NEW: CI First Asset Global Asset Allocation ETF - TSX: CGAA

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TORONTO, Aug. 12, 2019 /CNW/ - CI First Asset Exchange Traded Funds, a division of CI Investments Inc., announces that CI First Asset Global Asset Allocation ETF (the "ETF") has completed its merger with Skylon Growth & Income Trust, and its units will commence trading on the Toronto Stock Exchange today under the ticker symbol CGAA.

The ETF's investment objective is to generate income and long-term capital growth by investing in a combination of equity and fixed-income securities of countries and companies located anywhere in the world.

"The challenge of earning an adequate rate of return has become more complex over time and requires specialized knowledge and diversification," said Rohit Mehta, President of CI First Asset ETFs. "The CI First Asset Global Asset Allocation ETF, actively managed by Signature Global Asset Management, has been designed to provide investors with income and growth through exposure to multiple asset classes while quickly adapting to changing market conditions." 

The potential benefits for investors of CI First Asset Global Asset Allocation ETF include:

• Enhanced diversification: The ETF's flexible approach allows it to seek attractive opportunities across global asset classes and geographies – wherever and whenever they occur.
• True active management: Signature monitors global financial conditions to identity inflection points in the early stages of their development, allowing the team to adjust the fund's portfolio as market dynamics and asset class outlooks change.
• Portfolio management expertise: Signature has the global multi-asset capabilities and experience to navigate client capital through changing market environments.

CI First Asset ETFs
CI First Asset ETFs, a division of CI Investments Inc., is a leading provider of Exchange Traded Funds (ETFs) in Canada, offering a comprehensive suite of ETF solutions. Rooted in strong fundamentals, the diverse and specialized lineup of CI First Asset ETFs strives to deliver better risk-adjusted returns than the broad market while helping investors achieve their personal financial goals.

Signature Global Asset Management
Signature Global Asset Management manages core equity, balanced and income-oriented funds, and is CI Investments' largest in-house portfolio management group. The team of over 50 investment professionals, led by Chief Investment Officer Eric Bushell, manages over $53 billion (as at June 30, 2019) from offices in Toronto and Hong Kong.

CI Investments - Trusted Partner in Wealth^TM
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 $176.8 billion in fee-earning assets as of June 30, 2019.

Please read the prospectus before investing. Important information about the ETF is contained in its prospectus. Individuals should seek the advice of professionals, as appropriate, prior to investing. The ETF is not guaranteed, its values changes frequently, and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses all may be associated with an investment in the ETF.  You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on the TSX. If the units are purchased or sold on the TSX, 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.  The ETF is managed by CI Investments Inc., a subsidiary of CI Financial Corp., which is listed on the Toronto Stock Exchange under the symbol "CIX". ^TM First Asset and its logo are trademarks of a subsidiary of CI Financial Corp. ®CI Financial is a registered trademark of CI Investment Inc., used under license.

Signature Global Asset Management and "Trusted Partner in Wealth^TM" are trademarks of CI Investments Inc. CI Investments® and the CI Investments design are registered trademarks of CI Investments Inc. ©CI Investments Inc. 2019. All rights reserved.

Signature Global Asset Management is a division of CI Investments Inc. Certain funds associated with Signature Global Asset Management are sub-advised by CI Global Investments Inc., a firm registered with the U.S. Securities and Exchange Commission and an affiliate of CI Investments Inc.

SOURCE CI First Asset ETFs

please call CI First Asset at 416-642-1289 or 1-877-642-1289 or visit www.firstasset.com.