July 11, 2024
CI Global Asset Management Announces Risk Rating Changes for Six Funds
TORONTO (July 11, 2024) – CI Global Asset Management (“CI GAM”) announces risk rating changes for six funds within the Assante Private Pools lineup.
The Assante Private Pools are managed by CI GAM and available to clients of CI Assante Wealth Management. The following risk rating changes are effective immediately:
| Fund | New Risk Rating | Previous Risk Rating |
|---|---|---|
| Tactical Asset Allocation Conservative Balanced Class | Low-to-Medium | Low |
| Tactical Asset Allocation Conservative Balanced Pool | Low-to-Medium | Low |
| Tactical Asset Allocation Conservative Class | Low-to-Medium | Low |
| Tactical Asset Allocation Conservative Pool | Low-to-Medium | Low |
| US Equity Value Currency Hedged Corporate Class | Medium-to-High | Medium |
| US Equity Value Currency Hedged Pool | Medium-to-High | Medium |
The risk rating changes are based on the risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds. CI GAM reviews the risk rating for each of the funds it manages at least on an annual basis, as well as when a fund undergoes a material change. These changes are the result of an annual review and are not the result of any changes to the investment objectives, strategies or management of the funds.
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 $482.2 billion in assets as at May 31, 2024.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated..
This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase mutual funds 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. Every effort has been made to ensure that the material contained in this document is accurate at the time of publication. 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.
CI Global Asset Management is a registered business name of CI Investments Inc.
©CI Investments Inc. 2024. All rights reserved.
Contact:
Murray Oxby
Vice-President, Corporate Communications
CI Global Asset Management
416-681-3254
moxby@ci.com
Contact
CI Global Asset Management is a registered business name of CI Investments Inc. © CI Investments Inc. 2024. All rights reserved.