Forge First Asset Management Launches ETF Series and USD Hedged Series of its Alternative Strategies

TORONTO--(BUSINESS WIRE)--Forge First Asset Management Inc. (“Forge First”), a wholly owned subsidiary of CI Global Asset Management (“CI GAM”), announces the launch of ETF series and U.S. dollar hedged series of its liquid alternative funds, providing investors with expanded access to these strategies focused on balancing capital preservation with long-term growth.

The ETF Series of the funds have now closed their initial offering of units and begin trading today on the Toronto Stock Exchange (“TSX”), as follows:

• CI Forge First Conservative Alternative Fund is trading under the tickers CCAF (ETF C$ Series) and CCAF.U (ETF US$ Hedged Series).

• CI Forge First Long Short Alternative Fund is trading under the tickers CLSF (ETF C$ Series) and CLSF.U (ETF US$ Hedged Series).

Both funds are also now available in U.S. dollar Hedged Series AH, FH, IH and PH, in addition to Series A, F, I and P.

Why invest with Forge First

“The Forge First funds offer proven expertise in using a broad range of alternative strategies and asset classes to provide investors with downside protection,” said Jennifer Sinopoli, Executive Vice-President and Chief Distribution Officer for Forge First and its parent company, CI GAM. “These strategies are married with fundamental research and a disciplined approach to security selection. The result is a focus on consistent, risk-adjusted returns with a low correlation to traditional asset classes.

“Today’s launch also expands the selection of alternative ETF mandates at CI GAM and further diversifies our overall ETF lineup, one of the most diverse in Canada with 128 ETFs and $39 billion in assets under management.”

About the funds

CI Forge First Conservative Alternative Fund has a risk rating of Low. Its investment objective is to generate consistent risk-adjusted net returns over the long term with low correlation to North American equity and credit markets. The fund uses alternative investment strategies, such as equity long/short, pairs trading, arbitrage trading, thematic trading, the use of derivatives for leverage and/or borrowing for investment purposes and seeks to achieve its objectives by investing primarily in equities, ETFs, fixed income and listed options in North American markets.

CI Forge First Long Short Alternative Fund has a risk rating of Low-to-Medium. Its investment objective is to provide a positive net total return, regardless of market conditions or general market direction, with low correlation to North American equity and credit markets. The fund uses alternative investment strategies, such as equity long/short, pairs trading, arbitrage trading, thematic trading, the use of derivatives for leverage and/or borrowing for investment purposes and seeks to achieve its objectives by investing primarily in equities, ETFs, fixed income and listed options in North American markets.

Visit CI GAM’s website for more information about its lineup of liquid alternatives and ETFs.

About Forge First

Forge First Asset Management is an alternative asset manager offering investment solutions that find a balance between asset protection and capital enhancement. Forge First is a wholly owned subsidiary of CI Investments Inc., operating as CI Global Asset Management. Further information about Forge First and its funds is available here.

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

Alternative investment funds have the ability to invest in asset classes or use investment strategies that are not permitted for conventional mutual funds. The specific strategies that differentiate these investment funds from conventional fund structure include increased use of derivatives for hedging and non-hedging purposes; increased ability to sell securities short; and the ability to borrow cash to use for investment purposes. While these strategies will be used in accordance with the investment funds' investment objectives and strategies, during certain market conditions they may accelerate the pace at which your investment decreases in value.

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 Forge First Asset Management Inc. 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.

Forge First Asset Management Inc. is a wholly owned subsidiary of CI Investments Inc., operating as CI Global Asset Management. CI Global Asset Management is a registered business name of CI Investments Inc.

The CI Exchange-Traded Funds (ETFs) are managed by CI Global Asset Management, a wholly owned subsidiary of CI Financial Corp.

©Forge First Asset Management Inc. 2026. All rights reserved.