Canada NewsWire
TORONTO, Dec. 6, 2016
TSX Symbol: CIX
TORONTO, Dec. 6, 2016 /CNW/ - CI Investments Inc. ("CI") today
announced that it has completed the merger of six funds into other funds with similar mandates, as follows:
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Terminating fund
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Continuing fund
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CI Short-Term Advantage Corporate Class
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CI Short-Term Corporate Class
|
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CI U.S. Equity Plus Fund
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Cambridge American Equity Fund
|
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Red Sky Canadian Equity Corporate Class
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Cambridge Canadian Growth Companies Fund
|
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Signature Diversified Yield Fund
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Signature Diversified Yield II Fund
|
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Signature Select Global Corporate Class
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CI Global Corporate Class
(renamed Signature Global Equity Corporate Class)
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Signature Select Global Fund
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CI Global Fund
(renamed Signature Global Equity Fund)
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Pursuant to the mergers, securityholders of each terminating fund received an equivalent dollar amount of units or shares in the
respective continuing fund. The mergers were approved by the funds' securityholders, as required, at meetings held on November 24 and December 1, 2016.
In addition, CI Global Fund was renamed Signature Global Equity Fund and CI Global Corporate Class was renamed Signature Global
Equity Corporate Class effective December 5, 2016, to reflect that Signature Global Asset Management
is portfolio advisor to the funds.
About CI Investments
CI is one of Canada's largest investment management companies. It offers a broad range
of investment products and services, and is on the Web at www.ci.com. CI is a subsidiary of CI Financial Corp. (TSX: CIX), an independent, Canadian-owned wealth management
firm with approximately $154.6 billion in assets as of November 30,
2016.
SOURCE CI Financial Corp.
