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CI Global Asset Management Funds and ETFs Win 2020 Canada Lipper Fund Awards From Refinitiv
[November 19, 2020]

CI Global Asset Management Funds and ETFs Win 2020 Canada Lipper Fund Awards From Refinitiv


CI Global Asset Management ("CI GAM") announced today that it has been honoured with nine 2020 Canada Lipper Fund Awards from Refinitiv. The awards recognize funds that have provided consistently strong risk-adjusted performance, relative to peers.

"I extend my sincere congratulations to our portfolio managers on this prestigious recognition," said Kurt MacAlpine, Chief Executive Officer of CI Financial Corp., parent company of CI GAM. "We recently announced the alignment of our in-house portfolio management teams under the new CI Global Asset Management banner and winning Lipper Fund Awards is a great way to mark this change. The awards speak to the quality and diversity of our product lineup and the deep and extensive investment capabilities available within CI Global Asset Management."

The 2020 Lipper Fund Awards from Refinitiv for Canada were announced this morning. The winning CI mutual funds are all managed by CI GAM investment professionals and include:

  • Signature Global Technology (News - Alert) Corporate Class won the sector equity category for both three and five-year returns. The fund is managed by Malcolm White and Jeremy Yeung.
  • Signature Global Infrastructure Fund was recognized in the global infrastructure equity category for its three-year returns and is co-managed by Kevin McSweeney and Massimo Bonansinga.
  • First Asset REIT Income Fund was named best fund in the real estate equity category for five-year returns. It is managed by Lee Goldman and Kate MacDonald.

The winning CI ETFs are:

  • CI First Asset Energy Giants Covered Call ETF (Unhedged) (TSX: NXF.B) was the winner in the energy equity category, for both its three and five-year performance.
  • CI First Asset Morningstar Canada Momentum (News - Alert) Index ETF (TSX: WXM) was best in the Canadian equity category for three and five-year returns.
  • CI First Asset Morningstar International Momentum Index ETF (Unhedged) (TSX: ZXM.B) won for its three-year returns in the category of international equity.

About Refinitiv Lipper Fund Awards
For more than 30 years and in over 17 countries worldwide, the highly respected Refinitiv Lipper Awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers and focused the investment world on top funds. The merit of the winners is based on entirely objective, quantitative criteria. This, coupled with the unmatched depth of fund data, results in a unique level of prestige and ensures the award has lasting value. Renowned fund data and proprietary methodology is the foundation of this prestigious award qualification, recognizing excellence in fund management. Find out more at www.lipperfundawards.com.

About CI Global Asset Management
CI Global Asset anagement is one of Canada's largest investment management companies. It offers a wide range of investment products and services and is on the Web at www.ci.com. CI Global Asset Management is a subsidiary of CI Financial Corp. (TSX: CIX) (NYSE: CIXX), an independent company offering global asset management and wealth management advisory services with approximately $202.4 billion in assets as of October 31, 2020.



Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund and exchange-traded fund (ETF) investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compound total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on recognized Canadian exchanges. If the units are purchased or sold on these Canadian exchanges, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them.

About the Lipper Awards Methodology
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.


Signature Global Infrastructure (Series A) was named Best Global Infrastructure Equity Fund for 3 years ending July 31, 2020 out of a classification total of 12 funds (3 years). Performance for the Fund for the period ended July 31, 2020 was 1.3% (1 year), 5.6% (3 years), 4.4% (5 years) and 9.7% (10 years).

Performance for the Fund for the period ended October 30, 2020 was -6.3% (1 year), 2.9% (3 years), 4.7% (5 years) and 8.2% (10 years). The corresponding Lipper Leader ratings for Consistent Return of the fund for the same period were: 3 (3 years), 4 (5 years) and 3 (10 years).

First Asset REIT Income (Class A) was named Real Estate Equity Fund for 5 years ending July 31, 2020, out of a classification total of 13 funds (5 years). Performance for the Fund for the period ended July 31, 2020 was -8.86% (1 year), 4.15% (3 years), 6.78% (5 years) and 10.34% (10 years).

Performance for the Fund for the period ended October 30, 2020 was -15.66% (year 1), 2.00% (3 years), 5.08% (5 years) and 9.91% (10 years). The corresponding Lipper Leader Consistent Return ratings of the fund for the same period were: 3 (3 years), 5 (5 years), and 4 (10 years).

Signature Global Technology Corporate Class (Series A) was named best in the Sector Equity category for 3 and 5 years ending July 31, 2020 out of a classification total of 20 funds (3 years) and 19 funds (5 years). Performance for the Fund for the period ended July 31, 2020 was 42.6% (1 year), 26.1% (3 years), 20.7% (5 years) and 21.5% (10 years).

Performance for the Fund for the period ended October 30, 2020 was 56.4% (1 year), 22.7% (3 years), 23.4% (5 years) and 20.8% (10 years). The corresponding Lipper Leader ratings of the fund for the same period were: 5 (3 years), 5 (5 years) and 5 (10 years).

CI First Asset Morningstar Canada Momentum Index ETF was named Best Canadian Equity ETF for 3 and 5 years ending July 31, 2020 out of a category total of 29 funds (3 years). Performance for the Fund for the period ended July 31, 2020 was 7.55% (1 year), 12.04% (3 years), 6.65% (5 years) and N/A (10 years).

Performance for the Fund for the period ended October 30, 2020 was 6.28% (1 year), 8.31% (3 years), 7.82% (5 years) and N/A (10 years). The corresponding Lipper Leader ratings of the fund for the same period were: 5 (3 years), 5 (5 years), and N/A (10 years).

CI First Asset Energy Giants Covered Call ETF (CAD Hedged) was named Best Energy Equity ETF for 3 and 5 years ending July 31, 2020 out of a category total of 10 funds (3 years). Performance for the Fund for the period ended July 31, 2020 was -35.31% (1 year), -9.17% (3 years), 6.14% (5 years) and N/A (10 years).

Performance for the Fund for the period ended October 30, 2020 was -45.91% (1 year), -19.83% (3 years), -10.90% (5 years) and N/A (10 years). The corresponding Lipper Leader ratings of the fund for the same period were: 2 (3 years), 3 (5 years), and N/A (10 years).

CI First Asset Morningstar International Momentum Index ETF (Unhedged) was named International Equity ETF for 3 years ending July 31, 2020 out of a category total of 19 funds (3 years). Performance for the Fund for the period ended July 31, 2020 was 16.95% (1 year), 8.48% (3 years), 7.06% (5 years) and N/A (10 years).

Performance for the Fund for the period ended October 30, 2020 was 17.09% (1 year), 5.62% (3 years), 7.82% (5 years) and N/A (10 years). The corresponding Lipper Leader ratings of the fund for the same period were: 5 (3 years), 5 (5 years), and N/A (10 years).

CI Global Asset Management is a registered business name of CI Investments Inc.

©CI Investments Inc. 2020. All rights reserved.


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