|Fund Codes||Class A|
|Managed By:||CI Investments Inc.|
|Advisors:||CI Investment Consulting|
|Assets Under Management*:||$1,713.5 million|
|Asset Class:||Asset Allocation|
|Inception Date:||November 1988|
|Min. Initial Investment:||$500|
|Min. PAC Investment:||$50|
|Management Expense Ratio:||2.45%|
|CI Signature Canadian Bond||12.76%|
|Signature Global Bond I||6.84%|
|CI Signature Select Cdn Corp Cl||5.86%|
|Cambridge Canadian Eq Corp Cl A||5.63%|
|CI Signature Corporate Bond Cl I||5.18%|
|CI International Value Corp Class||5.16%|
|Signature Diversified Yield II A||4.91%|
|Signature International Corp Cl||4.89%|
|CI Canadian Investment Corp Class||4.88%|
|CI Synergy Canadian Corporate Class||4.54%|
Based on 3-year standard deviation relative to other funds in its category, from Globe Investor.
(Class A)Portfolio Series Balanced Fund (Class A units)
This portfolio's objective is to provide a balance between income and long-term capital growth while diversifying risk by investing in income and equity mutual funds. Any change to the investment objective must be approved by a majority of votes cast at a meeting of unitholders held for that reason.
This chart shows you the fundīs annual performance and how an investment would have changed over time.
As at September 30, 2013
After sending signals earlier this year that it would be scaling back its economic stimulus efforts, the U.S. Federal Reserve announced in September that it would be standing pat, citing a string of uninspiring U.S. jobs and economic data. The yield for the U.S. 10-year Treasury bond rose to nearly 3.0% in advance of the Fed's announcement, but fell back to about 2.7% following the change in guidance. The Bank of Canada also left rates unchanged, but Governor Stephen Poloz had a more upbeat outlook, citing growing confidence in the Canadian economy.
The S&P/TSX Composite Index posted a 6.3% gain for the third quarter, as the U.S. Federal Reserve's announcement that it would continue its stimulus plans briefly boosted the index to a two-year high. The health care, consumer discretionary, and financial sectors led the market with the strongest gains, while the utilities sector was the only one to have a negative return for the three months.
The U.S. equity markets posted healthy results for the quarter. After hitting a record high in September following the Fed's decision to extend quantitative easing, the S&P 500 Index finished the period with a 5.2% gain. The S&P 500's advance was led by the materials, industrials and consumer discretionary sectors, while consumer staples, utilities and telecommunications lagged.
Global equity markets also posted strong results in the third quarter. Despite ongoing political and fiscal issues in the Eurozone, European indexes added to their gains for the year, including those in Germany, France and England. Japan's Nikkei Index rose 5.7% in the quarter and led major global markets with a gain of 39.1% for the year-to-date. Other Asian markets, including China, Hong Kong and South Korea, also had positive returns, helping to reverse losses posted earlier in the year.
Source: The Globe and Mail Inc.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. *Assets under management are as at the end of the most recent quarter ending March 31, June 30, September 30 or December 31.
|Funds mentioned at this website are available only to Canadian residents.||
© 2013 CI Financial Corp.