March - CI Investments

All commentaries are published by CI Investments Inc., themanager of all the funds described herein. They are provided asa general source of information and should not be consideredpersonal investment advice or an offer or solicitation to buy orsell securities. Every effort has been made to ensure that thematerial contained in the commentaries is accurate at the timeof publication. However, CI Investments Inc. cannot guaranteetheir accuracy or completeness and accepts no responsibilityfor any loss arising from any use of or reliance on the informationcontained herein.Commissions, trailing commissions, management fees andexpenses all may be associated with mutual fund investments.Please read the prospectus before investing. Unless otherwiseindicated and except for returns for periods less than oneyear, the indicated rates of return are the historical annualcompounded total returns including changes in security value.All performance data assume reinvestment of all distributionsor dividends and do not take into account sales, redemption,distribution or optional charges or income taxes payable byany securityholder that would have reduced returns. Mutualfunds are not guaranteed, their values change frequently andpast performance may not be repeated. Mutual fund securitiesare not covered by the Canada Deposit Insurance Corporationor by any other government deposit insurer and there can beno assurances that the CI Money Market Funds will maintain itsnet asset value per security at a constant amount or that the fullamount of your investment in these funds will be returned to you.The offering of units of the CI Global Opportunities Fund andTrident Global Opportunities Fund are made pursuant to theirrespective Offering Memorandum only to those investors injurisdictions of Canada who meet certain eligibility or minimumpurchase requirements.Transamerica Life Canada is the sole issuer of the individualvariable annuity contracts providing for investment in CIGuaranteed Investment Funds and Legacy Funds. A descriptionof the key features of the applicable individual variableannuity contract is contained in the CI Guaranteed InvestmentFunds or Legacy Funds Information Folder.Unity Life of Canada has entered into an agreement withCI Investments Inc. pursuant to which CI is responsible forcertain marketing and administrative services in relation tothe CI Segregated Funds. Unity Life of Canada established theindividual variable annuity contract providing for investment inthe CI Segregated Funds. A description of the key features ofthe individual variable annuity contract is contained in theCI Segregated Funds Information Folder.Sun Life Assurance Company of Canada, a member of the Sun LifeFinancial group of companies, is the sole issuer of the individualvariable annuity contracts providing for investment in SunWise,SunWise Elite and Clarica segregated funds. A description of thekey features of the applicable individual variable annuity contract iscontained in the SunWise or Clarica Information Folder.SUBJECT TO ANY APPLICABLE DEATH AND MATURITYGUARANTEES, ANY PART OF THE PREMIUM OR OTHER AMOUNTTHAT IS ALLOCATED TO A SEGREGATED FUND IS INVESTED ATTHE RISK OF THE CONTRACTHOLDER AND MAY INCREASE ORDECREASE IN VALUE ACCORDING TO FLUCTUATIONS IN THEMARKET VALUE OF THE ASSETS OF THE RELEVANT SEGREGATEDFUND.®CI Investments, the CI Investments design, Perspective,Synergy Mutual Funds, Harbour Advisors, Harbour Funds, GlobalManagers, American Managers, Insight and Insight Program,Legacy Funds and CI Guaranteed Investment Funds areregistered trademarks of CI Investments Inc.Portfolio Select Series, Portfolio Series, Signature Funds andSignature Global Advisors are trademarks of CI InvestmentsInc.®TRANSAMERICA is a registered trademark of TransamericaCorporation. Transamerica Life Canada is licensed to usesuch marks. Transamerica Life Canada is registered to carryon business under the name “Transamerica Life Canada”.®SunWise and Clarica are registered trademarks of Sun LifeAssurance Company of Canada.®True North and Fidelity NorthStar are registered trademarks ofFMR Corp.Franklin Templeton Investments, Franklin Templeton InvestmentsQuotential Program and/or Franklin Templeton Investments anddesign are registered trademarks of Franklin Templeton Investmentcorp.*TRIMARK and all associated trademarks are trademarks ofInvesco Trimark Ltd. ®Fidelity Investments and the Fidelity designare registered trademarks of FMR Corp.Nothing herein should be read to constitute an offer or solicitationby Trident Investment Management, LLC or its principal to provideinvestment advisory services to any person or entity.