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CI Munro Alternative Global Growth Fund - ETF C$ Series

Alternative Equity Focus

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2021

Click for more information on Fundata’s FundGrade

NAVPS
(08-01-2025)
$40.76
Change
-$0.63 (-1.52%)

As at June 30, 2025

As at June 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jul 2022Oct 2023Jan 2025Oct 2022Jan 2023Apr 2023Jul 2023Jan 2024Apr 2024Jul 2024Oct 2024Apr 2025Oct 2020Jul 2021Apr 2022Jan 2023Oct 2023Jul 2024Apr 2025$10,000$8,000$12,000$14,000$16,000$18,000Period

Legend

CI Munro Alternative Global Growth Fund - ETF C$ Series

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Fund Returns

Inception Return (January 23, 2020): 13.69%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 6.12% 16.01% 7.78% 7.78% 16.13% 25.96% 20.21% 9.97% 12.54% - - - - -
Benchmark 2.91% 8.53% 10.17% 10.17% 26.37% 19.03% 16.09% 10.74% 15.02% 11.96% 10.77% 10.72% 10.76% 9.61%
Category Average 3.59% 6.83% 5.71% 5.71% 11.99% 13.58% 10.27% 6.62% 9.88% 7.64% - - - -
Category Rank 30 / 250 27 / 237 50 / 228 50 / 228 58 / 201 10 / 155 19 / 140 30 / 113 23 / 71 - - - - -
Quartile Ranking 1 1 1 1 2 1 1 2 2 - - - - -

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund -2.43% 0.28% 2.59% 1.44% 6.54% -0.68% 5.33% -4.34% -7.79% 1.61% 7.58% 6.12%
Benchmark 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10% 5.56% 2.91%

Best Monthly Return Since Inception

10.30% (February 2024)

Worst Monthly Return Since Inception

-9.63% (January 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-40%-20%0%20%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - 9.06% -19.03% 16.45% 36.41%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average - - - - - 5.11% 17.27% -5.96% 6.54% 16.58%
Quartile Ranking - - - - - - 3 4 1 1
Category Rank - - - - - - 76/ 105 116/ 129 34/ 147 12/ 170

Best Calendar Return (Last 10 years)

36.41% (2024)

Worst Calendar Return (Last 10 years)

-19.03% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 72.77
International Equity 21.90
Cash and Equivalents 6.30
Derivatives -0.97

Sector Allocation

Sector Allocation
Name Percent
Technology 39.30
Industrial Goods 15.19
Consumer Services 10.81
Healthcare 7.43
Financial Services 6.41
Other 20.86

Geographic Allocation

Geographic Allocation
Name Percent
North America 76.19
Europe 17.76
Asia 7.00

Top Holdings

Top Holdings
Name Percent
NVIDIA Corp 8.25
Microsoft Corp 5.74
Amazon.com Inc 4.90
Meta Platforms Inc Cl A 4.47
Taiwan Semiconductor Manufactrg Co Ltd 3.64
Constellation Energy Corp 3.34
Oracle Corp 3.17
Mastercard Inc Cl A 2.97
BAE Systems PLC 2.89
Boston Scientific Corp 2.83

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return51015202530354045-40%-20%0%20%40%60%

CI Munro Alternative Global Growth Fund - ETF C$ Series

Median

Other - Alternative Equity Focus

3 Yr Annualized

Standard Deviation 13.69% 13.68% -
Beta 0.53% 0.50% -
Alpha 0.11% 0.05% -
Rsquared 0.23% 0.22% -
Sharpe 1.13% 0.75% -
Sortino 2.25% 1.15% -
Treynor 0.29% 0.21% -
Tax Efficiency 99.80% - -
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 -

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 16.23% 13.69% 13.68% -
Beta 0.95% 0.53% 0.50% -
Alpha -0.07% 0.11% 0.05% -
Rsquared 0.39% 0.23% 0.22% -
Sharpe 0.79% 1.13% 0.75% -
Sortino 1.37% 2.25% 1.15% -
Treynor 0.14% 0.29% 0.21% -
Tax Efficiency 99.38% 99.80% - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A41.641.651.851.80%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A62.362.355.655.60%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A28.028.046.746.70%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A57.457.452.152.10%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date January 23, 2020
Instrument Type Exchange Traded Fund (Alternative)
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $1,440

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

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. The fund will use leverage. The leverage will be created generally through the use of short sales and derivative contracts. The fund’s leverage must not exceed three times the fund’s net asset value.

Investment Strategy

The fund will invest primarily in listed international equities, deploying a long/short equities strategy with a long bias. The investment strategy is designed to identify sustainable growth trends that are under-appreciated and mispriced by the market, and the resulting winning and losing stocks. The fund’s aggregate gross exposure will not exceed 150% of the fund’s net asset value.

Portfolio Management

Portfolio Manager

CI Global Asset Management

Sub-Advisor

Munro Partners

  • Nick Griffin
  • Kieran Moore
  • James Tsinidis
  • Qiao Ma

Management and Organization

Fund Manager

CI Global Asset Management

Custodian

CIBC Mellon Trust Company

Registrar

CI Global Asset Management

Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 4.87%
Management Fee 0.90%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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