CI Global Asset Management Announces Confirmed Annual Reinvested Distributions for JFT Strategies Fund

Rhea-AI Summary

CI Global Asset Management has announced reinvested distributions for the JFT Strategies Fund. The distributions, confirmed on December 9, 2021, will be paid on or before January 14, 2022, to holders of record as of December 31, 2021. For Class A, the distribution is $1.966989 per unit, while Class F is $2.088207. These distributions will be in the form of securities issuance, with no change in the total number of outstanding securities. Details on taxable amounts will be reported to brokers and available on www.firstasset.com in early 2022.

Positive

• Confirmed reinvested distributions for JFT Strategies Fund enhance shareholder value.
• Class A and F distributions of $1.966989 and $2.088207 may attract investor interest.

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”) confirms the following reinvested distributions (the “Reinvested Distributions”) for JFT Strategies Fund (the “Fund”), previously announced on December 9, 2021, for the year ending December 31, 2021.

Reinvested Distributions

The Reinvested Distributions will be paid on or before January 14, 2022, to holders of record on December 31, 2021. The Reinvested Distributions will be paid by the issuance of securities of the Fund, and immediately thereafter, the issued and outstanding capital of the Fund will be consolidated such that the number of issued and outstanding securities of the Fund does not change.

Name	TSX Symbol	Confirmed Reinvested Distribution (per unit)
JFT Strategies Fund – Class A	JFS.UN	$1.966989
JFT Strategies Fund – Class F	n/a	$2.088207

The actual taxable amounts of all distributions for 2021, 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 2022.

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 independent company offering global asset management and wealth management advisory services with $338.1 billion in total assets as of November 30, 2021.

This communication is intended for informational purposes only. You will usually pay brokerage fees to your dealer if you purchase or sell securities of the investment fund on the TSX. If the securities are purchased or sold on the TSX, investors may pay more than the current net asset value when buying securities of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning securities of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. The CI investment fund is managed by CI Global Asset Management.

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/20220107005044/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 reinvested distributions for CI Global Asset Management's JFT Strategies Fund?

The confirmed reinvested distributions for the JFT Strategies Fund are $1.966989 for Class A and $2.088207 for Class F.

When will the reinvested distributions be paid for JFT Strategies Fund?

The reinvested distributions will be paid on or before January 14, 2022.

What is the record date for reinvested distributions for JFT Strategies Fund?

The record date for the reinvested distributions is December 31, 2021.

How will the reinvested distributions be issued for the JFT Strategies Fund?

The distributions will be paid by the issuance of securities of the Fund.

Where can I find more information about the JFT Strategies Fund distributions?

More information will be posted on www.firstasset.com in early 2022.