March - CI Investments

Fund Factsas at March 31, 2010Fund Codes Class A Corporate ClassISC CIG686 CIG2304DSC CIG786 CIG3304LSC CIG1786 CIG1304Signature High Income FundAlso available: Class F & IMutual Funds(Class A)Managed By: CI Investments Inc.Advisors: Signature Global AdvisorsAssets Under Management: $3,575.6 millionPortfolio Manager: Eric BushellAsset Class: Canadian Balanced IncomeInception Date: December 1996NAV: $12.84Min. Initial Investment: $500Subsequent Purchase(s): $50Min. PAC Investment: $50Management Expense Ratio: 1.52%Top Holdingsas at March 31, 2010Inter Pipeline Fund 2.35%Westfield Group 1.96%BCE Inc. 1.75%Cdn. Real Estate Investment 1.74%Brookfield Asset Management 1.58%Cominar REIT 1.49%Vermilion Energy Trust 1.40%TELUS Corp. 1.36%ARC Energy Trust 1.34%Allied Properties REIT 1.33%Total 16.30%OBJECTIVEThis fund’s objective is to generate a high level of income and long−term capital growth. It invests primarily in high−yielding equitysecurities and Canadian corporate bonds. Any change to the investment objective must be approved by a majority of votes cast at ameeting 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 1 2 1 1 1 1 1 {N/A}Return 2.94 1.81 2.94 35.99 1.03 4.92 11.47 9.64Grp Avg 1.72 1.98 1.72 24.89 −1.64 2.42 2.22 {N/A}Ind Ret −0.32 −0.03 −0.32 7.6 −4.28 0.93 −0.53 {N/A}*December 18, 1996Performance 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 OverviewBlend Growth ValueLargeMidSmallEquity SectorsCanadian Equity 12.3%Other 1.6%Canadian Bonds 9.6%Income and Royalty Trusts 15.5%Foreign Bonds 32.0%Foreign Equity 14.1%Cash and Equivalents 8.7%REITs 6.2%Cash 8.7%Consumer Discretionary 1.5%Industrials 6.2%Financials 16.8%Other 43.8%Energy 12.4%Utilities 4.6%Telecommunication Services 6.1% Geographic CompositionSource: CI Investments and CTVglobemedia Publishing Inc.Australia 6.0%Spain 1.3%Italy 2.1%United States 32.3%Canada 44.1%Other 11.2%France 1.6%United Kingdom 1.3%PAGE 83 • SPRING 2010 PERSPECTIVE AS AT MARCH 31, 2010