CI Global Asset Management announces estimated annual reinvested distributions for the JFT Strategies Fund

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NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA

TORONTO – CI Global Asset Management (“CI GAM”) Announces Estimated Reinvested Distributions (“Estimated Reinvested Distributions”) for JFT Strategies Fund (the “Fund”), a closed-end fund, for the year ending 31 December 2021. Please note that these are only estimated amounts as at October 29, 2021 and include certain forward-looking information that could cause the estimated reinvested distributions to change before the end of the Fund’s taxation year on December 31, 2021. . . Final distribution amounts will be confirmed and announced shortly after year end and prior to payment, once the Fund’s year-end tax position is finalized.

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Estimated reinvested distributions

Estimated reinvested distributions will be paid on or before January 14, 2022, to holders of record on December 31, 2021. Estimated reinvested distributions will be paid by the issuance of securities of the Fund, and immediately thereafter, the issued and outstanding capital of the Fund will be consolidated so that the number of issued and outstanding securities of the Fund does not change.

Last name

TSX Symbol

Estimated reinvested

Distribution (per unit)

JFT Strategies Fund – Class A

JFS.UN

$ 2.005

JFT Strategies Fund – Class F

n / A

$ 2.1284

The actual taxable amounts of all distributions for 2021, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or “CDS”) and will be published at www.firstasset .com in early 2022.

Forward-looking information

This press release contains forward-looking statements regarding estimated reinvested distributions for the Fund. By their nature, these forward-looking statements involve certain risks and uncertainties that could cause actual distributions to differ materially from those contemplated by forward-looking statements. Significant factors that could cause actual reinvested distributions to differ from estimated reinvested distributions by the end of the Fund’s taxation year include, but are not limited to: the actual amounts of distributions received by the Fund; the actual amount of capital gains generated by the sale of securities; and subscription and redemption activity in the Fund.

About CI Global Asset Management

CI Global Asset Management is one of the largest investment management firms in Canada. It offers a wide range of investment products and services and can be found on the web at www.ci.com. CI Global Asset Management is a subsidiary of CI Financial Corp. (TSX: CIX, NYSE: CIXX), an independent global asset management and wealth management consulting firm with total assets of $ 331.8 billion as of October 31, 2021.

This communication is intended for information purposes only. You will usually pay brokerage fees to your dealer if you buy or sell securities of the investment fund on the TSX. If the securities are bought or sold on the TSX, investors may pay more than the current net asset value when they buy securities of the investment fund and may receive less than the current net asset value when they sell them. There are ongoing fees and expenses associated with holding securities of an investment fund. An investment fund should prepare disclosure documents containing key information about the fund. You will find more detailed information about the fund in these documents. Investment funds are not guaranteed, their values ​​change frequently and past performance may not be repeated. The CI investment fund is managed by CI Global Asset Management.

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

© CI Investments Inc. 2021. All rights reserved.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211209005083/en/

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Contacts

Murray oxby
Vice-President, Corporate Communications
CI Global Asset Management
416-681-3254
[email protected]

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