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Globe and Mail
14-08-2025
- Business
- Globe and Mail
CI Global Asset Management Announces August 2025 Distributions for the CI ETFs
CI Global Asset Management ('CI GAM') announces the following regular cash distributions for the month ending August 31, 2025 in respect of the CI ETFs. In all cases, the distribution will be paid on or before August 29, 2025 to unitholders of record on August 25, 2025. The ex-dividend date for all ETFs is August 25, 2025. Trading Symbol Distribution Amount (per unit) CI Canadian Aggregate Bond Index ETF CAGG $0.1313 CI Canadian Short-Term Aggregate Bond Index ETF CAGS $0.1263 CI U.S. Aggregate Bond Covered Call ETF CCBD $0.0889 CI DoubleLine Total Return Bond US$ Fund (ETF Series) CDLB $0.0554 CDLB.B $0.0559 CDLB.U US$0.0567 CI Floating Rate Income Fund (ETF Series) CFRT $0.0828 CI Global Asset Allocation Private Pool (ETF Series) CGAA $0.0372 CI High Yield Bond Private Pool ( formerly CI Global High Yield Credit Private Pool) (ETF Series) CGHY $0.0477 CGHY.U US$0.0488 CI Global Investment Grade ETF CGIN $0.0955 CGIN.U US$0.0241 CI Global Real Asset Private Pool (ETF Series) CGRA $0.0770 CI Global Green Bond Fund (ETF Series) CGRB $0.0427 CGRB.U US$0.0426 CI Global REIT Private Pool (ETF Series) CGRE $0.0860 CI Global Sustainable Infrastructure Fund (ETF Series) CGRN $0.0500 CGRN.U US$0.0500 CI Global Short-Term Bond Fund (ETF Series) CGSB $0.0591 CI Canadian Banks Covered Call Income Class ETF CIC $0.0656 CI Global Infrastructure Private Pool (ETF Series) CINF $0.0690 CI Marret Alternative Absolute Return Bond Fund (ETF Series) CMAR $0.0670 CMAR.U US$0.0670 CI Alternative Diversified Opportunities Fund (ETF Series) CMDO $0.0640 CMDO.U US$0.0640 CI Marret Alternative Enhanced Yield Fund (ETF Series) CMEY $0.0720 CMEY.U US$0.0720 CI Money Market ETF CMNY $0.1166 CI Alternative Investment Grade Credit Fund (ETF Series) CRED $0.0500 CRED.U US$0.0500 CI High Interest Savings ETF CSAV $0.1071 CI U.S. Treasury Inflation-Linked Bond Index ETF (CAD Hedged) CTIP $0.0472 CI Global Unconstrained Bond Fund (ETF Series) CUBD $0.0619 CI Canadian Convertible Bond ETF CXF $0.0400 CI Investment Grade Bond ETF FIG $0.0320 FIG.U US$0.0248 CI Preferred Share ETF FPR $0.0768 CI Enhanced Short Duration Bond Fund (ETF Series) FSB $0.0320 FSB.U US$0.0320 CI ONE North American Core Plus Bond ETF ONEB $0.0625 CI Canadian REIT ETF RIT $0.0675 CI U.S. Money Market ETF UMNY.U US$0.1799 Supporting investors' needs Stay in the market, minimize costs, and take advantage of a smart, simple and efficient feature designed to support investors' needs. The CI Distribution Reinvestment Plan (DRIP) will automatically reinvest cash distributions into the CI ETF making the distribution. All of the distributions indicated in the table above will be paid in cash unless the unitholder has enrolled in the applicable DRIP of the respective ETF. For more information on how to enroll in DRIP and other considerations, please see the applicable ETF's prospectus. 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 Global Asset Management is a subsidiary of CI Financial Corp., an integrated global asset and wealth management company with $550.9 billion in total assets as at June 30, 2025. 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. CI Liquid Alternative investment funds have the ability to invest in asset classes or use investment strategies that are not permitted for conventional mutual funds. The specific strategies that differentiate these investment funds from conventional fund structure include increased use of derivatives for hedging and non-hedging purposes; increased ability to sell securities short; and the ability to borrow cash to use for investment purposes. While these strategies will be used in accordance with the investment funds' investment objectives and strategies, during certain market conditions they may accelerate the pace at which your investment decreases in value. 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. Certain statements in this document are forward-looking. Forward-looking statements ('FLS') are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as 'may,' 'will,' 'should,' 'could,' 'expect,' 'anticipate,' 'intend,' 'plan,' 'believe,' or 'estimate,' or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are by their nature based on numerous assumptions. Although the FLS contained herein are based upon what CI Global Asset Management and the portfolio manager believe to be reasonable assumptions, neither CI Global Asset Management nor the portfolio manager can assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise. The CI Exchange-Traded Funds (ETFs) are managed by CI Global Asset Management, a wholly owned subsidiary of CI Financial Corp. (TSX: CIX). One Capital Management, LLC, Marret Asset Management Inc., and DoubleLine Capital LP are portfolio sub-advisors to certain funds offered and managed by CI Global Asset Management. Marret Asset Management Inc. is an affiliate of CI Global Asset Management.
Gulf Insider
14-08-2025
- Business
- Gulf Insider
GCC Asset Management Soars 9% to $2.2tn
The GCC's asset management industry surged to $2.2tn in Assets under Management (AuM) in 2024, marking a 9 per cent year-on-year increase, according to Boston Consulting Group's (BCG) latest Global Asset Management report. Saudi Arabia and the UAE were the key growth engines in the retail mutual fund sector, while Kuwait and Abu Dhabi's sovereign wealth funds (SWFs) managed the largest asset volumes in the region. Lukasz Rey, Managing Director and Partner and Middle East Head of Financial Institutions at BCG, said: 'The next decade's leaders will be those who redefine their future, not just endure challenges. The region's 9 per cent AuM growth in 2024 underscores its rising prominence as a hub for institutional and retail capital. 'With Saudi Arabia and the UAE anchoring regional momentum, the GCC's strategic diversification and SWF dominance signal a future where local asset managers could rival global giants. 'Recent market volatility offers a chance for change, prompting asset managers to move from recovery to innovation – reimagining value delivery, client engagement, and business operations.' BCG's findings show that revenue growth in 2024 was driven primarily by market performance rather than fresh inflows, leaving the sector exposed to global volatility. Fee compression, shifting investor preferences, and rapid digital disruption are now pushing firms to overhaul business models, cut costs, and adopt technology-led strategies. The report identifies three forces transforming the global and regional asset management industry: Product innovation and retail access to private assets: Asset managers are targeting new opportunities in active exchange-traded funds (ETFs), model portfolios, and separately managed accounts. A major growth area is retail access to private markets, where semi-liquid private asset funds have grown more than fivefold in four years to over $300bn Consolidation and digital transformation: Mergers, acquisitions, and strategic partnerships are accelerating as firms scale operations and invest in technology. Managers with more than $300bn in AuM are leveraging efficiencies, while smaller players are adopting leaner operating models Cost discipline and AI adoption: Generative AI is being deployed across the front, middle, and back offices, streamlining processes and enabling more efficient management of complex asset classes like alternatives and illiquids Mohammad Khan, Managing Director and Partner at BCG, said: 'The GCC's asset management industry has demonstrated remarkable resilience and strategic growth, achieving $2.2tn in Assets Under Management (AuM) in 2024. 'With Saudi Arabia and the UAE driving retail mutual fund expansion and Kuwait and Abu Dhabi leading in sovereign wealth fund dominance, the region is steadily establishing itself as a global financial powerhouse. 'As highlighted in BCG's research, this growth reflects not only recovery but a strategic pivot towards innovation and operational excellence. 'The next decade will be defined by asset managers who prioritise client-centric transformation, technological advancement, and leaner business models, positioning the GCC as a formidable force capable of rivalling global industry leaders.' Nabil Saadallah, Managing Director and Partner at BCG, said: 'While currency adjustments and methodology revisions cloud historical comparisons, the consistency of 9 per cent annual growth across the region and GCC reveals a resilient market. 'Pension funds and SWFs, led by Saudi and Kuwaiti institutions, are quietly reshaping the region's financial architecture, blending tradition with global asset management rigor. 'Notably, cost discipline is now a strategic focus with firms prioritizing unique value creation, embracing lean practices, and investing heavily in transformative technologies.'Also read: Saudi Gaming Market Surges With 2.4m Consoles Imported Amid Esports Boom
Globe and Mail
13-08-2025
- Business
- Globe and Mail
RBC Global Asset Management Inc. announces final details on maturity of RBC Target 2025 Canadian Government Bond ETF, RBC Target 2025 Canadian Corporate Bond Index ETF and RBC Target 2025 U.S. Corporate Bond ETF
TORONTO, /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced final details regarding the scheduled maturity of RBC Target 2025 Canadian Government Bond ETF (TSX: RGQN), RBC Target 2025 Canadian Corporate Bond Index ETF (TSX: RQN) and RBC Target 2025 U.S. Corporate Bond ETF (TSX: RUQN) (TSX: RUQN.U) (together, the "Maturing ETFs").
Globe and Mail
31-07-2025
- Business
- Globe and Mail
RBC Global Asset Management Inc. announces July 2025 cash distributions for ETF Series of RBC Funds
TORONTO, July 31, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced July 2025 cash distributions for unitholders of ETF Series of RBC Funds, as follows:
Globe and Mail
11-07-2025
- Business
- Globe and Mail
RBC Global Asset Management Inc. announces June sales results for RBC Funds, PH&N Funds and BlueBay Funds
TORONTO, July 11, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced June mutual fund net sales of $690 million. Long-term funds had net sales of $582 million and money market funds had net sales of $108 million. Mutual fund assets under management increased by 2.1 percent since last month.
