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
CAD Total net assets ($CAD)
As at 2024-05-31
$1.4 billion
NAVPS
As at 2024-06-18
$13.3542
MER (%)
As at 2023-12-31
0.00
MER (%)
(Excluding performance fee)
As at 2023-12-31
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 2024-05-31

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*
21.44% 6.24% 5.20% 24.67% 35.04% 10.08% - - 8.90%
*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 Global Asset Management.
Nick Griffin
Kieran Moore
James Tsinidis
Jeremy Gibson

CI Munro Alternative Global Growth Fund

Series IH USD Hedged
 
Portfolio allocations4 As at 2024-05-31
Asset allocation (%)
  • US Equity 69.15
  • International Equity 26.40
  • Cash and Equivalents 8.75
  • Other 0.02
  • Canadian Government Bonds -0.01
  • Foreign Government Bonds -1.51
  • Foreign Corporate Bonds -2.80
Sector allocation (%)
  • Technology 56.69
  • Industrial Goods 9.36
  • Cash and Cash Equivalent 8.75
  • Consumer Services 7.76
  • Healthcare 6.82
  • Financial Services 5.68
  • Consumer Goods 5.05
  • Telecommunications 3.82
  • Industrial Services 2.30
  • Other -6.23
Geographic allocation(%)
  • United States 68.94
  • Other 6.86
  • Taiwan 4.97
  • Netherlands 4.96
  • Korea, Republic Of 2.80
  • France 2.52
  • Ireland 2.40
  • Denmark 2.27
  • United Kingdom 2.19
  • Cayman Islands 2.09
Top holdings
Sector (%)
1. NVIDIA Corp Computer Electronics 10.47%
2. Microsoft Corp Information Technology 7.07%
3. Amazon.com Inc Retail 6.75%
4. Constellation Energy Corp Diversified Technology 5.82%
5. Taiwan Semiconductor Manufactrg Co Ltd - ADR Computer Electronics 4.97%
6. USD - FUTURES ADJUSTMENT EXP JUN 24 0.00% 21-Jun-2024 Cash and Cash Equivalent 4.94%
7. Meta Platforms Inc Cl A Information Technology 3.55%
8. ServiceNow Inc Information Technology 3.36%
9. ASML Holding NV Computer Electronics 3.05%
10. Visa Inc Cl A Diversified Financial Services 2.93%
11. Applied Materials Inc Computer Electronics 2.92%
12. SK Hynix Inc Computer Electronics 2.80%
13. Mastercard Inc Cl A Diversified Financial Services 2.75%
14. Liberty Media Corp Sr A Television Broadcasting 2.65%
15. Schneider Electric SE Manufacturing 2.52%
Over 35,000 financial advisors have chosen CI Global Asset Management as a partner. We believe that Canadians have the best opportunity for investments success by using the services of a professional financial advisor. Learn more at ci.com.