CI Global Asset Management Announces Confirmed Annual Reinvested Capital Gains Distributions for CI ETFs

NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

TORONTO--()--CI Global Asset Management (“CI GAM”) announces the confirmed annual reinvested capital gains distributions (the “Reinvested Distributions”) for the 2020 tax year for the CI ETFs listed below.

Each of the CI ETFs is required to distribute net income and capital gains earned during the year. The Reinvested Distributions will generally consist of capital gains and/or any excess net income at year end. Other than in respect of CI First Asset High Interest Savings ETF, the 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. Investors holding units outside registered plans will have taxable amounts to report and will have an increase in the adjusted cost base of their investment. In all cases, other than CI First Asset High Interest Savings ETF, these distributions will be reinvested on or about December 31, 2020 to unitholders of record on December 30, 2020. With respect to CI First Asset High Interest Savings ETF, the Reinvested Distribution will distribute interest accrued between December 23, 2020 and December 31, 2020 and will be paid in cash on or about January 7, 2021 to unitholders of record on December 31, 2020. The ex-dividend date in each case is December 29, 2020, with the exception of CI First Asset High Interest Savings ETF which has an ex-dividend date of December 31, 2020.

These confirmed amounts are for the Reinvested Distributions only and replace the previous estimates announced on December 7, 2020. The actual taxable amounts of all distributions for 2020, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or “CDS”) and will be posted on www.firstasset.com in early 2021.

Fund Name

 

Trading Symbol

Confirmed

Capital Gain
Distributions
per Fund Unit

CI First Asset Morningstar Canada Momentum Index ETF

WXM

$0.012

CI First Asset Morningstar National Bank Québec Index ETF

QXM

$0.018

CI First Asset Morningstar International Momentum Index ETF

ZXM

$0.000

ZXM.B

$0.003

CI First Asset Morningstar US Dividend Target 50 Index ETF

UXM

$0.039

UXM.B

$0.043

CI First Asset MSCI Europe Low Risk Weighted ETF

 

RWE

$0.000

RWE.B

$0.000

CI First Asset MSCI USA Low Risk Weighted ETF

 

RWU

$0.042

RWU.B

$0.050

CI First Asset MSCI World Low Risk Weighted ETF

 

RWW

$0.874

RWW.B

$0.000

CI First Asset European Bank ETF

FHB

$0.000

CI First Asset Preferred Share ETF

FPR

$0.000

CI First Asset MSCI International Low Risk Weighted ETF

RWX

$0.154

RWX.B

$2.338

CI First Asset Morningstar US Momentum Index ETF

YXM

$0.033

YXM.B

$0.044

CI First Asset Enhanced Government Bond ETF

FGO

$0.164

FGO.U

$0.000 (US$)

CI First Asset U.S. Buyback Index ETF

FBU

$0.079

CI First Asset Global Financial Sector ETF

FSF

$0.000

CI Global Asset Allocation Private Pool (ETF Series)

CGAA

$0.624

CI First Asset Morningstar Canada Dividend Target 30 Index ETF

DXM

$0.000

CI First Asset Long Duration Fixed Income ETF

FLB

$0.672

CI First Asset High Interest Savings ETF

CSAV

$0.000

CI First Asset Morningstar Canada Value Index ETF

FXM

$0.007

CI First Asset MSCI Canada Low Risk Weighted ETF

RWC

$0.000

CI First Asset U.S. TrendLeaders Index ETF

SID

$1.718

CI First Asset Energy Giants Covered Call ETF

NXF

$0.000

NXF.B

$0.000

CI First Asset Health Care Giants Covered Call ETF

FHI

$0.000

FHI.B

$0.000

CI First Asset Tech Giants Covered Call ETF

 

TXF

$0.000

TXF.B

$0.000

CI First Asset 1-5 Year Laddered Government Strip Bond Index ETF

BXF

$0.000

CI First Asset Active Canadian Dividend ETF

FDV

$0.425

CI First Asset Canadian Convertible Bond ETF

CXF

$0.018

CI First Asset U.S. & Canada Lifeco Income ETF

FLI

$0.000

CI First Asset Active Utility & Infrastructure ETF

FAI

$0.240

CI First Asset Active Credit ETF

 

FAO

$0.000

FAO.U

$0.000 (US$)

CI First Asset Canadian Buyback Index ETF

FBE

$0.000

CI First Asset Investment Grade Bond ETF

FIG

$0.000

FIG.U

$0.000 (US$)

CI First Asset Enhanced Short Duration Bond Fund (ETF Series)

 

FSB

$0.030

FSB.U

$0.031 (US$)

CI First Asset Gold+ Giants Covered Call ETF

CGXF

$0.000

CI First Asset Canadian REIT ETF

RIT

$0.000

CI First Asset Morningstar International Value Index ETF

 

VXM

$0.000

VXM.B

$0.000

CI First Asset Morningstar US Value Index ETF

 

XXM

$0.040

XXM.B

$0.051

CI First Asset MSCI World ESG Impact ETF

CESG

$1.949

CESG.B

$1.474

CI Lawrence Park Alternative Investment Grade Credit ETF

CRED

$0.000

CRED.U

$0.000 (US$)

CI Marret Alternative Absolute Return Bond ETF

CMAR

$0.228

CMAR.U

$0.000 (US$)

CI Munro Alternative Global Growth ETF

CMAG

$0.000

CI Marret Alternative Enhanced Yield Fund (ETF Series)

CMEY

$0.000

CMEY.U

$0.000 (US$)

CI Global REIT Private Pool (ETF Series)

CGRE

$0.000

CI Global Infrastructure Private Pool (ETF Series)

CINF

$0.000

CI Global Real Asset Private Pool (ETF Series)

CGRA

$0.000

CI DoubleLine Core Plus Fixed Income US$ Fund (ETF Series)

CCOR

$0.000

CCOR.B

$0.000

CCOR.U

$0.000 (US$)

CI DoubleLine Income US$ Fund (ETF Series)

CINC

$0.267

CINC.B

$0.244

CINC.U

$0.342 (US$)

CI DoubleLine Total Return Bond US$ Fund (ETF Series)

CDLB

$0.126

CDLB.B

$0.115

CDLB.U

$0.161 (US$)

CI Global Longevity Economy Fund (ETF Series)

LONG

$0.245

CORPORATE CLASS ETFs

 

 

 

CI First Asset CanBanc Income Class ETF

CIC

$0.000

CI First Asset Core Canadian Equity Income Class ETF

CSY

$0.000

CI First Asset Short Term Government Bond Index Class ETF

FGB

$0.000

CI First Asset MSCI Canada Quality Index Class ETF

FQC

$0.000

About CI Global Asset Management

CI Global Asset Management 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, NYSE: CIXX), an independent company offering global asset management and wealth management advisory services with $215.6 billion in total assets as of November 30, 2020.

This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase exchange-traded funds (ETFs) 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. 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. Some conditions apply.

Commissions, management fees and expenses all may be associated with an investment in ETFs. 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. Please read the prospectus before investing. Important information about an exchange-traded fund (ETF) is contained in its prospectus. ETFs are not guaranteed; their values change frequently and past performance may not be repeated.

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

©CI Investments Inc. 2020. All rights reserved.

Contacts

For further information:
CI Global Asset Management
416-642-1289
1‐877‐642‐1289
www.firstasset.com

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

Contacts

For further information:
CI Global Asset Management
416-642-1289
1‐877‐642‐1289
www.firstasset.com

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