20:16:54 EDT Thu 31 Oct 2024
Enter Symbol
or Name
USA
CA



CI Financial Corp
Symbol CIX
Shares Issued 162,784,729
Close 2023-11-08 C$ 13.64
Market Cap C$ 2,220,383,704
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CI Financial rolls out CI Emerging Markets series

2023-11-08 12:19 ET - News Release


Company Website: https://www.cifinancial.com/ci-gam/ca/en/index.html
TORONTO -- (Business Wire)

CI Global Asset Management(“CI GAM”) today announced the launch of new series of CI Emerging Markets Bond Fund (the “Fund”), providing individual investors with expanded access to this distinct asset class.

The Fund is now available in Series A, F and P, having previously been offered only in Series I, which is available to institutional investors.

“For fixed-income investors, an allocation to emerging markets offers increased portfolio diversification and the potential for higher yields and returns,” said Jennifer Sinopoli, Executive Vice-President and Head of Distribution for CI GAM.

“The Fund provides access to a diverse range of sovereign, quasi-sovereign and corporate issuers from emerging markets whose returns are often uncorrelated with those of developed markets. Investors can also rely on the expertise of the CI GAM team, which manages the risks of emerging markets through macroeconomic analysis and individual security research and selection.”

CI GAM is one of Canada’s largest fixed-income investment managers, with approximately $23.8 billion (as at September 30, 2023) in fixed-income assets under management across a broad range of asset classes and fund mandates.

The Fund’s investment objective is to obtain long-term total returns through interest income and capital gains by primarily investing in debt securities issued by governments, quasi-sovereign entities and corporations in emerging market countries, or that provide exposure to emerging markets. The Fund may also invest in government and corporate debt securities of developed countries.

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 $421.0 billion in assets as at September 30, 2023.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.

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.

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

©CI Investments Inc. 2023. All rights reserved.

Contacts:

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

Source: CI Global Asset Management

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