CI Global Asset Management Claims Compliance with the Global Investment Performance Standards

TORONTO--(BUSINESS WIRE)-- CI Global Asset Management (“CI GAM”) announced today that it claims compliance with the Global Investment Performance Standards (“GIPS^®”) from CFA Institute.

"We are very proud to have completed the demanding process to claim compliance with the GIPS standards, the global standard for presenting performance track records," said Marc-André Lewis, Executive Vice-President and Head of Investment Management for CI GAM.

“Along with the additional step of undergoing verification by an independent third party, this was a significant project for a large asset manager such as CI GAM. It represents our deep commitment to building trust with our investor clients, to following best practices in investment management, and to continuously modernizing our business.“

Introduced in 1999, the GIPS standards are universal and voluntary standards based on the fundamental principles of full disclosure and fair representation of investment performance. The GIPS standards are administered by CFA Institute and have been adopted by more than 1,800 organizations in 49 markets worldwide, including all or a portion of 90 of the top 100 asset managers globally, according to data from Cerulli Associates.

Karyn Vincent, CFA, CIPM, Senior Head of Global Industry Standards for CFA Institute, stated, “We applaud CI GAM for their efforts to put investors first. CI GAM is an example of a leader that is truly advancing the investment profession by employing a higher standard. We encourage more asset managers to follow their lead to promote fairness, transparency, and ethics in investment performance.”

Though not required, CI GAM completed the voluntary and rigorous process of having its firm verified by an independent third party. Verification provides assurance that a firm’s policies, procedures, and performance disclosures have been tested to adhere to the ethical standards and best industry practices required by the GIPS standards. The Spaulding Group, Inc. conducted the verification. GIPS compliance consultant Guardian Performance Solutions, LLC assisted CI GAM with establishing processes and systems required to meet compliance.

For more information about the GIPS standards, please visit https://www.gipsstandards.org/.

About CFA Institute

CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion of ethical behavior in investment markets and a respected source of knowledge in the global financial community. Our aim is to create an environment where investors’ interests come first, markets function at their best, and economies grow. There are more than 180,000 CFA® charterholders worldwide in more than 160 markets. CFA Institute has nine offices worldwide and there are 160 local societies. For more information, visit http://www.cfainstitute.org or follow us on LinkedIn and Twitter at @CFAInstitute.

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 Global Asset Management is a subsidiary of CI Financial Corp. (TSX: CIX, NYSE: CIXX), an integrated global asset and wealth management company with approximately $354.6 billion in assets as of April 30, 2022.

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.

To obtain GIPS-compliant performance information for CI Global Asset Management’s strategies and products, please email gips@ci.com.

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

GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.