TORONTO–(BUSINESS WIRE)–CI Global Asset Management (“CI GAM”) today announced proposed changes to its First Asset-branded mutual funds, including fund mergers and the introduction of fixed administration fees.
In addition, the previously announced mergers of three liquid alternative exchange-traded funds (“ETFs”) into other liquid alternative investment funds with identical mandates were completed after the close of business on January 15, 2021. The ticker symbols of each series of the terminating ETFs have been carried over to the corresponding ETF series of the continuing funds, which begin trading today on the Toronto Stock Exchange (the “TSX”).
First Asset mutual funds
CI GAM plans to merge two First Asset…