CI Investments Inc., the trustee of CI Global Opportunities II Fund, says that the fund will terminate, as scheduled, on June 30.

In addition to the redemption, holders of record on June 29 may receive a distribution.

Immediately prior to termination, the fund will make a final distribution of its net income and net capital gains, if any, to unitholders of record at the close of business of June 29. The final distribution and the remaining net asset value of the fund, as a redemption, will be paid to unitholders on or about July 13. Unitholders will receive their pro rata portion of the fund’s assets as calculated on the close of business on June 29.

Units of the fund will continue to trade on the Toronto Stock Exchange, under the symbol BOI.UN, until the close of business on June 28. All trades in the fund’s units after June 26 will be subject to abbreviated settlement periods of the TSX in order for such trades to settle on June 29 before the fund terminates.

The portfolio advisor to the fund is Trident Investment Management, LLC of New York. Trident, led by chief investment officer Nandu Narayanan, is also the portfolio advisor to Trident Global Opportunities Fund, an open-end hedge fund offered by CI Investments Inc.

Trident employs an investment approach that combines top-down macroeconomic analysis to identify attractive industries and trends with bottom-up analysis and selection of securities.