/NOT FOR DISSEMINATION TO U.S. NEWSWIRE
SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES OF AMERICA/
TORONTO, Oct. 19, 2020 /CNW/ - CI Investments Inc.
announces the targeted annualized distribution amounts for the
funds listed below for the upcoming 12-month period ending
November 30, 2021. In each
case, the distributions are paid quarterly, except in the case of
First Asset REIT Income Fund, which is paid monthly.
|
Fund
|
Distribution
Amount
|
|
First Asset Canadian
Convertible Bond Fund
|
$0.60 per unit per
annum ($0.150 per unit per quarter)
|
|
First Asset Utility
Plus Fund
|
$0.50 per unit per
annum ($0.125 per unit per quarter)
|
|
First Asset REIT
Income Fund
|
$0.80 per unit per
annum ($0.067 per unit per month)
|
Notwithstanding this announcement, the amount of the
distributions may vary from period to period, and there can be no
assurance that a fund will make any distributions in any particular
period.
This communication is intended for informational purposes
only. Commissions, trailing commissions, management fees and
expenses all may be associated with investments in mutual funds.
Please read the prospectus before investing. Mutual funds are not
guaranteed, their values change frequently and past performance may
not be repeated. The CI First Asset Mutual Funds are managed by CI
Investments Inc., a subsidiary of CI Financial Corp., which is
listed on the Toronto Stock Exchange under the symbol
"CIX".
CI Investments and the CI Investments design are registered
trademarks of CI Investments Inc. ©CI Investments Inc. 2020. All
rights reserved.
SOURCE CI Investments Inc.