CI automates pricing

Toronto-based CI Investments Inc. will offer certain clients fee discounts – automatically. Individual accounts of at least $150,000 or family groups with aggregate assets of $250,000 or more will qualify automatically for discounted fees on a number of CI mutual funds. The discounts, which are available through the CI Preferred Pricing and CI Private Wealth platforms, will apply to the investment-management and administrative fees for CI’s main mutual fund offerings in A-class, F-class and P-class funds. For CI’s Evolution Private Management accounts, the fee discounts will apply to the United Funds’ E-class and F-class units, which will be renamed OF-class. The discounts are expected to take effect in May.

(fcollie@investmentexecutive.com).