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 Fund (U.S. Dollars)
 CI Munro Alternative Global Growth Fund
 CI Marret Alternative Enhanced Yield Fund (U.S. Dollars)
 CI Marret Alternative Enhanced Yield Fund
 CI Marret Alternative Absolute Return Bond Fund (U.S. Dollars)
 CI Marret Alternative Absolute Return Bond Fund
 CI Alternative Investment Grade Credit Fund (U.S. Dollars)
 CI Alternative Investment Grade Credit Fund
 CI Alternative Diversified Opportunities Fund (US$ Hedged Series)
 CI Alternative Diversified Opportunities Fund (C$ Series)

 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 U.S. TrendLeaders Index ETF (CAD Hedged)

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

Built from Morningstar® Indexes
 CI Morningstar US Value Index ETF (Unhedged)
 CI Morningstar US Value Index ETF (CAD Hedged)
 CI Morningstar US Momentum Index ETF (Unhedged)
 CI Morningstar US Momentum Index ETF (CAD Hedged)
 CI Morningstar National Bank Québec Index ETF
 CI Morningstar International Value Index ETF (Unhedged)
 CI Morningstar International Value Index ETF (CAD Hedged)
 CI Morningstar International Momentum Index ETF (Unhedged)
 CI Morningstar International Momentum Index ETF (CAD Hedged)
 CI Morningstar Canada Value Index ETF
 CI Morningstar Canada Momentum Index ETF

Important information about each CI 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.