2.49%
15. MongoDB Inc Cl A Information Technology 2.40%
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