CI Investments announces fund mergers

CI Investments has announced a proposal to merge six funds into other funds that have substantially similar mandates. The details are as follows.

Terminating fund	Continuing fund
CI Short-Term Advantage Corporate Class	CI Short-Term Corporate Class
CI U.S. Equity Plus Fund	Cambridge American Equity Fund
Red Sky Canadian Equity Corporate Class	Cambridge Canadian Growth Companies Fund
Signature Diversified Yield Fund	Signature Diversified Yield II Fund
Signature Select Global Corporate Class	CI Global Corporate Class (to be renamed Signature Global Equity Corporate Class)
Signature Select Global Fund	CI Global Fund (to be renamed Signature Global Equity Fund)

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CI is proposing to ssimplify its fund lineup. In addition, the continuing funds will benefit from larger asset bases.

The merger of Signature Diversified Yield Fund into Signature Diversified Yield II Fund does not require securityholder approval and will be effected at the close of business on or about December 2, 2016. But the remaining proposed mergers require the approval of the securityholders of the terminating funds.

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