/NOT FOR DISSEMINATION TO U.S. NEWSWIRE
SERVICES OR FOR DISSEMINATION TO THE
UNITED STATES OF AMERICA./
TORONTO, Jan. 10, 2020 /CNW/ - CI First Asset confirms the
following special distributions (the "Special
Distributions") in respect of JFT Strategies Fund (the
"Fund"), previously announced on December 18, 2019, for the year ending
December 31, 2019.
Special Distributions
The Special Distributions will
be paid on or before January 15,
2020, to holders of record on December 31, 2019. The Special Distributions will
be paid by the issuance of units of the Fund, and immediately
thereafter, the issued and outstanding capital of the Fund will be
consolidated such that the number of issued and outstanding units
of the Fund does not change.
Name
|
TSX
Symbol
|
Confirmed
Special
Distribution (per
unit)
|
JFT Strategies Fund –
Class A
|
JFS.UN
|
$0.47
|
JFT Strategies Fund –
Class F
|
n/a
|
$0.51
|
The actual taxable amounts of all distributions for 2019,
including the tax characteristics of the distributions, will be
reported to brokers (through CDS Clearing and Depository Services
Inc. or "CDS") and will be posted on the CI First Asset
website in early 2020.
This communication is intended for informational purposes only.
You will usually pay brokerage fees to your dealer if you purchase
or sell units of the investment fund 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 investment fund
and may receive less than the current net asset value when selling
them. There are ongoing fees and expenses associated with owning
units of an investment fund. An investment fund must prepare
disclosure documents that contain key information about the fund.
You can find more detailed information about the fund in these
documents. Investment funds are not guaranteed, their values change
frequently and past performance may not be repeated. The Fund is
managed by CI Investments Inc., a subsidiary of CI Financial Corp.,
which is listed on the Toronto Stock Exchange under the symbol
"CIX". CI First Asset and its logo are trademarks of CI Investments
Inc.
SOURCE CI First Asset ETFs