July - Summer Edition - CI Investments

Fund Facts
as at June 30, 2011
Fund Codes Class A Corporate Class
ISC CIG7500 CIG510
DSC CIG7505 CIG511
LSC CIG1510 CIG1511
CI American Value Corporate Class (Class A)
Mutual Funds
(Class A)
Managed By: CI Investments Inc.
Advisors: Epoch Investment Partners, Inc.
Assets Under Management*: $324.5 million
Portfolio Manager: William Priest and David Pearl
Asset Class: American Equity
Inception Date: July 2001
NAV: $10.38
Min. Initial Investment: $500
Subsequent Purchase(s): $50
Min. PAC Investment: $50
Management Expense Ratio: 2.43%
OBJECTIVE
This fund’s objective is to provide superior returns with a limited level of risk by investing in a diversified portfolio of high quality
undervalued companies. It invests primarily in equity and equity−related securities of companies in the United States. Any change to the
investment objective must be approved by a majority of votes cast at a meeting of unitholders held for that reason.
Compound Returns and Quartile Rankings (as at June 30, 2011)
This table shows the historical annual compound total return of the fund compared with the Globefund Group Average and Globefund’s
benchmark S&P 500 Composite Total Return Idx($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.
YTD 1Mo 3Mo 1Yr 3Yr 5Yr 10Yr
Since
Inception*
Qrtl 2 2 1 2 2 1 {N/A} {N/A}
Return 3.28 −2.26 −0.38 17.55 −1.1 0.49 {N/A} 0.38
Grp Avg 2.2 −2.16 −1.25 20.14 −0.63 −1.9 −2.16 {N/A}
Ind Ret 2.8 −2.12 −0.67 18.83 1.47 0.0 −1.84 {N/A}
Top Holdings as at June 30, 2011
Exxon Mobil 2.80%
Microsoft 2.79%
Oracle Corp. 2.57%
Praxair 2.56%
Comcast Corp. 2.54%
DaVita 2.46%
Franklin Resources 2.42%
Thermo Fisher Scientific 2.30%
Boeing Co. 2.18%
Ameriprise Financial 2.03%
Total 24.65%
Volatility Meter
Low
High
Based on 3−year standard deviation relative to other funds
in its category, from Globe HySales.
Performance Data
This chart shows you the fund´s annual performance and how an investment would have changed over time.
Asset Class
United States Equity 83.7%
Cash 14.6%
International Equity 1.7%
Current Value of a $10,000 Investment
$15,000
$10,000
$10,380
Equity Style and Capitalization Overview
Large
Mid
Small
Blend Growth Value
Equity Sectors
Industrials 8.9%
Health Care 11.8%
Other 10.0%
Information Technology 16.4%
Financials 19.2%
Cash 14.6%
Consumer Discretionary 9.6%
Energy 9.5%
$5,000
$0
Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Jun10
Geographic Composition
United States 83.7%
Other 14.6%
Ireland 1.7%
Source: CI Investments and CTVglobemedia Publishing Inc.
54 SUMMER 2011 PERSPECTIVE AS AT JUNE 30, 2011