CI Enhanced Short Duration Bond Fund*

The First Asset ETFs investment objective is to provide absolute returns through interest income and capital gains and its risk objective is to have very low volatility and positive returns over any twelve month period. The First Asset ETFs investment objective is to provide absolute returns through interest income and capital gains and its risk objective is to have very low volatility and positive returns over any twelve month period. The First Asset ETF will primarily invest in debt instruments across the credit spectrum including cash, government debt, investment grade corporate debt, high yield corporate debt, government debt futures, convertible debentures and credit derivatives. The First Asset ETFs strategy will primarily focus on US and Canadian corporate bonds and will include the use of government bond futures to manage the duration of the fund according to the volatility objectives.