CoPt/Ag nanocomposite films were prepared by magnetron sputtering. The dependenc e of texture and magnetic properties on film thickness, bilayer thickness, Ag at omic fraction and annealing conditions is investigated. Films with thickness bel ow 20 nm are apt to form (001) orientation. The existence of the Ag in the film plays a dominant role in inducing the (001) texture of the film besiles suppress ing the growth of the CoPt grains during annealing. The Co40Pt43 Ag17 film after annealing at 600℃ exhibits a large perpendicul ar coercivity of HC=5.6×105 A/m, a large saturation magne tization of MS=0.65T and a squareness of s=0.95 of the hysteresis loo p.