Fund Performance and Simplified Prospectus
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise indicated and except for returns for periods less than one year, the indicated rates of return are the historical annual compounded total returns including changes in security value. All performance data assume reinvestment of all distributions or dividends 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. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the CI Money Market Funds will be able to maintain their net asset value per security at a constant amount or that the full amount of your investment in these funds will be returned to you.
If you are a Canadian resident, you can obtain the applicable simplified prospectus for each mutual fund from your financial advisor or from CI Investments Inc. ("CI") by calling 1-800-268-9374.
This site should not be considered an offer to sell or a solicitation to buy securities of mutual funds to any person residing in the United States of America or in any other jurisdiction in which such an offer or solicitation is unlawful. Securities of the mutual funds managed by CI will not be sold to any person residing outside Canada unless such sales are permitted under the law of their jurisdiction. Investors should contact their financial advisors for further details.
Accessibility for Ontarians with Disabilities Act (AODA)
Integrated Accessibility Standards Regulations (IASR), the second standard to become law under the Accessibility for Ontarians with Disabilities Act, came into effect in July of 2011 and requires phased in dates to comply with:
- Transportation; and
- Information & Communications.
CI’s multi-year plan outlines our approach to building an inclusive environment for all employees and the general public.
To review the complete policy please click here.
To review the complete Accessible Customer Service Plan, please click here.
Accessible Customer Service Policy
For additional ease of use formats please contact:
Kelly Potts – CI Policy Analyst (306) 667-2771 or firstname.lastname@example.org
Use of Website
This communication is published by CI. Any commentaries and information contained in this communication are provided as a general source of information and should not be considered personal investment advice. Every effort has been made to ensure that the material contained herein is accurate at the time of publication. However, CI cannot guarantee its accuracy or completeness and accepts no responsibility for any loss arising from any use of or reliance on the information contained herein.
Facts and data provided by CI and other sources are believed to be reliable when posted. CI cannot guarantee that they are accurate or complete or that they will be current at all times. Information on this website is not intended to provide legal, accounting, investment or tax advice, and should not be relied upon in that regard. CI and its affiliates will not be responsible in any manner for direct, indirect, special or consequential damages howsoever caused, arising out of the use of this website. You may not modify, copy, reproduce, publish, upload, post, transmit, distribute, or commercially exploit in any way any site content, including code and software. You may download site content for your activities as a financial advisor provided you keep intact all copyright and other proprietary notices. Unauthorized downloading, re-transmission, storage in any medium, copying, redistribution, or republication for any purpose is strictly prohibited without the written permission of CI.
Please be advised that trading instructions should not be communicated via e-mail, and if received will not be acted upon. Without the use of secure encryption, the Internet is not a secure medium and privacy cannot be ensured. Internet e-mail is vulnerable to interception and forging. CI cannot ensure the privacy and authenticity of any information, and will not accept any instructions send over the Internet. CI will not be responsible for any damages you may incur if you communicate confidential information to us over the Internet or if we communicate such information to you at your request.
Users of CI's website pages shall only be entitled to copy material for their own personal use but may not republish nor reproduce any substantial part of the website in any manner whatsoever, including electronically reproducing the material by "uploading," "downloading" or accessing the material on to the Internet or any other local or international computer system, without the prior written permission of CI. An acknowledgment of the source must be included whenever CI material is copied or published. If you require further information on a permitted use or license to reproduce or republish any material, address your inquiry to the Marketing Department, CI Investments Inc., CI Investments, 2 Queen Street East, 20th Floor Toronto, ON M5C 3G7. Any infringement of CI's rights will result in appropriate legal action. CI disclaims any and all liability for any consequences which may result from any unauthorized reproduction or use of this website whatsoever.
Use of Web Login IDs, User IDs and Passwords
If you are issued a Web Login ID, User ID or Password to enable you to access particular services, you are solely responsible for ensuring the safety and security of the access codes. You are not permitted to use the access codes for any purposes other than to receive the particular service offered by CI for which the access codes were issued. You are not authorized or permitted to share the access codes with any other party. In the event any access codes are lost, stolen or wrongfully accessed, you must immediately notify CI.
Grant of License By You
The foregoing grants include the right to exploit any proprietary rights in such Submissions, including but not limited to rights under copyright, trademark, service mark or patent laws under any relevant jurisdiction and will survive any termination of your access to the website.
You also warrant that the holder of any rights, including moral rights in such content, has completely and effectively waived all such rights and validly and irrevocably granted to you the right to grant the license above. Subject to the foregoing, the owner of any Submissions retains any and all rights that may exist in such content.
Use of Intellectual Property Rights
CI either owns the intellectual property rights in the underlying HTML, text images, audio clips, video clips, software and other content that is made available to you on our website, or has obtained the permission of the owner of the intellectual property in such content to use the content on our website.
CI grants you a non-exclusive, personal, non-transferable, non-sublicensable, limited and revocable right to display on your computer, print, download and use the underlying HTML, text, images, audio clips, video clips, software and other content that is made available to you on our website for your personal, educational and non-commercial use only, provided that you do not modify any such content and you include with and display on each copy of such content the associated copyright notice and this intellectual property notice. No other use is permitted.
You may not publicly perform, publicly display, transmit, publish, participate in the sale or transfer of, modify, or create derivative works based on anything available through the website, in whole or in part. You are prohibited from storing electronically any significant portion of any part of the website. No reverse engineering, linking, framing, or modification of any part of this website is allowed without our written approval. Any modification or unauthorized use is a violation of CI’s intellectual property rights and other proprietary rights.
Web-Based Account Inquiry Services – “Investoronline” and “Advisoronline”: Terms and Conditions
CI provides services subject to strict terms and conditions. Your use of Investoronline and Advisoronline will indicate that you understand their terms and conditions of use, and agree to be bound by them as set out below:
Terms of Access
My first use of any of the services will act as my acceptance of and agreement to be bound by the terms and conditions herein (as amended from time to time) and my acceptance of any other term, condition or restriction applicable in respect of the services. CI may change the Terms and Conditions of Use at any time without notice by updating this posting. I agree to review the Terms and Conditions of Use periodically, and continued access to or use of Investoronline or Advisoronline will mean that I agree to any changes.
Responsibilities of Access
I understand the secure areas of www.ci.com are Investoronline and Advisoronline. I shall be the only authorized user of the Services under this Agreement and shall only use the Services for my personal, non-commercial purposes. I shall be responsible for the confidentiality and use of my password(s) and other security data, methods and devices. I understand that I shall be solely responsible for use of any data, information or services obtained using my password(s) and other security data. I accept full responsibility for the monitoring of my account. I agree not to disclose my password(s) to any other person and keep it separate from any other information which I will receive or which I already possess concerning the Services. I am solely responsible for maintaining the security of my password(s) and ensuring that it is used for myself only. I acknowledge that my password(s) is unique to myself and that CI does not have access to my password(s). CI shall not be responsible for the unauthorized use of the Services by any other person.
Abuse of Access
I will not attempt to enter restricted areas of CI computer system or the computer systems of any entity related to or affiliated with CI or perform functions that I am not authorized to perform pursuant to this Agreement. CI may, without notice, suspend my access to the Services by deactivating my password(s) if CI reasonably suspects that I am using the password(s) to obtain unauthorized access to other systems or information, or using the password(s) in any other inappropriate manner. These suspensions will be for a period of time necessary to permit the thorough investigation of such suspended activity. CI may terminate this Agreement immediately without notice if it is determined that I have undertaken such unauthorized activity or if such unusual activity cannot be reasonably explained.
Limitation of Liability & Disclaimer of Warranties
I understand that CI will not be responsible for the accuracy, completeness, timeliness or use of any information received by it or received by me through the services and that CI does not make any warranty concerning such information.
I agree and acknowledge that CI may modify any or all of the services at any time. I also agree that the services may periodically be unavailable to me in order to allow for maintenance and updates.
This Agreement is in addition to and not in substitution for any other present or future agreement between CI and myself, including any agreement relating to my CI Investment Account or the services.
This website may contain forward-looking statements which reflect our current expectations or forecasts of future events. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, “preliminary”, “typical”, and other similar expressions. In addition, these statements may relate to future corporate actions, future financial performance of a fund or a security and their future investment strategies and prospects. Forward-looking statements are inherently subject to, among other things, risks, uncertainties and assumptions which could cause actual events, results, performance or prospects to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and assumptions include, without limitation, general economic, political and market factors in North America and internationally, interest and foreign exchange rates, the volatility of global equity and capital markets, business competition, technological change, changes in government regulations, changes in tax laws, unexpected judicial or regulatory proceedings, catastrophic events and the ability of CI to attract or retain key employees. The foregoing list of important risks, uncertainties and assumptions is not exhaustive. Please consider these and other factors carefully and not place undue reliance on forward-looking statements.
The forward-looking information contained on this website is current only as of the date the statement was made. There should not be an expectation that such information will in all circumstances be updated, supplemented or revised whether as a result of new information, changing circumstances, future events or otherwise.
Sites accessed by hypertext appearing in this website have been independently developed by parties other than CI and CI does not guarantee the accuracy of information contained in such sites. The listing of an organization in this site should not be construed as an endorsement of its products or services.
Complete confidentiality and security is not yet possible over the Internet. CI advises that the Internet is not a secure medium and privacy cannot be ensured. CI and its affiliates will not be responsible for any damages you may suffer if you transmit confidential or sensitive information to us. Linking to any other site is at your own risk, and CI will not be responsible or liable for any damages in connection with linking.
Transamerica Life Canada is the sole issuer of the individual variable annuity contracts providing for investment in CI Guaranteed Investment Funds and Legacy Funds. A description of the key features of the applicable individual variable annuity contract is contained in the CI Guaranteed Investment Funds or Legacy Funds Information Folder.
Foresters Life Insurance Co. has entered into an agreement with CI Investments Inc. pursuant to which CI is responsible for certain marketing and administrative services in relation to the CI Segregated Funds. Foresters Life Insurance Co. established the individual variable annuity contract providing for investment in the CI Segregated Funds. A description of the key features of the individual variable annuity contract is contained in the CI Segregated Funds Information Folder.
Sun Life Assurance Company of Canada, a member of the Sun Life Financial group of companies, is the sole issuer of the individual variable annuity contracts providing for investment in SunWise, SunWise Elite, SunWise Essential Series and Clarica segregated funds. A description of the key features of the applicable individual variable annuity contract is contained in the SunWise or Clarica Information Folder.
Any amount that is allocated to a segregated fund is invested at the risk of the contract holder and may increase or decrease in value.
If you are a Canadian resident, you can obtain the applicable Information Folder from a licensed life agent or from CI by calling 1-800-268-9374.
Your Indemnity to Us:
You agree to indemnify, defend, and hold harmless CI, its subsidiaries and affiliates and their officers, employees, directors, agents, and content providers from and against any and all claims, damages, costs, or other expenses (including reasonable attorneys fees) that arise directly or indirectly out of or from your activities in connection with the website or site content, including without limitation any breach of these terms (including without limitation any representation or warranty made by you in these terms).
Trademarks and copyrights – Certain names, words, phrases, graphics or designs in this website may constitute trade names, registered or unregistered trademarks or service marks (collectively, "Trademarks") of CI. The following are registered trademarks of CI Investments Inc. in Canada: CI Financial, CI Investments, the CI Investments design, Cambridge, Harbour Funds, Harbour Advisors, Insight, Insight Program, Global Managers, American Managers, Skylon, Synergy Mutual Funds, Legacy Funds, CI Guaranteed Investment Funds and the lock design. The following are trademarks of CI Investments Inc. in Canada: Portfolio Select Series, Portfolio Series, Signature Global Asset Management and Signature Funds.
TRANSAMERICA and the pyramid design are registered trademarks of Transamerica Corporation. Transamerica Life Canada is licensed to use such marks. Transamerica Life Canada is registered to carry on business under the name "Transamerica Life Canada."
®SunWise and Clarica are registered trademarks of Sun Life Assurance Company of Canada.
®True North, Fidelity Northstar, Disciplined Equity and Fidelity Investments are registered trademarks of Fidelity Management & Research Co.
®Franklin Templeton Investments Quotential Program and Franklin Templeton Investments and design are registered trademarks of Franklin Templeton Investments Corp.
®Dynamic Funds is a registered trademark of its owner, used under license, and a division of GCIC Ltd. GCICL does not warrant or make any representations regarding the use or the results of the information contained herein in terms of its correctness, accuracy, timeliness, reliability, or otherwise.
™TD Asset Management is a trademark of The Toronto-Dominion Bank, used under licence.
The display of trademarks herein does not imply that a licence of any kind has been granted.
Changes to CI Website
Unless otherwise agreed, CI may discontinue or modify this website at any time without prior notice to you, and you accept those modifications if you continue to use the website.
All content on the CI website is presented only as of the date published or indicated, and may be superseded by subsequent market events or for other reasons. In addition, you are responsible for setting the cache settings on your browser to ensure you are receiving the most recent data.
Investments by the
Funds in CI Financial Corp. and other Related Companies and Other Conflict Disclosures
The mutual funds managed by CI have received permission from the Canadian securities regulators to invest in securities of CI Financial Corp. and other Related Companies (each a “Related Company”). In connection with such investments, CI has established an independent review committee (the “IRC”) comprised of William Harding, Stuart P. Hensman, Christopher M. Hopper and James M. Werry.
Each member of the IRC is independent of CI in that none has a direct or indirect material relationship with CI Investments Inc., a fund or any of their respective associates or affiliates. The purpose of the IRC is to review the decisions made on behalf of each fund to purchase, sell or continue to hold securities of a Related Company and to form an opinion whether such decisions were, and continue to be, in the best interest of the fund and: (a) represent the business judgment of the fund’s portfolio advisor, uninfluenced by considerations other than the best interests of the fund, (b) have been made free from any influence by a Related Company and without taking into account any consideration relevant to a Related Company, and (c) do not otherwise exceed the limitations of applicable law. The IRC will advise the Canadian securities regulators if the IRC determines that any investment does not meet the criteria described above, or if any other condition of the permission to make such investments has not been satisfied, together with any action that the IRC or the fund’s portfolio advisor has taken or proposes to take following such a determination.
In carrying out their responsibilities, the members of the IRC will exercise their powers and discharge their duties honestly, in good faith and in the best interests of the funds and, in so doing, will exercise the degree of care, diligence and skill that a reasonably prudent person would exercise in the circumstances. All members of the IRC currently are members of the Board of Governors maintained by CI and, as such, are paid a fixed annual fee which is allocated to all mutual funds under our management (generally pro rata based upon their relative net asset values). There is no intention to pay the members of the IRC any compensation in addition to their usual compensation as members of the Board of Governors.
For a complete list of CI's related and connected companies, see CI's Statement of Policies.
For other conflict disclosures, see CI's Conflicts of Interest Policies and Procedures Under NI 31-103.
Trident Investment Management, LLC
Nothing herein should be read to constitute an offer or solicitation
by Trident Investment Management, LLC or its principal to provide investment
advisory services to any person or entity.
Cambridge Global Asset Management
Cambridge Global Asset Management is a business name of CI Investments Inc. used in connection with its subsidiary CI Global Investments Inc. Certain portfolio managers of Cambridge Global Asset Management are registered with CI Investments Inc.
Morningstar Canadian Investment Awards and Lipper Fund Awards
Morningstar Awards © Morningstar Inc. All Rights Reserved.
The Lipper Fund Awards, granted annually, are part of the Thomson Reuters Awards for Excellence awarded by Lipper, Inc. and highlight funds that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Ratings for Consistent Return, which is a risk-adjusted performance measure calculated over 36, 60 and 120 month periods. The highest 20% of funds in each category are named Lipper Leaders for Consistent Return and receive a score of 5, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2 and the lowest 20% are scored 1. The highest Lipper Leader for Consistent Return in each category wins the Lipper Fund Award. Lipper Leader ratings change monthly. For more information, see www.lipperweb.com. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.
Cambridge Pure Canadian Equity Fund (Class A) was the winner in the Canadian small/mid-cap equity category for the three-year period ending July 31, 2014 out of a total of 53 funds. Performance for the fund for the period ended December 31, 2014 was 14.7% (1 year), 31.4% (3 years) and 23.8% (since inception on Feb. 15, 2011). The corresponding Lipper Leader ratings of the fund for the same period were: N/A (1 year), 5 (3 years).
Cambridge Canadian Growth Companies Fund was the winner in the Canadian focused small/mid-cap equity category for the three-year period ending July 31, 2014 out of a total of 22 funds. Performance for the fund for the period ended December 31, 2014 was 14.7% (1 year), 31.3% (3 years) and 24.9% (since inception on Feb. 15, 2011). The corresponding Lipper Leader ratings of the fund for the same period were: N/A (1 year), 5 (3 years).
Cambridge Canadian Asset Allocation Corporate Class (Class A) was the winner in the mixed assets (tactical balanced) category for the five-year period ending July 31, 2014 out of a total of 20 funds. Performance for the fund for the period ended December 31, 2014 was 10.2% (1 year), 10.6% (3 years), 8.7% (5 years) and 6.0% (since inception on Dec. 31, 2007). The corresponding Lipper Leader ratings of the fund for the same period were: N/A (1 year), 5 (3 years), and 5 (5 years).
Black Creek International Equity Fund (Class A) was the winner in the international equity category for the three and five-year periods ending July 31, 2014 out of a total of 80 and 70 funds, respectively. Performance for the fund for the period ended December 31, 2014 was -2.3% (1 year), 20.8% (3 years), 9.2% (5 years) and 12.2% (since inception on Sept. 30, 2008). The corresponding Lipper Leader ratings of the fund for the same period were: N/A (1 year), 5 (3 years), and 5 (5 years).
Portfolio Series Income Fund (Class A) was the winner in the global fixed-income balanced category for the five-year period ending July 31, 2014 out of a total of 23 funds. Performance for the fund for the period ended December 31, 2014 was 7.7% (1 year), 7.6% (3 years), 7.1% (5 years) and 5.3% (10 years). The corresponding Lipper Leader ratings of the fund for the same period were: N/A (1 year), 3 (3 years), 4 (5 years) and 4 (10 years).
CI Can-Am Small Cap Corporate Class (Class A) was the winner in the Canadian focused small/mid-cap equity category for the 10-year period ending July 31, 2014 out of a total of 14 funds. Performance for the fund for the period ended December 31, 2014 was 5.1% (1 year), 16.4% (3 years), 12.2% (5 years) and 8.8% (10 years). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 3 (3 years), 3 (5 years) and 3 (10 years).
CI Global Small Companies Fund (Class A) was the winner in the global small/mid-cap equity category for the 10-year period ending July 31, 2014 out of a total of 13 funds. Performance for the fund for the period ended December 31, 2014 was 5.5% (1 year), 17.9% (3 years), 12.0% (5 years) and 6.5% (10 years). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 2 (3 years), 3 (5 years) and 2 (10 years).
This web site will be governed by and construed in accordance with the laws of the Province of Ontario and the laws of Canada applicable therein, without giving effect to any principles of conflicts of laws. All disputes, controversies or claims arising out of or in connection with the web site shall be submitted to and be subject to the jurisdiction of the courts of the Province of Ontario . You submit and attorn to the exclusive jurisdiction of the courts of the Province of Ontario to finally adjudicate or determine any suit, action or proceeding arising out of or in connection with the web site.
National Instrument 24-101: Institutional Trade Matching and Settlement