CI Global Longevity Economy Fund

TSX TICKER : LONG
 

Fund overview

The fund’s objective is to obtain maximum long-term capital growth by investing primarily in equity and equity-related securities of companies throughout the world that the portfolio advisor believes are well-positioned to benefit from an aging population, increasing life expectancy, increasing lifestyle expenditures and evolving demographic needs worldwide.

Fund details

description of elementelement value
Inception date June 2020
Total net assets ($CAD)
As at 2024-06-24
$3.7 million
NAVPS
As at 2024-06-24
$37.5603
MER (%)
As at 2023-09-30
0.93
Management fee (%) 0.70
Units outstanding
As at 2024-06-24
100,000
Asset class Global Equity
Currency CAD
CUSIP 12558X108
Distribution frequency Annually
Last distribution $0.1000

Risk rating1

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

Investor suitability

For those who:
  • want a foreign equity fund for your portfolio with the potential for long-term growth
  • are investing for the medium and/or long term
  • can tolerate medium risk

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*
16.94% 4.50% 3.96% 19.33% 32.26% 10.95% - - 15.89%
*Since inception date

Distribution history3

Payable date Total
2023-12-20 0.1000

Management team

First we'll display the Team Company and then the Team members
Greg Quickmire
Peter Hofstra

CI Global Longevity Economy Fund

TSX TICKER : LONG
 
Portfolio allocations4 As at 2024-05-31
Asset allocation (%)
  • US Equity 83.23
  • International Equity 15.94
  • Cash and Equivalents 0.86
  • Other -0.03
Sector allocation (%)
  • Technology 40.72
  • Healthcare 37.47
  • Consumer Services 10.88
  • Financial Services 9.15
  • Real Estate 0.95
  • Cash and Cash Equivalent 0.86
  • Other -0.03
Geographic allocation(%)
  • United States 83.54
  • Denmark 5.08
  • Taiwan 3.46
  • Switzerland 2.80
  • United Kingdom 2.67
  • Germany 1.93
  • Canada 0.55
  • Other -0.03
Top holdings
Sector (%)
1. NVIDIA Corp Computer Electronics 7.79%
2. Alphabet Inc Cl C Information Technology 5.87%
3. Eli Lilly and Co Drugs 5.21%
4. Novo Nordisk A/S Cl B Drugs 5.08%
5. Microsoft Corp Information Technology 4.95%
6. Mastercard Inc Cl A Diversified Financial Services 4.87%
7. UnitedHealth Group Inc Healthcare Services 4.28%
8. Meta Platforms Inc Cl A Information Technology 4.25%
9. Amazon.com Inc Retail 4.15%
10. Taiwan Semiconductor Manufactrg Co Ltd - ADR Computer Electronics 3.46%
11. Apple Inc Computer Electronics 3.08%
12. Elevance Health Inc Diversified Healthcare 2.91%
13. UBS Group AG Asset Management 2.80%
14. McKesson Corp Retail 2.70%
15. AstraZeneca PLC Drugs 2.67%
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.