NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA
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 to unitholders of record on December 30, 2020. With respect to CI First Asset High Interest Savings ETF, the Reinvested Distribution will distribute interest accrued between December 23, 2020 and December 31, 2020 and will be paid in cash on or about January 7, 2021 to unitholders of record on December 31, 2020. The ex-dividend date in each case is December 29, 2020, with the exception of CI First Asset High Interest Savings ETF which has an ex-dividend date of December 31, 2020.
These confirmed amounts are for the Reinvested Distributions only and replace the previous estimates announced on December 7, 2020. The actual taxable amounts of all distributions for 2020, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or “ CDS ”) and will be posted on www.firstasset.com in early 2021.
|
Fund Name
|
Trading Symbol
|
Confirmed
Capital Gain
Distributions
per Fund Unit
|
|
CI First Asset Morningstar Canada Momentum Index ETF
|
WXM
|
$0.012
|
|
CI First Asset Morningstar National Bank Québec Index ETF
|
QXM
|
$0.018
|
|
CI First Asset Morningstar International Momentum Index ETF
|
ZXM
|
$0.000
|
|
ZXM.B
|
$0.003
|
|
CI First Asset Morningstar US Dividend Target 50 Index ETF
|
UXM
|
$0.039
|
|
UXM.B
|
$0.043
|
|
CI First Asset MSCI Europe Low Risk Weighted ETF
|
RWE
|
$0.000
|
|
RWE.B
|
$0.000
|
|
CI First Asset MSCI USA Low Risk Weighted ETF
|
RWU
|
$0.042
|
|
RWU.B
|
$0.050
|
|
CI First Asset MSCI World Low Risk Weighted ETF
|
RWW
|
$0.874
|
|
RWW.B
|
$0.000
|
|
CI First Asset European Bank ETF
|
FHB
|
$0.000
|
|
CI First Asset Preferred Share ETF
|
FPR
|
$0.000
|
|
CI First Asset MSCI International Low Risk Weighted ETF
|
RWX
|
$0.154
|
|
RWX.B
|
$2.338
|
|
CI First Asset Morningstar US Momentum Index ETF
|
YXM
|
$0.033
|
|
YXM.B
|
$0.044
|
|
CI First Asset Enhanced Government Bond ETF
|
FGO
|
$0.164
|
|
FGO.U
|
$0.000 (US$)
|
|
CI First Asset U.S. Buyback Index ETF
|
FBU
|
$0.079
|
|
CI First Asset Global Financial Sector ETF
|
FSF
|
$0.000
|
|
CI Global Asset Allocation Private Pool (ETF Series)
|
CGAA
|
$0.624
|
|
CI First Asset Morningstar Canada Dividend Target 30 Index ETF
|
DXM
|
$0.000
|
|
CI First Asset Long Duration Fixed Income ETF
|
FLB
|
$0.672
|
|
CI First Asset High Interest Savings ETF
|
CSAV
|
$0.000
|
|
CI First Asset Morningstar Canada Value Index ETF
|
FXM
|
$0.007
|
|
CI First Asset MSCI Canada Low Risk Weighted ETF
|
RWC
|
$0.000
|
|
CI First Asset U.S. TrendLeaders Index ETF
|
SID
|
$1.718
|
|
CI First Asset Energy Giants Covered Call ETF
|
NXF
|
$0.000
|
|
NXF.B
|
$0.000
|
|
CI First Asset Health Care Giants Covered Call ETF
|
FHI
|
$0.000
|
|
FHI.B
|
$0.000
|
|
CI First Asset Tech Giants Covered Call ETF
|
TXF
|
$0.000
|
|
TXF.B
|
$0.000
|
|
CI First Asset 1-5 Year Laddered Government Strip Bond Index ETF
|
BXF
|
$0.000
|
|
CI First Asset Active Canadian Dividend ETF
|
FDV
|
$0.425
|
|
CI First Asset Canadian Convertible Bond ETF
|
CXF
|
$0.018
|
|
CI First Asset U.S. & Canada Lifeco Income ETF
|
FLI
|
$0.000
|
|
CI First Asset Active Utility & Infrastructure ETF
|
FAI
|
$0.240
|
|
CI First Asset Active Credit ETF
|
FAO
|
$0.000
|
|
FAO.U
|
$0.000 (US$)
|
|
CI First Asset Canadian Buyback Index ETF
|
FBE
|
$0.000
|
|
CI First Asset Investment Grade Bond ETF
|
FIG
|
$0.000
|
|
FIG.U
|
$0.000 (US$)
|
|
CI First Asset Enhanced Short Duration Bond Fund (ETF Series)
|
FSB
|
$0.030
|
|
FSB.U
|
$0.031 (US$)
|
|
CI First Asset Gold+ Giants Covered Call ETF
|
CGXF
|
$0.000
|
|
CI First Asset Canadian REIT ETF
|
RIT
|
$0.000
|
|
CI First Asset Morningstar International Value Index ETF
|
VXM
|
$0.000
|
|
VXM.B
|
$0.000
|
|
CI First Asset Morningstar US Value Index ETF
|
XXM
|
$0.040
|
|
XXM.B
|
$0.051
|
|
CI First Asset MSCI World ESG Impact ETF
|
CESG
|
$1.949
|
|
CESG.B
|
$1.474
|
|
CI Lawrence Park Alternative Investment Grade Credit ETF
|
CRED
|
$0.000
|
|
CRED.U
|
$0.000 (US$)
|
|
CI Marret Alternative Absolute Return Bond ETF
|
CMAR
|
$0.228
|
|
CMAR.U
|
$0.000 (US$)
|
|
CI Munro Alternative Global Growth ETF
|
CMAG
|
$0.000
|
|
CI Marret Alternative Enhanced Yield Fund (ETF Series)
|
CMEY
|
$0.000
|
|
CMEY.U
|
$0.000 (US$)
|
|
CI Global REIT Private Pool (ETF Series)
|
CGRE
|
$0.000
|
|
CI Global Infrastructure Private Pool (ETF Series)
|
CINF
|
$0.000
|
|
CI Global Real Asset Private Pool (ETF Series)
|
CGRA
|
$0.000
|
|
CI DoubleLine Core Plus Fixed Income US$ Fund (ETF Series)
|
CCOR
|
$0.000
|
|
CCOR.B
|
$0.000
|
|
CCOR.U
|
$0.000 (US$)
|
|
CI DoubleLine Income US$ Fund (ETF Series)
|
CINC
|
$0.267
|
|
CINC.B
|
$0.244
|
|
CINC.U
|
$0.342 (US$)
|
|
CI DoubleLine Total Return Bond US$ Fund (ETF Series)
|
CDLB
|
$0.126
|
|
CDLB.B
|
$0.115
|
|
CDLB.U
|
$0.161 (US$)
|
|
CI Global Longevity Economy Fund (ETF Series)
|
LONG
|
$0.245
|
|
CORPORATE CLASS ETFs
|
|
|
|
CI First Asset CanBanc Income Class ETF
|
CIC
|
$0.000
|
|
CI First Asset Core Canadian Equity Income Class ETF
|
CSY
|
$0.000
|
|
CI First Asset Short Term Government Bond Index Class ETF
|
FGB
|
$0.000
|
|
CI First Asset MSCI Canada Quality Index Class ETF
|
FQC
|
$0.000
|
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 $215.6 billion in total assets as of November 30, 2020.
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.
Commissions, management fees and expenses all may be associated with an investment in ETFs. 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. Please read the prospectus before investing. Important information about an exchange-traded fund (ETF) is contained in its prospectus. ETFs are not guaranteed; their values change frequently and past performance may not be repeated.
CI Global Asset Management is a registered business name of CI Investments Inc.
©CI Investments Inc. 2020. All rights reserved.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201231005032/en/
For further information:
CI Global Asset Management
416-642-1289
1‐877‐642‐1289
www.firstasset.com
Murray Oxby
Vice-President, Corporate Communications
CI Global Asset Management
416-681-3254
moxby@ci.com