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>G2602<br />
<strong>CI</strong>G3602<br />
<strong>CI</strong>G1602<br />
Portfolio Series Growth 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*: $345.2 million<br />
Portfolio Manager: Multi−manager<br />
Asset Class: Asset Allocation<br />
Inception Date: December 2001<br />
NAV: $12.05<br />
Min. Initial Investment: $500<br />
Subsequent Purchase(s): $50<br />
Min. PAC Investment: $50<br />
Management Expense Ratio: 2.45%<br />
ÿ<br />
Top Holdingsas at June 30, 2011<br />
<strong>CI</strong> Signature Canadian Bond Class I 11.21%<br />
<strong>CI</strong> Canadian Investment Corp Class 10.66%<br />
<strong>CI</strong> Signature Select Cdn Corp Cl 9.16%<br />
<strong>CI</strong> International Value Corp Class 7.71%<br />
<strong>CI</strong> International Corporate Class 6.99%<br />
<strong>CI</strong> Cambridge Global Eqt CC 5.69%<br />
<strong>CI</strong> Harbour Corporate Class 5.58%<br />
<strong>CI</strong> Signature High Income 4.97%<br />
<strong>CI</strong> American Value Corporate Class 4.96%<br />
<strong>CI</strong> Synergy Canadian Corporate Class 4.87%<br />
OBJECTIVE<br />
This portfolio’s objective is to provide long−term capital growth by investing directly in other mutual funds managed by <strong>CI</strong>. Any change to<br />
the investment objective must be approved by a majority of votes cast at a meeting of 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 2 2 2 1 3 2 {N/A} {N/A}<br />
Return 0.92 −2.03 −1.39 16.05 0.5 1.39 {N/A} 2.86<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 />
*December 17, 2001<br />
Performance Data<br />
This chart shows you the fund´s annual performance and how an investment would have changed over time.<br />
50%<br />
0%<br />
−50%<br />
−11.6<br />
12.8<br />
<strong>CI</strong> Portfolio Series Growth<br />
8.7<br />
8.8<br />
−3.0<br />
−24.1<br />
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010<br />
13.4<br />
17.9<br />
9.5<br />
Total 71.80%<br />
Volatility Meter<br />
Asset Class<br />
Current Value of a $10,000 Investment<br />
<strong>CI</strong> Portfolio Series Growth<br />
Low<br />
High<br />
Based on 3−year standard deviation relative to other funds<br />
in its category, from Globe HySales.<br />
Equity Style and Capitalization Overview<br />
Income 20.0%<br />
American Equities 28.0%<br />
Canadian Equities 31.0%<br />
International Equities 21.0%<br />
$14,000<br />
$12,000<br />
$10,000<br />
$8,000<br />
$12,836<br />
Large<br />
Blend Growth Value<br />
$6,000<br />
Mid<br />
$4,000<br />
Small<br />
$2,000<br />
$0<br />
Dec02 Dec04 Dec06 Dec08 Dec10<br />
Source: <strong>CI</strong> <strong>Investments</strong> and CTVglobemedia Publishing Inc.<br />
44 SUMMER 2011 PERSPECTIVE AS AT JUNE 30, 2011