MAXimizes Tax-Effective Distributions
1Monthly partial principal repayments will equal 0.45% per month (5.40% per annum) of the Fund Account Value. Monthly partial principal repayments will equal 6.75% per annum if the Fund Account Value remains at $125.00 per Deposit Note throughout the term of the Notes. There is no guarantee that the Fund Account Value will remain at $125.00. The partial principal repayments for any month during the term of the Deposit Notes will likely vary and could be zero.
2The monthly partial principal repayments of 10.8% is expressed as a percentage of the NAV of the portfolio. There is no guarantee that 200% exposure to the fund will be realized on the Deposit Notes. The partial principal repayment for any month during the term of the Deposit Notes will likely vary and could be zero.
Initially, units of the fund will be notionally purchased using the net proceeds of $95.00 per Deposit Note, together with a Loan of $30.00, for a total notional investment in units of $125.00 per Deposit Note.
The return on the Deposit Notes is linked to Harbour Growth & Income Fund. Details regarding the dynamic allocation strategy, calculation and payment of the final variable payment, repayment of principal and certain risk factors are contained in the Information Statement dated December 31, 2006 relating to the CIBC CI M.A.X. Deposit Notes,TM Series 7, ROC. Investors are encouraged to read the Information Statement carefully before investing in the Deposit Notes and to discuss the suitability of the investment with their investment advisor. The indicated rates of return of the fund are the historical annual compounded total returns for Class A units of the fund, 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 unitholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. There is no maximum on the amount of the Final Variable Payment that may be payable at maturity. TMHarbour Advisors is a trademark of CI Investments Inc. ®CI Investments and the CI Investments design are registered trademarks of CI Investments Inc. “M.A.X. Deposit Notes” is a trademark of CIBC.
This is intended for information purposes only and is not, and under no circumstances is to be construed as, an offering of the Deposit Notes described herein, or as investment advice. This is intended to be read in conjunction with the Information Statement. The Deposit Notes described in the Information Statement are being offered in Canada only in those jurisdictions and to those persons where and to whom they may lawfully offered for sale, and therein only by persons permitted to sell such Deposit Notes. No securities commission or similar authority in Canada has reviewed or in any way passed upon this flyer or the Information Statement or the merits of the Deposit Notes described herein or therein, and any representation to the contrary is an offence.