Currently, the suitable proportion of inorganic particles in the ceramic separator has not been reported yet, due to the contradictory about the content of nano-particles in research papers (10 wt.%) and commercial application (large amount) [1,2]. In this paper, the nano-CeO2 contents on the properties of polyethylene (PE)-supported separator coating with poly (methyl methacrylate-butyl acrylate-acrylonitrile-styrene) (P(MMA-BA-AN-St)) copolymer is investigated systematically used in high voltage batteries for the first time. Since the copolymer contributes to high electrolyte uptake, and nano-CeO2 dedicates dimensional stability, the separator with 10 wt.% nano-CeO2 shows the highest ionic conductivity (2.5 × 10−3 S cm−1) at room temperature and the maximal electrolyte uptake (81.0 g m−2), while the separator with 100 wt.% nano-CeO2 exhibits better mechanical strength (52 MPa) and smaller shrinkage percentage (36%). Successively, cyclic performance of Li/LiNi0.5Mn1.5O4 cells indicates that the capacity retention of the cell using separator with 100 wt.% nano-CeO2 (72%) is second only to that with 10 wt.% nano-CeO2 (74%) after 200 cycles at 0.2 C between 3 V and 5 V, far larger than that without doping nano-CeO2 (51%) and PE (40%). By the consideration both of comprehensive performances and economic cost, 100 wt.% content is regarded as the most suitable appending proportion.