July - Summer Edition - CI Investments

Fund Facts
as at June 30, 2011
Fund Codes Class A Corporate Class
ISC CIG662 CIG277
DSC CIG646 CIG276
LSC CIG1646 CIG1276
CI Emerging Markets Fund (Class A)
Also available: Class F & I
Mutual Funds
(Class A)
Managed By: CI Investments Inc.
Advisors: Signature Global Advisors
Assets Under Management*: $171.1 million
Portfolio Manager: Matthew Strauss and Eric
Bushell
Asset Class: Emerging Markets Equity
Inception Date: September 1991
NAV: $15.95
Min. Initial Investment: $500
Subsequent Purchase(s): $50
Min. PAC Investment: $50
Management Expense Ratio: 2.72%
Top Holdingsas at June 30, 2011
Samsung Electronics Co. 1.99%
Vale S.A. 1.88%
Sberbank 1.85%
China Shenhua Energy Co Ltd. 1.80%
Industrial and Commercial Bank 1.55%
Petroleo Bras Sa Petro 1.53%
Komercni Banka AS 1.52%
CNOOC Limited 1.48%
Taiwan Semiconductor 1.41%
Turkiye Garanti Bankasi AS 1.28%
Total 16.29%
OBJECTIVE
This fund’s objective is to obtain maximum long−term capital growth.It invests primarily in equity and equity−related securities of
companies that the portfolio advisor believes have good growth potential. These companies are located in emerging markets and
emerging industries of any market. Any change to the investment objective must beapproved by a majority of votes cast at a meeting of
unitholders held for that reason.
Compound Returns and Quartile Rankings (as at June 30, 2011)
This table shows the historical annual compound total return of the fund compared with the Globefund Group Average and Globefund’s
benchmark MSCI Emerging Markets Free ($ Cdn). The returns listed below are percentages. Performance of the fund versus its official
benchmark can be found in the Management Report of Fund Performance (MRFP). See the related document section on this web page.
Since
YTD 1Mo 3Mo 1Yr 3Yr 5Yr 10Yr Inception*
Qrtl 4 3 3 3 3 3 4 {N/A}
Return −7.43 −2.57 −2.8 12.17 −2.88 5.07 6.47 7.13
Grp Avg −4.2 −2.15 −2.24 15.96 0.02 6.71 9.04 {N/A}
Ind Ret −1.87 −1.88 −1.82 16.4 2.81 8.63 11.4 {N/A}
*September 10, 1991
Performance Data
This chart shows you the fund´s annual performance and how an investment would have changed over time.
100%
0%
−100%
Asset Class
−2.6
−14.6
22.8
4.7
CI Emerging Markets
26.7
−45.6
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
34.1
16.5
Current Value of a $10,000 Investment
51.3
11.5
Volatility Meter
International Equity 84.9%
$25,000
CI Emerging Markets
Low
High
Based on 3−year standard deviation relative to other funds
in its category, from Globe HySales.
Canadian Equity 0.5%
Cash 11.4%
United States Equity 3.2%
$20,000
$15,000
$19,254
Equity Style and Capitalization Overview
Blend Growth Value
Large
Mid
Small
Equity Sectors
Information Technology 7.8%
Materials 11.4%
Cash 11.4%
Other 16.7%
Financials 21.7%
Consumer Discretionary 11.6%
Energy 10.6%
Consumer Staples 8.7%
$10,000
$5,000
$0
Dec02 Dec04 Dec06 Dec08 Dec10
Geographic Composition
Source: CI Investments and CTVglobemedia Publishing Inc.
China 9.6%
Taiwan 4.1%
Hong Kong 6.8%
Other 46.9%
Brazil 13.7%
South Korea 9.8%
Thailand 4.4%
South Africa 4.9%
52 SUMMER 2011 PERSPECTIVE AS AT JUNE 30, 2011