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CI Global Asset Management launches CI Alternative Multi-Strategy Fund

Wednesday, September 14, 2022
Opalesque Industry Update - CI Global Asset Management (CI GAM) announced the launch of CI Alternative Multi-Strategy Fund, which provides investors with convenient one-stop access to CI GAM's suite of liquid alternative funds and other non-traditional investments.

CI GAM's liquid alternative funds use a range of investment strategies beyond those used by traditional mutual funds and ETFs, creating the potential for enhanced returns and reduced volatility.

"Alternative strategies give our portfolio managers additional valuable tools to meet the unique challenges of today's market environment of rising interest rates and inflation and heightened geopolitical uncertainty," said Marc-André Lewis, Head of Investment Management for CI GAM. "Our alternative funds are managed by skilled investment teams with extensive experience using these strategies.

"Managing the mix between funds and asset classes is also critical and here investors will benefit from CI GAM's deep expertise in asset allocation and risk management," Mr. Lewis said.

The Fund is a fund-of funds that invests in CI GAM's industry-leading lineup of equity and fixed-income liquid alternative mandates, as well as ETFs invested in other non-traditional asset classes and investment themes, such as covered call strategies and real assets (real estate, infrastructure and commodities).

The Fund is designed to be a modern alternative to the traditional balanced fund, delivering positive absolute returns over the long term while minimizing downside risk. It has a low to medium risk rating.

The portfolio managers of the Fund - Mr. Lewis, Robert Swanson and James Dutkiewicz - bring to bear decades of combined experience in managing asset allocation funds and programs. Mr. Lewis has more than 20 years of global investment experience and was previously Head of Portfolio Construction for the Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign wealth funds. Mr. Swanson is Senior Vice-President and Head of Global Equity Strategies for CI GAM and has 39 years of investment experience, including managing a variety of equity, income and asset allocation portfolios. Mr. Dutkiewicz is Senior Vice-President and Head of Fixed Income for CI GAM and has 30 years' experience in fixed-income investing and asset allocation.

CI GAM is the Canadian industry leader in liquid alternative funds, with approximately $3.7 billion in assets under management (as at July 31, 2022) in four fixed-income and two equity mandates, all available in both mutual fund and ETF structures.

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 $348.5 billion in assets as of July 31, 2022.

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