CI Global Asset ManagementNew Age Alpha to Convert NAA Allocation Fund Into ETF
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
CI Global Asset Management has lowered the risk rating of the CI Floating Rate Income Fund, including its ETF C$ Series (TSX: CFRT), from “Low-to-Medium” to “Low.” The change follows CI GAM’s regular risk review and does not reflect any adjustments to the fund’s investment objectives, strategy or management. CI GAM also introduced a new blended reference index combining leveraged loans, short-term US high-yield debt and Canadian short-term corporate bonds to better represent the fund’s asset mix and risk profile.
At a glance
- Beat
- Fund Updates
- Issuer
- CI Global Asset Management
- Region
- Canada
- Filed
- 8 September 2026
Source: Press Release
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