Key stats
About CI MUNRO ALTERNATIVE GBL GROWTH FD COM UNIT
Home page
Inception date
Jan 23, 2020
Structure
Canadian Mutual Fund Trust (ON)
Distributes
Capital Gains
Tax on distributions
Ordinary income
Primary advisor
CI Investments, Inc.
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
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stocks98.55%
Electronic Technology26.90%
Technology Services19.81%
Producer Manufacturing8.15%
Health Technology7.31%
Retail Trade6.90%
Commercial Services6.73%
Utilities6.73%
Consumer Services4.33%
Transportation2.47%
Non-Energy Minerals2.04%
Consumer Durables1.92%
Industrial Services0.89%
Bonds, Cash & Other1.45%
Cash6.11%
Rights & Warrants0.04%
Futures0.03%
Miscellaneous−4.73%
Displays a symbol's price movements over previous years to identify recurring trends.