CI Global Asset Management Sets September 2024 ETF Distributions

Distributions Overview for September 2024 by CI Global Asset Management

CI Global Asset Management has unveiled its cash distributions for its line of Exchange Traded Funds (ETFs) for the month ending September 30, 2024. The distributions, pivotal for investors, will be executed on or before September 27, 2024, to unitholders of record on September 23, 2024. The ex-dividend date for all ETFs has been stipulated as September 23, 2024, a date essential for investors looking to benefit from these distributions.

Highlighting CI ETFs Distributions

The upcoming distribution announcements encompass a variety of ETFs tailored to meet diverse investment strategies:

Major CI ETFs and Their Distribution Amounts

Here's a consolidated view of notable ETFs alongside their respective distribution amounts per unit:

• CI 1-5 Year Laddered Government Strip Bond Index ETF (BXF): $0.0725
• CI Canadian Aggregate Bond Index ETF (CAGG): $0.1116
• CI Canadian Short-Term Aggregate Bond Index ETF (CAGS): $0.2066
• CI Balanced Asset Allocation ETF (CBAL): $0.1595
• CI Galaxy Blockchain Index ETF (CBCX): $0.0000
• CI Balanced Growth Asset Allocation ETF (CBGR): $0.1602
• CI Balanced Income Asset Allocation ETF (CBIN): $0.1735
• CI Digital Security Index ETF (CBUG): $0.0193
• CI U.S. Aggregate Bond Covered Call ETF (CCBD): $0.1557
• CI Canadian Equity Index ETF (CCDN): $0.1678
• CI Conservative Asset Allocation ETF (CCNV): $0.1426
• CI Auspice Broad Commodity Fund (ETF Series) (CCOM): $0.0000
• CI DoubleLine Total Return Bond US$ Fund (CDLB): $0.0543
• CI Bio-Revolution Index ETF (CDNA): $0.0222
• CI Equity Asset Allocation ETF (CEQT): $0.1536
• ...and additional ETFs listed comprehensively in the original announcement.

Understanding the Distribution Reinvestment Plan

The CI Distribution Reinvestment Plan (DRIP) offers a proactive option for investors. This program allows for automated reinvestment of cash distributions into the respective CI ETFs, thereby facilitating continued growth without the need for manual intervention. Investors will benefit from the option of having their cash payouts automatically reinvested unless they opt into the DRIP.

What Investors Should Know

The reinvestment strategy not only aids in capitalizing on market opportunities but also minimizes transaction costs traditionally associated with manual investment. Investors interested in participating in the DRIP should refer to the ETF’s prospectus for specific guidelines and conditions.

About CI Global Asset Management

CI Global Asset Management ranks among Canada’s premier investment management firms. With a robust portfolio of investment options, it serves a wide array of client needs through its innovative financial products. The firm is a subsidiary of CI Financial Corp. (TSX: CIX), a well-regarded global asset and wealth management entity managing assets exceeding $511.3 billion.

Frequently Asked Questions

What are the key distribution dates for CI ETFs?

The key dates include September 23, 2024, as the record date, and distributions will be paid on or before September 27, 2024.

How can investors enroll in the CI DRIP?

Investors can enroll in the CI Distribution Reinvestment Plan by referring to the prospectus of the respective ETF they are interested in.

What is the purpose of the CI DRIP?

The CI DRIP allows investors to automatically reinvest cash distributions into CI ETFs, aiding in long-term growth.

What are the benefits of investing in CI Global Asset Management ETFs?

CI ETFs offer diverse asset exposure, transparent management, and the potential for steady income through distributions.

How does CI Global Asset Management ensure the quality of its funds?

CI Global Asset Management employs rigorous selection criteria, market analysis, and experienced management to maintain its investment quality.

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