CI Global Asset Management Launches Gold Bullion Mutual Fund, Announces Changes to Several ETFs

Image for article CI Global Asset Management Launches Gold Bullion Mutual Fund, Announces Changes to Several ETFs
News Source : Financial Post

News Summary

  • CI Gold Bullion Fund is designed to provide investors with a cost-effective and convenient way to invest in gold.
  • CI Global Asset Management also announced a name change and risk rating changes within its ETF lineup.
  • The changes are based on the risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds, including ETFs.
  • The new fund also reflects CI GAM’s commitment to providing investors with expanded choice and flexibility by offering key mandates in both mutual fund and ETF structures.
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