|Fund Codes||Class A|
|Managed By:||CI Investments Inc.|
|Advisors:||CI Investment Consulting|
|Assets Under Management*:||$1,612.3 million|
|Asset Class:||Asset Allocation|
|Inception Date:||November 1988|
|Min. Initial Investment:||$500|
|Min. PAC Investment:||$50|
|Management Expense Ratio:||2.43%|
|CI Signature Canadian Bond Class I||14.19%|
|Signature Global Bond||7.50%|
|CI Signature Select Cdn Corp Cl||5.85%|
|CI Cambridge Canadian Eqt Corp Cl||5.62%|
|CI Signature Corporate Bond||5.32%|
|Sig Diversified Yield Fund ll A||5.12%|
|CI International Value Corp Class||5.12%|
|Signature International Corp Cl||4.97%|
|CI Canadian Investment Corp Class||4.67%|
|CI American Value Corporate Class||4.58%|
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 March 31, 2013
Fixed-income securities continued to be supported by low inflation and little anticipation of higher rates through the first quarter of 2013. The Canadian S&P/TSX Composite Index added 3.3% in the first quarter of the year. After recording an initial bounce early in the period, Canadian equities remained choppy through most of February and March. Most sectors of the index finished the period with positive results, with the health care, industrials and consumer discretionary sectors making the strongest gains.
U.S. stocks as measured by the S&P 500 Index reached a record high in the first quarter of 2013 and finished the period with a gain of about 12.9% in Canadian dollar terms. Stock prices were buoyed through the period by better-than-expected earnings reports and stronger economic data, including firm job growth, a recovery in housing and higher GDP. U.S. corporate profits as a percentage of GDP remained at a record high during the quarter.
Overseas markets posted mainly positive returns in the first quarter. In Europe, gains were moderate. The '10 billion bailout of Cyprus, which involved shrinking and restructuring the country's banking system to the detriment of bond and large deposit holders, shook markets and dampened returns for financial stocks across the region. Markets in Korea and Singapore were also positive, but results were negative in China and Hong Kong as investors remained wary of weaker growth in the region and the impact of expected economic reforms in China. Japan had the strongest global stock market returns for the first quarter. Japanese stocks benefited from strong monetary and fiscal stimulus aimed at raising inflation and weakening the country's currency to boost exports.
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.