CI Investments to offer fee discounts through 2 new programs

By Staff | March 14, 2017 | Last updated on March 14, 2017
1 min read

CI Investments has filed amended and restated prospectuses to provide eligible investors with the benefit of automatically applied fee discounts through new CI Preferred Pricing and CI Private Wealth programs. These programs are set for launch in May 2017.

“We want to ensure that clients automatically receive preferred pricing upon reaching certain thresholds,” says Roy Ratnavel, senior vice-president of CI. “The more assets that clients invest […], the larger the price discount that is applied.”

The price discounts will apply to investment management and administration fees on CI’s core mutual fund offerings in Class A, Class F and a newly created Class P. Also, for Evolution Private Managed Accounts, price discounts will apply to investment management and administration fees for the United Funds’ Class E and a newly created Class F.

Price discounts for most funds will start at the $150,000 per account level, and discounts will increase as client asset levels rise. Extended family groups with aggregate asset levels of $250,000 or more can be linked for pricing purposes, leading to additional discounts.

CI Private Wealth, which is designed for affluent and high net worth investors, offers enhanced options, including individual or consolidated client reporting and annual online tax reporting.

CI has also announced that Class E, EF and O units and shares of CI Funds will be closed to new investors in early fall 2017. staff


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