Mr. Murray Oxby reports

CI GLOBAL ASSET MANAGEMENT ANNOUNCES RISK RATING CHANGES FOR 13 FUNDS

CI Financial Corp.'s CI Global Asset Management has made risk-rating changes for certain mutual funds (see an attached table).

The risk-rating changes are effective immediately and are based on the risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds. CI GAM reviews the risk rating for each of the funds it manages at least on an annual basis, as well as when a fund undergoes a material change. These changes are not the result of any changes to the investment objectives, strategies or management of the funds.