Communiqués de presse

CI Global Asset Management Announces Estimated Annual Reinvested Capital Gains Distributions for CI ETFs


TORONTO (December 3, 2021) - CI Global Asset Management ("CI GAM") announces the estimated annual reinvested capital gains distributions (the "Reinvested Distributions") for the 2021 tax year for the CI ETFs listed below. Please note that these are estimated amounts as of October 29, 2021 and include certain forward-looking information which may cause the Reinvested Distributions to change before the CI ETFs' tax year-end on December 15, 2021 and December 31, 2021. These estimated amounts are for the Reinvested Distributions only and do not include the ongoing, regular monthly or quarterly cash distribution amounts which are expected to be announced in a separate press release in December 2021.

Each of the CI ETFs is required to distribute net income and capital gains earned during the year. The Reinvested Distributions will generally consist of capital gains and/or any excess net income at year end. The Reinvested Distributions will not be paid in cash but will be reinvested and the resulting units immediately consolidated so that the number of units held by each investor will not change. Investors holding units outside registered plans will have taxable amounts to report and will have an increase in the adjusted cost base of their investment. In all cases, these distributions will be reinvested on or about December 31, 2021 to unitholders of record on December 30, 2021.

CI GAM expects to announce the final, confirmed Reinvested Distribution amounts (subject to any further revisions to per unit amounts resulting from subscription and redemption activity prior to the record date) on or about December 31, 2021. The actual taxable amounts of all distributions for 2021, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") and will be posted on in early 2022.

CI GAM provides estimated distributions for information purposes only. These estimates are not intended to be, nor should they construed to be, legal or tax advice to any particular person.

Fund NameTrading SymbolEstimated
Capital Gain Distributions
per Fund Unit as at October 29, 2021
CI Morningstar Canada Momentum Index ETFWXM$2.9312
CI Morningstar National Bank Québec Index ETFQXM$1.1025
CI Morningstar International Momentum Index ETFZXM$6.9883
CI MSCI Europe Low Risk Weighted ETFRWE$0.5361
CI MSCI USA Low Risk Weighted ETFRWU$0.9784
CI MSCI World Low Risk Weighted ETFRWW$0.6611
CI Preferred Share ETFFPR$0.1142
CI MSCI International Low Risk Weighted ETFRWX$0.2341
CI Morningstar US Momentum Index ETFYXM$2.2076
CI Enhanced Government Bond ETFFGO$0.0302
FGO.U$0.0398 (US$)
CI Global Financial Sector ETFFSF$2.2914
CI Global Asset Allocation Private Pool (ETF Series)CGAA$0.5928
CI High Interest Savings ETFCSAV Note 2-
CI Morningstar Canada Value Index ETFFXM$0.0000
CI MSCI Canada Low Risk Weighted ETFRWC$0.0000
CI U.S. TrendLeaders Index ETFSID$3.9930
CI Energy Giants Covered Call ETFNXF$0.0000
CI Health Care Giants Covered Call ETFFHI$4.3470
CI Tech Giants Covered Call ETFTXF$1.4315
CI Gold Bullion FundVALT$0.0000
CI Galaxy Bitcoin ETFBTCX.B$0.0000
BTCX.U$0.0000 (US$)
CI Galaxy Ethereum ETFETHX.B$0.0000
ETHX.U$0.0000 (US$)
CI Canadian Equity Index ETFCCDN$0.0045
CI Global Healthcare Leaders Index ETFCHCL.B$0.0000
CI U.S. 500 Index ETFCUSA.B$0.0000
CI U.S. 1000 Index ETFCUSM.B$0.0000
CI U.S. Treasury Inflation-linked Bond Index ETF (CAD Hedged)CTIP$0.4911
CI Emerging Markets Alpha ETFCIEM$0.0000
CIEM.U$0.0000 (US$)
CI Global Alpha Innovation ETFCINV$0.0000
CINV.U$0.0000 (US$)
CI 1-5 Year Laddered Government Strip Bond Index ETFBXF$0.0000
CI Active Canadian Dividend ETFFDV$0.5609
CI Canadian Convertible Bond ETFCXF$0.0971
CI U.S. & Canada Lifeco Income ETFFLI $0.0000
CI Active Utility & Infrastructure ETFFAI$0.6321
CI Active Credit ETFFAO$0.0000
FAO.U$0.0000 (US$)
CI Investment Grade Bond ETFFIG$0.0000
FIG.U$0.0000 (US$)
CI Enhanced Short Duration Bond Fund (ETF Series)FSB$0.0000
FSB.U$0.0000 (US$)
CI Gold+ Giants Covered Call ETFCGXF$0.0000
CI Canadian REIT ETFRIT$0.0000
CI Morningstar International Value Index ETFVXM$0.2873
CI Morningstar US Value Index ETFXXM$0.0000
CI MSCI World ESG Impact ETFCESG$3.2603
CI Alternative Investment Grade Credit Fund (ETF Series)CRED$0.2156
CRED.U$0.3096 (US$)
CI Marret Alternative Absolute Return Bond Fund (ETF Series)CMAR$0.0000
CMAR.U$0.0000 (US$)
CI Munro Alternative Global Growth Fund (ETF Series)CMAG$1.9187
CMAG.U$1.5256 (US$)
CI Marret Alternative Enhanced Yield Fund (ETF Series)CMEY$0.0000
CMEY.U$0.0000 (US$)
CI Munro Global Growth Equity Fund (ETF Series)CMGG$1.4891
CMGG.U$1.3911 (US$)
CI Alternative Diversified Opportunities Fund (ETF Series)CMDO$0.0000
CMDO.U$0.0000 (US$)
CI Global Climate Leaders Fund (ETF Series)CLML$0.0000
CLML.U$0.0000 (US$)
CI Global REIT Private Pool (ETF Series)CGRE$0.0000
CI Global Infrastructure Private Pool (ETF Series)CINF$0.0000
CI Global Real Asset Private Pool (ETF Series)CGRA$0.0000
CI DoubleLine Core Plus Fixed Income US$ Fund (ETF Series)CCOR$0.0000
CCOR.U$0.0000 (US$)
CI DoubleLine Income US$ Fund (ETF Series) CINC $0.0000
CINC.B $0.0000
CINC.U$0.0000 (US$)
CI DoubleLine Total Return Bond US$ Fund (ETF Series)CDLB$0.0000
CDLB.U$0.0000 (US$)
CI Global Longevity Economy Fund (ETF Series)LONG$1.6224
CI Yield Enhanced Canada Aggregate Bond Index ETFCAGG$1.1140
CI Yield Enhanced Canada Short-Term Aggregate Bond Index ETFCAGS$0.2440
CI ONE North American Core Plus Bond ETFONEB$0.4300
CI WisdomTree Emerging Markets Dividend Index ETFEMV.B$0.0000
CI WisdomTree Canada Quality Dividend Growth Index ETFDGRC$0.7382
CI WisdomTree Europe Hedged Equity Index ETFEHE$0.0000
CI WisdomTree U.S. Quality Dividend Growth Index ETFDGR$0.0000
CI WisdomTree International Quality Dividend Growth Index ETFIQD$1.8698
CI WisdomTree U.S. Quality Dividend Growth Variably Hedged Index ETFDQD$1.5157
CI WisdomTree International Quality Dividend Growth Variably Hedged Index ETFDQI$0.0000
CI WisdomTree U.S. MidCap Dividend Index ETFUMI$0.0209
CI WisdomTree Japan Equity Index ETFJAPN$2.4826
CI ICBCCS S&P China 500 Index ETFCHNA.B$0.0000
CI ONE Global Equity ETFONEQ$0.7358
CI Canadian Banks Income Class ETFCIC$0.0000
CI Core Canadian Equity Income Class ETFCSY$0.0000
CI Short Term Government Bond Index Class ETFFGB$0.0000
CI MSCI Canada Quality Index Class ETFFQC$0.0000
Note 1 - The Corporate Class ETFs have a tax year end of December 31, but none of the Corporate Class ETFs currently anticipate a reinvested distribution for 2021.
Note 2 - There is no anticipated reinvested distribution for CI High Interest Savings ETF.

Forward-looking Information
This press release contains forward-looking statements with respect to the estimated Reinvested Distributions for the CI ETFs. By their nature, these forward-looking statements involve certain risks and uncertainties that could cause the actual distributions to differ materially from those contemplated by the forward-looking statements. Material factors that could cause the actual Reinvested Distributions to differ from the estimated Reinvested Distributions between now and the CI ETFs' tax year-ends include, without limitation: the actual amounts of distributions received by the CI ETFs; the actual amount of capital gains generated from sales of securities; and subscription and redemption activity in the CI ETFs.

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 CI Global Asset Management is a subsidiary of CI Financial Corp. (TSX: CIX, NYSE: CIXX), an independent company offering global asset management and wealth management advisory services with $331.8 billion in total assets as of October 31, 2021.

This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase exchange-traded funds (ETFs) 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. 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. Some conditions apply.

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

The forward-looking statements are not historical facts but reflect the current expectations of CI GAM regarding future results or events and are based on information currently available to them. Certain material factors and assumptions were applied in providing these forward-looking statements. All forward-looking statements in this press release are qualified by these cautionary statements. CI GAM believes that the expectations reflected in forward-looking statements are based upon reasonable assumptions; however, CI GAM can give no assurance that the actual results or developments will be realized. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, a forward-looking statement speaks only as of the date on which such statement is made. CI GAM undertakes no obligation to publicly update any such statement or to reflect new information or the occurrence of future events or circumstances except as required by securities laws. These forward-looking statements are made as of the date of this press release.

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

©CI Investments Inc. 2021. All rights reserved.

Murray Oxby Vice-President, Corporate Communications CI Global Asset Management 416-681-3254