/C O R R E C T I O N from Source -- CI Financial Corp./

In the news release, CI Investments announces risk rating changes for several funds, issued today by CI Financial Corp. over CNW, we are advised by the company that the Signature Corporate Bond Corporate Class fund has a new risk rating of Low rather than Medium as originally issued inadvertently. The complete, corrected release follows:

CI Investments announces risk rating changes for several funds

TORONTO, July 22, 2019 /CNW/ - CI Investments Inc. ("CI") announced today the following risk rating changes for 11 funds:

Fund	Previous Risk Rating	New Risk Rating
Portfolio Series Conservative Fund	Low-to-Medium	Low
Select 60i40e Managed Portfolio Corporate Class	Low-to-Medium	Low
Cambridge Canadian Dividend Fund	Medium	Low-to-Medium
Cambridge Canadian Dividend Corporate Class	Medium	Low-to-Medium
Harbour Canadian Dividend Fund	Medium	Low-to-Medium
Cambridge U.S. Dividend Fund	Medium	Low-to-Medium
Cambridge U.S. Dividend Registered Fund	Medium	Low-to-Medium
Signature Real Estate Pool	Medium-to-High	Medium
Signature Corporate Bond Corporate Class	Low-to-Medium	Low
CI Global High Dividend Advantage Corporate Class	Medium	Low-to-Medium
U.S. Equity Small Cap Pool	Medium-to-High	Medium

 

The changes will be effective immediately. The changes are based on the risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds. CI reviews the risk rating for each of the funds it manages at least on an annual basis, as well as when a fund undergoes a material change. These changes are the result of an annual review, and are not the result of any changes to the investment objectives, strategies or management of the funds.

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 $176.7 billion in assets as of June 30, 2019.

SOURCE CI Financial Corp.

Murray Oxby, Vice-President, Communications, CI Investments, [phone], [email protected]

Related Links

http://www.ci.com/