Education

Third Party Index Construction Rules for First Asset ETFs

 CI ICBCCS S&P China 500 Index ETF (Unhedged)

 CI Yield Enhanced Canada Short-Term Aggregate Bond Index ETF
 CI Yield Enhanced Canada Aggregate Bond Index ETF

 CI Munro Alternative Global Growth ETF
 CI Marret Alternative Enhanced Yield Fund (U.S. Dollars)
 CI Marret Alternative Enhanced Yield Fund
 CI Marret Alternative Absolute Return Bond ETF (U.S. Dollars)
 CI Marret Alternative Absolute Return Bond ETF
 CI Lawrence Park Alternative Investment Grade Credit ETF (U.S. Dollars)
 CI Lawrence Park Alternative Investment Grade Credit ETF

 CI WisdomTree U.S. Quality Dividend Growth Variably Hedged Index ETF
 CI WisdomTree U.S. Quality Dividend Growth Index ETF (Unhedged)
 CI WisdomTree U.S. Quality Dividend Growth Index ETF (CAD Hedged)
 CI WisdomTree U.S. MidCap Dividend Index ETF (Unhedged)
 CI WisdomTree U.S. MidCap Dividend Index ETF (CAD Hedged)
 CI WisdomTree Japan Equity Index ETF (Unhedged)
 CI WisdomTree Japan Equity Index ETF (CAD Hedged)
 CI WisdomTree International Quality Dividend Growth Variably Hedged Index ETF
 CI WisdomTree International Quality Dividend Growth Index ETF (Unhedged)
 CI WisdomTree International Quality Dividend Growth Index ETF (CAD Hedged)
 CI WisdomTree Europe Hedged Equity Index ETF (Unhedged)
 CI WisdomTree Europe Hedged Equity Index ETF
 CI WisdomTree Emerging Markets Dividend Index ETF (Unhedged)
 CI WisdomTree Canada Quality Dividend Growth Index ETF

Built from CIBC Indices
 CI First Asset U.S. TrendLeaders Index ETF (CAD Hedged)
 CI First Asset U.S. Buyback Index ETF (CAD Hedged)
 CI First Asset Canadian Buyback Index ETF

Built from MSCI Indices
 CI First Asset MSCI World Low Risk Weighted ETF (Unhedged)
 CI First Asset MSCI World Low Risk Weighted ETF (CAD Hedged)
 CI First Asset MSCI World ESG Impact ETF (Unhedged)
 CI First Asset MSCI World ESG Impact ETF (CAD Hedged)
 CI First Asset MSCI USA Low Risk Weighted ETF (Unhedged)
 CI First Asset MSCI USA Low Risk Weighted ETF (CAD Hedged)
 CI First Asset MSCI International Low Risk Weighted ETF (Unhedged)
 CI First Asset MSCI International Low Risk Weighted ETF (CAD Hedged)
 CI First Asset MSCI Europe Low Risk Weighted ETF (Unhedged)
 CI First Asset MSCI Europe Low Risk Weighted ETF (CAD Hedged)
 CI First Asset MSCI Canada Quality Index Class ETF
 CI First Asset MSCI Canada Low Risk Weighted ETF

Built from Morningstar® Indexes
 CI First Asset Morningstar US Value Index ETF (Unhedged)
 CI First Asset Morningstar US Value Index ETF (CAD Hedged)
 CI First Asset Morningstar US Momentum Index ETF (Unhedged)
 CI First Asset Morningstar US Momentum Index ETF (CAD Hedged)
 CI First Asset Morningstar US Dividend Target 50 Index ETF (Unhedged)
 CI First Asset Morningstar US Dividend Target 50 Index ETF (CAD Hedged)
 CI First Asset Morningstar National Bank Québec Index ETF
 CI First Asset Morningstar International Value Index ETF (Unhedged)
 CI First Asset Morningstar International Value Index ETF (CAD Hedged)
 CI First Asset Morningstar International Momentum Index ETF (Unhedged)
 CI First Asset Morningstar International Momentum Index ETF (CAD Hedged)
 CI First Asset Morningstar Canada Value Index ETF
 CI First Asset Morningstar Canada Momentum Index ETF
 CI First Asset Morningstar Canada Dividend Target 30 Index ETF

Important information about each CI First Asset ETF Fund is contained in its respective prospectus. Individuals should seek the advice of professionals, as appropriate, prior to investing. This investment may not be suitable for all investors. Some conditions apply. Copies of the prospectus may be obtained from your investment advisor, First Asset or at www.sedar.com. Commissions, management fees and expenses all may be associated with mutual fund investments. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

The commentaries presented are prepared as a general source of information. They are not intended to provide specific individual advice including, without limitation, investment, financial, legal, accounting or tax. The opinions contained in this document are solely those of First Asset and are subject to change without notice. First Asset assumes no responsibility for any losses or damages, whether direct or indirect, which arise from the use of this information and expressly disclaims liability for any errors or omissions in this information. First Asset is under no obligation to update the information contained herein.