CI Portfolio Series-bro.

PORTFOLIOS TO MEET ANY INVESTOR’S NEEDS.
CI Portfolio Series
CI Portfolio Series
Creating Optimal Portfolios
The CI Portfolio Series is a comprehensive asset
There are two ways investors can optimize Portfolio A:
allocation program offering seven different portfolios
which are strategically diversified across asset classes,
1) Adjust the portfolio to receive the same return with
lower volatility resulting in Portfolio B, or
geographic regions and economic sectors and include
a wide variety of investing styles by CI’s leading money
2) Adjust the portfolio to receive a higher return with
the same amount of volatility resulting in Portfolio C.
managers.
Designed to meet any investor’s needs, the portfolios
Either way, Portfolio A would be adjusted to lie on the
have either a Canadian or Global focus with choices
Efficient Frontier and receive the maximum return
ranging from the very conservative Canadian Income
for a given level of risk. This is the basis of Modern
to the aggressive Global Maximum Growth. Investors
Portfolio Theory, a Nobel Prize-winning economic
can easily switch among the portfolios to make sure
theory which is the foundation for all modern investing
they remain on track to achieve their financial goals.
and the underpinning of the CI Portfolio Series.
Each of the seven portfolios in the CI Portfolio Series
contains an efficient mix of top CI mutual funds in a
“fund-of-funds” structure which is specifically designed
to optimize performance – maximum returns with
Efficient Frontier
minimum volatility – through strategic asset allocation.
Return
11.0
A - Current Portfolio
B - Optimized Portfolio
C - Optimized Portfolio
Professional money managers know that the weighting
of different asset classes such as Canadian or international equities or fixed income securities is crucial to
constructing a successful investment portfolio. In fact,
8.5
C
asset allocation can account for over 90% of portfolio
performance variability.**
Investment portfolios that achieve maximum returns
with minimum volatility are said to lie on the Efficient
Frontier as shown in the chart here.
** Source: Singer, Brinson, Beebower, Financial Analyst Journal, February 1991
B
Higher Return
Same Volatility
A
Same Return
Lower Volatility
6.0
7.0
10.0
Volatility
15.0
Tailored Investments
Automatic Rebalancing
A 10-point questionnaire easily pinpoints the appro-
Choosing an initial asset mix is only the first step.
priate CI Portfolio which best suits an investor’s needs
Maintaining that asset mix is also necessary because
based on short and long-term financial goals, lifestyle
investments in a diversified portfolio typically do not
objectives and tolerance for risk. Investors can com-
grow uniformly. When this happens, it is necessary to
plete the questionnaire with their adviser and match
rebalance the portfolio.
their score to the proper portfolio.
CI Portfolios are continuously rebalanced to adhere
Asset Class and Management
Style Diversification
to their target asset allocations. This means that the
CI Portfolio Series features a winning combination of
while minimizing the tax consequences.
risk/return factors of each portfolio remain consistent
over time. CI’s goal is to rebalance the asset allocation
asset management from some of the world’s leading
money managers. Each portfolio is optimized to
Flexibility
combine multiple managers intelligently with less
risk. Diversification is provided across asset classes,
When an investor’s financial or life circumstances
geographic regions and economic sectors, resulting in
change, optimum asset allocations can also change.
a balanced asset mix which ensures that investors are
With the CI Portfolio Series, investors can easily switch
not dependent on any one asset class or security.
among any of the portfolios or to any other CI fund
to make sure they remain on track to achieve their
While diversification does not eliminate the natural
investment objectives.
volatility found in the investment market, it can reduce
an investor’s exposure to volatility.
Independent Review
Mercer Investment Consulting has assisted in the development of the CI Portfolios and will review
the portfolios on an ongoing basis.
Founded in Vancouver in 1945, Mercer Investment Consulting is one of Canada’s leading investment
consulting firms with more than 35 offices around the globe. Their investment consulting staff evaluates
investment managers, worldwide economic and capital market trends, and manages a variety of proprietary
computer systems and databases that facilitate informed decision making.
The Portfolios
Although each individual investor is unique, CI Funds, with
the assistance of Mercer Investment Consulting, has created
asset allocations for seven distinct investment profiles. Each
Portfolio offers diversification across asset classes, geographic
regions, economic sectors and investment styles.
CI Canadian Income Portfolio
Fixed Income Funds
This portfolio is best suited for investors whose primary need is income and capital preservation. The focus is on
fixed income with a diversified basket of bond and income funds complimented by mostly large-cap equity funds.
Efficient Frontier
Signature Corporate Bond 20%
80%
Volatility
Canadian Equity Funds
10%
CI Canadian Bond 30%
Signature High Income 15%
US Equity Funds
5%
International Equity Funds
5%
Total
100%
CI International Value 2%
CI International 2%
BPI International Equity 1%
CI American Value Sector 2%
CI American Managers Sector 1%
TM
CI Canadian Conservative Portfolio
CI Global Bond 15%
Signature Select Canadian 6%
CI Canadian Investment 4%
BPI American Equity 2%
Return
Best suited for investors looking for capital preservation and income with some growth from the mainly largecap equity portion of the portfolio. The income component is diversified between bond and income funds.
Fixed Income Funds
60%
Canadian Equity Funds
22%
US Equity Funds
10%
Signature Corporate Bond 15%
Efficient Frontier
Signature High Income 15%
Volatility
CI Global Bond 10%
CI Canadian Bond 20%
International Equity Funds
Total
8%
100%
CI Global Conservative Portfolio*
Harbour 3%
CI International Value 3%
CI International 3%
BPI International Equity 2%
CI American Small Companies 2%
CI American Value Sector 3%
Signature Select
Canadian 10%
CI Canadian Investment 9%
BPI American Equity 3%
CI American Managers Sector 2%
Return
TM
Split between equities and fixed income and with broad diversification across asset classes, investment styles,
economic sectors and geographic regions, this portfolio is best suited for investors whose primary objective is
capital preservation with some growth.
Signature High Income 10%
Fixed Income Funds
50%
Canadian Equity Funds
25%
US Equity Funds
15%
International Equity Funds
10%
Total
100%
Signature Corporate Bond 10%
Efficient Frontier
CI Global Bond 10%
Volatility
Harbour 4%
CI Canadian Bond 20%
CI International Value 3%
CI International 4%
BPI International Equity 3%
CI American Small Companies 2%
CI American Value Sector 5%
Signature Select
Canadian 11%
CI Canadian Investment 10%
BPI American Equity 5%
CI American Managers Sector 3%
TM
Return
CI Canadian Balanced Portfolio
This portfolio has a greater equity weighting while curbing volatility with a strong component of fixed income
investments. It is best suited for investors pursuing long-term capital growth who are conscious of volatility.
Fixed Income Funds
40%
Canadian Equity Funds
35%
US Equity Funds
15%
International Equity Funds
10%
Total
100%
CI Global Balanced Portfolio*
Fixed Income Funds
Signature High Income 10%
Efficient Frontier
CI Global Bond 5%
Harbour 5%
Signature Corporate Bond 10%
Volatility
Signature Select
Canadian 16%
CI Canadian Bond 15%
CI International Value 3%
CI Canadian Investment 14%
CI International 4%
BPI International Equity 3%
CI American Small Companies 2%
CI American Value Sector 5%
BPI American Equity 5%
CI American Managers Sector 3%
Return
TM
This portfolio has a significant equity weighting while the fixed income component helps to dampen volatility.
It is best suited for investors pursuing long-term capital growth who are conscious of volatility.
30%
Canadian Equity Funds
30%
US Equity Funds
25%
International Equity Funds
15%
Harbour 4%
Signature Select Canadian 14%
CI Global Bond 5%
Efficient Frontier
Volatility
Signature Corporate
Bond 10%
CI Canadian Investment 12%
CI Canadian Bond 15%
BPI American Equity 8%
CI International Value 5%
Total
100%
CI Global Growth Portfolio*
CI American
Managers Sector 5%
CI American Value Sector 9%
CI American Small Companies 3%
TM
CI International 5%
BPI International Equity 5%
Offering a well diversified exposure to Canadian, American and international equities, this portfolio is for longterm investors who are seeking strong capital growth and are comfortable with some short-term volatility.
Fixed Income Funds
20%
Canadian Equity Funds
30%
US Equity Funds
30%
Signature Select Canadian 14%
Harbour 4%
Signature Corporate
Bond 5%
20%
100%
CI Global Maximum Growth Portfolio*
Canadian Equity Funds
30%
Volatility
BPI American Equity 10%
CI American Managers
Sector 4%
TM
CI International Value 6%
Total
Efficient Frontier
CI Canadian Investment 12%
CI Global Bond 5%
CI Canadian Bond 10%
International Equity Funds
Return
CI International 7%
BPI International Equity 7%
CI American Value Sector 12%
CI American Small Companies 4%
Return
Best suited for aggressive investors, this portfolio is constructed to provide maximum expected returns in
the long-term along with higher volatility in the short-term. It has significant exposure to American and
international equities.
CI Canadian Investment 12%
BPI American Equity 16%
Efficient Frontier
Volatility
CI American Managers
Sector 7%
TM
US Equity Funds
45%
International Equity Funds
25%
Total
100%
Signature Select
Canadian 14%
CI American Value
Sector 16%
Harbour 4%
CI International Value 8%
CI International 9%
CI American Small Companies 6%
BPI International Equity 8%
Return
*Also available in 100% RSP eligible version
Fund Numbers
Fund Name
Class A
Front End
DSC
Class F
Front End
CI Canadian Income
CDN 7740
CDN 7745
CDN 7746
CI Canadian Conservative
CDN 7770
CDN 7775
CDN 7776
CI Global Conservative
CDN 2600 / US 2700
CDN 3600 / US 3700
CDN 4600 / US 4700
CI Global Conservative RSP
CDN 2800
CDN 3800
CDN 4800
CI Canadian Balanced
CDN 7710
CDN 7715
CDN 7716
CI Global Balanced
CDN 2601 / US 2701
CDN 3601 / US 3701
CDN 4601 / US 4701
CI Global Balanced RSP
CDN 2801
CDN 3801
CDN 4801
CI Global Growth
CDN 2602 / US 2702
CDN 3602 / US 3702
CDN 4602 / US 4702
CI Global Growth RSP
CDN 2802
CDN 3802
CDN 4802
CI Global Maximum Growth
CDN 2603 / US 2703
CDN 3603 / US 3703
CDN 4603 / US 4703
CI Global Maximum Growth RSP
CDN 2803
CDN 3803
CDN 4803
Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please
read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may
not be repeated. ™American Managers is a trademark of CI Mutual Funds Inc. ®CI Funds and the CI Funds design are registered
trademarks of CI Mutual Funds Inc.
Head Office
CI Place, 151 Yonge Street, Eleventh Floor
Toronto, Ontario M5C 2W7
Tel: 416-364-1145
Toll Free: 1-800-268-9374
English Client Services Team: 1-800-563-5181
French Client Services Team: 1-800-668-3528
Sales Offices
Calgary
Tel: 403-205-4396 Toll Free: 1-800-776-9027
Halifax
Tel: 902-422-2444 Toll Free: 1-888-246-8887
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Vancouver Tel: 604-681-3346 Toll Free: 1-800-665-6994
CI Teleservice: 1-800-275-3672 Automated account information
E-mail: [email protected] • www.cifunds.com
CIPORTSERIES 06/03-E
The Portfolios