CI enhances two mutual funds

Toronto-based CI Investments Inc. has made several enhancements to CI Canadian Dividend Growth Fund and CI U.S. Dividend Growth Fund, including the appointment of Cambridge Global Asset Management (a Toronto-based unit of CI) as portfolio advisor and the introduction of monthly distributions. The fund names also have been changed: CI Canadian Dividend Growth Fund will be renamed Cambridge Canadian Dividend Fund; CI U.S. Dividend Growth Fund will be renamed Cambridge U.S. Dividend Fund. Both funds will begin paying a regular monthly distribution to their investors beginning this month. The U.S.-dollar (US$) version of Cambridge U.S. Dividend Fund will pay its monthly distribution in US$. In addition, the requirement to invest in concentrated portfolios has been lifted for both funds, giving the portfolio managers the option of increasing the number of holdings and allowing for increased diversification.

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