Disclaimer

Disclaimer

Note to current CI Funds investors: If you currently hold Class A and/or F of CI Funds (the “Securities”) and have more than $150,000 in qualifying investments in an account, you may be eligible for management and/or administration fee reductions on your Securities through CI Preferred Pricing. If you qualify, CI will automatically switch your Securities into a fee tier class of the same fund that you currently own that has lower fees.* Please contact your financial advisor for more information about CI Preferred Pricing, including your eligibility and its availability with your dealer.

*Please note, if you no longer qualify for a particular fee tier class, you may be switched to an appropriate fee tier or to Class A or F Securities with higher management and/or administration fees. These fees would not exceed those of the corresponding Class A or F Securities. You will not receive any other paperwork such as Fund Facts documents pursuant to the automatic switch(es). If you would like to receive the most recently-filed Fund Facts document, at no cost, you may call 1-800-792-9355, email: service@ci.com or contact your financial advisor. You will not have a right to cancel the purchase in respect of the automatic switch, but you will have the right of action in the event a misrepresentation has been made in the disclosure documents.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the CI simplified prospectuses for more details, including eligibility requirements for CI Private Wealth, and consult with your financial advisor before investing. Preferred pricing fee reductions apply to management and administration fees of Class A (ISC), Class F and Class P assets and start at a minimum account investment of $150,000. Additional fee reductions are available at the $500,000, $1M, $2.5M and $5M asset levels. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Investors can combine assets across all CI mutual funds and segregated funds for consideration in qualifying asset level totals; labour sponsored funds and closed end fund products sold by CI Investments are not eligible for consideration and do not contribute to the high watermark calculation. DSC and low load funds are excluded from preferred pricing however these assets contribute to the high watermark calculation. ®CI Investments and the CI Investments design are registered trademarks of CI Investments Inc. ™CI Private Wealth is a trademark of CI Investments Inc.