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Fund Facts
as at October 31, 2009
| Fund Codes | Class A | Corporate Class |
| ISC | CIG677 | CIG150 |
| DSC | CIG777 | CIG151 |
| LSC | CIG1777 | CIG1151 |
| Managed By: | CI Investments Inc. |
| Advisors: | Signature Global Advisors |
| Assets Under Management: | $3,051.1 million |
| Portfolio Manager: | Eric Bushell |
| Asset Class: | Canadian Equity |
| Inception Date: | May 1998 |
| NAV: | $16.04 |
| Min. Initial Investment: | $500 |
| Subsequent Purchase(s): | $50 |
| Min. PAC Investment: | $50 |
| Management Expense Ratio: | 2.31% |
Top Holdings
as at October 31, 2009
| Suncor Energy | 4.38% |
| Talisman Energy | 3.76% |
| CIBC | 3.41% |
| Canadian Natural Resources | 3.07% |
| Manulife Financial | 2.81% |
| Bank of Nova Scotia | 2.56% |
| TD Bank | 2.22% |
| Rogers Communications | 2.17% |
| Barrick Gold Corp. | 2.06% |
| BCE Inc. | 1.94% |
| Total | 28.38% |
Volatility Meter
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Based on 3-year standard deviation relative to other funds in its category, from Globe HySales. |
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Equity Style and Capitalization Overview
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(Class A)
Signature Select Canadian FundAlso available: Class F & I
Objective
This fund's objective is to seek capital appreciation over the long-term coupled with dividend income. It invests primarily in common shares and convertible securities of Canadian companies and preferred shares that pay regular income. The fund's investments are diversified across industry sectors. Any change to the investment objective must be approved by a majority of votes cast at a meeting of unitholders held for that reason.
Compound Returns and Quartile Rankings
as at October 31, 2009
This table shows the historical annual compound total return of the fund compared with the Globefund Group Average and Globefund's benchmark S&P/TSX Total Return. The returns listed below are percentages.
| YTD | 1Mo | 3Mo | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception* | |
| Qrtl | 2 | 3 | 2 | 1 | 1 | 1 | 1 | {N/A} |
| Return | 19.35 | -3.37 | 2.82 | 15.87 | -0.86 | 7.65 | 10.67 | 10.33 |
| Grp Avg | 17.46 | -2.95 | 2.85 | 10.53 | -4.73 | 3.33 | 4.86 | {N/A} |
| Ind Ret | 24.78 | -4.04 | 1.85 | 15.74 | -1.19 | 6.94 | 6.37 | {N/A} |
Performance Data
This chart shows you the fundīs annual performance and how an investment would have changed over time.
Current Value of a $10,000 Investment
Asset Class as at October 31, 2009
Equity Sectors as at October 31, 2009
Geographic Composition as at October 31, 2009
Fund Advisor Profile
Signature Global Advisors of Toronto, a division of CI Investments Inc., manages more than $23 billion in assets across all asset classes, including fixed income and Canadian and global equities. Signature's advantage is its approach in which portfolio managers and analysts specializing in each asset class and sector combine their research to develop a comprehensive picture of a company and its securities. The team is led by Chief Investment Officer Eric Bushell.Commentary
As at September 30, 2009
A dramatic improvement in the availability of credit to a wider range of industry sectors and companies throughout the third quarter provided greater confidence to the markets. Rising demand for investment-grade and high-yield corporate debt led to a renewal of activity in initial public offerings and mergers and acquisitions, which ultimately lifted equity markets to new highs for the year-to-date.
Credit markets have now recovered to their levels prior to the bankruptcy of Wall Street investment firm Lehman Brothers, whose collapse in September 2008 triggered the credit freeze and a sharp decline in equity markets. This recovery occurred much faster than we anticipated. We have taken a cautious approach to several sectors, including materials, energy and certain industrials, and have maintained our positioning in more economically defensive sectors and companies.
Companies continued to reorganize and strengthen their balance sheets in the third quarter, adding to the more than $577 billion in equity and $2.2 trillion in corporate debt issued worldwide in 2009. For example, we participated in General Electric's sale of its Genworth Financial mortgage insurance unit during the quarter. Kraft's bid for Cadbury, meanwhile, shows the premiums that will be offered for companies with strong brands and distribution systems into the developing world.
The global economy is enjoying a non-inflationary recovery at the moment, although we are beginning to see signs of asset price distortion within healthier economies such as Canada, Australia, Hong Kong and China. Central bankers and fiscal authorities are hesitant to raise rates or taxes for fear of choking off the economic recovery. Similarly, bank regulators have held off major reforms to keep lending markets open and OPEC has ensured that supplies are sufficient to keep oil prices in check. With these factors are in place, markets are a welcoming place for investors.
Source: CTVglobemedia Publishing 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.