March - CI Investments

Fund Factsas at March 31, 2010Fund Codes Class A Corporate ClassISC CIG2810 CIG2311DSC CIG3810 CIG3311LSC CIG1610 CIG1311CI Global High Dividend Advantage FundAlso available: Class F & IMutual Funds(Class A)Managed By: CI Investments Inc.Advisors: Epoch Investment Partners, Inc.Assets Under Management: $324.1 millionPortfolio Manager: William PriestAsset Class: Global EquityInception Date: January 2006NAV: $6.47Min. Initial Investment: $500Subsequent Purchase(s): $50Min. PAC Investment: $50Management Expense Ratio: 2.42%Top Holdingsas at March 31, 2010NESTLE N 1.90%Anheuser−Busch InBev NV 1.80%Imperial Tobacco Group PLC 1.77%Altria Group Inc. 1.75%Philip Morris International 1.75%BCE Inc. 1.73%Johnson & Johnson 1.63%Lorillard 1.54%Verizon Communications 1.47%Vodafone Group PLC 1.45%Total 16.79%OBJECTIVEThis fund’s objectives are to provide investors with a stable stream of tax efficient monthly distributions, consisting mostly of capitalgains and returns of capital, of $0.05 per unit($0.60 per annum) and endeavour to preserve and enhance the net asset value of the fund.Any change to the investment objective must be approved by a majority of votes cast at a meeting of unitholders held for that reason.Compound Returns and Quartile Rankings (as at March 31, 2010)This table shows the historical annual compound total return of the fund compared with the Globefund Group Average and Globefund’sbenchmark MSCI World ($ Cdn). The returns listed below are percentages.YTD 1Mo 3Mo 1Yr 3Yr 5Yr 10YrSinceInception*Qrtl 4 4 4 4 3 {N/A} {N/A} {N/A}Return −1.61 1.88 −1.61 16.2 −9.14 {N/A} {N/A} −3.24Grp Avg 0.76 3.11 0.76 28.34 −8.5 −0.69 −2.42 {N/A}Ind Ret 0.29 2.51 0.29 23.49 −8.79 −0.1 −3.08 {N/A}*February 28, 2006Performance DataThis chart shows you the fund´s annual performance and how an investment would have changed over time. Volatility MeterAsset ClassCurrent Value of a $10,000 InvestmentLowHighBased on 3−year standard deviation relative to other fundsin its category, from Globe HySales.Equity Style and Capitalization OverviewLargeMidSmallBlend Growth ValueEquity SectorsUnited States Equity 50.9%Cash 2.5%International Equity 42.0%Canadian Equity 4.5%Cash 2.5%Telecommunication Services 13.9%Energy 9.4%Consumer Staples 18.0%Other 24.0%Utilities 15.5%Industrials 8.5%Financials 8.0% Geographic CompositionSource: CI Investments and CTVglobemedia Publishing Inc.United States 50.9%France 6.1%Belgium 2.4%Canada 4.5%United Kingdom 17.1%Other 12.1%Germany 2.6%Switzerland 4.3%PAGE 61 • SPRING 2010 PERSPECTIVE AS AT MARCH 31, 2010