/NOT FOR DISSEMINATION TO U.S. NEWSWIRE
SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES OF AMERICA./
TORONTO, April 15, 2020 /CNW/ - CI Investments Inc.
announces the following regular cash distributions for the month
ending April 30, 2020 in respect of
CI First Asset ETFs. In all cases, the distribution will be paid on
or before April 30, 2020, to
unitholders of record on April 24,
2020. The ex-dividend date for all ETFs is April 23, 2020, with the exception of CI First
Asset High Interest Savings ETF which has an ex-dividend date of
April 24, 2020.
|
ETF
|
Trading
Symbol
|
Distribution
Amount
(per
unit)
|
|
CI First Asset
Canadian Convertible Bond ETF
|
CXF
|
$0.0400
|
|
CI First Asset Active
Utility & Infrastructure ETF
|
FAI
|
$0.0382
|
|
CI First Asset Active
Credit ETF
|
FAO
|
$0.0450
|
|
FAO.U
|
$0.0450
(USD$)
|
|
CI First Asset Active
Canadian Dividend ETF
|
FDV
|
$0.0312
|
|
CI First Asset Short
Term Government Bond Index Class ETF
|
FGB
|
$0.0316
|
|
CI First Asset
Investment Grade Bond ETF
|
FIG
|
$0.0320
|
|
FIG.U
|
$0.0248
(USD$)
|
|
CI First Asset Long
Duration Fixed Income ETF
|
FLB
|
$0.0405
|
|
CI First Asset
Preferred Share ETF
|
FPR
|
$0.0768
|
|
CI First Asset
Enhanced Short Duration Bond ETF
|
FSB
|
$0.0235
|
|
FSB.U
|
$0.0235
(USD$)
|
|
CI First Asset
Canadian REIT ETF
|
RIT
|
$0.0675
|
|
CI First Asset Global
Asset Allocation ETF
|
CGAA
|
$0.0298
|
|
CI First Asset High
Interest Savings ETF
|
CSAV
|
$0.0291
|
|
CI Lawrence Park
Alternative Investment Grade Credit ETF
|
CRED
|
$0.0500
|
|
CRED.U
|
$0.0500
(USD$)
|
|
CI Marret Alternative
Absolute Return Bond ETF
|
CMAR
|
$0.0500
|
|
CMAR.U
|
$0.0500
(USD$)
|
Supporting Investors' Needs
Stay in the market,
minimize costs, and take advantage of a smart, simple and efficient
feature designed to support investors' needs. The CI First Asset
Distribution Reinvestment Plan (DRIP) will automatically reinvest
cash distributions into the CI First Asset ETF making the
distribution. All of the distributions indicated in the table above
will be paid in cash unless the unitholder has enrolled in the
applicable DRIP of the respective ETF. A copy of the Distribution
Reinvestment Plan is available at www.firstasset.com.
CI First Asset ETFs
CI First Asset ETFs, a division of
CI Investments Inc., a leading provider of ETFs in Canada, offers a comprehensive suite of ETF
solutions. Rooted in strong fundamentals, the diverse and
specialized lineup of CI First Asset ETFs strive to deliver better
risk-adjusted returns than the broad market while helping investors
achieve their personal financial goals. CI First Asset ETFs are
managed by CI Investments Inc. CI Investments Inc. is a subsidiary
of CI Financial Corp. (TSX: CIX), an independent, Canadian-owned
wealth management firm.
This communication is intended for informational purposes only
and does not constitute an offer to sell or the solicitation of an
offer to purchase CI First Asset ETFs and is not, and should not be
construed as, investment, tax, legal or accounting advice, and
should not be relied upon in that regard. Commissions, management
fees and expenses all may be associated with investments in
exchange-traded funds (ETFs). Please read the prospectus before
investing. ETFs are not guaranteed, their values change frequently
and past performance may not be repeated. You will usually pay
brokerage fees to your dealer if you purchase or sell units of an
ETF on the TSX or the NEO Exchange. If the units are purchased or
sold on the TSX or the NEO Exchange, 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.
SOURCE CI Investments Inc.