CI Investments Inc. announced Sept. 24 that its Sentry-branded investment funds have been switched to CI's administrative platform. The company says this move will give investors and advisors more choice and will make it easier to do business with CI.

Sentry Investments Inc. was acquired by CI Financial Corp. in October 2017. The conversion of Sentry-branded funds to the CI platform marks the final step in the integration of the former Sentry Investments into CI, says the company.

"Investors now have the ability to seamlessly switch among the wide range of funds, managed solutions and investment platforms offered by CI," said Roy Ratnavel, Executive Vice-President and Head of Sales for CI. "A single back-office point of contact also makes it easier for investors and advisors to invest with us."

Preferred pricing

"Investors will also benefit from a pricing perspective, as eligible investments in CI and Sentry funds can be aggregated to qualify for further fee reductions on Sentry funds and to qualify for CI Preferred Pricing on CI funds," Ratnavel said. "CI Preferred Pricing is also being enhanced next month with a reduced minimum investment requirement."

Current investors in the Sentry funds will continue to have access to existing services, including Sentry's preferred pricing program, as well as fixed administration fees, which have replaced variable operating expenses.