Coindesk Logo

CI Global Asset Management Launches Bitcoin Mutual Fund in Canada

CI Global Asset Management Launches Bitcoin Mutual Fund in Canada

CI Global Asset Management Launches Bitcoin Mutual Fund in Canada

Through the fund, Canadian investors would be able to access the bitcoin market at what CI said was an industry-low management fee.

Through the fund, Canadian investors would be able to access the bitcoin market at what CI said was an industry-low management fee.

Through the fund, Canadian investors would be able to access the bitcoin market at what CI said was an industry-low management fee.

AccessTimeIconApr 5, 2021, 3:39 PM
Updated Aug 19, 2021, 8:33 AM

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

CI Global Asset Management, a unit of a firm overseeing more than $230 billion in assets, launched CI Bitcoin Fund, which it described as North America’s first mutual fund to provide dedicated exposure to bitcoin.

  • Through the fund, Canadian investors would be able to access the bitcoin market at what CI said was an industry-low management fee of 0.40% (Series F) and with an initial minimum investment of $500.
  • In February, Canada-based CI Global filed to issue North America's third bitcoin exchange-traded fund (ETF) and four days later filed for what would be the world's first ether ETF.
  • CI Global is a unit of CI Financial, one of Canada’s largest investment management companies.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.