July - Summer Edition - CI Investments
July - Summer Edition - CI Investments
July - Summer Edition - CI Investments
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Fund Facts<br />
as at June 30, 2011<br />
Fund Codes<br />
ISC<br />
DSC<br />
LSC<br />
Class A<br />
<strong>CI</strong>G7710<br />
<strong>CI</strong>G7715<br />
<strong>CI</strong>G1715<br />
Portfolio Series Balanced Fund (Class A)<br />
Also available: Class F, I & T<br />
Managed Solutions<br />
(Class A)<br />
Managed By: <strong>CI</strong> <strong>Investments</strong> Inc.<br />
Advisors: <strong>CI</strong> Investment Consulting<br />
Assets Under Management*: $1,520.5 million<br />
Portfolio Manager: Multi−manager<br />
Asset Class: Asset Allocation<br />
Inception Date: November 1988<br />
NAV: $23.11<br />
Min. Initial Investment: $500<br />
Subsequent Purchase(s): $50<br />
Min. PAC Investment: $50<br />
Management Expense Ratio: 2.43%<br />
ÿ<br />
Top Holdingsas at June 30, 2011<br />
<strong>CI</strong> Signature Canadian Bond Class I 14.91%<br />
<strong>CI</strong> Canadian Investment Corp Class 9.10%<br />
<strong>CI</strong> Signature High Income 8.85%<br />
<strong>CI</strong> Signature Select Cdn Corp Cl 7.85%<br />
<strong>CI</strong> Global Bond 6.95%<br />
<strong>CI</strong> Signature Corporate Bond 6.48%<br />
<strong>CI</strong> International Value Corp Class 5.92%<br />
<strong>CI</strong> International Corporate Class 5.24%<br />
<strong>CI</strong> Synergy Canadian Corporate Class 5.08%<br />
<strong>CI</strong> American Value Corporate Class 4.47%<br />
OBJECTIVE<br />
This portfolio’s objective is to provide a balance between income and long−term capital growth while diversifying risk by investing in<br />
income and equity mutual funds. Any change to the investment objective must be approved by a majority of votes cast at a meeting of<br />
unitholders held for that reason.<br />
Compound Returns and Quartile Rankings (as at June 30, 2011)<br />
This table shows the historical annual compound total return of the fund compared with the Globefund Group Average and Globefund’s<br />
benchmark Blend: 60% MS<strong>CI</strong> World, 40% Barclays Cap. The returns listed below are percentages. Performance of the fund versus its<br />
official benchmark can be found in the Management Report of Fund Performance (MRFP). See the related document section on this web<br />
page.<br />
Since<br />
YTD 1Mo 3Mo 1Yr 3Yr 5Yr 10Yr Inception*<br />
Qrtl 1 1 2 2 1 1 1 {N/A}<br />
Return 1.49 −1.66 −0.6 13.97 2.06 2.37 4.27 6.94<br />
Grp Avg 0.67 −2.0 −1.36 14.12 1.0 1.2 2.32 {N/A}<br />
Ind Ret 1.27 −1.57 0.58 8.93 1.82 1.7 0.72 {N/A}<br />
*November 9, 1988<br />
Performance Data<br />
This chart shows you the fund´s annual performance and how an investment would have changed over time.<br />
20%<br />
0%<br />
−20%<br />
−0.2<br />
−6.8<br />
13.2<br />
<strong>CI</strong> Portfolio Series Balanced<br />
9.9<br />
11.2<br />
−2.5<br />
−18.4<br />
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010<br />
12.5<br />
16.2<br />
8.7<br />
Total 74.85%<br />
Volatility Meter<br />
Asset Class<br />
Current Value of a $10,000 Investment<br />
<strong>CI</strong> Portfolio Series Balanced<br />
Low<br />
High<br />
Based on 3−year standard deviation relative to other funds<br />
in its category, from Globe HySales.<br />
International Equities 15.0%<br />
Canadian Equities 26.0%<br />
Income 35.0%<br />
$16,000<br />
$14,000<br />
$12,000<br />
$15,196<br />
Equity Style and Capitalization Overview<br />
American Equities 24.0%<br />
$10,000<br />
Blend Growth Value<br />
$8,000<br />
Large<br />
$6,000<br />
Mid<br />
Small<br />
$4,000<br />
$2,000<br />
$0<br />
Dec02 Dec04 Dec06 Dec08 Dec10<br />
Source: <strong>CI</strong> <strong>Investments</strong> and CTVglobemedia Publishing Inc.<br />
42 SUMMER 2011 PERSPECTIVE AS AT JUNE 30, 2011