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 2026-07-10
$16.1 million
NAVPS
As at 2026-07-10
$36.6368
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 2026-07-10
440,000
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 2026-06-30

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*
19.51% 3.87% 24.44% 19.51% 27.22% 26.87% 13.62% - 12.85%
*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 2026-06-30
Asset allocation (%)
  • US Equity 52.83
  • International Equity 36.67
  • Cash and Equivalents 12.67
  • Other -0.02
  • Derivatives -2.15
Sector allocation (%)
  • Technology 43.97
  • Industrial Goods 18.72
  • Cash and Cash Equivalent 12.67
  • Consumer Services 4.81
  • Other 4.39
  • Real Estate 3.78
  • Consumer Goods 3.59
  • Utilities 3.40
  • Telecommunications 2.43
  • Healthcare 2.24
Geographic allocation(%)
  • United States 57.52
  • Other 7.86
  • Taiwan 7.18
  • Netherlands 5.85
  • China 5.67
  • United Kingdom 4.41
  • Europe 3.52
  • Switzerland 3.37
  • Finland 2.42
  • Ireland 2.20
  • Singapore 2.20
Top holdings6
Sector (%)
1. Taiwan Semiconductor Manufactrg Co Ltd Computer Electronics 5.93%
2. Contemporary Amperex Technology Co Ltd - Comn Cl A Manufacturing 5.67%
3. NVIDIA Corp Computer Electronics 5.00%
4. Alphabet Inc Cl A Information Technology 4.10%
5. Amazon.com Inc Retail 4.04%
6. Applied Materials Inc Computer Electronics 3.91%
7. GE Vernova Inc Electric Utilities 3.40%
8. ASM International NV Computer Electronics 3.32%
9. Mastercard Inc Cl A Diversified Financial Services 3.03%
10. GALDERMA GROUP AG Consumer Non-durables 2.98%
11. ASML Holding NV Computer Electronics 2.53%
12. Rolls-Royce Holdings PLC Aerospace and Defence 2.44%
13. Nokia Oyj Computer Electronics 2.42%
14. Quanta Services Inc Construction 2.40%
15. Broadcom Inc Computer Electronics 2.32%
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