CI Global Asset Management(“CI GAM”) announces that its investment funds have earned 16 LSEG Lipper Fund Awards for 2024. The awards highlight mutual funds and exchange-traded funds that have provided consistently strong risk-adjusted performance, relative to peers.
This is the second year in a row that CI GAM has received more individual LSEG Lipper Fund Awards than any other company in the Canadian investment fund industry.
“We are honoured to be recognized once again for achieving investment excellence and delivering value to our investors,” said Marc-André Lewis, President and Chief Investment Officer of CI GAM.
“The fact that we received awards across multiple asset classes in both mutual funds and ETFs reflects the depth of expertise and breadth of capabilities of the CI GAM global investment management team. Our process is characterized by in-depth fundamental research, rigorous portfolio construction and a focus on risk and performance management using advanced analytics. These awards speak to the success of our approach.
“Also noteworthy was the performance of Munro Partners, sub-advisor to the CI Global Climate Leaders Fund. The firm’s strong results stem from their discipline in identifying growth companies benefiting from structural changes in the world economy.”
CI GAM’s winners of LSEG Lipper Fund Awards for Canada for 2024 are listed below, along with their Canadian Investment Funds Standards Committee (CIFSC) classifications and the performance time periods for which they received awards.
Mutual fund winners | CIFSC Classification | Performance period(s) |
Canadian neutral balanced | 5 years | |
Floating rate loan | 5 years | |
Global equity | 3 years | |
Canadian fixed income | 5 years | |
Global dividend and income equity | 5 years | |
Energy equity | 3 years | |
Multi-sector fixed income | 5 years | |
Global equity balanced | 3 years | |
Global fixed income balanced | 3 years |
ETF winners | Ticker | Category | Performance period(s) |
CXF | Canadian corporate fixed income | 3 and 5 years | |
CI Global Climate Leaders Fund (ETF US$ Hedged) | CLML.U | Global equity | 3 years |
CI Global REIT Private Pool (ETF C$) | CGRE | Real estate equity | 3 years |
CI Morningstar International Value Index ETF (Hedged Common) | VXM | International equity | 3 years |
ONEB | Canadian fixed income | 3 and 5 years |
About the LSEG Lipper Fund Awards
For more than 30 years and in over 17 countries worldwide, the highly respected Lipper Awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers and focused the investment world on top funds. The merit of the winners is based on entirely objective, quantitative criteria. This, coupled with the unmatched depth of fund data, results in a unique level of prestige and ensures the award has lasting value. Renowned fund data and proprietary methodology is the foundation of this prestigious award qualification, recognizing excellence in fund management. Find out more at www.lipperfundawards.com.
About CI Global Asset Management
CI Global Asset Management (“CI GAM”) 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 GAM is a subsidiary of CI Financial Corp. (TSX: CIX), an integrated global asset and wealth management company with approximately $518.1 billion in assets as at September 30, 2024.
Commissions, trailing commissions, management fees and expenses all may be associated with an investment in mutual fund and exchange-traded funds (ETFs). Please read the prospectus before investing. Important information about mutual funds and ETFs is contained in their respective prospectus. The indicated rates of return are the historical annual compound total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds and 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 recognized Canadian exchanges. If the units are purchased or sold on these Canadian exchanges, 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.
This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase 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 that regard. Every effort has been made to ensure that the material contained in this document is accurate at the time of publication. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies. These investments may not be suitable to the circumstances of an investor.
The CI Exchange-Traded Funds are managed by CI Global Asset Management, a wholly owned subsidiary of CI Financial Corp. (TSX: CIX). CI Global Asset Management is a registered business name of CI Investments Inc.
About the Lipper Methodology
The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is an objective, quantitative, risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com. Although LSEG Lipper makes reasonable efforts to ensure the accuracy and reliability of the data used to calculate the awards, their accuracy is not guaranteed.
CI Canadian Balanced Fund (Series P) was awarded the 2024 LSEG Lipper Fund Award in the Canadian neutral balanced category for 5 years ending July 31, 2024, out of a classification total of 45 funds. Performance for the Fund for the period ended September 30, 2024 for Series P: 20.2% (1 year), 6.8% (3 years), 8.9% (5 years) and 7.5% (since inception; 2017-05-01).
CI Floating Rate Income Fund (Series P) was awarded the 2024 LSEG Lipper Fund Awards in the floating rate loan category for 5 years ending July 31, 2024, out of a classification total of 11 funds. Performance for the Fund for the period ended September 30, 2024 for Series P: 9.7% (1 year), 6.0% (3 years), 6.1% (5 years) and 5.5% (since inception; 2017-06-01).
CI Global Climate Leaders Fund (Series PH) was awarded the 2024 LSEG Lipper Fund Award in the global equity category for 3 years ending July 31, 2024, out of a classification total of 224 funds. Performance for the Fund for the period ended September 30, 2024 for Series PH: 72.7% (1 year), 18.1% (3 years), and 16.8% (since inception; 2021-07-08).
CI Global Core Plus Bond Fund (Series P) was awarded the 2024 LSEG Lipper Fund Award in the Canadian fixed income category for 5 years ending July 31, 2024, out of a classification total of 82 funds. Performance for the Fund for the period ended September 30, 2024 for Series P: 16.1% (1 year), 0.8% (3 years), 2.4% (5 years) and 2.7% (since inception; 2017-05-01).
CI Global Dividend Fund (Series P) was awarded the 2024 LSEG Lipper Fund Award in the Global dividend and income equity category for 5 years ending July 31, 2024, out of a classification total of 27 funds. Performance for the Fund for the period ended September 30, 2024 for Series P: 29.3% (1 year), 12.8% (3 years), 12.7% (5 years) and 10.0% (since inception; 2017-05-01).
CI Global Energy Corporate Class (Series P) was awarded the 2024 LSEG Lipper Fund Award in the Energy equity category for 3 years ending July 31, 2024, out of a classification total of 10 funds. Performance for the Fund for the period ended September 30, 2024 for Series P: 9.4% (1 year), 24.6% (3 years), 19.6% (5 years) and 9.1% (since inception; 2017-05-01).
CI Global Unconstrained Bond Fund (Series F) (formerly CI Global Unconstrained Bond Private Pool) was awarded the 2024 LSEG Lipper Fund Award in the Multi-sector fixed-income category for 5 years ending July 31, 2024, out of a classification total of 38 funds. Performance for the Fund for the period ended September 30, 2024 for Series F: 12.7% (1 year), 3.0% (3 years), 4.2% (5 years) and 4.2% (since inception; 2018-10-29).
CI U.S. Equity & Income Fund (Series PH) was awarded the 2024 LSEG Lipper Fund Award in the global equity balanced category for 3 years ending July 31, 2024, out of a classification total of 169 funds. Performance for the Fund for the period ended September 30, 2024 for Series PH: 29.9% (1 year), 9.8% (3 years) and 11.3% (since inception; 2020-03-09).
CI U.S. Income US$ Fund (Series P) was awarded the 2024 LSEG Lipper Fund Award in the Global fixed-income balanced category for 3 years ending July 31, 2024, out of a classification total of 103 funds. Performance for the Fund for the period ended September 30, 2024 for Series P: 21.6% (1 year), 4.0% (3 years), 5.0% (5 years) and 5.1% (since inception; 2017-05-01).
CI Canadian Convertible Bond ETF (TSX: CXF) was awarded the 2024 LSEG Lipper Fund Awards in the Canadian corporate fixed-income ETF category for 3 and 5 years ending July 31, 2024, out of a classification total of 19 ETFs (3 years) and 12 ETFs (5 years). Performance for the ETF for the period ended September 30, 2024: 12.5% (1 year), 4.3% (3 years), 5.7% (5 years), 5.3% (10 years) and 5.1% (since inception; 2011-06-01).
CI Global Climate Leaders Fund (ETF US$ Hedged) (TSX: CLML.U) was awarded the 2024 LSEG Lipper Fund Award in the global equity ETF category for 3 years ending July 31, 2024, out of a classification total of 45 funds. Performance for the ETF for the period ended September 30, 2024 was 71.4% (1 year), 17.2% (3 years), and 15.9% (since inception; 2021-07-08).
CI Global REIT Private Pool (ETF C$) (TSX: CGRE) was awarded the 2024 LSEG Lipper Fund Award in the real estate equity ETF category for 3 years ending July 31, 2024, out of a classification total of 12 funds. Performance for the ETF for the period ended September 30, 2024 was 26.6% (1 year), 2.7% (3 years), and 8.1% (since inception; 2020-05-21).
CI Morningstar International Value Index ETF (Hedged Common) (TSX: VXM) was awarded the 2024 LSEG Lipper Fund Award in the international equity ETF category for 3 years ending July 31, 2024, out of a classification total of 40 ETFs. Performance for the ETF for the period ended September 30, 2024: 19.0% (1 year), 14.1% (3 years), 10.7% (5 years) and 7.9% (since inception; 2014-11-13).
CI ONE North American Core Plus Bond ETF (TSX: ONEB) was awarded the 2024 LSEG Lipper Fund Award in the Canadian fixed income ETF category for 3 and 5 years ending July 31, 2024, out of a classification total of 37 ETFs (3 years) and 26 ETFs (5 years). Performance for the ETF for the period ended September 30, 2024: 9.4% (1 year), 1.7% (3 years), 1.8% (5 years) and 2.5% (since inception; 2018-10-09).
Morningstar® is a registered trademark of Morningstar, Inc. (“Morningstar”). The securities of each CI Morningstar ETF (the “ETFs”) are not in any way sponsored, endorsed, sold or promoted by Morningstar or any of its affiliates (collectively, ‘‘Morningstar’’), and Morningstar makes no representation or warranty, express or implied regarding the advisability of investing in securities generally or in the ETFs particularly or the ability of the Index to track general market performance.
Munro Partners and One Capital Management, LLC are sub-advisors to certain funds offered and managed by CI Global Asset Management.
©CI Investments Inc. 2024. All rights reserved.
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