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About CI Munro Alternative Global Growth Fund Trust Units
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Inception date
Jan 23, 2020
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
CI Investments, Inc.
ISIN
CA1255311039
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
Electronic Technology
Technology Services
Producer Manufacturing
Stocks96.90%
Electronic Technology28.64%
Technology Services25.04%
Producer Manufacturing11.15%
Health Technology9.93%
Finance6.36%
Retail Trade4.86%
Utilities3.31%
Transportation2.62%
Industrial Services1.88%
Consumer Services1.59%
Consumer Non-Durables0.42%
Bonds, Cash & Other3.10%
Cash4.25%
Rights & Warrants0.01%
Futures−0.08%
Miscellaneous−1.08%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CMAG top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 8.27% and 5.76% of the portfolio correspondingly.
CMAG assets under management is 152.17 M CAD. It's fallen 0.56% over the last month.
CMAG fund flows account for −92.60 M CAD (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.
Yes, CMAG pays dividends to its holders with the dividend yield of 0.41%. The last dividend (Jun 30, 2025) amounted to 0.09 CAD. The dividends are paid quarterly.
CMAG shares are issued by CI Financial Corp. under the brand CI. The ETF was launched on Jan 23, 2020, and its management style is Active.
CMAG expense ratio is 1.54% meaning you'd have to pay 1.54% of your investment to help manage the fund.
CMAG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CMAG invests in stocks.
and its yearly performance shows a 18.54% increase. See more dynamics on CMAG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.69% over the last month, have fallen by −0.69% over the last month, showed a 6.44% increase in three-month performance and has increased by 18.80% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.69% over the last month, have fallen by −0.69% over the last month, showed a 6.44% increase in three-month performance and has increased by 18.80% in a year.
CMAG trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.