CI Global Asset Management Launches New ETF C$ Unhedged Series of CI Gold Bullion Fund

TORONTO (March 22, 2021) – CI Global Asset Management (“CI GAM”) today announced the launch of the ETF C$ Unhedged Series of CI Gold Bullion Fund (the “ETF”). This new series begins trading today on the Toronto Stock Exchange under the ticker symbol VALT.B.

ETF US$ Series units and ETF C$ Hedged Series units currently trade under the ticker symbols VALT.U and VALT, respectively.

CI Gold Bullion Fund seeks to buy and hold substantially all its assets in gold bullion and to reflect the performance of the price of gold, as represented by the LBMA Gold Price PM, less the ETF's expenses.

About CI Global Asset Management

CI Global Asset Management is one of Canada’s largest investment management companies. It offers a wide range of investment products and services and is on the Web at www.ci.com. CI GAM is a subsidiary of CI Financial Corp. (TSX: CIX, NYSE: CIXX), an independent company offering global asset management and wealth management advisory services with approximately $236.5 billion in total assets as at February 28, 2021.

Commissions, trailing commissions, management fees and expenses all may be associated with an investment in mutual funds and exchange-traded funds (ETFs). Please read the prospectus before investing. Important information about the ETF is contained in its prospectus. ETFs are not guaranteed; their values change frequently and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on recognized Canadian exchanges. If the units are purchased or sold on these Canadian exchanges, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them.