CI Global Asset Management Funds and ETFs Win 13 Refinitiv Lipper Fund Awards

Rhea-AI Summary

CI Global Asset Management has received recognition with 13 Refinitiv Canada Lipper Fund Awards for 2021, highlighting its exceptional risk-adjusted performance across various investment categories. CEO Kurt MacAlpine credited the awards to strategic enhancements made over the past year, optimizing asset management through collaboration among investment teams. Notable winners include the CI Canadian Dividend Fund and CI Global Alpha Innovators Corporate Class, marking their performance in the Canadian dividend and sector equity categories.

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• CI Global Asset Management awarded 13 Refinitiv Canada Lipper Fund Awards for strong risk-adjusted performance.
• Awards span equity, fixed-income, and thematic mandates, showcasing fund expertise.
• Strategic modernization of asset management has fostered increased collaboration and better investor outcomes.

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TORONTO--(BUSINESS WIRE)-- CI Global Asset Management (“CI GAM”) announced today that its investment funds have been recognized with 13 Refinitiv Canada Lipper Fund Awards for 2021. The awards recognize funds that have provided consistently strong risk-adjusted performance, relative to peers.

“At CI GAM, we are honoured by these accolades and I congratulate our portfolio management team on this achievement,” said Kurt MacAlpine, Chief Executive Officer of CI Financial Corp., parent company of CI GAM. “Over one year ago, as part of our strategic priority of modernizing asset management, we combined our in-house investment boutiques into one global investment platform. The changes we’ve made have led to increased collaboration and information sharing across our investment team, improving investor outcomes and contributing to this award-winning performance.

“Our Lipper Fund Awards, which span equity, fixed-income and thematic mandates, demonstrate the range and depth of talent and expertise represented by the CI Global Asset Management team.”

The 2021 Refinitiv Lipper Fund Awards for Canada were announced this morning. The winning CI GAM investment funds are:

• CI Canadian Dividend Fund, with two awards in the Canadian dividend and income equity category for three and 10-year returns.
• CI Global Alpha Innovators Corporate Class, with two awards in the sector equity category for three and five-year returns.
• CI Global Energy Corporate Class, with two awards in the energy equity category for three and five-year returns.
• CI Global Infrastructure Fund, with two awards in the global infrastructure equity category for three and five-year returns.
• CI Global Investment Grade Private Pool Class, with two awards in the global fixed income category for three and five-year returns.
• CI Morningstar International Momentum Index ETF (CAD Hedged) (TSX: ZXM), with two awards in the international equity ETF category for three and five-year returns.
• CI Preferred Share ETF (TSX: FPR), with one award for the best three-year performance in the preferred share fixed-income ETF category.

About Refinitiv Lipper Fund Awards

For more than 30 years and in over 17 countries worldwide, the highly respected Refinitiv Lipper Awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers and focused the investment world on top funds. The merit of the winners is based on entirely objective, quantitative criteria. This, coupled with the unmatched depth of fund data, results in a unique level of prestige and ensures the award has lasting value. Renowned fund data and proprietary methodology is the foundation of this prestigious award qualification, recognizing excellence in fund management. Find out more at www.lipperfundawards.com.

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 independent company offering global asset management and wealth management advisory services with approximately $331.8 billion in assets as of October 31, 2021.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund and exchange-traded fund (ETF) investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compound total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated. 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.

About the Lipper Awards Methodology

The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.

CI Canadian Dividend Fund was awarded 2021 Refinitiv Lipper Fund Awards in the Canadian dividend and income equity category for 3 years (Series P) and 10 years (Series F) ending July 31, 2021, out of a classification total of 60 funds (3 years) and 47 funds (10 years). Performance for the Fund for the period ended October 31, 2021 for Series F: 46.2% (1 year), 13.0% (3 years), 10.5% (5 years) and 11.2% (10 years) and for Series P: 47.8% (1 year), 14.3% (3 years) and 10.8% (since inception; 2017-05-01).

CI Global Alpha Innovators Corporate Class was awarded the 2021 Refinitiv Lipper Fund Awards in the sector equity category for 3 years (Series P) and 5 years (Series F) ending July 31, 2021, out of a classification total of 19 funds (3 years) and 17 funds (5 years). Performance for the Fund for the period ended October 31, 2021 for Series F: 59.3% (1 year), 42.9% (3 years), 34.0% (5 years) and 27.2% (10 years) and for Series P: 61.0% (1 year), 44.3% (3 years) and 33.2% (since inception; 2017-05-01).

CI Global Energy Corporate Class was awarded the 2021 Refinitiv Lipper Fund Awards in the energy equity category for 3 years (Series P) and 5 years (Series F) ending July 31, 2021, out of a classification total of 10 funds (3 years) and 10 funds (5 years). Performance for the Fund for the period ended October 31, 2021 for Series F: 94.8% (1 year), 2.4% (3 years), -0.3% (5 years) and 0.7% (10 years) and for Series P: 96.7% (1 year), 3.4% (3 years) and 1.2% (since inception; 2017-05-01).

CI Global Infrastructure Fund (Series P) was awarded the 2021 Refinitiv Lipper Fund Awards in the global infrastructure equity category for 3 and 5 years ending July 31, 2021, out of a classification total of 12 funds (3 years) and 12 funds (5 years). Performance for the Fund for the period ended October 31, 2021 was 18.8% (1 year), 12.6% (3 years), 9.3% (5 years) and 7.5% (since inception; 2015-03-25).

CI Global Investment Grade Private Pool Class (Series P) was awarded the 2021 Refinitiv Lipper Fund Awards in the global fixed-income category for 3 and 5 years ending July 31, 2021, out of a classification total of 53 funds (3 years) and 42 funds (5 years). Performance for the Fund for the period ended October 31, 2021 was 3.7 (1 year), 8.2% (3 years), 5.4% (5 years) and 5.3% (since inception; 2016-07-04).

CI Morningstar International Momentum Index ETF (CAD Hedged) (TSX: ZXM) was awarded the 2021 Refinitiv Lipper Fund Awards in the international equity ETF category for 3 and 5 years ending July 31, 2021, out of a classification total of 23 ETFs (3 years) and 16 ETFs (5 years). Performance for the ETF for the period ended October 31, 2021 was 33.9% (1 year), 18.5% (3 years), 14.2% (5 years) and 12.7% (since inception; 2014-11-13).

CI Preferred Share ETF (TSX: FPR) was awarded the 2021 Refinitiv Lipper Fund Award in the preferred share fixed-income ETF category for 3 years ending July 31, 2021 out of a classification total of 14 ETFs. Performance for the ETF for the period ended October 31, 2021 was 33.6% (1 year), 8.7% (3 years), 7.7% (5 years) and 8.5% (since inception; 2016-05-11).

CI Global Asset Management is a registered business name of CI Investments Inc. ©CI Investments Inc. 2021. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211117005901/en/

Murray Oxby

Vice-President, Corporate Communications

416-681-3254

moxby@ci.com

Source: CI Global Asset Management

FAQ

What are the Refinitiv Canada Lipper Fund Awards 2021?

The Refinitiv Canada Lipper Fund Awards recognize investment funds that deliver strong risk-adjusted performance relative to their peers.

How many awards did CI Global Asset Management win in 2021?

CI Global Asset Management won 13 Refinitiv Canada Lipper Fund Awards in 2021.

What is the significance of CI Global Asset Management's awards?

The awards underline the effectiveness of CI Global Asset Management's strategies in achieving superior investor outcomes.

Which funds from CI Global Asset Management received awards?

Award-winning funds include CI Canadian Dividend Fund, CI Global Alpha Innovators Corporate Class, and CI Global Energy Corporate Class, among others.

What is the stock symbol for CI Financial Corp?

The stock symbol for CI Financial Corp is CIXX.