CI Investments announces risk rating changes to several funds
CI Investments announces risk rating changes to several funds
Canada NewsWire
TORONTO, July 26, 2018
TORONTO, July 26, 2018 /CNW/ - CI Investments Inc. ("CI") announced today the following risk rating changes for 24 of its funds:
|
Fund |
Previous Risk Rating |
New Risk Rating |
|
Canadian Equity Alpha Corporate Class |
Medium |
Low to medium |
|
CI American Small Companies Corporate Class |
Medium to high |
Medium |
|
CI American Small Companies Fund |
Medium to high |
Medium |
|
CI Canadian Small/Mid Cap Fund |
Medium to high |
Medium |
|
CI Can-Am Small Cap Corporate Class |
Medium |
Low to medium |
|
CI Global Health Sciences Corporate Class |
High |
Medium to high |
|
CI Global High Dividend Advantage Fund |
Medium |
Low to medium |
|
CI Pacific Corporate Class |
Medium to high |
Medium |
|
CI Pacific Fund |
Medium to high |
Medium |
|
Emerging Markets Equity Corporate Class |
High |
Medium to high |
|
Emerging Markets Equity Pool |
High |
Medium to high |
|
Lawrence Park Strategic Income Fund |
Low to medium |
Low |
|
Portfolio Series Growth Fund |
Medium |
Low to medium |
|
Portfolio Series Income Fund |
Low to medium |
Low |
|
Select 20i80e Managed Portfolio Corporate Class |
Medium |
Low to medium |
|
Select 70i30e Managed Portfolio Corporate Class |
Low to medium |
Low |
|
Signature Corporate Bond Fund |
Low to medium |
Low |
|
Signature Dividend Corporate Class |
Medium |
Low to medium |
|
Signature Dividend Fund |
Medium |
Low to medium |
|
Signature Emerging Markets Corporate Class |
High |
Medium to high |
|
Signature Emerging Markets Fund |
High |
Medium to high |
|
Signature Global Science & Technology Corporate Class |
High |
Medium to high |
|
Signature Tactical Bond Pool |
Low to medium |
Low |
|
US Equity Small Cap Corporate Class |
Medium to high |
Medium |
The changes will be effective immediately. The changes are based on the methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds. CI reviews the risk rating for each fund at a minimum on an annual basis, as well as when a fund undergoes a material change. These changes are the result of an annual review, and are not results of any changes to the investment objectives, strategies or management of the funds.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
About CI Investments – Canada's Investment Company
CI Investments 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 is a subsidiary of CI Financial Corp. (TSX: CIX), an independent, Canadian-owned wealth management firm with $182.7 billion in assets as of June 30, 2018.
SOURCE CI Financial Corp.
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