January - Early Edition - CI Investments

Portfolio SnapshotPerformanceYTD 1 month 3 months 6 months 1 yearSignature Diversified Yield 8.7% -1.7% 3.3% 10.5% 9.3%HoldingsReal estateTop 5 Holdings Country WeightBrookfield Asset Management Inc. Canada 4.4%H&R REIT Canada 2.5%Capital Commercial Trust Singapore 2.2%Chartwell Seniors REIT Canada 1.9%Westfield Group REIT Australia 1.7%High-yield bondsTop 5 Holdings Country WeightCHC Helicopters SA, 9.25%, 15Oct20 Canada 1.2%Harvest Operations Corp., 6.875%, 01Oct17 Canada 1.1%Goodyear Tire and Rubber Co., 10.5%, 15May16 United States 0.9%Lender Processing Services inc., 8.125%, 01Jul16 United States 0.8%CB Richard Ellis, 11.625%, 15Jun17 United States 0.8%InfrastructureTop 5 Holdings Country WeightTransurban Group Australia 1.7%Atlantia SpA Italy 1.6%InToll Group Australia 1.5%FraPort AG Germany 1.5%Macquarie Airports Australia 1.1%Fund CodesMutual Fund Corporate Class Class T5 Class T8Class A Class F Class I Class A $US Class F $US Class I Class A Class F Class I Class A Class F Class IISC 619 4619 5619 2319 2519 4319 4519 5331 119T5 419T5 519T5 619T8 919T8 019T8LSC 1619 1319 1519 319T5 819T8DSC 819 3319 3519 219T5 719T8WINTER 2011 EARLY EDITION PERSPECTIVE AS AT DECEMBER 31, 2010 19