TORONTO--(BUSINESS WIRE)--

Please replace the release with the following corrected version due to revisions to the table of portfolio management appointments.

The updated release reads:

CI GLOBAL ASSET MANAGEMENT CONTINUES INTEGRATION OF ITS GLOBAL INVESTMENT PLATFORM WITH TEAM-BASED APPROACH TO DIVIDEND AND CANADIAN EQUITY STRATEGIES

(“CI GAM”) today announced portfolio management appointments to selected dividend and Canadian equity funds in the latest steps in the evolution of its integrated global investment platform.

“These appointments demonstrate the benefits of CI GAM’s move to integrate its investment management teams,” said Kurt MacAlpine, Chief Executive Officer of CI Financial, CI GAM’s parent company. “We are leveraging a wider range of talent and expertise to support these mandates and ensuring that our clients benefit from the full range of CI GAM’s extensive resources and experience in investment management.”

The company announced in November 2020 that it would be integrating its in-house boutique investment teams into one team operating under the CI Global Asset Management brand. Portfolio managers and analysts are being aligned by investment strategy rather than by investment boutique. The integration is allowing for greater collaboration and sharing of ideas and best practices across the organization and a significant increase in the depth and breadth of CI GAM’s research coverage.

“We believe the transition to an integrated platform, with its increasingly free flow of information and exchange of research and insights among our investment professionals, has contributed to the improving relative performance of CI funds in recent quarters,” Mr. MacAlpine said.

The appointments, which are effective today, are listed in the table below. CI GAM is adding portfolio managers with specific experience in those mandates and sectors to selected dividend and Canadian equity funds.

They include:

• Peter Hofstra, CFA, who has over 18 years of investment management experience and joined CI GAM in 2017. He is also Lead Portfolio Manager of CI North American Dividend Fund and CI Canadian Investment Fund and co-manager of Cambridge Canadian Equity Fund and Cambridge Canadian Equity Corporate Class.

• Bryan Brown, CA, CPA, CFA, who has more than 15 years of financial industry experience and focuses on North American dividend and income-paying equity securities. He is Lead Portfolio Manager of Sentry All Cap Income Fund and Co-Manager of Sentry Canadian Income Fund. Bryan is also a member of the User Advisory Council, which assists the Accounting Standards Board in developing high-quality accounting standards.

• Danesh Rohinton, who joined CI GAM in 2013 and previously worked at BMO Capital Markets as a research associate covering U.S. banks. He is co-manager of Cambridge Global Dividend Fund and Cambridge Global Dividend Corporate Class.

• Bunty Mahairhu, CFA, who has 13 years’ industry experience and joined CI GAM in 2016. His focus is financials and real estate investment trusts.

• Greg Quickmire, CFA, who has seven years of investment experience and specializes in the health care, media and telecommunications sectors.

• Jeremy Rosa, CFA, who has 10 years of investment experience and focuses on the technology sector.

The portfolio management appointments are as follows:

About CI Global Asset Management

CI Global Asset Management 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 . CI GAM is a subsidiary of (TSX: CIX, NYSE: CIXX), an independent company offering global asset management and wealth management advisory services with approximately $287.5 billion in total assets as at April 30, 2021.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase mutual funds managed by CI Global Asset Management and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies. These investments may not be suitable to the circumstances of an investor. Some conditions apply.

CI Global Asset Management is a registered business name of CI Investments Inc. ©CI Investments Inc. 2021. All rights reserved.

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