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UNITED STATES OF AMERICA./
TORONTO, April 22, 2019 /CNW/ - First Asset
Investment Management Inc. ("First Asset") and CI Investments Inc.
("CI"), an affiliate of First Asset, are pleased to announce that
First Asset ETFs will be rebranded as CI First Asset ETFs effective
April 29, 2019.
"The new branding reflects the growing synergies between our
firms," said Rohit Mehta, President
of First Asset and Executive Vice-President, CI Financial Corp. "We
are bringing together First Asset's specialized experience in smart
beta and actively managed ETFs with CI's strength in investment
management and its extensive national reach." CI Financial Corp. is
the parent company of CI and First Asset.
The change also simplifies the client experience by clarifying
the relationship between the two firms, which are now working
closely together in product development, sales and marketing.
Certain members of CI's investment management teams are portfolio
managers of several actively managed First Asset ETFs, and, in
January, CI launched CI Mosaic ETF Portfolios, a series of mutual
fund portfolios that invest primarily in First Asset ETFs.
"Our strategy is to be 'platform-agnostic' – making it easy for
advisors and investors to access our investment management
expertise and innovative solutions by offering them through a
variety of platforms, including mutual funds, pools and ETFs," Mr.
Mehta said.
A leader in smart beta and actively managed ETFs, First Asset is
now the fifth largest ETF provider in Canada, with over $5
billion in ETF assets under management.
The list of ETF name changes is below. The CI First Asset ETFs'
ticker symbols are not changing.
|
Ticker
|
Former
Name
|
New
Name
|
|
BXF
|
First Asset 1-5 Year
Laddered Government Strip Bond Index ETF
|
CI First Asset 1-5
Year Laddered Government Strip Bond Index ETF
|
|
FDV
|
First Asset Active
Canadian Dividend ETF
|
CI First Asset Active
Canadian Dividend ETF
|
|
FAO
|
First Asset Active
Credit ETF
|
CI First Asset Active
Credit ETF
|
|
FAI
|
First Asset Active
Utility & Infrastructure ETF
|
CI First Asset Active
Utility & Infrastructure ETF
|
|
FBE
|
First Asset Canadian
Buyback Index ETF
|
CI First Asset
Canadian Buyback Index ETF
|
|
CXF
|
First Asset Canadian
Convertible Bond ETF
|
CI First Asset
Canadian Convertible Bond ETF
|
|
RIT
|
First Asset Canadian
REIT ETF
|
CI First Asset
Canadian REIT ETF
|
|
CIC
|
First Asset CanBanc
Income Class ETF
|
CI First Asset
CanBanc Income Class ETF
|
|
MXF
|
First Asset
Can-Materials Covered Call ETF
|
CI First Asset
Can-Materials Covered Call ETF
|
|
CED
|
First Asset Core
Canadian Equity ETF
|
CI First Asset Core
Canadian Equity ETF
|
|
CSY
|
First Asset Core
Canadian Equity Income Class ETF
|
CI First Asset Core
Canadian Equity Income Class ETF
|
|
CES, CES.U,
CES.B
|
First Asset Core U.S.
Equity ETF
|
CI First Asset Core
U.S. Equity ETF
|
|
NXF, NXF.B
|
First Asset Energy
Giants Covered Call ETF
|
CI First Asset Energy
Giants Covered Call ETF
|
|
FGO, FGO.U
|
First Asset Enhanced
Government Bond ETF
|
CI First Asset
Enhanced Government Bond ETF
|
|
FSB, FSB.U
|
First Asset Enhanced
Short Duration Bond ETF
|
CI First Asset
Enhanced Short Duration Bond ETF
|
|
FHB
|
First Asset European
Bank ETF
|
CI First Asset
European Bank ETF
|
|
FSF
|
First Asset Global
Financial Sector ETF
|
CI First Asset Global
Financial Sector ETF
|
|
FHI, FHI.B
|
First Asset Health
Care Giants Covered Call ETF
|
CI First Asset Health
Care Giants Covered Call ETF
|
|
FIG, FIG.U
|
First Asset
Investment Grade Bond ETF
|
CI First Asset
Investment Grade Bond ETF
|
|
FLB
|
First Asset Long
Duration Fixed Income ETF
|
CI First Asset Long
Duration Fixed Income ETF
|
|
DXM
|
First Asset
Morningstar Canada Dividend Target 30 Index ETF
|
CI First Asset
Morningstar Canada Dividend Target 30 Index ETF
|
|
WXM
|
First Asset
Morningstar Canada Momentum Index ETF
|
CI First Asset
Morningstar Canada Momentum Index ETF
|
|
FXM
|
First Asset
Morningstar Canada Value Index ETF
|
CI First Asset
Morningstar Canada Value Index ETF
|
|
ZXM, ZXM.B
|
First Asset
Morningstar International Momentum Index ETF
|
CI First Asset
Morningstar International Momentum Index ETF
|
|
VXM, VXM.B
|
First Asset
Morningstar International Value Index ETF
|
CI First Asset
Morningstar International Value Index ETF
|
|
QXM
|
First Asset
Morningstar National Bank Québec Index ETF
|
CI First Asset
Morningstar National Bank Québec Index ETF
|
|
UXM, UXM.B
|
First Asset
Morningstar US Dividend Target 50 Index ETF
|
CI First Asset
Morningstar US Dividend Target 50 Index ETF
|
|
YXM, YXM.B
|
First Asset
Morningstar US Momentum Index ETF
|
CI First Asset
Morningstar US Momentum Index ETF
|
|
XXM, XXM.B
|
First Asset
Morningstar US Value Index ETF
|
CI First Asset
Morningstar US Value Index ETF
|
|
RWC
|
First Asset MSCI
Canada Low Risk Weighted ETF
|
CI First Asset MSCI
Canada Low Risk Weighted ETF
|
|
FQC
|
First Asset MSCI
Canada Quality Index Class ETF
|
CI First Asset MSCI
Canada Quality Index Class ETF
|
|
RWE, RWE.B
|
First Asset MSCI
Europe Low Risk Weighted ETF
|
CI First Asset MSCI
Europe Low Risk Weighted ETF
|
|
RWX, RWX.B
|
First Asset MSCI
International Low Risk Weighted ETF
|
CI First Asset MSCI
International Low Risk Weighted ETF
|
|
RWU, RWU.B
|
First Asset MSCI USA
Low Risk Weighted ETF
|
CI First Asset MSCI
USA Low Risk Weighted ETF
|
|
RWW, RWW.B
|
First Asset MSCI
World Low Risk Weighted ETF
|
CI First Asset MSCI
World Low Risk Weighted ETF
|
|
FPR
|
First Asset Preferred
Share ETF
|
CI First Asset
Preferred Share ETF
|
|
FGB
|
First Asset Short
Term Government Bond Index Class ETF
|
CI First Asset Short
Term Government Bond Index Class ETF
|
|
TXF, TXF.B
|
First Asset Tech
Giants Covered Call ETF
|
CI First Asset Tech
Giants Covered Call ETF
|
|
FLI
|
First Asset U.S.
& Canada Lifeco Income ETF
|
CI First Asset U.S.
& Canada Lifeco Income ETF
|
|
FBU
|
First Asset U.S.
Buyback Index ETF
|
CI First Asset U.S.
Buyback Index ETF
|
|
FUT
|
First Asset U.S.
Tactical Sector Allocation Index ETF
|
CI First Asset U.S.
Tactical Sector Allocation Index ETF
|
|
SID
|
First Asset U.S.
TrendLeaders Index ETF
|
CI First Asset U.S.
TrendLeaders Index ETF
|
First Asset – Smart SolutionsTM
First
Asset, a CI Financial Company, is a Canadian investment firm
delivering a comprehensive suite of smart ETF solutions. Rooted in
strong fundamentals, First Asset's smart solutions strive to
deliver better risk-adjusted returns than the broad market, while
helping investors achieve their personal financial goals.
CI Investments – Trusted Partner in
Wealth™
CI Investments 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 is a subsidiary of CI Financial
Corp. (TSX: CIX), an independent, Canadian-owned wealth management
firm with $176.3 billion in fee-earning assets as
of March 31, 2019.
This communication is intended for informational purposes only.
Please read the prospectus before investing. Copies of the
prospectus may be obtained from your investment advisor, First
Asset or at www.sedar.com. Commissions, management fees and
expenses all may be associated with investments in exchange traded
funds (ETFs). 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 the TSX. If the units are purchased or sold on
the TSX, 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.
First Asset ETFs are managed by First Asset Investment
Management Inc., a subsidiary of CI Financial Corp., which is
listed on the Toronto Stock Exchange under the symbol "CIX".
TMFirst Asset and its logo are trademarks of a
subsidiary of CI Financial Corp. and ®CI FINANCIAL is a
registered trademark of CI Investment Inc., used under license.
CI Mosaic ETF Portfolios are managed and advised by CI
Multi-Asset Management, a division of CI Investments Inc. The CI
Multi-Asset Management design and logo are trademarks of CI
Investments Inc. © CI Investments Inc. 2019. All rights reserved.
®CI Investments and the CI Investments design are registered
trademarks of CI Investments Inc. CI Mosaic ETF Portfolios is a
trademark of CI Investments Inc.
SOURCE First Asset