  A cosmological model in which the primordial perturbations are provided by
global monopoles and in which the dark matter is cold has several interesting
features. The model is normalized by choosing its single parameter within the
bounds obtained from gravitational wave constraints and by demanding coherent
velocity f1ows of about 600km/sec on scales of $50 h^{-1} Mpc$. Using this
normalization, the model predicts the existence of dominant structures with
mass $2\times 10^{16} M_\odot$ on a scale $35 h^{-1}Mpc$ i.e. larger than the
horizon at $t_{eq}$. The magnitude of the predicted mass function in the
galactic mass range is in good agreement with the observed Schechter function.
