CI Munro Alternative Global Growth Fund

Series IH USD Hedged

Not available to retail investors / for approved investors only
 

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 2025-03-28
$1.3 billion
NAVPS
As at 2025-04-17
$11.9775
MER (%)
As at 2024-12-31
5.13
MER (%)
(Excluding performance fee)
As at 2024-12-31
0.07
Management fee (%) Negotiable
Asset class Alternative Equity Focused
Currency USD Hedged
Minimum investment Negotiable
Distribution frequency Quarterly
Last distribution $1.0847

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 2025-03-31

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*
-6.39% -7.51% -6.39% 0.68% 8.67% 11.84% - - 8.43%
*Since inception date

Distribution history3

Payable date Total
2024-12-13 1.0847
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
Qiao Ma

CI Munro Alternative Global Growth Fund

Series IH USD Hedged

Not available to retail investors / for approved investors only
 
Portfolio allocations4 As at 2025-03-31
Asset allocation (%)
  • US Equity 49.98
  • Cash and Equivalents 28.56
  • International Equity 21.40
  • Other 0.04
  • Derivatives 0.02
Sector allocation (%)
  • Cash and Cash Equivalent 28.56
  • Technology 27.80
  • Industrial Goods 13.04
  • Consumer Services 10.63
  • Healthcare 6.15
  • Financial Services 6.13
  • Telecommunications 4.21
  • Consumer Goods 3.97
  • Real Estate 2.83
  • Other -3.32
Geographic allocation(%)
  • United States 70.91
  • Ireland 7.27
  • Europe 5.06
  • United Kingdom 4.17
  • Taiwan 3.53
  • Switzerland 3.43
  • France 3.39
  • Luxembourg 0.96
  • Germany 0.68
  • Other 0.60
Top holdings
Sector (%)
1. Amazon.com Inc Retail 5.25%
2. USD - FUTURES ADJUSTMENT EXP JUN 25 0.00% 20-Jun-2025 Cash and Cash Equivalent 5.01%
3. NVIDIA Corp Computer Electronics 4.50%
4. Microsoft Corp Information Technology 4.20%
5. Mastercard Inc Cl A Diversified Financial Services 3.79%
6. CRH PLC Construction Materials 3.28%
7. Meta Platforms Inc Cl A Information Technology 3.23%
8. Taiwan Semiconductor Manufactrg Co Ltd Computer Electronics 2.95%
9. ServiceNow Inc Information Technology 2.65%
10. Eli Lilly and Co Drugs 2.60%
11. Liberty Media Corp Sr A Television Broadcasting 2.58%
12. GE Vernova Inc Electric Utilities 2.57%
13. EUR - FUTURES ADJUSTMENT EXP JUN 25 0.00% 20-Jun-2025 Cash and Cash Equivalent 2.55%
14. Boston Scientific Corp Healthcare Equipment 2.52%
15. Broadcom Inc Computer Electronics 2.50%
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