March - CI Investments

Fund Factsas at March 31, 2010Fund Codes Class A Corporate ClassISC CIG630 CIG093DSC CIG830 CIG094LSC CIG1830 CIG1195CI International Balanced FundAlso available: Class F & IMutual Funds(Class A)Managed By: CI Investments Inc.Advisors: Trilogy Global Advisors, LLCAssets Under Management: $181.7 millionPortfolio Manager: William Sterling, RobertBeckwitt and Greg GigliottiAsset Class: International BalancedInception Date: September 1994NAV: $15.38Min. Initial Investment: $500Subsequent Purchase(s): $50Min. PAC Investment: $50Management Expense Ratio: 2.33%Top Holdingsas at March 31, 2010Nota Do Tesouro Nacional, 10.00%, 3.08%January 1, 2017Republic of Germany, 5.00%, January 2.02%4, 2012Government of France, 5.00%,1.78%October 25, 2016Canada Housing Trust, 3.60%, June 1.70%15, 2013Microsoft 1.45%Republic of Germany, 4.75%, July 4, 1.20%2028Republic of France, 4.25%, April 25, 1.10%2019Government of Korea, 4.15%, August 1.09%2, 2011Israel Government Bond, 7.50%, 1.09%March 31, 2014U.S. Treasury, 2.38%, January 15, 1.01%2025Total 15.52%Volatility MeterLowHighBased on 3−year standard deviation relative to other fundsin its category, from Globe HySales.Equity Style and Capitalization OverviewLargeMidSmallBlend Growth ValueSource: CI Investments and CTVglobemedia Publishing Inc.OBJECTIVEThis fund’s objective is to obtain maximum long−term total return. It invests primarily in equities, equity−related securities and fixedincome securities of issuers located throughout the world. The fund is not limited to how much it invests in a country or asset class orkeeps invested in each asset class. This will vary according to market conditions. Any change to the investment objective must beapproved 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 Blend: 60% MSCI World, 40% Barclays Cap. The returns listed below are percentages.YTD 1Mo 3Mo 1Yr 3Yr 5Yr 10YrSinceInception*Qrtl 4 4 4 4 3 4 4 {N/A}Return −1.22 0.07 −1.22 10.65 −5.87 −0.42 −2.62 3.85Grp Avg 1.42 2.32 1.42 26.13 −4.28 1.41 0.87 {N/A}Ind Ret −0.32 −0.03 −0.32 7.6 −4.28 0.93 −0.53 {N/A}*September 29, 1994Performance DataThis chart shows you the fund´s annual performance and how an investment would have changed over time.Asset ClassEquity SectorsGeographic Composition Cash 10.8%Canadian Equity 0.3%Bond 28.5%International Equity 34.4%Other 0.0%United States Equity 25.9%Information Technology 9.8%Energy 5.7%Consumer Discretionary 8.5%Financials 11.4%Other 41.2%Cash 10.8%Health Care 5.9%Industrials 6.8%Japan 5.9%Canada 3.3%United Kingdom 5.8%United States 29.1%Other 41.8%Germany 6.7%Brazil 3.6%France 3.7%Current Value of a $10,000 Investment PAGE 76 • SPRING 2010 PERSPECTIVE AS AT MARCH 31, 2010