TORONTO, September 19, 2017 - First Asset Investment Management Inc. ("First Asset") is pleased to announce that First Asset Cambridge Global Dividend ETF (the "ETF") has closed the initial offering of its hedged and unhedged units, and the units will commence trading today on the Toronto Stock Exchange under the ticker symbols FCW and FCW.B, respectively. The ETF is managed by Cambridge Global Asset Management, an affiliate of First Asset. Stephen Groff is the lead portfolio manager.
"We continue to provide financial professionals with greater choice of investment vehicles with which they can access the expertise of our portfolio management team to help navigate the evolving investment landscape. Our goal is to ensure that investors have the opportunity to take advantage of investment opportunities in a format best suited to their portfolio needs. Our differentiated investment philosophy remains consistent, allowing us to look for opportunities to deliver value and support the growth of wealth over time."
Stephen Groff, Principal and Portfolio Manager, Cambridge Global Asset Management
"We are pleased to continue to partner with Cambridge Global Asset Management, a highly respected and well known portfolio management team. As a firm, we are dedicated to providing premier products, services and support to Advisors, and First Asset Cambridge Global Dividend ETF represents a valuable, actively managed ETF that delivers the strength and capabilities of Cambridge with the benefits of an ETF; including transparency, intraday trading and low cost."
Rohit Mehta, President First Asset Investment Management Inc.
The ETF's Investment Objective
The ETF's investment objective is to provide Unitholders with an attractive total investment return, consisting of dividend income and capital gains, by investing primarily in equity and equity-related securities of issuers anywhere in the world.
Cambridge Global Asset Management
Cambridge Global Asset Management manages over $21 billion in assets on behalf of retail and institutional clients. The Cambridge philosophy is centered on true active management, downside risk management, and the personal alignment of manager-client interests. The team is led by five Principals: Brandon Snow, Alan Radlo, Robert Swanson, Stephen Groff and Greg Dean. Cambridge Global Asset Management is a division of CI Investments Inc.
First Asset - Smart SolutionsTM
First Asset, a CI Financial Company, is a Canadian investment firm delivering a comprehensive suite of smart ETF solutions. Rooted in strong fundamentals, First Asset’s smart solutions strive to deliver better risk-adjusted returns than the broad market, while helping investors achieve their personal financial goals.
For information about First Asset ETFs, as well as a complete list of ETFs available from First Asset, please visit: http://www.firstasset.com/solutions or call First Asset at 416-642-1289 or 1-877-642-1289.
Please read the prospectus before investing. Important information about the ETF is contained in its prospectus. Individuals should seek the advice of professionals, as appropriate, prior to investing. The ETF is not guaranteed, its values changes frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses all may be associated with an investment in the ETF. The ETF is managed by First Asset, a subsidiary of First Asset Capital Corp. (FA Capital). TMFirst Asset and its logo are trademarks of FA Capital, a wholly-owned subsidiary of CI Financial Corp. which is listed on the TSX under the symbol "CIX". ®CI FINANCIAL is a registered trademark of CI Investments Inc., used under license.
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