TSX Symbol: CIX
TORONTO, Sept. 10, 2012 /CNW/ - CI Investments Inc. ("CI") announced today that it has completed the merger of 18 mutual funds into other funds in the CI lineup.
The mergers have helped to streamline and simplify the CI lineup, while maintaining a wide choice of investment options for Canadians. With the mergers, the Castlerock funds, which had been operated separately from the CI funds, have been fully integrated into the lineup. CI will now no longer use the Castlerock brand name.
The following mergers have been completed:
|Terminated Fund||Continuing Fund|
|CI Value Trust Corporate Class||Cambridge American Equity Corporate Class|
|Lakeview Disciplined Leadership U.S. Equity Fund||Cambridge American Equity Corporate Class|
|CI International Balanced Fund||Signature Global Income & Growth Fund|
|CI International Balanced Corporate Class||Signature Global Income & Growth Corporate Class|
|CI European Fund||Signature International Corporate Class|
|CI European Corporate Class||Signature International Corporate Class|
|Signature Mortgage Fund||Signature Short-Term Bond Fund|
|Castlerock Canadian Stock Fund||Cambridge Canadian Equity Corporate Class|
|Castlerock Canadian Balanced Fund||Signature Canadian Balanced Fund|
|Castlerock Total Return Fund||Signature Income & Growth Fund|
|Castlerock Global High Income Fund||Signature Corporate Bond Fund|
|Castlerock Canadian Bond Fund||Signature Canadian Bond Fund|
|Castlerock Canadian Money Market Fund||CI Money Market Fund|
|Castlerock Canadian Value Fund||CI Canadian Investment Corporate Class|
|Castlerock Conservative Portfolio||Portfolio Series Conservative Fund|
|Castlerock Balanced Portfolio||Portfolio Series Conservative Balanced Fund|
|Castlerock Balanced Growth Portfolio||Portfolio Series Balanced Growth Fund|
|Castlerock Growth Portfolio||Portfolio Series Growth Fund|
CI will not be proceeding with the proposed merger of CI Japanese Corporate Class into CI Pacific Corporate Class. Instead, CI will close CI Japanese Corporate Class to all investments, effective after the close of business on September 28, 2012.
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 $94.5 billion in assets as of August 31, 2012.
SOURCE: CI Investments Inc.
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