CI Global Asset Management Announces Distribution Change for Six Covered Call ETFs and Mutual Funds

ruvvu April 14, 2026

0 0 4 minutes read

CI Global Asset Management Announces Distribution Change for Six Covered Call ETFs and Mutual Funds

Article content

Toronto – CI Global Asset Management (“CI GAM”) announced today that it is changing the distribution frequency of its six hedged ETFs and mutual funds (“Funds”) to monthly from quarterly.

Article content

Starting this month, the Funds will pay variable distributions of income, dividends and capital gains, if any, every month. This change aligns the Funds with CI GAM's other pooled call and mutual funds, which already pay monthly distributions. CI GAM believes that monthly distributions benefit investors investing in covered call funds as a source of regular income.

Article content

The CI GAM compound call ETF generates more yield than a call option writing strategy. Each month, covered calls are written on approximately 25% of the portfolio, an approach that generates additional monthly income while maintaining exposure to the majority of the potential capital gains of the underlying securities. This strategy is suitable for investors seeking tax-efficient income and the potential for low volatility capital appreciation.

Article content

CI GAM's call suite consists of eight ETFs and six mutual funds. ETFs include one fixed income bond and seven equity mandates focused on specific industry sectors. Five mutual funds invest in units of their respective sector ETFs, while the CI Multi-Sector Covered Call Fund invests in units of seven covered call ETFs to create a diversified covered portfolio.

Article content

Distribution information for each CI GAM fund is posted on ci.com while CI ETF distributions are also announced in a monthly press release.

Article content

About CI Global Asset Management

Article content

CI Global Asset Management (“CI GAM”) is one of Canada's leading investment management companies, offering a wide range of solutions – including mutual funds, exchange-traded funds and other investments – to help Canadians achieve their financial goals. Founded in 1965, CI GAM has built a lasting legacy of innovation, disciplined portfolio management and commitment to investor success. Our investment team brings deep expertise in fundamental research, portfolio construction and risk management to deliver results across a wide range of asset classes. We work with financial advisors, wealth management firms and institutions to help over 1.3 million investors. CI GAM is a subsidiary of CI Financial Corp. Toronto-based, global asset management and wealth management company. For more information, visit www.ci.com or follow us on LinkedIn.

Article content

Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund and exchange-traded fund (ETF) investments. Please read the prospectus before investing. Mutual funds and ETFs are not guaranteed, their prices change frequently and past performance may not be repeated. You will usually pay brokerage fees to your broker when you buy or sell ETF units on a recognized Canadian exchange. When units are bought or sold on this Canadian exchange, investors may pay more than the current net asset value when buying ETF units and may receive less than the current net asset value when selling them. Index returns are not representative of ETF returns.

Article content

Distribution is not guaranteed and may fluctuate over time. They may include income, capital gains, and/or capital returns. Any distribution in excess of the fund's cumulative income since inception represents a return of capital. Return on capital should not be confused with yield or performance. Distribution rates are determined periodically based on factors such as market conditions, fund expenses, and portfolio returns. Unless otherwise requested, distributions will be reinvested. Please see the prospectus for full details, including distribution policy and income tax considerations.

Article content

This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy mutual funds managed by CI Global Asset Management and does 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 information contained in this document is accurate at the time of publication. Individuals should seek professional advice, as appropriate, regarding any particular investment. Investors should consult their professional advisors before making any changes to their investment strategies. This investment may not be suitable for the circumstances of the investor.

Article content

CI Exchange-Traded Funds are managed by CI Global Asset Management, a wholly owned subsidiary of CI Financial Corp.

Article content

CI Global Asset Management is a registered business name of CI Investments Inc.

Article content