CI Global Asset Management Simplifies Investing with New Suite of Asset Allocation ETFs

CI Global Asset Management(“CI GAM”) today launches the CI Asset Allocation ETFs, a suite of low-cost all-in-one portfolio solutions. The six ETFs, which begin trading today on the Toronto Stock Exchange (“TSX”), invest primarily in other ETFs to provide diversified portfolios that match a broad spectrum of investor profiles, from conservative to growth focused.

“The CI Asset Allocation ETFs simplify investing by providing a sophisticated, professionally managed portfolio in a convenient one-ticket solution,” said Roy Ratnavel, Executive Vice-President and Head of Distribution for CI GAM. “Once an investor and their advisor choose the portfolio that meets their personal investment objectives, they can rest easy, knowing that our experts at CI GAM are overseeing portfolio construction, asset allocation, portfolio monitoring and risk management.”

The CI Asset Allocation ETFs, which carry a management fee of 0.22%, are:

*The percentage split between fixed income and equity is an approximation under normal market conditions and may change at the discretion of the portfolio manager.

The CI Asset Allocation ETFs generally invest in a blend of passive equity and fixed-income ETFs from CI GAM and external ETF providers, resulting in portfolios that are well diversified across geographic regions, asset classes and industry sectors. The ETFs leverage CI GAM’s deep expertise in asset allocation to deliver and manage portfolios tailored to a range of investor risk and return profiles. The ETFs are strategically managed by veteran investment professionals Marc-André Lewis and Stephen Lingard, who have extensive experience in asset allocation and multi-asset class portfolios and are backed by the research capabilities of the CI GAM team.

Mr. Lewis, Executive Vice-President and Chief Investment Officer of CI GAM, has over 20 years of investment experience, including serving as Head of Portfolio Construction at the Abu Dhabi Investment Authority, one of the world’s largest sovereign wealth funds, and as Senior Vice-President and Deputy Chief Risk Officer at Caisse de dépôt et placement du Québec (CDPQ), where he led a team that analyzed and monitored the risks of both public and private investments in the CDPQ portfolio and was a member of its asset allocation committee.

Mr. Lingard has over 25 years of investment experience largely focused on multi-asset portfolio programs. He is currently Senior Vice-President and Co-Head of Multi-Asset at CI GAM, where he shares responsibility for the firm’s multi-asset investments and leads the multi-asset team’s research efforts.

“The new CI Asset Allocation ETFs are part of our commitment to continually enhancing CI GAM’s selection of ETFs, already one of the most comprehensive in Canada,” said Mr. Ratnavel. “In modernizing our lineup, we are providing investment options to meet investors’ evolving needs and preferences and helping them meet their objectives in challenging markets.”

CI GAM manages approximately $18.3 billion in a lineup of more than 75 ETF mandates, including passive, smart beta, active, digital asset, ESG, thematic, covered call and liquid alternative strategies (as at March 31, 2023).

For more information about the CI Asset Allocation ETFs and the CI GAM ETF lineup, please visit ci.com.

About CI Global Asset Management

CI Global Asset Management (“CI GAM”) 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), an integrated global asset and wealth management company with approximately $394.9 billion in assets as at April 30, 2023.

Commissions, management fees and expenses all may be associated with an investment in exchange-traded funds (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 is contained in its prospectus. ETFs are not guaranteed; their values change frequently, and past performance may not be repeated.

This document is provided as a general source of information and should not be considered personal, legal, accounting, tax or investment advice, or construed as an endorsement or recommendation of any entity or security discussed. Every effort has been made to ensure that the material contained in this document is accurate at the time of publication. Market conditions may change which may impact the information contained in this document. All charts and illustrations in this document are for illustrative purposes only. They are not intended to predict or project investment results. 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.

The CI Exchange-Traded Funds are managed by CI Global Asset Management, a wholly owned subsidiary of CI Financial Corp. (TSX: CIX). CI Global Asset Management is a registered business name of CI Investments Inc.

©CI Investments Inc. 2023. All rights reserved.

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