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About CI Munro Alternative Global Growth Fund Series -Hedged- Trust Units
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Inception date
Jan 18, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
CI Investments, Inc.
ISIN
CA1255312029
The fund employs a dynamic long/short equities strategy with a long bias, primarily investing in listed international equities. The core is to identify sustainable growth opportunities undervalued by the market while pinpointing overvalued stocks for short positions. The sub-adviser leverages top-down thematic views and bottom-up stock analysis to generate high-conviction investment ideas, rigorously screening them through quantitative and qualitative tests. Typically, the portfolio will consist of 30-50 securities, without constraints on region, market capitalization, or sector, and dynamically manages market and currency exposures. Leveraging up to 150% of NAV through derivatives and short selling, the fund maintains a disciplined approach to risk, avoiding excessive leverage and utilizing short selling primarily for profit from market downturns rather than as a hedge. The fund may also utilize derivatives, invest in cash equivalents, OTC and exchange-traded derivatives, and occasionally in unlisted equities expected to list within a year.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Producer Manufacturing
Stocks100.67%
Technology Services25.47%
Electronic Technology24.66%
Producer Manufacturing10.09%
Health Technology7.33%
Retail Trade5.62%
Utilities5.20%
Finance5.02%
Non-Energy Minerals3.89%
Consumer Services3.84%
Industrial Services3.74%
Consumer Durables2.14%
Transportation1.53%
Health Services0.96%
Bonds, Cash & Other−0.67%
Cash0.53%
Rights & Warrants0.26%
Futures−0.01%
Miscellaneous−1.45%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CMAG.U top holdings are NVIDIA Corporation and Amazon.com, Inc., occupying 6.36% and 5.68% of the portfolio correspondingly.
CMAG.U assets under management is 12.93 M USD. It's risen 16.58% over the last month.
CMAG.U fund flows account for 1.97 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, CMAG.U doesn't pay dividends to its holders.
CMAG.U shares are issued by CI Financial Corp. under the brand CI. The ETF was launched on Jan 18, 2021, and its management style is Active.
CMAG.U expense ratio is 1.52% meaning you'd have to pay 1.52% of your investment to help manage the fund.
CMAG.U follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CMAG.U invests in stocks.
CMAG.U price has risen by 3.20% over the last month, and its yearly performance shows a 26.33% increase. See more dynamics on CMAG.U price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.97% over the last month, showed a 8.87% increase in three-month performance and has increased by 24.52% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.97% over the last month, showed a 8.87% increase in three-month performance and has increased by 24.52% in a year.
CMAG.U trades at a premium (0.32%) meaning the ETF is trading at a higher price than the calculated NAV.