CI Global Asset Management Announces Risk Rating Change for CI Global Unconstrained Bond Fund
The risk rating change is based on the risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds. CI GAM has made the change as a result of a determination that the reference index of the Fund should be changed in order to better align with the standard deviation and overall risk profile of the Fund. The Fund’s reference index has been changed to the Bloomberg Global Aggregate Bond Index (CAD Hedged).
The Bloomberg Global Aggregate Index is a flagship measure of global investment grade debt from 28 local currency markets. This multi-currency benchmark includes treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging markets issuers.
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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
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Vice-President, Corporate Communications
CI Global Asset Management
416-681-3254
moxby@ci.com
Source: CI Global Asset Management