CI Global Asset Management Announces Risk Rating Change for CI Global Alpha Innovation ETF
13 Août 2021 - 1:00PM
Business Wire
CI Global Asset Management (“CI GAM”) today announced a risk
rating change for CI Global Alpha Innovation ETF. This ETF is
expected to begin trading on the Toronto Stock Exchange on Tuesday,
August 17, 2021 under the tickers CINV and CINV.U.
CI Global Alpha Innovation ETF’s risk rating is changing to
“Medium” from “Medium-to-High.” The risk rating change is effective
immediately and is based on the risk classification methodology
mandated by the Canadian Securities Administrators to determine the
risk level of mutual funds. This change is as a result of a
determination that the reference index of CI Global Alpha
Innovation ETF should be changed to better approximate the standard
deviation of this ETF.
About CI Global Asset Management
CI Global Asset Management is one of Canada’s largest investment
management companies. It offers a wide range of investment products
and services and is on the Web at www.ci.com. CI GAM is a
subsidiary of CI Financial Corp. (TSX: CIX, NYSE: CIXX), an
independent company offering global asset management and wealth
management advisory services with approximately $304 billion in
total assets as at June 30, 2021.
Commissions, trailing commissions, management fees and expenses
all may be associated with an investment in mutual funds, including
exchange-traded funds (ETFs). Please read the prospectus before
investing. Important information about the mutual fund is contained
in its prospectus. Mutual funds are not guaranteed; their values
change frequently and past performance may not be repeated. You
will usually pay brokerage fees to your dealer if you purchase or
sell units of an ETF on recognized Canadian exchanges. If the units
are purchased or sold on these Canadian exchanges, investors may
pay more than the current net asset value when buying units of the
ETF and may receive less than the current net asset value when
selling them.
This communication is intended for informational purposes only
and does not constitute an offer to sell or the solicitation of an
offer to purchase exchange-traded funds (ETFs) managed by CI Global
Asset Management and is not, and should not be construed as,
investment, tax, legal or accounting advice, and should not be
relied upon in that regard. Individuals should seek the advice of
professionals, as appropriate, regarding any particular investment.
Investors should consult their professional advisors prior to
implementing any changes to their investment strategies. These
investments may not be suitable to the circumstances of an
investor. Some conditions apply.
CI Global Asset Management is a registered business name of CI
Investments Inc. ©CI Investments Inc. 2021. All rights
reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20210813005018/en/
Murray Oxby Vice-President, Corporate Communications CI Global
Asset Management 416-681-3254 moxby@ci.com
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