CI Global Asset Management Announces January 2023 Distributions for CI ETFs

Rhea-AI Summary

CI Global Asset Management has announced cash distributions for various exchange-traded funds (ETFs) for the month ending January 31, 2023. Unitholders of record as of January 25, 2023, will receive these distributions, with an ex-dividend date of January 24, 2023 (or January 25 for the CI High Interest Savings ETF). Distribution amounts vary among funds, with the CI Yield Enhanced Canada Aggregate Bond Index ETF (CAGG) distributing $0.0718 per unit and CI High Interest Savings ETF (CSAV) distributing $0.2071 per unit. The distribution will be paid in cash unless enrolled in the Distribution Reinvestment Plan (DRIP).

Positive

• Regular cash distributions for CI ETFs indicate stable financial management.
• CI High Interest Savings ETF offers a competitive distribution of $0.2071 per unit.

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 January 31, 2023 in respect of the CI ETFs. In all cases, the distribution will be paid on or before January 31, 2023 to unitholders of record on January 25, 2023. The ex-dividend date for all ETFs is January 24, 2023, with the exception of CI High Interest Savings ETF, which has an ex-dividend date of January 25, 2023.

	Trading Symbol		Distribution Amount (per unit)
CI Yield Enhanced Canada Aggregate Bond Index ETF		CAGG	$0.0718
CI Yield Enhanced Canada Short-Term Aggregate Bond Index ETF		CAGS	$0.0678
CI DoubleLine Core Plus Fixed Income US$ Fund (ETF Series)		CCOR	$0.0307
		CCOR.B	$0.0299
		CCOR.U	US$0.0317
CI DoubleLine Total Return Bond US$ Fund (ETF Series)		CDLB	$0.0373
		CDLB.B	$0.0368
		CDLB.U	US$0.0377
CI Floating Rate Income Fund (ETF Series)		CFRT	$0.0747
CI Global Asset Allocation Private Pool (ETF Series)		CGAA	$0.0258
CI Global Bond Currency Neutral Fund (ETF Series)		CGBN	$0.0371
CI Global High Yield Credit Private Pool (ETF Series)		CGHY	$0.0315
		CGHY.U	US$0.0316
CI Global Investment Grade ETF		CGIN	$0.0540
		CGIN.U	US$0.0540
CI Global Real Asset Private Pool (ETF Series)		CGRA	$0.0770
CI Global Green Bond Fund (ETF Series)		CGRB	$0.0216
		CGRB.U	US$0.0211
CI Global REIT Private Pool (ETF Series)		CGRE	$0.0860
CI Global Sustainable Infrastructure Fund (ETF Series)		CGRN	$0.0500
		CGRN.U	US$0.0500
CI DoubleLine Income US$ Fund (ETF Series)		CINC	$0.0757
		CINC.B	$0.0730
		CINC.U	US$0.0754
CI Global Infrastructure Private Pool (ETF Series)		CINF	$0.0690
CI Marret Alternative Absolute Return Bond Fund (ETF Series)		CMAR	$0.0670
		CMAR.U	US$0.0670
CI Alternative Diversified Opportunities Fund (ETF Series)		CMDO	$0.0640
		CMDO.U	US$0.0640
CI Marret Alternative Enhanced Yield Fund (ETF Series)		CMEY	$0.0720
		CMEY.U	US$0.0720
CI Alternative Investment Grade Credit Fund (ETF Series)		CRED	$0.0500
		CRED.U	US$0.0500
CI High Interest Savings ETF		CSAV	$0.2071
CI U.S. Treasury Inflation-linked Bond Index ETF (CAD Hedged)		CTIP	$0.0392
CI Canadian Convertible Bond ETF		CXF	$0.0400
CI Short Term Government Bond Index Class ETF		FGB	$0.0304
CI Investment Grade Bond ETF		FIG	$0.0320
		FIG.U	US$0.0248
CI Preferred Share ETF		FPR	$0.0768
CI Enhanced Short Duration Bond Fund (ETF Series)		FSB	$0.0320
		FSB.U	US$0.0320
CI ONE North American Core Plus Bond ETF		ONEB	$0.1168
CI Canadian REIT ETF		RIT	$0.0675

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 $384.9 billion in total assets as of November 30, 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.

Marret Asset Management Inc., DoubleLine Capital LP, are portfolio sub-advisors to certain funds offered and managed by CI Global Asset Management.

CI Global Asset Management is a registered business name of CI Investments Inc.

©CI Investments Inc. 2023. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230116005041/en/

Murray Oxby

Vice-President, Corporate Communications

CI Global Asset Management

416-681-3254

moxby@ci.com

Source: CI Global Asset Management

FAQ

What is the ex-dividend date for CI ETFs?

The ex-dividend date for most CI ETFs is January 24, 2023, except for CI High Interest Savings ETF, which is January 25, 2023.

What is the cash distribution amount for CAGG?

The cash distribution amount for CI Yield Enhanced Canada Aggregate Bond Index ETF (CAGG) is $0.0718 per unit.

What is the cash distribution for CI High Interest Savings ETF (CSAV)?

The cash distribution for CI High Interest Savings ETF (CSAV) is $0.2071 per unit.

When will the distributions for CI ETFs be paid?

The distributions will be paid on or before January 31, 2023, to unitholders of record on January 25, 2023.

How can investors reinvest cash distributions for CI ETFs?

Investors can reinvest cash distributions through the CI Distribution Reinvestment Plan (DRIP).