July - Summer Edition - CI Investments

Portfolio Snapshot
Cambridge Global Equity June 30, 2011
Fund management
Portfolio advisor: Cambridge Advisors
Portfolio manager: (start date)
Alan Radlo (January 2008
Brandon Snow (April 2011)
About Cambridge
• Cambridge Advisors is a Boston and Toronto-based
investment management team which currently manages
over $3 billion in assets.
• It is led by Alan Radlo, Chief investment Officer, who has
over 28 years of investment experience.
• The team has a proven ability to protect investors’ capital
in all markets.
• Cambridge funds provide growth with downside protection.
• The funds have flexible mandates, which are ideal for
pursuing good buying opportunities.
Fund characteristics
Fund inception date:
December 2007
Assets:
$619 million*
*Class A shares at June 30, 2011
Investment objective:
The fund’s objective is to achieve long-term capital growth by
investing primarily in equity securities of companies located
anywhere in the world.
How is the fund managed?
• Although the fund tends to focus on the developed world,
there are no restrictions to its geographic allocation.
• The portfolio is made up of small to large-cap stocks and
encompasses all industry sectors.
• The manager seeks companies which are building economic
value – these typically have strong earnings, solid balance
sheets, excellent management and reasonable values.
Why invest in this fund?
• You want a core foreign equity fund for your portfolio
• you are investing for the medium and/or long term
• you can tolerate medium risk
Holdings analysis
Asset class
International equity 50%
US equity 38%
Cash & equivalents 8%
Canadian equity 4%
Country breakdown
United States 38%
Other 14%
Britain 14%
Germany 12%
France 5%
Canada 4%
Jersey Island 4%
Switzerland 4%
Norway 3%
Denmark 2%
Sector
Industrials 23%
Information technology 19%
Energy 15%
Health care 10%
Cash 8%
Financials 8%
Materials 8%
Consumer discretionary 7%
Utilities 2%
14 SUMMER 2011 PERSPECTIVE AS AT JUNE 30, 2011