September 29, 2026

CI Global Asset Management Expands Canadian Equity Fund Lineup with Proven Momentum Strategy

CI Morningstar Canada Momentum Index ETF (WXM) approach now available as a mutual fund

TORONTO (September 29, 2026) – CI Global Asset Management (“CI GAM”) announces the launch of CI Morningstar Canada Momentum Index Fund, a mandate designed to benefit from positive trends in the Canadian stock market.

CI Morningstar Canada Momentum Index Fund (the “Fund”) provides exposure to a portfolio of Canadian stocks that have demonstrated recent strength in earnings trends, profitability and share price, along with the prospect for continued outperformance.

The Fund achieves this by investing primarily in Common Units of CI Morningstar Canada Momentum Index ETF (TSX: WXM) (the “ETF” or “WXM”). The ETF’s index-based momentum investment strategy has resulted in strong long-term performance, as recognized by a FundGrade A+® Award for 2025 in the Canadian equity category.

“Momentum has been one of the top-performing investment strategies globally and in Canada over the past 10 years, and a resilient economy and growing corporate earnings continue to provide support,” said Jennifer Sinopoli, Executive Vice-President and Chief Distribution Officer, CI GAM.

“With the launch of CI Morningstar Canada Momentum Index Fund, we are offering expanded access to a robust, proven approach to momentum investing. Morningstar’s index methodology has resulted in exceptional long-term outperformance for WXM relative to the broader markets and its Canadian equity fund peers.

“This record of consistent and sustained results makes the strategy a compelling option as a core equity holding for Canadian investors,” Ms. Sinopoli said.

Benefits of the CI Morningstar Canada Momentum Index strategy

  • Focused approach to momentum investing in the Canadian market through a well-defined, rules-based process.
  • Quarterly rebalancing allows it to capitalize on changes in market leadership.
  • Equal weighting of portfolio holdings reduces concentration risk.
  • Proven long-term track record as shown by WXM’s 14-year performance history.
  • Exposure to the momentum factor can enhance diversification within Canadian equity portfolios.
  • Conveniently available in both mutual fund and ETF structures.
  • The ETF was the winner of a 2025 FundGrade A+® Award in the Canadian equity category.

The Fund is now available in Series A, F, I and P. Management fees are 1.55% for Series A and 0.55% for Series F and P. Series A, F and P also charge an administration fee of 0.05%. The Fund has a risk rating of Medium.

Investment objective

To replicate, to the extent possible, the performance of the Morningstar®Canada Target Momentum Index™, net of expenses. The Fund invests in equity securities of the largest and most liquid Canadian issuers based on proprietary research generated by Morningstar and is designed to provide diversified exposure to Canadian issuers which have demonstrated, among other things, positive momentum in earnings and price.

About CI Global Asset Management

CI Global Asset Management (“CI GAM”) is one of Canada’s leading investment management firms, providing a comprehensive suite of solutions – including mutual funds, exchange-traded funds and alternative investments – to help Canadians achieve their financial goals. Founded in 1965, CI GAM has built an enduring legacy of innovation, disciplined portfolio management and commitment to investor success. We partner with financial advisors, wealth management firms and institutions to serve more than 1.3 million investors. CI GAM is a subsidiary of Toronto-based CI Financial Corp., a diversified global asset and wealth management company. For more information, visit www.ci.com or follow us on LinkedIn.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund and exchange-traded fund (ETF) investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compound total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds and 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 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. Returns of the Index do not represent the ETF’s returns. An investor cannot invest directly in the Index. Performance of the ETF is expected to be lower than the performance of the Index.

CI Morningstar Canada Momentum Index ETF has received a FundGrade A+® Award for the year 2025 in the CIFSC Canadian Equity category, out of 166 funds. The FundGrade Start Date was December 31, 2015, and the FundGrade Calculation Date was December 31, 2025. Performance for CI Morningstar Canada Momentum Index ETF (TSX: WXM) for the period ended December 31, 2025 is as follows: 1 year, 37.9%; 3 years, 24.2%; 5 years, 18.3%; and 10 years, 13.7%.

About the FundGrade A+® Awards Methodology

FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.

Morningstar® is a registered trademark of Morningstar, Inc. (“Morningstar”). Morningstar® Canada Target Momentum IndexTM is a service mark of Morningstar and has been licensed for use for certain purposes by CI Global Asset Management (“CI GAM”). The securities of each of the CI Morningstar ETFs (the “ETFs”) are not in any way sponsored, endorsed, sold or promoted by Morningstar or any of its affiliates (collectively, ‘‘Morningstar’’), and Morningstar makes no representation or warranty, express or implied regarding the advisability of investing in securities generally or in the ETFs particularly or the ability of the Index to track general market performance.

This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase mutual funds 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. Every effort has been made to ensure that the material contained in this document is accurate at the time of publication. 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.

The CI Exchange-Traded Funds are managed by CI Global Asset Management, a wholly owned subsidiary of CI Financial Corp.

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

©CI Investments Inc. 2026. All rights reserved.

Contact:
Murray Oxby
Vice-President, Corporate Communications
CI Global Asset Management
416-681-3254
moxby@ci.com