CI Global Asset Management Announces ETF Name Changes and Risk Rating Changes
CI Global Asset Management announced significant updates to its ETF lineup, including renaming 35 ETFs to align with the CI brand. This change aims to strengthen brand identity following the growth of its ETF business to $12.5 billion in assets as of March 31, 2021. The enhancements reflect CI GAM's commitment to modernizing its offerings, which now include innovative options like bitcoin and Ethereum ETFs.
- CI GAM grew its ETF business to $12.5 billion in assets.
- Renaming 35 ETFs to align with the CI brand aims to strengthen brand identity.
- The ETF lineup includes innovative products such as bitcoin and Ethereum ETFs.
- None.
CI Global Asset Management (“CI GAM”) today announced a series of changes to its ETF lineup, including risk rating changes and name changes. CI GAM also announced a risk rating change for CI Global Infrastructure Private Pool.
In the name changes, which affect 35 ETFs, “CI First Asset” will be replaced with “CI” only, removing the legacy First Asset name from the lineup.
“This change fully aligns our ETFs with the CI GAM brand, which represents the strength and expertise of a major asset manager,” said Roy Ratnavel, Executive Vice-President and Head of Distribution for CI GAM.
“We have grown our ETF business to
Name changes
The following name changes will be effective April 22, 2021 and the ETF tickers will be unchanged:
Current Name |
New Name |
Ticker Symbol |
CI First Asset 1-5 Year Laddered Government Strip Bond Index ETF |
CI 1-5 Year Laddered Government Strip Bond Index ETF |
BXF |
CI First Asset Active Canadian Dividend ETF |
CI Active Canadian Dividend ETF |
FDV |
CI First Asset Active Credit ETF |
CI Active Credit ETF |
FAO, FAO.U |
CI First Asset Active Utility & Infrastructure ETF |
CI Active Utility & Infrastructure ETF |
FAI |
CI First Asset Canadian Convertible Bond ETF |
CI Canadian Convertible Bond ETF |
CXF |
CI First Asset Canadian REIT ETF |
CI Canadian REIT ETF |
RIT |
CI First Asset Energy Giants Covered Call ETF |
CI Energy Giants Covered Call ETF |
NXF, NXF.B |
CI First Asset Enhanced Government Bond ETF |
CI Enhanced Government Bond ETF |
FGO, FGO.U |
CI First Asset Enhanced Short Duration Bond Fund |
CI Enhanced Short Duration Bond Fund* |
FSB, FSB.U |
CI First Asset Global Financial Sector ETF |
CI Global Financial Sector ETF |
FSF |
CI First Asset Gold+ Giants Covered Call ETF |
CI Gold+ Giants Covered Call ETF |
CGXF |
CI First Asset Health Care Giants Covered Call ETF |
CI Health Care Giants Covered Call ETF |
FHI, FHI.B |
CI First Asset High Interest Savings ETF |
CI High Interest Savings ETF |
CSAV |
CI First Asset Investment Grade Bond ETF |
CI Investment Grade Bond ETF |
FIG, FIG.U |
CI First Asset Morningstar Canada Momentum Index ETF |
CI Morningstar Canada Momentum Index ETF |
WXM |
CI First Asset Morningstar Canada Value Index ETF |
CI Morningstar Canada Value Index ETF |
FXM |
CI First Asset Morningstar International Momentum Index ETF |
CI Morningstar International Momentum Index ETF |
ZXM, ZXM.B |
CI First Asset Morningstar International Value Index ETF |
CI Morningstar International Value Index ETF |
VXM, VXM.B |
CI First Asset Morningstar National Bank Québec Index ETF |
CI Morningstar National Bank Québec Index ETF |
QXM |
CI First Asset Morningstar US Momentum Index ETF |
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