CI Global Asset Management claims compliance with global investment performance standards | Your money

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TORONTO–(BUSINESS WIRE)–June 6, 2022–

CI Global Asset Management (“CI GAM”) announced today that it claims compliance with the Global Investment Performance Standards (“GIPS®”) of the CFA Institute.

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“We are very proud to have completed the demanding process to claim compliance with GIPS, the global standard for presenting performance histories,” said Marc-André Lewis, Executive Vice President and Chief Investment Officer at CI GAM.

“In addition to the additional step of undergoing independent third-party verification, this was a significant project for a large asset manager such as CI GAM. It represents our deep commitment to building trust with our investor clients, following best practices in investment management and continuously modernizing our business.”

Introduced in 1999, the GIPS standards are universal, voluntary standards based on the fundamental principles of full disclosure and faithful representation of investment performance. The GIPS standards are administered by the CFA Institute and have been adopted by more than 1,800 organizations in 49 markets worldwide, including some or all of 90 of the world’s top 100 asset managers, according to data from Cerulli Associates.

Karyn Vincent, CFA, CIPM, Senior Manager, Global Industry Standards for the CFA Institute, said, “We commend CI GAM for its efforts to put investors first. CI GAM is an example of a leader truly advancing the investment profession by employing a higher standard. We encourage more asset managers to follow their lead in promoting fairness, transparency and ethics in investment performance.

Although not required, CI GAM has completed the voluntary and rigorous process of having its firm verified by an independent third party. Auditing provides assurance that a company’s policies, procedures and performance information have been tested to comply with ethical standards and industry best practices required by GIPS standards. The Spaulding Group, Inc. performed the verification. GIPS compliance consultant, Guardian Performance Solutions, LLC, helped CI GAM establish the processes and systems needed to achieve compliance.

For more information on GIPS standards, please visit https://www.gipsstandards.org/.

About the CFA Institute

The CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion of ethical behavior in the investment markets and a respected source of knowledge in the global financial community. Our goal is to create an environment where the interests of investors come first, markets function best and economies thrive. There are more than 180,000 CFA® charter holders worldwide in more than 160 markets. The CFA Institute has nine offices around the world and there are 160 local societies. For more information, visit http://www.cfainstitute.org or follow us on LinkedIn and Twitter at @CFAInstitute.

About CI Global Asset Management

CI Global Asset Management is one of Canada’s largest investment management companies. It offers a wide range of investment products and services and has a web presence at www.ci.com. CI Global Asset Management is a subsidiary of CI Financial Corp. (TSX: CIX, NYSE: CIXX), an integrated global asset and wealth management company with approximately $354.6 billion in assets as of April 30, 2022.

This communication is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy mutual funds managed by CI Global Asset Management and is not, and should not be construed as, investment, tax, legal or accounting advice and should not be relied upon in this regard. Every effort has been made to ensure that the contents of this document are accurate at the time of publication. Individuals should seek professional advice, where available, regarding any particular investment. Investors should consult their professional advisers before implementing any changes to their investment strategies. These investments may not be suitable for an investor’s circumstances.

For GIPS-compliant performance information for CI Global Asset Management strategies and products, please email [email protected]

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

GIPS® is a registered trademark of the CFA Institute. CFA Institute does not endorse or endorse this organization, nor does it guarantee the accuracy or quality of any content contained therein.

©CI Investments Inc. 2022. All rights reserved.

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CONTACT: Murray Oxby

Vice President, Corporate Communications

CI Global Asset Management

416-681-3254

[email protected] Institute

[email protected]

KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: BANKING OTHER PROFESSIONAL SERVICES PROFESSIONAL SERVICES FINANCE

SOURCE: CI Global Asset Management

Copyright BusinessWire 2022.

PUBLISHED: 06/06/2022 08:00 AM/DISC: 06/06/2022 08:02 AM

http://www.businesswire.com/news/home/20220606005348/en

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