CI Global Asset Management Announces Estimated Reinvested Distributions in Connection with Fund Mergers

CI Global Asset Management Announces Estimated Reinvested Distributions in Connection with Fund Mergers

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TORONTO — CI Global Asset Management (“CI GAM”) announces the following estimated reinvested distributions (the “Estimated Reinvested Distributions”) in respect of the upcoming mergers of the ETFs and ETF Series of mutual funds listed in the table below. The mergers, which will take place on or about April 5, 2024, were first announced in December 2023 and approved at securityholder meetings earlier this month. In all cases, these Estimated Reinvested Distributions will be reinvested on or about April 5, 2024 to unitholders of record on April 4, 2024.

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The Estimated Reinvested Distributions will not be paid in cash but will be reinvested and the resulting units immediately consolidated, so that the number of units held by each investor will not change.

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Name

Ticker

Estimated Reinvested
Distribution Amount (to be
reinvested and consolidated)

CI DoubleLine Core Plus Fixed Income US$ Fund

CCOR

0.05128

CCOR.B

0.05020

CCOR.U

0.05271

CI DoubleLine Income US$ Fund

CINC

0.07655

CINC.B

0.07400

CINC.U

0.07678

CI DoubleLine Total Return Bond US$ Fund

CDLB

0.00000

CDLB.B

0.00000

CDLB.U

0.00000

CI Morningstar US Momentum Index ETF

YXM

1.07172

YXM.B

1.04652

CI Morningstar US Value Index ETF

XXM

0.05575

XXM.B

0.04559

CI MSCI Canada Quality Index Class ETF

FQC

0.00000

CI U.S. Enhanced Momentum Index ETF

CMOM

0.00139

CMOM.B

0.02475

CI U.S. Enhanced Value Index ETF

CVLU

0.00000

CVLU.B

0.00000

CI U.S. TrendLeaders Index ETF

SID

0.00000

CI WisdomTree Canada Quality Dividend Growth Index ETF

DGRC

0.00000

CI WisdomTree International Quality Dividend Growth Index ETF

IQD

0.05542

IQD.B

0.01361

CI WisdomTree International Quality Dividend Growth Variably Hedged Index ETF

DQI

0.14421

CI WisdomTree U.S. Quality Dividend Growth Index ETF

DGR

0.42552

DGR.B

0.21309

CI WisdomTree U.S. Quality Dividend Growth Variably Hedged Index ETF

DQD

0.05809

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About CI Global Asset Management

CI Global Asset Management (“CI GAM”) 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 GAM is a subsidiary of CI Financial Corp. (TSX: CIX), an integrated global asset and wealth management company with approximately $465.9 billion in assets as at February 29, 2024.

Commissions, trailing commissions, management fees and expenses all may be associated with an investment in mutual funds and exchange-traded funds (ETFs). Please read the prospectus before investing. Important information about mutual funds and ETFs is contained in their respective prospectus. 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.

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This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase mutual funds 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. Every effort has been made to ensure that the material contained in this document is accurate at the time of publication. 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.

Certain statements in this document are forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or “estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are by their nature based on numerous assumptions. Although the FLS contained herein are based upon what CI Global Asset Management believes to be reasonable assumptions, CI Global Asset Management cannot assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.

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The CI Exchange-Traded Funds (ETFs) are managed by CI Global Asset Management, a wholly owned subsidiary of CI Financial Corp. (TSX: CIX).

Morningstar® is a registered trademark of Morningstar, Inc. (“Morningstar”). Morningstar® US Target Momentum Index™ and Morningstar® US Target Value Index™ (the “Indexes”) are service marks of Morningstar and have been licensed for use for certain purposes by CI Global Asset Management (“CI GAM”). The securities of CI Morningstar US Momentum Index ETF and CI Morningstar US Value Index ETF (the “ETFs”) are not in any way sponsored, endorsed, sold or promoted by Morningstar or any of its affiliates (collectively, ‘‘Morningstar’’), and Morningstar makes no representation or warranty, express or implied regarding the advisability of investing in securities generally or in the ETFs particularly or the ability of the Indexes to track general market performance.

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Alerian, VettaFi, and VettaFi US Enhanced Momentum Index, VettaFi US Enhanced Momentum Index (CAD Hedged), VettaFi US Enhanced Value Index and VettaFi US Enhanced Value Index (CAD Hedged) (the “Indexes”) are service marks of VettaFi LLC (“VettaFi”) and have been licensed for use by CI Global Asset Management. CI U.S. Enhanced Value Index ETF and CI U.S. Enhanced Momentum Index ETF (the “ETFs”) are not issued, sponsored, endorsed, sold or promoted by VettaFi or its affiliates. VettaFi makes no representation or warranty, express or implied, to the purchasers or owners of the ETFs or any member of the public regarding the advisability of investing in securities generally or in the ETFs particularly or the ability of the Indexes to track general market performance. VettaFi’s only relationship to the ETFs is the licensing of the service marks and the Indexes, which is determined, composed and calculated by VettaFi without regard to CI Global Asset Management or the ETFs. VettaFi is not responsible for and has not participated in the determination of the timing of, prices at, or quantities of the ETFs issued by CI Global Asset Management. VettaFi has no obligation or liability in connection with the issuance, administration, marketing or trading of the ETFs.

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MSCI is a trademark of MSCI Inc. The MSCI Canada Quality Index has been licensed for use for certain purposes by CI Global Asset Management (“CI GAM”) in connection with the CI MSCI Canada Quality Index Class ETF (the “ETF”). The ETF and the securities referred to herein are not sponsored, endorsed or promoted by MSCI Inc. or any of its affiliates (collectively, “MSCI”) and MSCI bears no liability with respect to any such fund or securities or any index on which such fund or securities are based. The ETF’s prospectus contains a more detailed description of the limited relationship MSCI has with CI GAM and any related funds.

Certain trademarks of Canadian Imperial Bank of Commerce and/or certain of its affiliates (collectively “CIBC”) have been licensed by CI Global Asset Management for use in connection with CI U.S. TrendLeaders Index ETF (the “ETF”). The securities of the ETF are not sponsored, promoted, sold or supported in any other manner by CIBC or by the index calculation agent, Solactive A.G. (“Solactive”), nor do CIBC or Solactive offer any express or implicit guarantee or assurance either with regard to the results of using the indexes on which the ETF is based, or the index prices at any time or in any other respect. The ETF’s prospectus contains a more detailed description of the limited relationship CIBC and Solactive have with CI GAM and the ETF.

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CI Global Asset Management is licensed by WisdomTree, Inc. to use certain WisdomTree indexes (the “WisdomTree Indexes”) and WisdomTree marks. WisdomTree®” and “Variably Hedged®” are registered trademarks of WisdomTree, Inc. and WisdomTree, Inc. has patent applications pending on the methodology and operation of its indexes. The ETFs referring to such indexes (the “WT Licensee Products”) are not sponsored, endorsed, sold, or promoted by WisdomTree, Inc., or its affiliates (“WisdomTree”). WisdomTree makes no representation or warranty, express or implied, and shall have no liability regarding the advisability, legality (including the accuracy or adequacy of descriptions and disclosures relating to the WT Licensee Products) or suitability of investing in or purchasing securities or other financial instruments or products generally, or of the WT Licensee Products in particular (including, without limitation, the failure of the WT Licensee Products to achieve their investment objectives) or regarding use of such indexes or any data included therein.

DoubleLine Capital LP is a portfolio sub-advisor 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. 2024. All rights reserved.

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Contacts

Murray Oxby
Vice-President, Corporate Communications
416-681-3254
moxby@ci.com

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