ADP Investor Communications Corp., DataSmart Solutions Division (ADP) today announced that CI Mutual Funds Inc. has agreed to provide CI prospectuses and amendment documents to dealers through ADP’s Smart Prospectus service.

Smart Prospectus was designed to assist dealers in meeting statutory delivery requirements and to replace current manual fulfillment practices that are unreliable and costly. With the service, investors receive only the relevant information about their recent mutual fund investments.

Numerous dealers have adopted Smart Prospectus since its launch in July 2003, but CI is the first fund company to provide its fund documents without cost to the dealers.

“CI’s support of Smart Prospectus is a big help to our dealer clients. They traditionally received printed prospectuses and amendments from the fund managers in order to deliver to investors. Having the fund manager extend this print facility to dealers using Smart Prospectus reduces costs for the industry as a whole and for the investor,” saidSue Britton, vice president, ADP DataSmart Solutions, in a news release.

“CI has always been a leader in using technology and adopting innovations to speed up the delivery of information to investors and reduce expenses,” said Marcelo Donato, senior vice president, marketing of CI. “ADP’s Smart Prospectus is a solution that benefits investors in our funds by cutting costs and ensuring they receive only the information they need. We are also pleased to make it easier for dealers to do business with CI.”

ADP received the required regulatory ruling allowing dealers to commence using Smart Prospectus on April 21, 2003, eliminating the need for individual dealer applications.