CI Floating Rate Income Fund Downgrades Risk Rating to Low — CI Investments Inc. (CI Global Asset Management)

Event summary

CI Global Asset Management changed the risk rating of CI Floating Rate Income Fund from Low-to-Medium to Low, effective immediately.
The change applies to all mutual fund series and the ETF C$ Series (TSX: CFRT).
The Fund’s reference index has been updated to better align with its risk profile and asset mix.
The Fund received a 2025 FundGrade A+® Award in the Floating Rate Loan category.

The big picture

CI Global Asset Management’s decision to lower the risk rating of its Floating Rate Income Fund reflects a strategic realignment with regulatory standards and investor expectations. The change, driven by internal reviews rather than shifts in investment strategy, underscores the firm’s commitment to risk-adjusted performance. With over 1.3 million investors relying on CI GAM’s solutions, this move could set a precedent for other funds in the floating rate income category.

What we're watching

Risk Management: How the lower risk rating will impact investor perception and fund inflows.
Performance Alignment: Whether the new reference index will better reflect the Fund’s risk-adjusted returns.
Regulatory Compliance: The pace at which CI GAM adapts to evolving risk classification methodologies.