CI Global Asset Management Announces July 2022 Distributions for CI ETFs

Rhea-AI Summary

CI Global Asset Management has announced cash distributions for various ETFs for the month ending July 31, 2022. Payments will be made by July 29, 2022, to unitholders of record as of July 25, 2022. The ex-dividend date for these ETFs is July 22, 2022, except for the CI High Interest Savings ETF, which has an ex-dividend date of July 25, 2022. Notable distribution amounts include $0.1488 for CI High Interest Savings ETF and $0.0400 for CI Canadian Convertible Bond ETF. The CI Distribution Reinvestment Plan (DRIP) allows automatic reinvestment of cash distributions.

Positive

• Regular cash distributions across multiple ETFs, indicating consistent financial management.
• Distribution amounts include $0.1488 for CI High Interest Savings ETF, showcasing a strong yield for investors.

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 July 31, 2022 in respect of the CI ETFs. In all cases, the distribution will be paid on or before July 29, 2022 to unitholders of record on July 25, 2022. The ex-dividend date for all ETFs is July 22, 2022, with the exception of CI High Interest Savings ETF, which has an ex-dividend date of July 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	$0.0262
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	$0.0357
CI High Interest Savings ETF	CSAV	$0.1488
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	$0.0393
	CGHY.U	$0.0393 (US$)
CI Floating Rate Income Fund (ETF Series)	CFRT	$0.0441
CI DoubleLine Core Plus Fixed Income US$ Fund (ETF Series)	CCOR	$0.0245
	CCOR.B	$0.0228
	CCOR.U	$0.0244 (US$)
CI DoubleLine Income US$ Fund (ETF Series)	CINC	$0.0632
	CINC.B	$0.0591
	CINC.U	$0.0636 (US$)
CI DoubleLine Total Return Bond US$ Fund (ETF Series)	CDLB	$0.0349
	CDLB.B	$0.0328
	CDLB.U	$0.0350 (US$)
CI U.S. Treasury Inflation-linked Bond Index ETF (CAD Hedged)	CTIP	$0.1368
CI Alternative Diversified Opportunities Fund (ETF Series)	CMDO	$0.0312
	CMDO.U	$0.0312 (US$)
CI Yield Enhanced Canada Aggregate Bond Index ETF	CAGG	$0.1125
CI Yield Enhanced Canada Short-Term Aggregate Bond Index ETF	CAGS	$0.0887
CI ONE North American Core Plus Bond ETF	ONEB	$0.0978

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 $349.6 billion in total assets as of May 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/20220714005224/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 distribution amounts for CI ETFs in July 2022?

The cash distribution amounts for CI ETFs include $0.1488 for CI High Interest Savings ETF, $0.0400 for CI Canadian Convertible Bond ETF, among others.

When will the cash distributions for CI ETFs be paid?

The cash distributions will be paid on or before July 29, 2022, to unitholders of record on July 25, 2022.

What is the ex-dividend date for CI ETFs in July 2022?

The ex-dividend date for all ETFs is July 22, 2022, except for CI High Interest Savings ETF, which has an ex-dividend date of July 25, 2022.

What is the CI Distribution Reinvestment Plan (DRIP)?

The CI Distribution Reinvestment Plan (DRIP) automatically reinvests cash distributions into the CI ETF making the distribution, unless unitholders opt for cash payments.

What is CI Global Asset Management's total assets as of May 31, 2022?

As of May 31, 2022, CI Global Asset Management has total assets of $349.6 billion.