CI Financial is a Canadian investment management company based in Toronto, Ontario.

[16][17] In November, CI acquired First Asset Capital Corp., allowing it to expand into offering exchange-traded funds.

[20] In September, CI acquired BBS Securities Inc., parent company of online brokerage Virtual Brokers, due to its investment in Fintech.

[22] In November, CI acquired the Canadian arm of US exchange-traded fund powerhouse WisdomTree Investments.

CI maintained the lineup of Wisdomtree ETFs with no changes to their investment objectives or strategies.

In 2004, the Ontario Securities Commission (OSC) approved settlement agreements with CI Investments and three other fund companies.

As part of the settlement, CI Investments agreed to make a payment of $49.3 million to investors in its mutual funds that were affected by market timing trades carried out by third party investors in certain mutual funds managed by CI Investments.

[36][37] In 2016, CI reached a no-contest settlement with the OSC to pay $156 million to 360,000 investors in its mutual funds.

[38] The settlement was due to CI Investments miscalculating the net asset value of certain funds, by not properly accounting for interest earned from 2009 to 2015.