DDJ High Yield Fund announces termination and final valuation

TSX Symbol: HYB.UN

TORONTO, Aug. 16, 2017 /CNW/ - Further to its announcement on June 12, 2017, CI Investments Inc., the manager of DDJ High Yield Fund (the "Fund") (TSX: HYB.UN), announces that the Fund was terminated effective August 15, 2017. The units of the Fund were delisted from the Toronto Stock Exchange as at the close of business on August 14, 2017.

The Fund's final net asset value per unit of $10.450215 will be paid as a distribution to the Fund's unitholders on or about August 18, 2017, following which the units will be cancelled.

About CI Investments – Canada's Investment Company
CI Investments is one of Canada's largest investment management companies. It offers a wide range of investment products and services, and is on the Web at www.ci.com. CI is a subsidiary of CI Financial Corp. (TSX: CIX), an independent, Canadian-owned wealth management firm with approximately $160.5 billion in assets as of July 31, 2017.

This press release may contain forward-looking statements about a CI fund, future performance, strategies or prospects, and possible future fund action. These statements reflect the managers' current beliefs and are based on information currently available to them. Forward-looking statements are not guarantees of future performance. We caution you not to place undue reliance on these statements as a number of factors could cause actual events or results to differ materially from those expressed in any forward-looking statement, including economic, political and market changes and other developments.

SOURCE CI Financial Corp.