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December 31, 2020

CI Global Asset Management Announces Confirmed Annual Reinvested Capital Gains Distributions for CI ETFs


TORONTO (December 31, 2020) – CI Global Asset Management (“CI GAM”) announces the confirmed annual reinvested capital gains distributions (the “Reinvested Distributions”) for the 2020 tax year for the CI ETFs listed below.

Each of the CI ETFs is required to distribute net income and capital gains earned during the year.  The Reinvested Distributions will generally consist of capital gains and/or any excess net income at year end. Other than in respect of CI First Asset High Interest Savings ETF, the Reinvested Distributions will not be paid in cash, but will be reinvested and the resulting units immediately consolidated so that the number of units held by each investor will not change. Investors holding units outside registered plans will have taxable amounts to report and will have an increase in the adjusted cost base of their investment. In all cases, other than CI First Asset High Interest Savings ETF, these distributions will be reinvested on or about December 31, 2020 to unitholders of record on December 30, 2020. With respect to CI First Asset High Interest Savings ETF, the Reinvested Distribution will distribute interest accrued between December 23, 2020 and December 31, 2020 and will be paid in cash on or about January 7, 2021 to unitholders of record on December 31, 2020. The ex-dividend date in each case is December 29, 2020, with the exception of CI First Asset High Interest Savings ETF which has an ex-dividend date of December 31, 2020.

These confirmed amounts are for the Reinvested Distributions only and replace the previous estimates announced on December 7, 2020. The actual taxable amounts of all distributions for 2020, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or “CDS”) and will be posted on in early 2021.

Fund NameTrading SymbolConfirmed Capital Gain Distributions per Fund Unit
CI First Asset Morningstar Canada Momentum Index ETFWXM$0.012
CI First Asset Morningstar National Bank Québec Index ETFQXM$0.018
CI First Asset Morningstar International Momentum Index ETFZXM$0.000
CI First Asset Morningstar US Dividend Target 50 Index ETFUXM$0.039
CI First Asset MSCI Europe Low Risk Weighted ETFRWE$0.000
CI First Asset MSCI USA Low Risk Weighted ETFRWU$0.042
CI First Asset MSCI World Low Risk Weighted ETFRWW$0.874
CI First Asset European Bank ETFFHB$0.000
CI First Asset Preferred Share ETFFPR$0.000
CI First Asset MSCI International Low Risk Weighted ETFRWX$0.154
CI First Asset Morningstar US Momentum Index ETFYXM$0.033
CI First Asset Enhanced Government Bond ETFFGO$0.164
FGO.U$0.000 (US$)
CI First Asset U.S. Buyback Index ETFFBU$0.079
CI First Asset Global Financial Sector ETFFSF$0.000
CI Global Asset Allocation Private Pool (ETF Series)CGAA$0.624
CI First Asset Morningstar Canada Dividend Target 30 Index ETFDXM$0.000
CI First Asset Long Duration Fixed Income ETFFLB$0.672
CI First Asset High Interest Savings ETFCSAV$0.000
CI First Asset Morningstar Canada Value Index ETFFXM$0.007
CI First Asset MSCI Canada Low Risk Weighted ETFRWC$0.000
CI First Asset U.S. TrendLeaders Index ETFSID$1.718
CI First Asset Energy Giants Covered Call ETFNXF$0.000
CI First Asset Health Care Giants Covered Call ETFFHI$0.000
CI First Asset Tech Giants Covered Call ETFTXF$0.000
CI First Asset 1-5 Year Laddered Government Strip Bond Index ETFBXF$0.000
CI First Asset Active Canadian Dividend ETFFDV$0.425
CI First Asset Canadian Convertible Bond ETFCXF$0.018
CI First Asset U.S. & Canada Lifeco Income ETFFLI$0.000
CI First Asset Active Utility & Infrastructure ETFFAI$0.240
CI First Asset Active Credit ETFFAO$0.000
FAO.U$0.000 (US$)
CI First Asset Canadian Buyback Index ETFFBE$0.000
CI First Asset Investment Grade Bond ETFFIG$0.000
FIG.U$0.000 (US$)
CI First Asset Enhanced Short Duration Bond Fund (ETF Series)FSB$0.030
FSB.U$0.031 (US$)
CI First Asset Gold+ Giants Covered Call ETFCGXF$0.000
CI First Asset Canadian REIT ETFRIT$0.000
CI First Asset Morningstar International Value Index ETFVXM$0.000
CI First Asset Morningstar US Value Index ETFXXM$0.040
CI First Asset MSCI World ESG Impact ETFCESG$1.949
CI Lawrence Park Alternative Investment Grade Credit ETFCRED$0.000
CRED.U$0.000 (US$)
CI Marret Alternative Absolute Return Bond ETFCMAR$0.228
CMAR.U$0.000 (US$)
CI Munro Alternative Global Growth ETFCMAG$0.000
CI Marret Alternative Enhanced Yield Fund (ETF Series)CMEY$0.000
CMEY.U$0.000 (US$)
CI Global REIT Private Pool (ETF Series)CGRE$0.000
CI Global Infrastructure Private Pool (ETF Series)CINF$0.000
CI Global Real Asset Private Pool (ETF Series)CGRA$0.000
CI DoubleLine Core Plus Fixed Income US$ Fund (ETF Series)CCOR$0.000
CCOR.U$0.000 (US$)
CI DoubleLine Income US$ Fund (ETF Series)CINC$0.267
CINC.U$0.342 (US$)
CI DoubleLine Total Return Bond US$ Fund (ETF Series)CDLB$0.126
CDLB.U$0.161 (US$)
CI Global Longevity Economy Fund (ETF Series)LONG$0.245
Corporate Class ETFs
CI First Asset CanBanc Income Class ETFCIC$0.000
CI First Asset Core Canadian Equity Income Class ETFCSY$0.000
CI First Asset Short Term Government Bond Index Class ETFFGB$0.000
CI First Asset MSCI Canada Quality Index Class ETFFQC$0.000

About CI Global Asset Management


CI Global Asset Management 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 CI GAM is a subsidiary of CI Financial Corp. (TSX: CIX, NYSE: CIXX), an independent company offering global asset management and wealth management advisory services with $215.6 billion in total assets as of November 30, 2020.


This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase exchange-traded funds (ETFs) managed by CI Global Asset Management and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies. These investments may not be suitable to the circumstances of an investor. Some conditions apply.


Commissions, management fees and expenses all may be associated with an investment in ETFs. You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on recognized Canadian exchanges. If the units are purchased or sold on these Canadian exchanges, 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. Please read the prospectus before investing. Important information about an exchange-traded fund (ETF) is contained in its prospectus. ETFs are not guaranteed; their values change frequently and past performance may not be repeated.


CI Global Asset Management is a registered business name of CI Investments Inc.


©CI Investments Inc. 2020. All rights reserved.




CI Global Asset Management


Murray Oxby
Vice-President, Corporate Communications
CI Global Asset Management