Description

The CIBC Global Growth ETF (CGLO.TO), a component of CIBC's Active Equity offerings, aims to achieve substantial long-term capital appreciation primarily through investments in the Renaissance Global Growth Fund. This actively managed, concentrated portfolio typically holds 40 to 60 large- and mid-capitalization companies worldwide that demonstrate strong growth characteristics. Investment selection relies on a distinctive bottom-up analytical approach, prioritizing firms with exceptional earnings growth rates and promising prospects for profit margins, product innovation, market share expansion, underlying industry development, and stock market returns. The fund maintains the flexibility to invest across any sector or industry without limitations. CGLO's focus on global growth equities makes it an ideal counterpart to CINT, which concentrates on growth stocks outside the United States.