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First Asset ETFs to be Rebranded as CI First Asset ETFs

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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. (CIX.TO), 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


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