TORONTO, Aug. 24, 2018 /CNW/ - CI Investments Inc. ("CI") announced today it is calling a meeting of the unitholders of Cambridge Balanced Yield Pool, to be held on October 18, 2018, to approve a change to the investment objective of the fund to focus on writing put options primarily on select equity securities, as well as exchange-traded funds and broad-based indices.
In connection with the change in the objectives, the name of the fund will also be changed to Cambridge Put Write Pool. If approved, the changes will take effect on or about October 19, 2018.
Unitholders of the fund will receive meeting materials in late September detailing the investment objective change proposal. More information will also be available in the amendment to the simplified prospectus of the fund to be filed in connection with these changes. These documents will be available at www.sedar.com and www.ci.com.
About CI Investments – Canada's Investment Company
CI Investments 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 is a subsidiary of CI Financial Corp. (TSX: CIX), an independent, Canadian-owned wealth management firm with $182.8 billion in fee-earning assets as of July 31, 2018.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
SOURCE CI Financial Corp.
For further information: Murray Oxby, Vice-President, Communications, CI Investments, (416) 681-3254, [email protected]