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01-Mar-2022

CI Global Asset Management Builds on Thematic ETF Lineup with Launch of CI Bio-Revolution and CI Digital Security ETFs

TORONTO--(BUSINESS WIRE)--$CIXX #CIGAM--CI Global Asset Management (“CI GAM”) today announced the launch of two ETFs providing exposure to rapidly growing sectors at the forefront of innovation and technological development – CI Bio-Revolution ETF and CI Digital Security ETF. The ETFs begin trading today on the Toronto Stock Exchange (“TSX”) under the tickers CDNA and CBUG, respectively.


“The new ETFs allow investors to focus on the exceptional growth potential of two dynamic, innovative sectors of the global economy – biotechnology and cybersecurity,” said Roy Ratnavel, Executive Vice-President and Head of Distribution for CI GAM. “The ETFs also offer a low management fee for thematic ETF investing of 0.40% and index provider Solactive’s unique and proprietary approach to index construction.

“With CDNA and CBUG, we continue to extend CI GAM’s extensive lineup of thematic ETFs, having in the past 12 months launched ETFs focused on cryptocurrencies, emerging markets, technology, and climate change,” Mr. Ratnavel said. “These and other new mandates, including alternative investments and the CI Beta suite of passive ETFs, demonstrate our commitment to being the premier provider of quality ETF solutions in Canada. We are continually modernizing our ETF lineup, which is already one of the largest and most comprehensive in Canada with $15.1 billion in assets under management and a broad selection of 78 passive, smart beta and actively managed mandates.”

CI Bio-Revolution ETF (“CDNA”) provides targeted exposure to companies that have the potential to be significantly transformed by advancements in genetics and biotechnology. CDNA seeks to track the price and performance of the Solactive Global Genomics Immunology and Medical Revolution CAD Hedged Index NTR.

CDNA invests in companies best positioned to capitalize on developments in areas that include health care products, genomics, life science tools and analytics, cancer treatments, and vaccine breakthroughs.

CI Digital Security ETF (“CBUG”) provides targeted exposure to the businesses at the forefront of fortifying and protecting networks and systems from cyber threats. CBUG seeks to track the price and performance of the Solactive Digital Security CAD Hedged Index NTR.

CBUG invests in companies that will benefit from the increased adoption of cybersecurity technology, including those involved in digital security technologies, digital security management, digital security software, and digital security platforms.

The selection of companies for the ETFs’ underlying indexes is done using ARTIS®, Solactive’s proprietary natural language processing algorithm that identifies thematic exposures of companies. ARTIS represents a ground-breaking innovation within the industry, functioning as a multidimensional classification tool that generates a deeper understanding of the products and services a company offers, especially when dealing with multiple markets and various product lines.

Introducing Hedged US$ Common Units for CI covered call ETFs

CI GAM also announced that Hedged US$ Common Units for four covered call ETFs are expected to begin trading on the TSX on or about March 8, 2022, subject to TSX approval. The ETFs and the tickers for the new Hedged US$ Common Units are as follows:

  • CI Gold+ Giants Covered Call ETF (CGXF.U)
  • CI Health Care Giants Covered Call ETF (FHI.U)
  • CI Energy Giants Covered Call ETF (NXF.U)
  • CI Tech Giants Covered Call ETF (TXF.U).

The introduction of U.S. dollar units offers advisors and investors additional choices in selecting investment solutions that meet their individual needs.

About CI Global Asset Management

CI Global Asset Management 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 Global Asset Management is a subsidiary of CI Financial Corp. (TSX: CIX, NYSE: CIXX), an integrated global asset and wealth management company with approximately $372.5 billion in assets as of January 31, 2021.

Commissions, management fees and expenses all may be associated with an investment in ETFs. 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. Please read the prospectus before investing. Important information about an exchange-traded fund (ETF) is contained in its prospectus. ETFs are not guaranteed; their values change frequently and past performance may not be repeated.

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.

This document contains forward-looking statements concerning anticipated future events, results, circumstances, performance or expectations with respect to CI Financial Corp. (“CI”) and its products and services, including its business operations, strategy and financial performance and condition. Forward-looking statements are typically identified by words such as “believe”, “expect”, “foresee”, “forecast”, “anticipate”, “intend”, “estimate”, “goal”, “plan” and “project” and similar references to future periods, or conditional verbs such as “will”, “may”, “should”, “could” or “would”. These statements are not historical facts but instead represent management beliefs regarding future events, many of which by their nature are inherently uncertain and beyond management’s control. Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements involve risks and uncertainties. The material factors and assumptions applied in reaching the conclusions contained in these forward-looking statements include that all announced transactions will be completed and that assets levels do not decline prior to completion, the investment fund industry will remain stable and that interest rates will remain relatively stable. Factors that could cause actual results to differ materially from expectations include, among other things, general economic and market conditions, including interest and foreign exchange rates, global financial markets, changes in government regulations or in tax laws, industry competition, technological developments and other factors described or discussed in CI’s disclosure materials filed with applicable securities regulatory authorities from time to time. The foregoing list is not exhaustive and the reader is cautioned to consider these and other factors carefully and not to place undue reliance on forward-looking statements. Other than as specifically required by applicable law, CI undertakes no obligation to update or alter any forward-looking statement after the date on which it is made, whether to reflect new information, future events or otherwise.

Solactive AG ("Solactive") is the licensor of the indexes. The financial instruments that are based on the Indexes are not sponsored, endorsed, promoted or sold by Solactive in any way and Solactive makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability in investing in the financial instruments; (b) the quality, accuracy and/or completeness of the Index; and/or (c) the results obtained or to be obtained by any person or entity from the use of the Indexes. Solactive reserves the right to change the methods of calculation or publication with respect to the Indexes. Solactive shall not be liable for any damages suffered or incurred as a result of the use (or inability to use) of the Indexes.

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

©CI Investments Inc. 2022. All rights reserved.


Contacts

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

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Last Updated: 01-Mar-2022