(January 11 – 15:55 ET) – C.I. Mutual Funds it at it again. C.I. has filed a preliminary prospectus for another group of eight RSP-eligible clone funds. At the same time C.I. is looking to add a new group of sector funds, most of which are based on the BPI fund lineup.

The RSP clones — Emerging Markets, European, Global Biotechnology, Global Consumer Products, Global Energy, Japanese, Pacific — are based on existing funds. While Multi-Manager RSP fund is new, along with it’s underlying fund.

The new sector funds include: C.I. European Sector and C.I. Multi-Manager Sector, BPI American Equity Value Sector, BPI Global Equity Value Sector, BPI International Equity Value Sector, BPI American Small Companies Sector and BPI Global Small Companies Sector.

All C.I.’s sector group of funds are based on existing underlying funds. However, they are structured as corporations rather than trusts and have certain tax advantages. Distributions are treated as corporate dividends and eligible for the dividend tax credit, while capital gains attract the capital gains exemption.