CI provides update on mergersBy The IJ Staff | July 20 2020 03:34PM
CI Investments provided an update on several previously announced investment fund mergers on July 20.
The merger of CI First Asset Global Asset Allocation ETF into CI Global Asset Allocation Private Pool has been completed. The continuing fund now offers both mutual fund and ETF series.
The merger of CI High Interest Savings Fund into CI First Asset High Interest Savings ETF will not proceed, nor will a previously announced name change for CI First Asset High Interest Savings ETF.
The merger of CI First Asset MSCI World ESG Impact ETF into CI MSCI World ESG Impact Fund will not proceed.
CI says no action is required by investors in the investment funds as a result of these developments.