CI Global Asset Management Announces August 2022 Distributions for CI ETFs

Rhea-AI Summary

CI Global Asset Management announced regular cash distributions for its ETFs for August 2022, payable on or before August 31, 2022. Key distributions include CI Canadian Convertible Bond ETF (CXF) at $0.0400 and CI High Interest Savings ETF (CSAV) at $0.1166. Unitholders of record will be noted as of August 25, 2022, with ex-dividend dates varying. The CI Distribution Reinvestment Plan allows unitholders to reinvest cash distributions automatically.

Positive

• Regular cash distributions scheduled for multiple CI ETFs.
• CI Distribution Reinvestment Plan (DRIP) facilitates reinvestment of cash distributions.

Negative

• None.

NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

TORONTO--(BUSINESS WIRE)-- CI Global Asset Management (“CI GAM”) announces the following regular cash distributions for the month ending August 31, 2022 in respect of the CI ETFs. In all cases, the distribution will be paid on or before August 31, 2022 to unitholders of record on August 25, 2022. The ex-dividend date for all ETFs is August 24, 2022, with the exception of CI High Interest Savings ETF, which has an ex-dividend date of August 25, 2022.

	Trading Symbol	Distribution Amount (per unit)
CI Canadian Convertible Bond ETF	CXF	$0.0400
CI Short Term Government Bond Index Class ETF	FGB	$0.0265
CI Investment Grade Bond ETF	FIG	$0.0320
	FIG.U	$0.0248 (US$)
CI Preferred Share ETF	FPR	$0.0768
CI Enhanced Short Duration Bond Fund (ETF Series)	FSB	$0.0150
	FSB.U	$0.0150 (US$)
CI Canadian REIT ETF	RIT	$0.0675
CI Global Asset Allocation Private Pool (ETF Series)	CGAA	$0.0478
CI High Interest Savings ETF	CSAV	$0.1166
CI Alternative Investment Grade Credit Fund (ETF Series)	CRED	$0.0500
	CRED.U	$0.0500 (US$)
CI Marret Alternative Absolute Return Bond Fund (ETF Series)	CMAR	$0.0500
	CMAR.U	$0.0500 (US$)
CI Marret Alternative Enhanced Yield Fund (ETF Series)	CMEY	$0.0510
	CMEY.U	$0.0510 (US$)
CI Global REIT Private Pool (ETF Series)	CGRE	$0.0860
CI Global Infrastructure Private Pool (ETF Series)	CINF	$0.0690
CI Global Real Asset Private Pool (ETF Series)	CGRA	$0.0770
CI Global High Yield Credit Private Pool (ETF Series)	CGHY	$0.0383
	CGHY.U	$0.0383 (US$)
CI Floating Rate Income Fund (ETF Series)	CFRT	$0.1125
CI DoubleLine Core Plus Fixed Income US$ Fund (ETF Series)	CCOR	$0.0288
	CCOR.B	$0.0265
	CCOR.U	$0.0288 (US$)
CI DoubleLine Income US$ Fund (ETF Series)	CINC	$0.0662
	CINC.B	$0.0612
	CINC.U	$0.0666 (US$)
CI DoubleLine Total Return Bond US$ Fund (ETF Series)	CDLB	$0.0402
	CDLB.B	$0.0373
	CDLB.U	$0.0403 (US$)
CI U.S. Treasury Inflation-linked Bond Index ETF (CAD Hedged)	CTIP	$0.2495
CI Alternative Diversified Opportunities Fund (ETF Series)	CMDO	$0.0312
	CMDO.U	$0.0312 (US$)
CI Yield Enhanced Canada Aggregate Bond Index ETF	CAGG	$0.1700
CI Yield Enhanced Canada Short-Term Aggregate Bond Index ETF	CAGS	$0.1300
CI ONE North American Core Plus Bond ETF	ONEB	$0.1330

Supporting investors’ needs

Stay in the market, minimize costs, and take advantage of a smart, simple and efficient feature designed to support investors’ needs. The CI Distribution Reinvestment Plan (DRIP) will automatically reinvest cash distributions into the CI ETF making the distribution. All of the distributions indicated in the table above will be paid in cash unless the unitholder has enrolled in the applicable DRIP of the respective ETF. For more information on how to enroll in DRIP and other considerations, please see the applicable ETF’s prospectus.

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 Global Asset Management is a subsidiary of CI Financial Corp. (TSX: CIX, NYSE: CIXX), an integrated global asset and wealth management company with $348.5 billion in total assets as of July 31, 2022.

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. 2022. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220816005172/en/

Murray Oxby

Vice-President, Corporate Communications

CI Global Asset Management

416-681-3254

moxby@ci.com

Source: CI Global Asset Management

FAQ

What are the cash distributions for CI ETFs for August 2022?

CI ETFs announced cash distributions for August 2022, including CXF at $0.0400 and CSAV at $0.1166.

When is the ex-dividend date for CI ETFs?

The ex-dividend date for most CI ETFs is August 24, 2022, with exceptions for specific ETFs.

What is the CI Distribution Reinvestment Plan (DRIP)?

The CI DRIP allows unitholders to automatically reinvest cash distributions back into the ETFs.

Who manages the CI Global Asset Management ETFs?

CI Global Asset Management manages the ETFs and is a subsidiary of CI Financial Corp.

What is the significance of the record date for CI ETFs?

The record date for CI ETFs is August 25, 2022, determining eligible unitholders for cash distributions.