Key stats
About CI ALTERNATIVE NORTH AMERN OPP FUND ETF CAD SER
Expense ratio
1.32%
Home page
Inception date
Jul 8, 2021
The fund seeks long-term high absolute returns while preserving capital through a long/short equity strategy with a long bias. The strategy looks to provide exposure to innovative and growing companies within the US and Canadian economies. A combination of top-down thematic approach and bottom-up company analysis is used to ultimately create a concentrated portfolio of 25-75 holdings. Long exposure may include small positions aligned with a given theme or a large individual exposure on a high conviction security. Short exposure may include equities of suspected underperformers or expected decliners. Options trading may also be used within the strategy to enhance returns on both positions. The funds aggregate gross exposure will not exceed 150% of its assets, while short sales are limited to 50%. The fund may use other funds to obtain the desired exposure, may hold more cash, and dynamically manage its exposure in preserving its capital.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Producer Manufacturing
Stocks97.45%
Technology Services25.55%
Electronic Technology13.09%
Producer Manufacturing10.03%
Commercial Services9.25%
Retail Trade9.01%
Health Services8.58%
Finance4.61%
Health Technology4.15%
Utilities2.80%
Consumer Services2.73%
Process Industries2.67%
Industrial Services2.64%
Energy Minerals2.35%
Bonds, Cash & Other2.55%
Cash2.41%
Miscellaneous0.14%