The case for crypto
Bitcoin has been a force since its invention, creating a new type of digital asset that may become the biggest technological innovation since the internet. Just as the computer and the internet radically transformed the way people store, process and share information, cryptocurrencies have radically enhanced the ways we store, process and exchange monetary value. As the world continues to become more digitized, bitcoin will continue to differentiate itself further from traditional assets.
CI Galaxy Bitcoin Funds
Bitcoin offering with the world's lowest management fee.
Lowest Bitcoin ETF MER in the world (to not exceed 0.95%*).
The first cryptocurrency, bitcoin offers investors tremendous growth potential and diversification benefits. But it can be complicated and expensive for individuals to access. In addition to having the lowest management fee, our CI Galaxy Bitcoin solutions are also:
The funds only invest in bitcoin
You get exposure to bitcoin without the hassle of keys, wallets, cold storage, or the need to convert to cash
The funds' bitcoin is stored safely in "cold" storage that is completely offline
This exciting crypto offering has no investment minimums
Investors get the expertise of cryptocurrency leaders Galaxy Fund Management and CI Global Asset Management
CI Galaxy Bitcoin ETF invests in bitcoin and CI Bitcoin Fund provides exposure to bitcoin by buying units of CI Galaxy Bitcoin ETF. Given the speculative nature of bitcoin and the volatility of the bitcoin markets, there is no assurance that these products will be able to meet their investment objective. Investing in these products is considered high risk and is appropriate only for investors who have the capacity to absorb a loss of some or all of their investment.
Investors can no longer dismiss the potential bitcoin offers. And cryptocurrency solutions like CI Galaxy Bitcoin make it easier – and more cost-effective – for all investors to access this enhanced digital asset.
Exciting investor benefits
Bitcoin offers investors the potential for:
Cryptocurrencies have low correlation to traditional assets like stocks, bonds and cash.
If bitcoin were an asset class, it would be the best performer over the one-, five-, and ten-year period.1
an emerging asset class
Bitcoin has become an institutional asset in less than a decade.
1Source: Galaxy Digital Research. These statements reflect the views of Galaxy Digital Capital Management and does not necessarily reflect the view of the broader financial services industry.
It should be noted, cryptocurrencies are volatile and do carry additional risks along with the potential for higher returns. Investors should read the prospectus carefully before investing.
The key benefits of bitcoin
Bitcoin is scarce
- there will only ever be 21 million bitcoin in existence.
It is a democratized digital currency
- there is no government or macro control and no single point of failure.
Bitcoin is secure
- it is cryptographically secured and provides validated transactions.
Bitcoin is a top-performing asset
Source: Bloomberg Finance L.P., as of May 31, 2021. Past performance of bitcoin is not indicative of future results.
We are excited to build on our existing relationship with Galaxy, which we believe has the deepest global expertise in the cryptocurrency market.
– Kurt MacAlpine, CEO of CI Financial
Galaxy Fund Management
Partnering with a digital asset leader
Galaxy Fund Management (GFM) is the subadvisor for CI Galaxy Bitcoin ETF and CI Bitcoin Fund. GFM sits within the asset management arm of Galaxy Digital, a diversified financial services firm dedicated to the digital asset and blockchain technology sector. The GFM team has deep institutional experience managing third-party capital across traditional and alternative asset classes, strong relationships with institutional service providers and counterparties, and exceptional connectivity throughout the blockchain and digital assets ecosystem.
As subadvisor, GFM executes bitcoin trading on behalf of the Bitcoin ETF.
We believe strongly in the value of sound financial advice.
Please contact your CI Sales Team representative to learn more.1-800-268-9374
CI Galaxy Bitcoin Funds (the "Funds") invests in the digital currency bitcoin. Given the speculative nature of bitcoin and the volatility of the bitcoin markets, there is no assurance that the Funds will be able to meet its investment objective. An investment in the Funds is not intended as a complete investment program and is appropriate only for investors who have the capacity to absorb a loss of some or all of their investment. An investment in the Funds is considered high risk.
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 mutual funds and ETFs is contained in their respective prospectus. Mutual funds and 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.
This document is provided as a general source of information and should not be considered personal, legal, accounting, tax or investment advice, or construed as an endorsement or recommendation of any entity or security discussed. Every effort has been made to ensure that the material contained in this document is accurate at the time of publication. Market conditions may change which may impact the information contained in this document. All charts and illustrations in this document are for illustrative purposes only. They are not intended to predict or project investment results. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies.
Certain statements contained in this communication are based in whole or in part on information provided by third parties and CI Global Asset Management has taken reasonable steps to ensure their accuracy. Market conditions may change which may impact the information contained in this document.
The CI Galaxy Bitcoin Funds are alternative mutual funds and have the ability to invest in asset classes and use investment strategies that are not permitted for conventional mutual funds. Galaxy Digital Capital Management LP is the bitcoin subadvisor for the Funds. CI Investments Inc. is the manager, trustee and promoter of the Funds.
*CI Global Asset Management announced an ongoing cap on the MER of the ETF (or the fund’s underlying investment) to not exceed 0.95%. The management expense ratio (MER) represents the total of the management fee, operating expenses and taxes.
CI Global Asset Management is a registered business name of CI Investments Inc.
©CI Investments Inc. 2021. All rights reserved.
Published March 8, 2021