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CI ETF Investment Management announces risk rating changes – Canada NewsWire

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/NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA./

TORONTO, June 18, 2020 /CNW/ – CI ETF Investment Management Inc. (“CI ETF”) today announced the following risk rating changes:

ETF Name

Ticker

Previous
Risk Rating

New
Risk Rating

CI ONE Global Equity ETF

ONEQ

Low to
Medium

Medium

CI WisdomTree Canada Quality Dividend
Growth Index ETF (Non-Hedged Units)

DGRC

Low to
Medium

Medium

CI WisdomTree Europe Hedged Equity Index
ETF (Non-Hedged Units)

EHE.B

Medium

Medium to
High

CI WisdomTree U.S. MidCap Dividend Index
ETF (Hedged Units)

UMI

Medium

Medium to
High

CI WisdomTree U.S. MidCap Dividend Index
ETF (Non-Hedged Units)

UMI.B

Low to
Medium

Medium

CI WisdomTree U.S. Quality Dividend Growth
Variably Hedged Index ETF (Variably Hedged Units)

DQD

Low to
Medium

Medium

The changes will be effective immediately and are based on the risk classification methodology mandated by the Canadian Securities Administrators to determine the risk level of investment funds. CI ETF reviews the risk rating for each of the ETFs it manages at least on an annual basis, as well as when an ETF undergoes a material change. These changes are the result of an annual review and are not the result of any changes to the investment objectives, strategies or management of the ETFs.

For more information about the CI ETFs, please visit the CI First Asset website.

About CI ETF
CI ETF Investment Management Inc. is a sponsor and manager of the CI ETFs, and an affiliate of CI Investments Inc. CI ETF is a subsidiary of CI Financial Corp. (TSX: CIX), an independent Canadian company offering global asset management and wealth management advisory services. CI Financial held approximately $172.0 billion in fee-earning assets as of May 31, 2020.

Commissions, management fees and expenses may be associated with an investment in ETFs. Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Individuals should seek the advice of professionals, as appropriate, prior to investing. You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF 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 ETF and may receive less than the current net asset value when selling them.

© 2020 CI ETF Investment Management Inc. All rights reserved.

CI ETF Investment Management Inc. is licensed by WisdomTree Investments, Inc. to use certain WisdomTree indexes (the “WisdomTree Indexes”) and WisdomTree marks.

“WisdomTree®” and “Variably Hedged®” are registered trademarks of WisdomTree Investments, Inc. and WisdomTree Investments, Inc. has patent applications pending on the methodology and operation of its indexes. The CI ETFs referring to such indexes (the “WT Licensee Products”) are not sponsored, endorsed, sold or promoted by WisdomTree Investments, Inc. or its affiliates (“WisdomTree”). WisdomTree makes no representation or warranty, express or implied, and shall have no liability regarding the advisability, legality (including the accuracy or adequacy of descriptions and disclosures relating to the WT Licensee Products) or suitability of investing in or purchasing securities or other financial instruments or products generally, or of the WT Licensee Products in particular (including, without limitation, the failure of the WT Licensee Products to achieve their investment objectives) or regarding use of such indexes or any data included therein.

SOURCE CI ETF Investment Management Inc.

For further information: CI ETF Investment Management at 416-642-1289 or 1-877-642-1289

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S&P/TSX composite up more than 100 points, U.S. stock markets mixed

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TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 103.40 points at 24,542.48.

In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.

The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.

The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.

The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.

This report by The Canadian Press was first published Oct. 16, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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S&P/TSX up more than 200 points, U.S. markets also higher

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TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.

The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.

The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.

This report by The Canadian Press was first published Oct. 11, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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S&P/TSX composite little changed in late-morning trading, U.S. stock markets down

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TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.

The S&P/TSX composite index was up 0.05 of a point at 24,224.95.

In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.

The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.

The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.

The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.

This report by The Canadian Press was first published Oct. 10, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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