CI completes mutual fund mergers

TSX Symbol: CIX

TORONTO, Sept. 10, 2012 /CNW/ -  CI Investments Inc. ("CI") announced today that it has completed the merger of 18 mutual funds into other funds in the CI lineup.

The mergers have helped to streamline and simplify the CI lineup, while maintaining a wide choice of investment options for Canadians. With the mergers, the Castlerock funds, which had been operated separately from the CI funds, have been fully integrated into the lineup. CI will now no longer use the Castlerock brand name.

The following mergers have been completed:

Terminated Fund	Continuing Fund
CI Value Trust Corporate Class	Cambridge American Equity Corporate Class
Lakeview Disciplined Leadership U.S. Equity Fund	Cambridge American Equity Corporate Class
CI International Balanced Fund	Signature Global Income & Growth Fund
CI International Balanced Corporate Class	Signature Global Income & Growth Corporate Class
CI European Fund	Signature International Corporate Class
CI European Corporate Class	Signature International Corporate Class
Signature Mortgage Fund	Signature Short-Term Bond Fund
Castlerock Canadian Stock Fund	Cambridge Canadian Equity Corporate Class
Castlerock Canadian Balanced Fund	Signature Canadian Balanced Fund
Castlerock Total Return Fund	Signature Income & Growth Fund
Castlerock Global High Income Fund	Signature Corporate Bond Fund
Castlerock Canadian Bond Fund	Signature Canadian Bond Fund
Castlerock Canadian Money Market Fund	CI Money Market Fund
Castlerock Canadian Value Fund	CI Canadian Investment Corporate Class
Castlerock Conservative Portfolio	Portfolio Series Conservative Fund
Castlerock Balanced Portfolio	Portfolio Series Conservative Balanced Fund
Castlerock Balanced Growth Portfolio	Portfolio Series Balanced Growth Fund
Castlerock Growth Portfolio	Portfolio Series Growth Fund

CI will not be proceeding with the proposed merger of CI Japanese Corporate Class into CI Pacific Corporate Class. Instead, CI will close CI Japanese Corporate Class to all investments, effective after the close of business on September 28, 2012.

CI Investments Inc. is one of Canada's largest investment management companies. It offers a broad range of investment products and services, including an industry-leading selection of investment funds, and is on the Web at www.ci.com. CI is a subsidiary of CI Financial Corp. (TSX: CIX), an independent, Canadian-owned wealth management firm with approximately $94.5 billion in assets as of August 31, 2012.

 

SOURCE: CI Investments Inc.

Murray Oxby
Director, Communications
CI Investments
[phone]