CI Investments announces management fee changes to selected funds

TSX Symbol: CIX

TORONTO, Dec. 18, 2015 /CNW/ - CI Investments Inc. ("CI") today announced that it is reducing the maximum management fee on six funds offered in CI Private Investment Management, a program for affluent investors.

The changes, which are effective today, are as follows:

Fund	Previous maximum management fee	Revised maximum management fee
CI Income Fund, Select Income Managed Corporate Class
Class E	1.85%	1.65%
Class EF	0.85%	0.65%
Class O	0.85%	0.65%
Select 80i20e Managed Portfolio Corporate Class, Select 70i30e Managed Portfolio Corporate Class, Signature High Income Fund and Signature High Income Corporate Class
Class E	1.85%	1.75%
Class EF	0.85%	0.75%
Class O	0.85%	0.75%

CI Private Investment Management is designed for higher net worth investors and offers tiered pricing for households with larger asset levels. The program is available for a minimum investment of $100,000 per fund with tiered pricing starting at household balances of $250,000. The program offers a comprehensive selection of investment mandates in three classes (E, O and EF), and includes a wide choice of Corporate Class and T-Class options.

About CI Investments – Canada's Investment Company

CI Investments 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 is a subsidiary of CI Financial Corp. (TSX: CIX), an independent, Canadian-owned wealth management firm with $142.8 billion in assets as of November 30, 2015.

SOURCE CI Financial Corp.

Murray Oxby, Director, Communications, CI Investments, [phone], [email protected]