CI Global Asset Management Announces Risk Rating Change for CI Floating Rate Income Fund

Article content

Article content

TORONTO — CI Global Asset Management (“CI GAM”) today announced that the risk rating of CI Floating Rate Income Fund (the “Fund”) has been changed to “Low” from “Low-to-Medium,” effective immediately. The change applies to all mutual fund series and the ETF C$ Series (TSX: CFRT).

Article content

Article content

The risk rating change is based on the risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds, including ETFs. CI GAM 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. This change is the result of ongoing internal reviews and not the result of any changes to the investment objectives, strategies or management of the fund.

Article content

Article content

In addition, the Fund’s reference index has been changed to better align with its overall risk profile and asset mix. The new reference index is a blend of Morningstar LSTA U.S. Leveraged Loan 100 Index (CAD-Hedged) (50%), ICE BofA 0-3 Year U.S. High Yield Index (CAD-Hedged) (25%), and FTSE Canada Short Term Corporate Bond Index (25%).

Article content

Article content

CI Floating Rate Income Fund has been recognized for outstanding performance, having received a 2025 FundGrade A+® Award in the Floating Rate Loan category.

Article content

About CI Global Asset Management

Article content

CI Global Asset Management (“CI GAM”) is one of Canada’s leading investment management firms, providing a comprehensive suite of solutions – including mutual funds, exchange-traded funds and alternative investments – to help Canadians achieve their financial goals. Founded in 1965, CI GAM has built an enduring legacy of innovation, disciplined portfolio management and commitment to investor success. We partner with financial advisors, wealth management firms and institutions to serve more than 1.3 million investors. CI GAM is a subsidiary of Toronto-based CI Financial Corp., a diversified global asset and wealth management company. For more information, visit www.ci.com or follow us on LinkedIn.

Article content

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund and exchange-traded fund (ETF) investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compound total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. 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. Returns of the Index do not represent the ETF’s returns. An investor cannot invest directly in the Index. Performance of the ETF is expected to be lower than the performance of the Index.

Article content

Article content

CI Floating Rate Income Fund has received a FundGrade A+® Award for the year 2025 in the CIFSC Floating Rate Loan category, out of 15 funds. The FundGrade Start Date was December 31, 2017, and the FundGrade Calculation Date was December 31, 2025. Performance for CI Floating Rate Income Fund Series F for the period ended December 31, 2025 is as follows: 1 year, 4.1%; 3 years, 7.6%; 5 years, 6.0%; and since inception, 4.8% (2017-05-01).

Article content

About the FundGrade A+® Awards Methodology

Article content

FundGrade A+^® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+^® Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+^® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+^® uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+^® Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.

Article content

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.

Article content

The CI Exchange-Traded Funds are managed by CI Global Asset Management, a wholly owned subsidiary of CI Financial Corp.

Article content

CI Global Asset Management is a registered business name of CI Investments Inc.

Article content

©CI Investments Inc. 2026. All rights reserved.

Article content

Article content

Article content

Article content

View source version on businesswire.com:

Article content

Article content

Article content

Contacts

Article content