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CI Global Asset Management Announces ETF Name Changes and Risk Rating Changes

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CI Global Asset Management (“CI GAM”) today announced a series of changes to its ETF lineup, including risk rating changes and name changes. CI GAM also announced a risk rating change for CI Global Infrastructure Private Pool.

In the name changes, which affect 35 ETFs, “CI First Asset” will be replaced with “CI” only, removing the legacy First Asset name from the lineup.

“This change fully aligns our ETFs with the CI GAM brand, which represents the strength and expertise of a major asset manager,” said Roy Ratnavel, Executive Vice-President and Head of Distribution for CI GAM.

“We have grown our ETF business to $12.5 billion in assets with 70 ETFs [as at March 31, 2021], maintaining CI GAM as one of the largest ETF providers in Canada. Our comprehensive lineup includes a diverse offering of actively managed and factor-based ETFs, as well as innovative options such as liquid alternatives and, as of this year, a bitcoin ETF and an Ethereum ETF. The name changes announced today are just part of our commitment to the continued enhancement and modernization of our ETF offering and the entire CI GAM lineup.”

Name changes

The following name changes will be effective April 22, 2021 and the ETF tickers will be unchanged:

Current Name

New Name

Ticker Symbol

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

CI 1-5 Year Laddered Government Strip Bond Index ETF

BXF

CI First Asset Active Canadian Dividend ETF

CI Active Canadian Dividend ETF

FDV

CI First Asset Active Credit ETF

CI Active Credit ETF

FAO, FAO.U

CI First Asset Active Utility & Infrastructure ETF

CI Active Utility & Infrastructure ETF

FAI

CI First Asset Canadian Convertible Bond ETF

CI Canadian Convertible Bond ETF

CXF

CI First Asset Canadian REIT ETF

CI Canadian REIT ETF

RIT

CI First Asset Energy Giants Covered Call ETF

CI Energy Giants Covered Call ETF

NXF, NXF.B

CI First Asset Enhanced Government Bond ETF

CI Enhanced Government Bond ETF

FGO, FGO.U

CI First Asset Enhanced Short Duration Bond Fund

CI Enhanced Short Duration Bond Fund*

FSB, FSB.U

CI First Asset Global Financial Sector ETF

CI Global Financial Sector ETF

FSF

CI First Asset Gold+ Giants Covered Call ETF

CI Gold+ Giants Covered Call ETF

CGXF

CI First Asset Health Care Giants Covered Call ETF

CI Health Care Giants Covered Call ETF

FHI, FHI.B

CI First Asset High Interest Savings ETF

CI High Interest Savings ETF

CSAV

CI First Asset Investment Grade Bond ETF

CI Investment Grade Bond ETF

FIG, FIG.U

CI First Asset Morningstar Canada Momentum Index ETF

CI Morningstar Canada Momentum Index ETF

WXM

CI First Asset Morningstar Canada Value Index ETF

CI Morningstar Canada Value Index ETF

FXM

CI First Asset Morningstar International Momentum Index ETF

CI Morningstar International Momentum Index ETF

ZXM, ZXM.B

CI First Asset Morningstar International Value Index ETF

CI Morningstar International Value Index ETF

VXM, VXM.B

CI First Asset Morningstar National Bank Québec Index ETF

CI Morningstar National Bank Québec Index ETF

QXM

CI First Asset Morningstar US Momentum Index ETF

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About CIXX

CI Financial Corp. is an independent company offering global asset management and wealth management advisory services. CI managed and advised on approximately C$231 billion (US$182 billion) in client assets as at December 31, 2020. CI's primary asset management businesses are CI Global Asset Management (CI Investments Inc.) and GSFM Pty Ltd., and it operates in Canadian wealth management through Assante Wealth Management (Canada) Ltd., CI Private Counsel LP, Aligned Capital Partners Inc., CI Direct Investing (WealthBar Financial Services Inc.), and CI Investment Services Inc.