/NOT FOR DISSEMINATION TO U.S. NEWSWIRE
SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA./
TORONTO, June 18, 2020 /CNW/ - CI ETF Investment
Management Inc. ("CI ETF") today announced the following risk
rating changes:
|
ETF
Name
|
Ticker
|
Previous
Risk Rating
|
New
Risk Rating
|
|
CI ONE Global Equity
ETF
|
ONEQ
|
Low to
Medium
|
Medium
|
|
CI WisdomTree Canada
Quality Dividend
Growth Index ETF (Non-Hedged Units)
|
DGRC
|
Low to
Medium
|
Medium
|
|
CI WisdomTree Europe
Hedged Equity Index
ETF (Non-Hedged Units)
|
EHE.B
|
Medium
|
Medium to
High
|
|
CI WisdomTree U.S.
MidCap Dividend Index
ETF (Hedged Units)
|
UMI
|
Medium
|
Medium to
High
|
|
CI WisdomTree U.S.
MidCap Dividend Index
ETF (Non-Hedged Units)
|
UMI.B
|
Low to
Medium
|
Medium
|
|
CI WisdomTree U.S.
Quality Dividend Growth
Variably Hedged Index ETF (Variably Hedged Units)
|
DQD
|
Low to
Medium
|
Medium
|
The changes will be effective immediately and are based on the
risk classification methodology mandated by the Canadian Securities
Administrators to determine the risk level of investment funds. CI
ETF reviews the risk rating for each of the ETFs it manages at
least on an annual basis, as well as when an ETF undergoes a
material change. These changes are the result of an annual review
and are not the result of any changes to the investment objectives,
strategies or management of the ETFs.
For more information about the CI ETFs, please visit the CI
First Asset website.
About CI ETF
CI ETF Investment Management Inc. is a
sponsor and manager of the CI ETFs, and an affiliate of CI
Investments Inc. CI ETF is a subsidiary of CI Financial Corp. (TSX:
CIX), an independent Canadian company offering global asset
management and wealth management advisory services. CI Financial
held approximately $172.0 billion in
fee-earning assets as of May 31,
2020.
Commissions, management fees and expenses may be associated
with an investment in ETFs. Please read the prospectus before
investing. ETFs are not guaranteed, their values change frequently
and past performance may not be repeated. Individuals should seek
the advice of professionals, as appropriate, prior to investing.
You will usually pay brokerage fees to your dealer if you purchase
or sell units of an ETF on the TSX. If the units are purchased or
sold on the TSX, 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.
© 2020 CI ETF Investment Management Inc. All rights
reserved.
CI ETF Investment Management Inc. is licensed by WisdomTree
Investments, Inc. to use certain WisdomTree indexes (the
"WisdomTree Indexes") and WisdomTree marks.
"WisdomTree®" and "Variably Hedged®" are registered
trademarks of WisdomTree Investments, Inc. and WisdomTree
Investments, Inc. has patent applications pending on the
methodology and operation of its indexes. The CI ETFs referring to
such indexes (the "WT Licensee Products") are not sponsored,
endorsed, sold or promoted by WisdomTree Investments, Inc. or its
affiliates ("WisdomTree"). WisdomTree makes no representation or
warranty, express or implied, and shall have no liability regarding
the advisability, legality (including the accuracy or adequacy of
descriptions and disclosures relating to the WT Licensee Products)
or suitability of investing in or purchasing securities or other
financial instruments or products generally, or of the WT Licensee
Products in particular (including, without limitation, the failure
of the WT Licensee Products to achieve their investment objectives)
or regarding use of such indexes or any data included
therein.
SOURCE CI ETF Investment Management Inc.
