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TORONTO , May 13, 2020 /CNW/ - CI Investments Inc. announces the following regular cash distributions for the month ending May 31, 2020 in respect of CI First Asset ETFs. In all cases, the distribution will be paid on or before May 29, 2020 , to unitholders of record on May 25, 2020 . The ex-dividend date for all ETFs is May 22, 2020 , with the exception of CI First Asset High Interest Savings ETF which has an ex-dividend date of May 25, 2020 .
CI First Asset Canadian Convertible Bond ETF
CI First Asset Active Utility & Infrastructure ETF
CI First Asset Active Credit ETF
CI First Asset Active Canadian Dividend ETF
CI First Asset Short Term Government Bond Index Class ETF
CI First Asset Investment Grade Bond ETF
CI First Asset Long Duration Fixed Income ETF
CI First Asset Preferred Share ETF
CI First Asset Enhanced Short Duration Bond ETF
CI First Asset Canadian REIT ETF
CI First Asset Global Asset Allocation ETF
CI First Asset High Interest Savings ETF
CI Lawrence Park Alternative Investment Grade Credit ETF
CI Marret Alternative Absolute Return Bond ETF
Supporting Investors' Needs
Stay in the market, minimize costs, and take advantage of a smart, simple and efficient feature designed to support investors' needs. The CI First Asset Distribution Reinvestment Plan (DRIP) will automatically reinvest cash distributions into the CI First Asset ETF making the distribution. All of the distributions indicated in the table above will be paid in cash unless the unitholder has enrolled in the applicable DRIP of the respective ETF. A copy of the Distribution Reinvestment Plan is available at www.firstasset.com.
CI First Asset ETFs
CI First Asset ETFs, a division of CI Investments Inc., a leading provider of ETFs in Canada , offers a comprehensive suite of ETF solutions. Rooted in strong fundamentals, the diverse and specialized lineup of CI First Asset ETFs strive to deliver better risk-adjusted returns than the broad market while helping investors achieve their personal financial goals. CI First Asset ETFs are managed by CI Investments Inc. CI Investments Inc. is a subsidiary of CI Financial Corp. (CIX.TO), an independent, Canadian-owned wealth management firm.
This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase CI First Asset ETFs and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus before investing. 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 the TSX or the NEO Exchange. If the units are purchased or sold on the TSX or the NEO Exchange, 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.
SOURCE CI First Asset ETFs
View original content: http://www.newswire.ca/en/releases/archive/May2020/13/c4604.html