TORONTO – (BUSINESS WIRE– CI Global Asset Management (“CI GAM”) today announced the launch of the CI Gold Bullion Fund (the “ETF”) ETF C $ Unhedged series. This new series is traded today on the Toronto Stock Exchange under the ticker symbol VALT.B.
ETF US $ Series Shares and ETF C $ Hedged Series Shares currently trade under the ticker symbols VALT.U and VALT, respectively.
The CI Gold Bullion Fund seeks to buy and hold substantially all of its assets in bullion and to reflect the performance of the gold price as represented by the LBMA Gold Price PM, less the cost of the ETF.
Information on 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 available on the Internet at www.ci.com. CI GAM is a subsidiary of CI Financial Corp. (TSX: CIX, NYSE: CIXX), an independent company offering global wealth management and asset management advice effective February 28, 2021 with total assets of approximately $ 236.5 billion.
Commissions, subsequent commissions, management fees and expenses may be associated with an investment in mutual funds and exchange traded funds (ETFs). Please read the prospectus before investing. Important information about the ETF can be found in its prospectus. ETFs are not guaranteed; Your values change frequently, and past performance may not be repeated. Typically, you pay brokerage fees to your dealer when you buy or sell shares in an ETF on recognized Canadian exchanges. If the Shares are bought or sold on these Canadian stock exchanges, investors may pay more than the current Net Asset Value when buying Shares in the ETF and may receive less than the current Net Asset Value when selling.
This announcement is intended as a general source of information and should not be construed as personal, legal, accounting, tax, or investment advice, or as endorsement or recommendation of any company or security discussed. Individuals may want to seek professional advice regarding a particular investment. Investors should consult their professional advisers before making any changes to their investment strategies.
CI Global Asset Management is a registered company name of CI Investments Inc.
© CI Investments Inc. 2021. All rights reserved.