Mr. Murray Oxby of CI Global Asset Management reports

CI GLOBAL ASSET MANAGEMENT ANNOUNCES RISK RATING CHANGES FOR FOUR INVESTMENT FUNDS

CI Global Asset Management has made risk rating changes for four investment funds. The following changes are effective immediately and apply to all mutual fund and ETF (exchange-traded fund) series of the funds.

The risk rating changes are based on the risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds, including ETFs. CI Global Asset Management reviews the risk rating for each of the funds it manages at least on an annual basis as well as when a fund undergoes a material change. These changes are the result of continuing internal reviews and not the result of any changes to the investment objectives, strategies or management of the funds.