CI Munro Alternative Global Growth Fund

TSX TICKER : CMAG.U
 

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 January 2021
Total net assets ($USD)
As at 2026-04-14
$6.0 million
NAVPS
As at 2026-04-14
$33.4929
MER (%)
As at 2025-12-31
2.61
MER (%)
(Excluding performance fee)
As at 2025-12-31
1.17
Management fee (%) 0.90
Units outstanding
As at 2026-04-14
180,000
Asset class Alternative Equity Focused
Currency USD Hedged
CUSIP 125531202
Distribution frequency Quarterly
Last distribution $0.0661

Risk rating1

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

Investor suitability

For those who:
  • are seeking capital growth through a portfolio of global growth equities
  • are investing for the medium-to-long term
  • can tolerate potential fluctuations in your investment as assets with the highest long-term returns may also carry the highest level of short-term risk
  • are seeking an investment which can utilize short-selling, leverage and derivatives where appropriate to either maximize returns or mitigate negative returns
  • can tolerate medium risk

Performance2 As at 2026-03-31

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*
-3.97% -5.20% -3.97% -4.23% 18.89% 20.37% 9.52% - 8.83%
*Since inception date

Distribution history3

Ex-Date Total
2025-06-24 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

TSX TICKER : CMAG.U
 
Portfolio allocations4 As at 2026-03-31
Asset allocation (%)
  • US Equity 42.28
  • International Equity 39.42
  • Cash and Equivalents 18.39
  • Other 0.03
  • Derivatives -0.12
Sector allocation (%)
  • Technology 26.20
  • Industrial Goods 23.46
  • Cash and Cash Equivalent 18.39
  • Utilities 6.65
  • Consumer Goods 5.76
  • Consumer Services 5.74
  • Healthcare 4.19
  • Energy 3.56
  • Other 3.27
  • Basic Materials 2.78
Geographic allocation(%)
  • United States 61.35
  • Netherlands 6.63
  • Ireland 5.46
  • Germany 5.45
  • Taiwan 5.01
  • China 4.88
  • Switzerland 3.49
  • United Kingdom 3.01
  • Other 2.84
  • Cayman Islands 1.88
Top holdings6
Sector (%)
1. NVIDIA Corp Computer Electronics 6.18%
2. Taiwan Semiconductor Manufactrg Co Ltd Computer Electronics 5.01%
3. Contemporary Amperex Technology Co Ltd - Comn Cl A Manufacturing 4.88%
4. GE Vernova Inc Electric Utilities 4.58%
5. Amazon.com Inc Retail 3.62%
6. Broadcom Inc Computer Electronics 3.27%
7. GALDERMA GROUP AG Consumer Non-durables 3.25%
8. Alphabet Inc Cl A Information Technology 3.03%
9. INSTITUATIONAL CASH SERIES PLC DISC NOTE Cash and Cash Equivalent 2.97%
10. BAE Systems PLC Aerospace and Defence 2.87%
11. Rheinmetall AG Automotive 2.51%
12. Eaton Corp PLC Manufacturing 2.45%
13. ASML Holding NV Computer Electronics 2.40%
14. ASM International NV Computer Electronics 2.39%
15. Eli Lilly and Co Drugs 2.31%
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