CI Global Asset Management Launches Global Equity Fund and ETF Mandates Powered by Quality, Dividends and Growth

CI Global Asset Management (“CI GAM”) announces the launch of CI Global Quality Dividend Growth Index Fund and CI Global Quality Dividend Growth Index ETF, which seek to provide exposure to a global portfolio of high-quality, Dividend-paying companies with strong earnings growth potential.

CI Global Quality Dividend Growth Index ETF has closed its initial offering of Non-Hedged Units, which begin trading today on the Toronto Stock Exchange (“TSX”) under the ticker CGQD.B.

The new mutual fund and ETF expand CI GAM’s successful “Quality Dividend Growth Index” suite, which also includes U.S., Canadian and international mandates offered in both mutual fund and ETF structures.

“With today’s launches, we are meeting demand for a global portfolio based on the proven quality dividend growth index approach,” said Jennifer Sinopoli, Executive Vice-President and Head of Distribution for CI GAM. “The result is a mandate that’s well suited to serve as core portfolio holding for global equities due to its low cost, broad diversification and focus on large, high-quality dividend-paying companies across developed markets.”

CI Global Quality Dividend Growth Index ETF (“CGQD.B”) seeks to track, to the extent reasonably possible, the price and yield performance of a fundamentally weighted index designed to provide exposure to a broad range of Dividend-paying companies with growth and quality characteristics around the developed world, net of expenses. Currently, CGQD.B seeks to replicate the performance of WisdomTree Global Quality Dividend Growth CAD Index or any successor thereto.

CI Global Quality Dividend Growth Index Fund invests all or substantially all of its assets in units of CGQD.B, which has the same portfolio advisor and objectives as the fund.

The Quality Dividend Growth Index approach identifies quality large-cap Dividend-paying companies that have the profitability and growth characteristics to be able to grow their dividends over time. The strategy uses a robust methodology that focuses on return on equity and return on assets, as well as earnings growth, and emphasizes those companies with the highest potential to continue increasing their dividends.

“This thoughtful, multi-factor strategy seeks to harness the power of growing dividends while overcoming some of the shortcomings of traditional passive index approaches, which tend to be backward-looking and susceptible to risks that include pricing bubbles and concentration risk,” said Ms. Sinopoli.

CGQD.B has a management fee of 0.45%, while CI Global Quality Dividend Growth Index Fund has a Series F management fee of 0.40% and an administration fee of 0.05%. Both carry a risk rating of Medium.

The CI Quality Dividend Growth Index Suite also includes the following ETFs and mutual funds:

• CI U.S. Quality Dividend Growth Index ETF¹ (TSX: DGR.B; DGR; DGR.U)
• CI International Quality Dividend Growth Index ETF² (TSX: IQD.B; IQD)
• CI Canada Quality Dividend Growth Index ETF³ (TSX: DGRC)
• CI U.S. Quality Dividend Growth Index Fund⁴
• CI International Quality Dividend Growth Index Hedged Fund⁵
• CI Canada Quality Dividend Growth Index Fund⁶.

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. (TSX: CIX), an integrated global asset and wealth management company with approximately $511.3 billion in assets as at July 31, 2024.

1. Formerly CI WisdomTree U.S. Quality Dividend Growth Index ETF.
2. Formerly CI WisdomTree International Quality Dividend Growth Index ETF.
3. Formerly CI WisdomTree Canada Quality Dividend Growth Index ETF.
4. Formerly CI WisdomTree U.S. Quality Dividend Growth Index Fund.
5. Formerly CI WisdomTree International Quality Dividend Growth Index Hedged Fund.
6. Formerly CI WisdomTree Canada Quality Dividend Growth Index Fund.

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. 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.

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.

"WisdomTree®" is a registered trademark of WisdomTree, Inc. and WisdomTree, Inc. has patent applications pending on the methodology and operation of its indexes. CI Global Quality Dividend Growth Index Fund, CI Global Quality Dividend Growth Index ETF, CI U.S. Quality Dividend Growth Index Fund, CI U.S. Quality Dividend Growth Index ETF, CI International Quality Dividend Growth Index Hedged Fund, CI International Quality Dividend Growth Index ETF, CI Canada Quality Dividend Growth Index Fund, and CI Canada Quality Dividend Growth Index ETF (the “Funds”) are not sponsored, endorsed, sold, or promoted by WisdomTree 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 Funds) or suitability of investing in or purchasing securities or other financial instruments or products generally, or of the Funds in particular (including, without limitation, the failure of the Funds to achieve their investment objectives) or regarding use of the WisdomTree Global Quality Dividend Growth CAD Index, WisdomTree U.S. Quality Dividend Growth Index CAD, WisdomTree U.S. Quality Dividend Growth Index USD, WisdomTree International Quality Dividend Growth Index CAD, WisdomTree Canada Quality Dividend Growth Index or any data included therein.

CI Global Asset Management is a registered business name of CI Investments Inc., a wholly owned subsidiary of CI Financial Corp. (TSX: CIX).

©CI Investments Inc. 2024. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240910925624/en/