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CI Global Asset Management Announces Unitholder Approval of ETF Mergers and Investment Objective Changes, and Related Estimated Reinvested Distributions

CI Global Asset Management Announces Unitholder Approval of ETF Mergers and Investment Objective Changes, and Related Estimated Reinvested Distributions
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CI Global Asset Management Announces Changes to its ETF Lineup


Press release content from Business Wire. The AP news staff was not involved in its creation.
CI Global Asset Management Announces Changes to its ETF Lineup
February 1, 2021 GMT
TORONTO (BUSINESS WIRE) Feb 1, 2021
CI Global Asset Management (“CI GAM”) today announced proposed changes to its lineup of exchange-traded funds, including mergers and investment objective changes.
Additionally, CI GAM has revised the risk rating for certain ETFs and is announcing the termination of CI First Asset Long Duration Fixed Income ETF (TSX: FLB), which will take place on or about April 22, 2021. All of the affected ETFs are listed on the Toronto Stock Exchange (“TSX”). ....

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CI Global Asset Management Announces Confirmed Annual Reinvested Capital Gains Distributions for CI ETFs


[December 31, 2020]
CI Global Asset Management ( CI GAM ) announces the confirmed annual reinvested capital gains distributions (the
Reinvested
Distributions ) for the 2020 tax year for the CI ETFs listed below.
Each of the CI ETFs is required to distribute net income and capital gains earned during the year. The Reinvested Distributions will generally consist of capital gains and/or any excess net income at year end. Other than in respect of CI First Asset High Interest Savings ETF, the Reinvested Distributions will not be paid in cash, but will be reinvested and the resulting units immediately consolidated so that the number of units held by each investor will not change. Investors holding units outside registered plans will have taxable amounts to report and will have an increase in the adjusted cost base of their investment. In all cases, other than CI First Asset High Interest Savings ETF, these distributions will be reinvested on or about December 31, 2020 ....

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