CI Munro Alternative Global Growth Fund

Series IH USD Hedged
 

Fund overview

The fund seeks to generate risk-adjusted, absolute returns through exposure to global growth equities over the medium to long term, while maintaining a capital preservation mindset.

Fund details

description of elementelement value
Inception date November 2020
Total net assets ($CAD)
As at 2023-08-31
$1.5 billion
NAVPS
As at 2023-09-26
$9.1823
MER (%)
As at 2022-12-31
0.00
MER (%)
(Excluding performance fee)
As at 2022-12-31
0.00
Management fee (%) Negotiable
Asset class Alternative Equity Focused
Currency USD Hedged
Minimum investment Negotiable
Distribution frequency Quarterly
Last distribution $0.7509

Risk rating1

  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High

FUND CODES

IH 5187
AH ISC 2197
DSC SO* 3197
LL SO 3097
FH 4197
PH 90187
*No new purchases directly into switch only funds.

Performance2 As at 2023-08-31

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*
11.16% 1.05% 4.38% 13.31% 10.51% - - - 1.65%
*Since inception date

Distribution history3

Payable date Total
2021-12-17 0.7509
2021-03-26 0.0661

Management team

First we'll display the Team Company and then the Team members
Munro Partners
Munro Partners is a global absolute return manager focused on identifying growth equities primed to benefit from structural and thematic changes in our world today. Munro Partners is a sub-advisor to CI Investments Inc.
Nick Griffin
Kieran Moore
James Tsinidis
Jeremy Gibson

CI Munro Alternative Global Growth Fund

Series IH USD Hedged
 
Portfolio allocations4 As at 2023-08-31
Asset allocation (%)
  • US Equity 71.13
  • International Equity 25.29
  • Cash and Equivalents 3.57
  • Other 0.01
Sector allocation (%)
  • Technology 40.45
  • Consumer Services 17.67
  • Consumer Goods 9.30
  • Financial Services 9.05
  • Healthcare 7.41
  • Telecommunications 3.81
  • Cash and Cash Equivalent 3.57
  • Industrial Services 3.14
  • Industrial Goods 3.05
  • Other 2.55
Geographic allocation(%)
  • United States 73.77
  • Ireland 5.35
  • Netherlands 5.00
  • Germany 3.93
  • Denmark 2.55
  • Switzerland 2.28
  • Other 2.07
  • Taiwan 1.96
  • Korea, Republic Of 1.65
  • France 1.44
Top holdings
Sector (%)
1. Amazon.com Inc Retail 6.46%
2. NVIDIA Corp Computer Electronics 6.26%
3. Alphabet Inc Cl A Information Technology 6.03%
4. Microsoft Corp Information Technology 5.88%
5. Visa Inc Cl A Diversified Financial Services 5.11%
6. Mastercard Inc Cl A Diversified Financial Services 3.94%
7. Liberty Media Corp Sr A Television Broadcasting 3.81%
8. Eli Lilly and Co Drugs 3.60%
9. ServiceNow Inc Information Technology 3.13%
10. Airbus SE Aerospace and Defence 3.05%
11. Novo Nordisk A/S Cl B Drugs 2.86%
12. Flutter Entertainment PLC Leisure 2.81%
13. Netflix Inc Media 2.79%
14. Chipotle Mexican Grill Inc Leisure 2.68%
15. Kingspan Group PLC Construction 2.54%
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