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 2025-06-27
$1.4 billion
NAVPS
As at 2025-07-11
$14.2012
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 $0.0441

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 2025-06-30

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*
8.98% 6.01% 16.42% 8.98% 18.10% 21.70% - - 11.55%
*Since inception date

Distribution history3

Payable date Total
2025-06-27 0.0441
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 2025-06-30
Asset allocation (%)
  • US Equity 72.79
  • International Equity 21.90
  • Cash and Equivalents 6.30
  • Other -0.02
  • Derivatives -0.97
Sector allocation (%)
  • Technology 39.31
  • Industrial Goods 15.21
  • Consumer Services 10.81
  • Healthcare 7.43
  • Financial Services 6.41
  • Cash and Cash Equivalent 6.30
  • Energy 4.59
  • Telecommunications 4.39
  • Consumer Goods 3.88
  • Other 1.67
Geographic allocation(%)
  • United States 74.74
  • United Kingdom 4.36
  • Germany 3.66
  • Taiwan 3.64
  • Switzerland 3.44
  • Ireland 3.16
  • China 2.87
  • Luxembourg 1.66
  • Canada 1.48
  • Other 0.99
Top holdings5
Sector (%)
1. NVIDIA Corp Computer Electronics 8.25%
2. Microsoft Corp Information Technology 5.74%
3. Amazon.com Inc Retail 4.90%
4. Meta Platforms Inc Cl A Information Technology 4.47%
5. Taiwan Semiconductor Manufactrg Co Ltd Computer Electronics 3.64%
6. Constellation Energy Corp Diversified Technology 3.34%
7. Oracle Corp Information Technology 3.17%
8. Mastercard Inc Cl A Diversified Financial Services 2.97%
9. BAE Systems PLC Aerospace and Defence 2.89%
10. Boston Scientific Corp Healthcare Equipment 2.83%
11. Eli Lilly and Co Drugs 2.75%
12. Siemens Energy AG Diversified Energy 2.69%
13. Uber Technologies Inc Information Technology 2.65%
14. Netflix Inc Media 2.64%
15. GALDERMA GROUP AG Consumer Non-durables 2.58%
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