CI Alternative North American Opportunities Fund (ETF C$ Series) (CNAO.TO) ETF Analysis

Fund Overview

CI Alternative North American Opportunities Fund (ETF C$ Series) (CNAO.TO) is an exchange-traded fund. CI Investments Inc is the fund family on file. It has been trading since July 8, 2021.

The largest positions on file are NVIDIA Corp (NVDA), Shopify Inc Registered Shs -A- Subord Vtg (SHOP), and Amazon.com Inc (AMZN). NVIDIA Corp alone accounts for 6.98% of the portfolio. The ten largest positions together make up 50.32% of the fund.

Performance Analysis

The most recent close on file for CNAO.TO is CA$36.56, dated September 4, 2026. The trailing one-year price return is +14.00%. Measured over 5 years, that is +12.50% a year compounded.

The strongest complete calendar year on file is 2023 at +35.16%; the weakest is 2022 at −18.93%. Of the 4 complete calendar years on file, 3 finished higher. 2026 is still running; the price is +8.97% year to date.

Price & Risk Profile

Daily returns over the trailing 5 years annualize to a volatility of 19.17%. Over the past 52 weeks the price has ranged from CA$28.19 to CA$37.76. The latest close sits 29.69% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.