CI Investments announced Jan. 28 that CI Liquid Alternatives are now available in an exchange traded fund structure and listed directly on the Toronto Stock Exchange.
The new ETFs are the CI Lawrence Park Alternative Investment Grade Credit ETF (common units,TSX: CRED; US$ common units,TSX: CRED.U); the CI Marret Alternative Absolute Return Bond ETF (common units,TSX: CMAR; US$ common units,TSX: CMAR.U), and the CI Munro Alternative Global Growth ETF (TSX: CMAG).
The ETFs mirror the strategies of CI's liquid alternative mutual funds, which were launched in November 2018.
"Our liquid alts are sophisticated and innovative strategies that offer distinct benefits for investor portfolios, including the potential for enhanced returns, capital preservation and reduced correlation to traditional asset classes," said Kurt MacAlpine, Chief Executive Officer of CI Financial Corp., parent company of CI. "In launching these ETFs, we are making these unique mandates and our investment management expertise available to a wider range of investors, who can choose the investment structure they prefer."
