Mr. Murray Oxby reports

CI INVESTMENTS ANNOUNCES PORTFOLIO MANAGEMENT CHANGES

CI Financial Corp.'s CI Investments Inc. has made portfolio management changes affecting a number of funds.

Cambridge Global Asset Management, a division of CI Investments, has been named portfolio adviser to U.S. Equity Alpha Corporate Class and to a portion of the following multimanager funds: Select U.S. Equity Managed Corporate Class, Select U.S. Equity Managed Fund, Select International Equity Managed Corporate Class and Select International Equity Managed Fund. The award-winning Cambridge team oversees in excess of $20-billion in a diverse lineup of mandates, including U.S. and international equity funds, and has achieved strong results for investors since its founding in 2008. Cambridge's 15-person investment team operates from offices in Toronto and Boston.

U.S. Equity Alpha Corporate Class is part of the Evolution Private Managed Accounts and other managed solutions offered by CI Investments through advisers with Assante Wealth Management and Stonegate Private Counsel. The Select mandates are multimanager pools in CI Investments' award-winning Portfolio Select Series program. The changes to the U.S. funds are effective on or about June 15, 2017, and the changes to the Select International Equity Managed funds are effective on or about April 15, 2017.

Cambridge is replacing Tetrem Capital Management as portfolio adviser to U.S. Equity Alpha Corporate Class and portions of Select U.S. Equity Managed Corporate Class and Select U.S. Equity Managed Fund. Tetrem continues to manage a number of mandates for CI Investments, including CI Canadian Investment Fund and CI Canadian Investment Corporate Class.

In addition, as part of CI Investments' efforts to streamline its fund lineup, Altrinsic Global Advisors has been named portfolio subadviser to Signature International Fund and Signature International Corporate Class, and the funds will be renamed CI International Fund and CI International Corporate Class, respectively. These changes will be effective on or about April 15, 2017. Altrinsic is a $10-billion investment boutique specializing in global equity investing, and is also subadviser to CI International Value Fund, an international equity fund.