Company Announcements

New series offers expanded access to highly rated mandate

TORONTO--(BUSINESS WIRE)--Jun. 11, 2024-- CI Global Asset Management(“CI GAM”) announces that CI U.S. Quality Dividend Growth Index ETF has closed its initial offering of ETF US$ Series Units, which begin trading today on the Toronto Stock Exchange (“TSX”) under the ticker DGR.U.

DGR.U seeks to track, to the extent reasonably possible, the price and yield performance of the WisdomTree U.S. Quality Dividend Growth Index USD (the “Index”) before fees and expenses.

“The Index targets high-quality, dividend-paying U.S. companies that are positioned for continued growth in earnings and dividends,” said Jennifer Sinopoli, Executive Vice-President and Head of Distribution for CI GAM.

“This strategy has a proven track record of generating strong risk-adjusted returns*, making it a compelling choice for Canadian investors seeking a low-cost core U.S. equity portfolio. With the introduction of a U.S. dollar series, we are providing expanded access to this successful ETF.”

CI U.S. Quality Dividend Growth Index ETF has been available in Canadian dollar Hedged Units (TSX: DGR) and Non-Hedged Units (TSX: DGR.B) since July 2016. DGR.B has an Overall Morningstar Rating™ of five stars and DGR has a four-star rating.**

CI U.S. Quality Dividend Growth Index ETF is part of CI GAM’s suite of “Quality Dividend Growth Index” strategies, which also include CI Canada Quality Dividend Growth Index ETF (TSX: DGRC) and CI International Quality Dividend Growth Index ETF (TSX: IQD, IQD.B), as well as three mutual funds: CI U.S. Quality Dividend Growth Index Fund, CI Canada Quality Dividend Growth Index Fund and CI International Quality Dividend Growth Index Hedged 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. It uses a forward-looking 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.

CI GAM is one of Canada’s largest ETF providers with approximately $20.7 billion in ETF assets under management (as at April 30, 2024). CI GAM’s comprehensive ETF lineup includes more than 80 ETFs spanning beta, smart beta, asset allocation, managed volatility, actively managed, liquid alternatives, digital assets, covered calls, cash management, ESG and other thematic mandates.

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 $467.9 billion in assets as at April 30, 2024.

*Performance as at May 31, 2024:

** © 2024 Morningstar Research, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Morningstar Ratings reflect performance as of May 31, 2024 and are subject to change monthly. The ratings are calculated from a fund’s 3, 5 and 10-year returns measured against 91-day Treasury bill and peer group returns. For each time period the top 10% of the funds in a category get five stars. The Overall Rating is a weighted combination of the 3, 5 and 10-year ratings. For greater detail see www.morningstar.ca .

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.

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.

CI Global Asset Management is licensed by WisdomTree, Inc. to use certain WisdomTree indexes (the “WisdomTree Indexes”) and WisdomTree marks. “WisdomTree®” is a registered trademark of WisdomTree, Inc. and WisdomTree, Inc. has patent applications pending on the methodology and operation of its indexes. The mutual funds and ETFs referring to such indexes (the “WT Licensee Products”) 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 WT Licensee Products) or suitability of investing in or purchasing securities or other financial instruments or products generally, or of the WT Licensee Products in particular (including, without limitation, the failure of the WT Licensee Products to achieve their investment objectives) or regarding use of such indexes or any data included therein.

The CI Exchange-Traded Funds are managed by CI Global Asset Management, a wholly owned subsidiary of CI Financial Corp. (TSX: CIX). CI Global Asset Management is a registered business name of CI Investments Inc.

©CI Investments Inc. 2024. All rights reserved.

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

Source: CI Global Asset Management