CI Global Asset Management launches CI Global Investment Grade Fund

TORONTO–(COMMERCIAL WIRE)–CI Global Asset Management (“CI GAM”) today launched CI Global Investment Grade Fund (“the bottom”), a new option for investors looking for regular income and the experience of an award-winning investment team.

The Fund is a trust version of CI Global Investment Grade Class mutual funds, which has a five-star overall rating from Morningstar and was a winner of two Refinitiv Lipper Fund Awards for 2022 and one FundGrade A+ Award for 2021*. CI GAM is also introducing today the US dollar hedged series of CI’s global investment grade class.

These launches further expand CI GAM’s comprehensive selection of fixed income mandates and investment options, following previously announced launches earlier this month of the CI Global Investment Grade ETF (TSX: CGIN, CGIN.U) and CI Global Bond Currency Neutral Fund.

“CI GAM offers a comprehensive suite of actively managed fixed income solutions to meet a wide range of investor portfolio needs and risk profiles, managed by a deep and experienced team with experience in the global fixed income, currencies and derivatives,” Roy said. Ratnavel, Executive Vice President and Head of Distribution at CI GAM.

CI GAM is one of the largest fixed income investment managers in Canada with approximately $26 billion under management in this asset class.

The investment objective of CI Global Investment Grade Fund is to generate income and the potential for long-term capital appreciation by investing primarily in a diversified portfolio of investment grade fixed income securities issued by companies or governments of any size, located in any part of the world. Portfolio managers also have the flexibility to invest a portion of the portfolio in other securities, such as high-yield corporate bonds, preferred stocks, and emerging market debt.

About CI Global Asset Management

CI Global Asset Management is one of the largest investment management companies in Canada. It offers a wide range of investment products and services and is located 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 approximately $364.3 billion in assets as of October 31, 2022.

Commissions, tracking fees, administration fees and expenses may be associated with investing in mutual funds and exchange-traded funds (ETFs). Please read the prospectus carefully before investing. Important information about mutual funds and ETFs is included in their respective prospectuses. Mutual funds and ETFs are not guaranteed; their values ​​change frequently and past performance may not be repeated. You will generally pay brokerage fees to your dealer if you buy or sell units of an ETF on recognized Canadian exchanges. If units are bought or sold on these Canadian exchanges, investors may pay more than current NAV when buying ETF units and may receive less than current NAV when selling them.

* © 2022 Morningstar Research, Inc. All rights reserved. The information contained in this document: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) it is not guaranteed to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damage or loss arising from the use of this information. Past performance is not a guarantee of future results. CI Global Investment Grade Class was rated against the following numbers of Global Fixed Income funds over the following time periods: 400 funds in the last three years, 287 funds in the last five years, and 99 funds in the last 10 years. Past performance is not a guarantee of future results. Morningstar Rating is for Series F securities only; other series may have different performance characteristics.

Morningstar ratings reflect performance as of October 31, 2022 and are subject to monthly changes. Ratings are calculated from a fund’s 3-, 5-, and 10-year yields measured against 91-day Treasury bill and peer group yields. For each time period, the top 10% of funds in a category earn five stars. The overall rating is a weighted combination of the 3-, 5-, and 10-year ratings. For more detail see www.morningstar.ca.

®™2022 Morningstar and Morningstar Rating are registered trademarks of Morningstar Research Inc. All rights reserved.

CI Global Investment Grade Class received a FundGrade A+ award for 2021 in the CIFSC Global Fixed Income category. The FundGrade A+ award for the fund was calculated from January 31, 2017 to December 31, 2021. The performance of CI Global Investment Grade Class Series A for the period ending December 31, 2021 is as follows: 1 year: 0 0.4%, 3-years: 7.0%, 5 years: 4.7%, and from the beginning, 4.0% (2016-07-04).

About the FundGrade A+® Awards Methodology

FundGrade A+® is used by permission of Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize “the best of the best” among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted return, as measured by the Sharpe Ratio, Sortino Ratio and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally when calculating a monthly FundGrade. The top 10% of funds get an A rating; the next 20% of funds get a B rating; the next 40% of funds get a C rating; the next 20% of funds receive a D rating; and the bottom 10% of funds receive an E rating. To be eligible, a fund must have received a FundGrade rating for every month of the previous year. FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade “A” through “E” is scored from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or higher receives a FundGrade A+® award. For more information, see www.FundGradeAwards.com. While Fundata makes every effort to ensure the accuracy and reliability of the data contained in this document, Fundata does not guarantee its accuracy.

CI Global Investment Grade Class (Series P) received the 2022 Refinitiv Lipper Fund Awards in the Global Fixed Income category for 3 and 5 years through July 31, 2022, out of a total ranking of 65 funds (3 years) and 46 funds (5 years). The Fund’s return for the period ended October 31, 2022 was -13.3% (1 year), -0.4% (3 years), 1.7% (5 years) and 2.1% (from the beginning; 2016-07-04).

The Refinitiv Lipper Fund Awards, given annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. Refinitiv Lipper Fund awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted measure of performance calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return value in each eligible ranking wins the Refinitiv Lipper Fund award. For more information, visit lipperfundawards.com. While Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained in this document, Refinitiv Lipper does not guarantee its accuracy.

This communication is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy 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 trusted 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, with respect to any particular investment. Investors should consult their professional advisers before implementing any changes to their investment strategies. These investments may not be suitable for an investor’s circumstances.

CI Global Asset Management is a registered trade name of CI Investments Inc.

©CI Investments Inc. 2022. All rights reserved.

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