TORONTO–(BUSINESS WIRE)–$CIX #CIFinancial—CI Global Asset Management (“CI GAM”) announces that it has updated its Responsible Investing Policy (“Policy”) in accordance with guidance from staff of the Ontario Securities Commission on ESG-related investment fund disclosure. The update clarifies that the Policy covers all in-house actively managed strategies, except for asset classes or investment strategies which do not reasonably lend themselves to environmental, social and governance factor consideration, such as money market funds, passive index funds, cryptocurrency funds, commodity-based funds, covered call funds and fund-of-funds strategies where the portfolio manager does not have a comprehensive view of the underlying securities.
Please visit CI GAM’s website for its Responsible Investing Policy and a list of non-ESG consideration funds.
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 an investment in mutual funds and exchange-traded funds (ETFs). Please read the prospectus before investing. In case of Money Market Funds note that mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. 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.
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.
Vice-President, Corporate Communications