March - CI Investments

Fund Factsas at March 31, 2010Fund Codes Class A Corporate ClassISC CIG690 CIG290DSC CIG890 CIG790LSC CIG1890 CIG1790Harbour FundAlso available: Class F & IMutual Funds(Class A)Managed By: CI Investments Inc.Advisors: Harbour AdvisorsAssets Under Management: $6,107.7 millionPortfolio Manager: Gerald Coleman and StephenJenkinsAsset Class: Canadian EquityInception Date: June 1997NAV: $19.73Min. Initial Investment: $500Subsequent Purchase(s): $50Min. PAC Investment: $50Management Expense Ratio: 2.31%Top Holdingsas at March 31, 2010Bank of Nova Scotia−BHP Billiton Limited−Canadian National Railway−CIBC−Cisco Systems−Manulife Financial−Suncor Energy−Talisman Energy−TD Bank−Tim Hortons−Total 39.21%OBJECTIVEThis fund’s objective is to obtain maximum long−term capital growth. It invests primarily in equity and equity−related securities of highquality, large and mid−capitalization Canadian companies that the portfolio adviser believes have good potential for future growth. Anychange 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 S&P/TSX Total Return. The returns listed below are percentages.YTD 1Mo 3Mo 1Yr 3Yr 5Yr 10YrSinceInception*Qrtl 4 2 4 3 1 1 1 {N/A}Return 1.08 3.9 1.08 29.38 0.37 6.62 8.94 7.98Grp Avg 2.51 3.65 2.51 34.78 −3.84 3.52 4.69 {N/A}Ind Ret 3.14 3.81 3.14 42.15 −0.03 7.41 4.67 {N/A}*June 27, 1997Performance 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 SectorsCanadian Equity 52.4%International Equity 12.3%United States Equity 18.2%Cash 17.1%Consumer Discretionary 5.9%Energy 13.8%Information Technology 10.1%Cash 17.1%Financials 22.8%Industrials 7.5%Materials 16.8%Other 6.0% Geographic CompositionSource: CI Investments and CTVglobemedia Publishing Inc.Canada 52.4%Australia 4.8%Hong Kong 0.4%United Kingdom 3.8%United States 18.2%Other 17.1%Switzerland 1.2%Taiwan 2.1%PAGE 72 • SPRING 2010 PERSPECTIVE AS AT MARCH 31, 2010