CI Global Asset Management Announces May 2022 Distributions for CI ETFs

Rhea-AI Summary

CI Global Asset Management announced regular cash distributions for its ETFs for May 2022. Payments will occur on or before May 31, 2022, to unitholders recorded on May 25, 2022. The ex-dividend date is set for May 24, 2022, except for the CI High Interest Savings ETF, which has an ex-dividend date of May 25, 2022. Notable distributions include: CXF at $0.0400, FGB at $0.0263, and FPR at $0.0768. CI also promotes its Distribution Reinvestment Plan (DRIP) for reinvesting cash distributions.

Positive

• Regular cash distributions announced for multiple ETFs.
• Various ETFs with competitive distribution amounts enhance investor returns.
• DRIP option allows automatic reinvestment of 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 May 31, 2022 in respect of the CI ETFs. In all cases, the distribution will be paid on or before May 31, 2022 to unitholders of record on May 25, 2022. The ex-dividend date for all ETFs is May 24, 2022, with the exception of CI High Interest Savings ETF, which has an ex-dividend date of May 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	$0.0263
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	$ 0.0350
CI High Interest Savings ETF	CSAV	$ 0.0312
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	$ 0.0250
	CGHY.U	$0.0310 (US$)
CI Floating Rate Income Fund (ETF Series)	CFRT	$0.0099 Note 1
CI DoubleLine Core Plus Fixed Income US$ Fund (ETF Series)	CCOR	$ 0.0368
	CCOR.B	$ 0.0344
	CCOR.U	$0.0369 (US$)
CI DoubleLine Income US$ Fund (ETF Series)	CINC	$ 0.1009
	CINC.B	$ 0.0940
	CINC.U	$0.1013 (US$)
CI DoubleLine Total Return Bond US$ Fund (ETF Series)	CDLB	$ 0.0516
	CDLB.B	$ 0.0481
	CDLB.U	$0.0517 (US$)
CI U.S. Treasury Inflation-linked Bond Index ETF (CAD Hedged)	CTIP	$ 0.1530
CI Alternative Diversified Opportunities Fund (ETF Series)	CMDO	$ 0.0312
	CMDO.U	$0.0312 (US$)
CI Yield Enhanced Canada Aggregate Bond Index ETF	CAGG	$ 0.1015
CI Yield Enhanced Canada Short-Term Aggregate Bond Index ETF	CAGS	$ 0.0753
CI ONE North American Core Plus Bond ETF	ONEB	$ 0.0781

Note 1 – This is the initial cash monthly distribution for the Fund.

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 $361.0 billion in total assets as of March 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/20220513005040/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 Global Asset Management ETFs in May 2022?

CI Global Asset Management has announced various cash distributions for May 2022, with amounts varying by ETF, including $0.0400 for CXF and $0.0768 for FPR.

What is the ex-dividend date for CI ETFs?

The ex-dividend date for most CI ETFs is May 24, 2022, except for the CI High Interest Savings ETF, which is May 25, 2022.

How can I participate in the DRIP for CI ETFs?

Investors can enroll in the Distribution Reinvestment Plan (DRIP) to automatically reinvest cash distributions into the respective CI ETF.

When will the distributions for CI ETFs be paid?

The distributions for CI ETFs will be paid on or before May 31, 2022.

What is the total asset value of CI Financial Corp. as of March 2022?

CI Financial Corp. has total assets of $361.0 billion as of March 31, 2022.