Manager Profile - CI Investments

Manager Profile

The Greystone team
As Canada’s fifth-largest manager of pension assets with
over $34 billion under management, Greystone Managed
Investments Inc. adheres to a consistent, risk-conscious
investment process with the long-term perspective its clients
demand. Founded in 1988, Greystone serves institutional
clients, but makes its expertise available to Canadian
mutual fund clients exclusively through CI Investments.
Robert L. Vanderhooft
Team-based decisions are central to
the Greystone approach. The team is
led by Robert L. Vanderhooft, CFA,
Chief Executive Officer and Chief
Investment Officer.
Chief Investment Officer
Robert L. Vanderhooft
Canadian equities
Donald MacKay, CFA,
Managing Director
James Baldwin, CFA,
Vice-President
Rod Balkwill, CFA, CMA,
Vice-President
Mark Scollan, CFA,
Senior Portfolio Manager
Heather Greenman, CFA,
Senior Portfolio Manager
Curtis Runge, CFA,
Portfolio Manager
U.S. equities
Grant Stahl, CFA,
Senior Vice-President
J. Blair Ledingham, CFA,
Senior Portfolio Manager
Himanshu Sharma, CFA, MBA,
Senior Portfolio Manager
Jardin Schnurr, CFA, CAIA,
Portfolio Manager
Perry Siu, CFA,
Analyst
Paula Britton,
Analyst
Garret Meier,
Analyst

Investment philosophy
Greystone is a risk-conscious manager using a growthstyle
approach to stock selection. The firm believes an
asset’s ability to generate sustainable income creates value
for investors. An active manager, Greystone employs
diversification to reduce risk and enhance returns.
Investment process
Greystone’s disciplined investment process combines
quantitative and qualitative analysis and top-down and
bottom-up perspectives to create focused, diversified
portfolios. Decisions are made collectively by the team,
ensuring consistency of philosophy and process across
the years.
Greystone’s equity approach illustrates the team’s process:
Step 1: Quantitative screening of the entire Canadian and
U.S. equity universe using a proprietary model to
identify companies likely to produce sustainable
earnings growth. Greystone professionals look for
such factors as:
n earnings growth
n earnings revisions
n earnings surprises
n momentum
n yield.
Step 2: Qualitative review of the resulting candidates
to assess management strength, business plans,
market share, products and potential liabilities.
Step 3: Team-based portfolio construction: the full team
participates in decisions to buy or sell a stock.
Step 4: Continuous monitoring with addition or removal
of holdings considered by entire team.
Greystone’s expertise is available through the
following CI funds:
CI Canadian Dividend Growth Fund
The fund’s objective is to provide primarily a predictable
stream of income and, secondarily, modest long-term
capital appreciation, by investing in an actively managed
portfolio of primarily Canadian stocks.
CI U.S. Dividend Growth Fund
The fund’s objective is to provide modest long-term
capital appreciation and dividend income by investing in
an actively managed portfolio of primarily U.S. equities.
Sell Discipline
Concentrated
Portfolio
Buy Process
Top-Ranked 20%
700 Canadian Stocks

Greystone Fund Codes
(All fund codes begin with CIG) Class A Class B
(DSC)
(LL)
FUNDS
CI Canadian Dividend Growth Fund 11112 11212 11412
CI U.S. Dividend Growth Fund 11113 11213 11413
Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the
prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.
®
CI Investments and the CI Investments design are registered trademarks of CI Investments Inc. First published November 2012.
2 Queen Street East, Twentieth Floor, Toronto, Ontario M5C 3G7 I www.ci.com
Head Office / Toronto
416-364-1145
1-800-268-9374
Calgary
403-205-4396
1-800-776-9027
Montreal
514-875-0090
1-800-268-1602
Vancouver
604-681-3346
1-800-665-6994
Client Services
English: 1-800-563-5181
French: 1-800-668-3528
1210-1705_E (10-12)