CI Investments completes fund mergers


    TSX SYMBOL: CIX

    TORONTO, Aug. 17 /CNW/ - CI Investments Inc. ("CI") announced today that
it has completed the merger of 16 mutual funds into other funds in the CI
lineup.
    With the mergers, which became effective after the close of business
Friday, August 14, CI has streamlined and simplified its lineup while
continuing to offer a broad selection of investment funds.
    The mergers took place as follows:-------------------------------------------------------------------------
    Terminated Fund                      Continuing Fund
    -------------------------------------------------------------------------
    Blackmont Corporate Bond Fund        Signature Corporate Bond Corporate
                                         Class
    -------------------------------------------------------------------------
    CI Global Balanced Corporate Class   CI International Balanced Corporate
                                         Class
    -------------------------------------------------------------------------
    CI Global Biotechnology Corporate    CI Global Health Sciences Corporate
    Class                                Class
    -------------------------------------------------------------------------
    CI Global Consumer Products          CI Global Value Corporate Class
    Corporate Class
    -------------------------------------------------------------------------
    CI Global Financial Services         CI Global Value Corporate Class
    Corporate Class
    -------------------------------------------------------------------------
    Knight Bain Canadian Bond Fund       Signature Canadian Bond Fund
    -------------------------------------------------------------------------
    Knight Bain Corporate Bond Fund      Signature Canadian Bond Fund
    -------------------------------------------------------------------------
    Knight Bain Diversified Monthly      Signature Global Income & Growth
    Income Fund                          Fund
    -------------------------------------------------------------------------
    Knight Bain Pure Canadian Equity     Signature Select Canadian Fund
    Fund
    -------------------------------------------------------------------------
    Knight Bain Small Cap Fund           CI Can-Am Small Cap Corporate Class
    -------------------------------------------------------------------------
    Signature Canadian Asset Allocation  Signature Canadian Balanced Fund
    Fund
    -------------------------------------------------------------------------
    Synergy Canadian Style Management    Synergy Canadian Corporate Class
    Corporate Class
    -------------------------------------------------------------------------
    Synergy Focus Canadian Equity Fund   Synergy Canadian Corporate Class
    -------------------------------------------------------------------------
    Synergy Focus Global Equity Fund     Synergy Global Corporate Class
    -------------------------------------------------------------------------
    Synergy Global Style Management      Synergy Global Corporate Class
    Corporate Class
    -------------------------------------------------------------------------
    Signature Long-Term Bond Fund        Signature Canadian Bond Fund
    -------------------------------------------------------------------------Where required, the mergers were approved by securityholders in meetings
held on August 10, 2009.
    In addition, securityholders of Signature Corporate Bond Fund and
Signature Corporate Bond Corporate Class approved a change in the funds'
investment objectives to permit increased exposure to investment-grade
corporate bonds and to remove the restriction to invest mainly in Canadian
securities. Effective July 1, 2009, CI reduced the annual management fees of
the two funds to 1.70% from 2.0% for Class A, and to 0.85% from 1.50% for
Class F.

    CI Investments Inc. is one of Canada's largest investment management
companies. It offers a broad range of investment products and services,
including an industry-leading selection of investment funds, 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 approximately $89.5
billion in fee-earning assets as of July 31, 2009.




For further information: Murray Oxby, Director, Communications, CI
Investments Inc., (416) 681-3254