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 2026-08-24
$8.9 million
NAVPS
As at 2026-08-24
$34.5520
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 2026-08-24
260,000
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 2026-07-31

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*
8.28% -9.40% 1.38% 7.42% 11.51% 22.34% 10.78% - 10.65%
*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 2026-07-31
Asset allocation (%)
  • US Equity 46.36
  • International Equity 29.97
  • Cash and Equivalents 23.63
  • Other 0.04
Sector allocation (%)
  • Technology 27.71
  • Cash and Cash Equivalent 23.63
  • Industrial Goods 18.91
  • Consumer Services 7.18
  • Other 5.51
  • Financial Services 5.11
  • Basic Materials 3.19
  • Healthcare 3.01
  • Energy 2.97
  • Utilities 2.78
Geographic allocation(%)
  • United States 60.44
  • Taiwan 6.30
  • Netherlands 5.80
  • China 5.31
  • Other 4.55
  • United Kingdom 4.22
  • Europe 4.08
  • Switzerland 3.62
  • Ireland 3.15
  • Germany 2.53
Top holdings6
Sector (%)
1. NVIDIA Corp Computer Electronics 5.91%
2. Contemporary Amperex Technology Co Ltd - Comn Cl A Manufacturing 5.31%
3. Taiwan Semiconductor Manufactrg Co Ltd Computer Electronics 5.21%
4. Amazon.com Inc Retail 5.14%
5. Mastercard Inc Cl A Diversified Financial Services 4.83%
6. Alphabet Inc Cl A Information Technology 3.67%
7. ASML Holding NV Computer Electronics 3.09%
8. Rolls-Royce Holdings PLC Aerospace and Defence 3.08%
9. General Electric Co Diversified Industrial Goods 2.93%
10. GE Vernova Inc Electric Utilities 2.78%
11. ASM International NV Computer Electronics 2.71%
12. Liberty Media Corp Television Broadcasting 2.52%
13. GALDERMA GROUP AG Consumer Non-durables 2.50%
14. Howmet Aerospace Inc Metals and Mining 2.50%
15. Eli Lilly and Co Drugs 2.48%
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