TSX Symbol: CIX
TORONTO, Oct. 8, 2015 /CNW/ - CI Investments Inc. ("CI") has completed the merger of CI Alpine Growth Equity Fund into CI Canadian Small/Mid Cap Fund. Unitholders of CI Alpine Growth Equity Fund received an equivalent dollar amount of units in CI Canadian Small/Mid Cap Fund at the close of business on September 25, 2015, and CI Alpine Growth Equity Fund was terminated.
CI also announced that other proposed fund mergers will be rescheduled to next year. CI is proposing to merge CI U.S. Equity Plus Fund into Cambridge American Equity Corporate Class, and to merge Signature Diversified Yield Fund into Signature Diversified Yield II Fund, no later than December 15, 2016, subject to any necessary unitholder or regulatory approval. As required, CI will announce the date for unitholder meetings at an appropriate time.
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 $138.5 billion in assets as of September 30, 2015.
SOURCE CI Financial Corp.
For further information: Murray Oxby, Director, Communications, CI Investments, (416) 681-3254