July - Summer Edition - CI Investments

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Fund Facts as at June 30, 2011 Fund Codes Class A Corporate Class ISC CIG7420 CIG2307 DSC CIG7425 CIG3307 LSC CIG1425 CIG1307 CI Canadian Investment Fund (Class A) Also available: Class F & I Mutual Funds (Class A) Managed By: CI Investments Inc. Advisors: Tetrem Capital Management Ltd. Assets Under Management*: $3,234.4 million Portfolio Manager: Daniel Bubis Asset Class: Canadian Equity Inception Date: November 1932 NAV: $25.58 Min. Initial Investment: $500 Subsequent Purchase(s): $50 Min. PAC Investment: $50 Management Expense Ratio: 2.37% OBJECTIVE This fund’s objective is to achieve long−term capital growth by investing primarily in shares of major Canadian corporations. 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/TSX Total Return. 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 2 2 2 1 1 1 1 {N/A} Return 1.15 −2.25 −3.69 20.56 1.34 3.49 7.95 9.9 Grp Avg 0.09 −2.62 −4.1 17.52 −0.79 1.97 4.74 {N/A} Ind Ret 0.16 −3.33 −5.15 20.87 0.19 5.67 8.05 {N/A} *January 29, 1977 Performance Data This chart shows you the fund´s annual performance and how an investment would have changed over time. Top Holdings as at June 30, 2011 TD Bank 6.19% Barrick Gold Corp. 4.86% Suncor Energy 4.25% Potash Corp. of Saskatchewan 3.79% Royal Bank of Canada 2.87% EnCana Corp. 2.66% Manulife Financial 2.50% Power Corp of Canada 2.39% Magna International 2.19% Canadian Natural Resources 2.11% 50% 0% −50% 8.9 CI Canadian Investment 19.6 15.2 22.0 27.6 14.3 0.0 1.5 −27.4 13.2 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Total 33.81% Volatility Meter Asset Class Current Value of a $10,000 Investment CI Canadian Investment Canadian Equity 72.8% $25,000 Low High Based on 3−year standard deviation relative to other funds in its category, from Globe HySales. Equity Style and Capitalization Overview Large Mid Small Blend Growth Value Equity Sectors Cash 2.0% Bond 0.4% United States Equity 12.6% International Equity 12.2% Cash 2.0% Other 8.0% Industrials 10.0% Energy 24.3% Financials 24.4% Materials 18.7% Consumer Discretionary 8.0% Information Technology 4.4% $20,000 $15,000 $10,000 $5,000 $0 Dec02 Dec04 Dec06 Dec08 Dec10 $21,193 Geographic Composition Source: CI Investments and CTVglobemedia Publishing Inc. Canada 73.2% Japan 2.8% Netherlands 1.1% United Kingdom 1.7% United States 12.6% Other 5.9% Germany 1.2% Switzerland 1.5% 56 SUMMER 2011 PERSPECTIVE AS AT JUNE 30, 2011
Fund Facts as at June 30, 2011 Fund Codes Class A Corporate Class ISC CIG690 CIG290 DSC CIG890 CIG790 LSC CIG1890 CIG1790 Harbour Fund (Class A) Also available: Class F & I Mutual Funds (Class A) Managed By: CI Investments Inc. Advisors: Harbour Advisors Assets Under Management*: $4,382.1 million Portfolio Manager: Gerald Coleman and Stephen Jenkins Asset Class: Canadian Equity Inception Date: June 1997 NAV: $21.54 Min. Initial Investment: $500 Subsequent Purchase(s): $50 Min. PAC Investment: $50 Management Expense Ratio: 2.43% OBJECTIVE This fund’s objective is to obtain maximum long−term capital growth. It invests primarily in equity and equity−related securities of high quality, large and mid−capitalization Canadian companies that the portfolio adviser believes have good potential for future growth. 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/TSX Total Return. 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 2 1 2 2 2 1 1 {N/A} Return 0.75 −1.73 −3.06 17.83 0.87 4.09 7.74 7.92 Grp Avg 0.09 −2.62 −4.1 17.52 −0.79 1.97 4.74 {N/A} Ind Ret 0.16 −3.33 −5.15 20.87 0.19 5.67 8.05 {N/A} *June 27, 1997 Performance Data This chart shows you the fund´s annual performance and how an investment would have changed over time. Top Holdings as at June 30, 2011 Suncor Energy − BHP Billiton Limited − Canadian National Railway − Potash Corp. of Saskatchewan − Tim Hortons − CIBC − Bank of Nova Scotia − Talisman Energy − Goldcorp Inc. − Cisco Systems − Total 41.05% 50% 0% −50% Asset Class 7.3 CI Harbour 15.8 23.5 15.2 26.9 −0.9 10.6 6.2 −24.5 9.5 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Current Value of a $10,000 Investment Volatility Meter Canadian Equity 52.2% $25,000 CI Harbour Low High Based on 3−year standard deviation relative to other funds in its category, from Globe HySales. Cash 7.3% United States Equity 26.0% International Equity 14.5% $20,000 $15,000 $20,968 Equity Style and Capitalization Overview Blend Growth Value Large Mid Small Equity Sectors Consumer Discretionary 6.6% Industrials 8.2% Information Technology 9.1% Financials 19.8% Energy 21.7% Materials 19.5% Other 7.6% Cash 7.3% $10,000 $5,000 $0 Dec02 Dec04 Dec06 Dec08 Dec10 Geographic Composition Source: CI Investments and CTVglobemedia Publishing Inc. Canada 52.2% Australia 7.0% China 0.4% United Kingdom 4.4% United States 26.0% Other 7.3% Belgium 0.4% Taiwan 2.4% SUMMER 2011 PERSPECTIVE AS AT JUNE 30, 2011 57
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www.ci.com/perspective Summer 2011
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Summer 2011 Dear Advisor, CI Invest
Page 5 and 6:
Introducing Black Creek That gives
Page 7 and 8: Introducing Black Creek [Q] Why hav
Page 9 and 10: Book reviews Book reviews Settling
Page 11 and 12: Book reviews NON-FICTION: The Big S
Page 13 and 14: Book reviews Brandon Snow Principal
Page 15 and 16: Book reviews Malcolm White Vice-Pre
Page 17 and 18: Portfolio Snapshot Performance YTD
Page 23 and 24: Signature Market Roundup Interest r
Page 25 and 26: Signature Market Roundup Consumer p
Page 27 and 28: Signature Market Roundup Global ind
Page 29 and 30: Signature Market Roundup High-yield
Page 31 and 32: Commentary In addition to the above
Page 33 and 34: Commentary eBay and Wienerberger. C
Page 35 and 36: Commentary Stephen Jenkins Senior V
Page 37 and 38: Tetrem Capital Management Ltd. Comm
Page 39 and 40: In choosing the Fund Manager of the
Page 41 and 42: Fund Facts as at June 30, 2011 Fund
Page 57: Fund Facts as at June 30, 2011 Fund
Page 73 and 74: Summary of capped funds MUTUAL/HEDG
Page 75 and 76: CI Corporate Class cont’d LEAD MA
Page 77 and 78: Portfolio Select Series LEAD MANAG
Page 79 and 80: CI GIFs (Class A units) 1 Issued by
Page 81 and 82: Clarica MVP Segregated Funds LEAD M
Page 83 and 84: Clarica Portfolio Segregated Funds
Page 85 and 86: SunWise ® I Funds Full Guarantee c
Page 87 and 88: SunWise ® II Funds Basic Guarantee
Page 89 and 90: SunWise ® II Funds Combined Guaran
Page 91 and 92: SunWise ® II Funds Full Guarantee
Page 93 and 94: SunWise ® Basic Guarantee Elite Fu
Page 95 and 96: SunWise ® Elite Funds Combined Gua
Page 97 and 98: SunWise ® Full Guarantee cont’d
Page 99 and 100: SunWise ® Investment Class Essenti
Page 101 and 102: SunWise ® Estate Class cont’d Es
Page 103 and 104: All commentaries are published by C
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July - Summer Edition - CI Investments

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