CI Global Asset Management Expands Fixed-Income Lineup with Target Maturity Bond Funds

New funds with fixed maturity dates also offered in ETF Series

TORONTO (October 1, 2025) – CI Global Asset Management (“CI GAM”) announces the launch of the CI Target Maturity Investment Grade Bond Funds (the “Funds”), a family of fixed-income solutions that allow investors to save with predictability and precision.

The Funds – which are now available in mutual fund Series A, F, I and P units, and ETF C$ Series units – have closed their initial offering of ETF C$ Series units and begin trading today on the Toronto Stock Exchange under the tickers noted below. The Funds are:

• CI Target 2028 Investment Grade Bond Fund (CTMA)
• CI Target 2029 Investment Grade Bond Fund (CTMB)
• CI Target 2030 Investment Grade Bond Fund (CTMC).

The Funds invest primarily in Canadian dollar-denominated investment-grade corporate bonds that mature in a Fund’s target year. They provide regular income through monthly distributions and are then terminated on their target date, returning the proceeds to unitholders. By providing a predictable cash flow over a fixed investment timeline, the Funds allow investors to align their investment with specific savings goals.

“These Funds are an advantageous, low-cost option for clients seeking consistent income, capital preservation, and to match their investments with their savings timeline,” said Jennifer Sinopoli, Executive Vice-President and Head of Distribution for CI GAM. “Investors also benefit from the capabilities and experience of the CI GAM fixed-income investment team, with its deep expertise across corporate and government bond markets.

“With the launch of CI GAM’s first ever target maturity bond funds, we continue to enhance and expand our roster of fixed-income mutual funds and ETFs, reflecting our commitment to providing Canadians with a comprehensive suite of investment solutions,” Ms. Sinopoli said.

The Funds are offered with a very competitive management fee for the target maturity bond category. The management fee is 0.15% for Series F and ETF C$ Series units, and 0.65% for Series A units.

The benefits of the Funds include:

• A defined maturity date: Investors can choose the Fund that aligns with their financial goals, such as a home down payment, tuition payments, or retirement cash flow. This feature also allows investors to adopt a bond laddering strategy using multiple target maturity bond funds.
• Predictable cash flow: The Funds pay a monthly distribution.
• Professional investment management: The CI GAM investment team actively manages the Funds’ portfolios, leveraging their expertise in monitoring economic and market conditions, research, security analysis and selection, and risk management.
• Diversification: Each Fund invests primarily in a variety of Canadian dollar-denominated investment-grade corporate bonds with maturities matched to the target year. The portfolio managers can additionally diversify the portfolio by investing in high-yield corporate bonds and foreign-issued bonds.
• Liquidity: The Funds can be redeemed daily (mutual funds series) or sold at any time on the TSX (ETF C$ Series).
• Potential tax efficiency for non-registered accounts: The portfolio managers seek to purchase “discount bond” issues (bonds that trade at a discount to their maturity value), resulting in capital gains income, which is taxed at a lower rate than interest income.

More information about CI GAM’s lineup of investment solutions is available at ci.com, with a focus on ETFs here.

About CI Global Asset Management

CI Global Asset Management (“CI GAM”) 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 GAM is a subsidiary of CI Financial Corp., an integrated global asset and wealth management company with approximately $550.9 billion in assets as at June 30, 2025.