CI Financial Corp. (TSX: CIX) is an independent, Canadian-owned wealth management company. CI offers a broad range of investment products and services, including an industry-leading selection of investment funds . CI is on the Web at www.ci.com/cix.
TORONTO, May 24, 2017 /CNW/ - CI Investments Inc. ("CI") is pleased to announce the addition of highly experienced and successful portfolio manager Peter Hofstra to its Harbour Advisors investment team. CI is also announcing portfolio management .
CI reported gross sales of $3.8 billion for the three months ended June 30, 2017, up $1.2 billion from the same quarter last year, reflecting stronger fund performance, the addition of GSFM, as well as strategic initiatives targeting key channels.
TORONTO, June 12, 2017 /CNW/ - CI Investments Inc. (the "Manager"), the manager of DDJ High Yield Fund (the " Fund ") (TSX: HYB.UN), announces that, as contemplated by the Fund's declaration of trust, the Fund is scheduled to terminate on August 15, .
Exchange-traded funds have surged in popularity thanks to their low fees and ability to trade like stocks. But mutual fund companies and other investment firms have jumped into this market with similar offerings. These new ETFs are managed by human .
Cambridge Global Asset Management, a division of CI , has been named portfolio advisor to US Equity Alpha Corporate Class and to a portion of the following multi-manager funds : Select U.S. Equity Managed Corporate Class , Select U.S. Equity Managed .
The Class C shares of a mutual fund corporation derive 100% of their value from a Canadian equity fund . Series A and B shares of Class C are available: the corporation pays to the manager of the fund a standard annual management fee in respect of the.
Discounts will apply to investment management and administration fees on the firm's core mutual fund offerings in class A (initial sales charge), class F, and a newly created class P. Discounts will be given in the same fee items for products in.
The changes will also directly affect Canada's mutual fund companies – especially those holding larger percentages of corporate class funds, such as CI Financial Corp. and Mackenzie Financial Capital Corp. "We believe the prohibition of capital gains.
The approval of securityholders of two continuing funds - CI International Value Corporate Class and Select 100e Managed Portfolio Corporate Class - is also required. CI expects to mail meeting materials to securityholders in September and meetings to vote.