CI Global Asset Management Announces October 2022 Distributions for CI ETFs

Rhea-AI Summary

CI Global Asset Management (CI GAM) announces regular cash distributions for various CI ETFs for October 2022. Distributions will be paid by October 31, 2022, to unitholders of record on October 25, 2022. Notably, CI Canadian Convertible Bond ETF (CXF) will distribute $0.0400, while CI High Interest Savings ETF (CSAV) will provide the highest at $0.1560 per unit. The ex-dividend date varies, with most ETFs on October 24. CI GAM promotes its Distribution Reinvestment Plan (DRIP) to support investor needs.

Positive

• CI GAM announced substantial distributions across multiple ETFs for October 2022.
• CI High Interest Savings ETF (CSAV) offers the highest distribution of $0.1560 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 October 31, 2022 in respect of the CI ETFs. In all cases, the distribution will be paid on or before October 31, 2022 to unitholders of record on October 25, 2022. The ex-dividend date for all ETFs is October 24, 2022, with the exception of CI High Interest Savings ETF, which has an ex-dividend date of October 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	$0.0258
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	$0.0441
CI High Interest Savings ETF	CSAV	$0.1560
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	$0.0402
	CGHY.U	$0.0402 (US$)
CI Floating Rate Income Fund (ETF Series)	CFRT	$0.0608
CI DoubleLine Core Plus Fixed Income US$ Fund (ETF Series)	CCOR	$0.0330
	CCOR.B	$0.0324
	CCOR.U	$0.0330 (US$)
CI DoubleLine Income US$ Fund (ETF Series)	CINC	$0.0841
	CINC.B	$0.0829
	CINC.U	$0.0846 (US$)
CI DoubleLine Total Return Bond US$ Fund (ETF Series)	CDLB	$0.0439
	CDLB.B	$0.0434
	CDLB.U	$0.0440 (US$)
CI Global Green Bond Fund (ETF Series)	CGRB	$0.0000 Note 1
	CGRB.U	$0.0000 (US$) Note 1
CI Global Sustainable Infrastructure Fund (ETF Series)	CGRN	$0.0500 Note 1
	CGRN.U	$0.0500 (US$) Note 1
CI U.S. Treasury Inflation-linked Bond Index ETF (CAD Hedged)	CTIP	$0.0000
CI Alternative Diversified Opportunities Fund (ETF Series)	CMDO	$0.0312
	CMDO.U	$0.0312 (US$)
CI Yield Enhanced Canada Aggregate Bond Index ETF	CAGG	$0.2755
CI Yield Enhanced Canada Short-Term Aggregate Bond Index ETF	CAGS	$0.2261
CI ONE North American Core Plus Bond ETF	ONEB	$0.1650

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 $345.9 billion in total assets as of August 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.

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. 2022. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221014005067/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 October 2022?

CI GAM announced cash distributions for various ETFs, with amounts ranging from $0.0000 to $0.1560 per unit, payable by October 31, 2022.

When is the ex-dividend date for CI ETFs in October 2022?

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

What is the highest distribution amount among CI ETFs for October 2022?

The CI High Interest Savings ETF (CSAV) offers the highest distribution at $0.1560 per unit for October 2022.

What is the purpose of the Distribution Reinvestment Plan (DRIP) offered by CI GAM?

The DRIP allows unitholders to automatically reinvest cash distributions into the CI ETF, providing a way to maximize investment returns.