TORONTO, June 21, 2018 /CNW/ - CI Investments Inc. ("CI") announced today the following risk rating changes for three funds:
Fund |
Previous Risk Rating |
New Risk Rating |
Sentry Diversified Equity Fund |
Medium |
Low to medium |
Sentry Diversified Equity Class |
Medium |
Low to medium |
Sentry Global Mid Cap Income Fund |
Medium to high |
Medium |
The changes will be effective immediately. The changes result from application of an updated risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds, and are not results 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 $182.6 billion in assets as of May 31, 2018.
SOURCE CI Financial Corp.
Murray Oxby, Vice-President, Communications, CI Investments, (416) 681-3254, [email protected]
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