CI Funds announced today that it has changed its name to CI Investments.

“Over the past four decades, CI has grown into a leading investment management firm and today we manage about $50 billion on behalf of two million Canadian investors,” says Peter Anderson, CI president and CEO.

“The new name is a better reflection of our broad and diverse lineup of investment options, including mutual funds, segregated funds, structured products, alternative investments and asset allocation programs,” he adds.

In conjunction with its name change, CI has adopted a new logo and a new website address, www.ci.com.

CI has also changed its legal name to CI Investments Inc. from CI Mutual Funds Inc.

Meanwhile, CI’s parent company, CI Fund Management Inc., announced that it has adopted the name CI Financial, to reflect its status as a diversified wealth management firm and a holding company for a varied range of financial services businesses – CI Investments, Assante Wealth Management and Skylon Advisors Inc.

CI Fund Management intends to change its legal name to CI Financial Inc., pending the approval of shareholders.