March - CI Investments

Fund Factsas at March 31, 2010Fund Codes Class A Corporate ClassISC CIG611 CIG013DSC CIG811 CIG344LSC CIG1811 CIG1344Signature Canadian Resource FundAlso available: Class FMutual Funds(Class A)Managed By: CI Investments Inc.Advisors: Signature Global AdvisorsAssets Under Management: $665.6 millionPortfolio Manager: Scott ValiAsset Class: Industry−SpecificInception Date: April 1997NAV: $19.67Min. Initial Investment: $500Subsequent Purchase(s): $50Min. PAC Investment: $50Management Expense Ratio: 2.31%Top Holdingsas at March 31, 2010Suncor Energy 3.59%Canadian Natural Resources 3.28%Talisman Energy 3.27%Occidental Petroleum 2.68%EnCana Corp. 2.66%Freeport McMoran 2.64%Barrick Gold Corp. 2.49%Xstrata PLC 2.46%Goldcorp Inc. 2.23%Imperial Oil 2.06%Total 27.36%OBJECTIVEThis fund’s objective is to obtain maximum long−term capital growth. It invests primarily in equity and equity−related securities ofCanadian companies engaged in or related to the energy, commodity and natural resource industries. Any change to the investmentobjective 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 Globe Natural Resources Peer Index. The returns listed below are percentages.YTD 1Mo 3Mo 1Yr 3Yr 5Yr 10YrSinceInception*Qrtl 4 3 4 4 2 1 1 {N/A}Return −2.43 1.6 −2.43 32.1 4.1 15.06 19.36 11.61Grp Avg 3.86 2.09 3.86 59.07 −0.69 8.89 14.41 {N/A}Ind Ret 3.95 2.09 3.95 57.5 −0.26 8.32 14.03 {N/A}*April 11, 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 SectorsCash 10.3%Bond 0.7%United States Equity 23.9%Canadian Equity 49.3%International Equity 15.8%Industrials 0.6%Consumer Staples 2.2%Financials 1.0%Materials 38.5%Energy 45.8%Cash 10.3%Utilities 1.0%Other 0.7% Geographic CompositionSource: CI Investments and CTVglobemedia Publishing Inc.United Kingdom 6.4%Brazil 1.4%Australia 3.3%United States 23.9%Canada 49.7%Other 11.4%Netherlands 1.4%Switzerland 2.5%PAGE 79 • SPRING 2010 PERSPECTIVE AS AT MARCH 31, 2010