CI Global Asset Management Announces Additional Reinvested Distribution for CI U.S. Money Market ETF
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CI Global Asset Management (“CI GAM”) announces an additional reinvested distribution (the “Reinvested Distribution”) for CI U.S. Money Market ETF (TSX: UMNY.U). The Reinvested Distribution will be reinvested on or about January 3, 2025 to unitholders of record on December 31, 2024.
This Reinvested Distribution is in addition to the annual reinvested capital gains distribution announced on December 30, 2024. The Reinvested Distribution will not be paid in cash but will be reinvested and the resulting units immediately consolidated, so that the number of units held by each investor will not change.
Fund Name |
Trading Symbol |
Reinvested Distribution Amount (to
|
Distribution
|
CI U.S. Money Market ETF |
UMNY.U |
US$0.1499 |
0.30% |
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 www.ci.com. CI Global Asset Management is a subsidiary of CI Financial Corp. (TSX: CIX), an integrated global asset and wealth management company with $532.7 billion in total assets as of November 30, 2024.
Commissions, trailing commissions, management fees and expenses all may be associated with an investment in mutual funds and exchange-traded funds (ETFs). Please read the prospectus before investing. In the case of Money Market Funds note that mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. Important information about mutual funds and ETFs is contained in their respective prospectus. Mutual funds and ETFs are not guaranteed; their values change frequently, and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on recognized Canadian exchanges. If the units are purchased or sold on these Canadian exchanges, 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.
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. Every effort has been made to ensure that the material contained in this document is accurate at the time of publication. 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.
The CI Exchange-Traded Funds (ETFs) are managed by CI Global Asset Management, a wholly owned subsidiary of CI Financial Corp. (TSX: CIX). CI Global Asset Management is a registered business name of CI Investments Inc.
©CI Investments Inc. 2025. All rights reserved.
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