Your Sophisticated, Yet Simple Portfolio · 2018-06-26 · maximize returns while minimizing...
Transcript of Your Sophisticated, Yet Simple Portfolio · 2018-06-26 · maximize returns while minimizing...
Your Sophisticated, Yet Simple Portfolio
CLIENT GUIDE
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Your Sophisticated, Yet Simple PortfolioSophisticated, Yet Simple
Portfolio Series is a family of seven portfolio funds, each carefully crafted to match a distinct investor profile.
It’s sophisticated.CI Multi-Asset Management combines its portfolio construction expertise with comprehensive research and recommendations from State Street Global Advisors – a world leader in investment research – to ensure each portfolio is designed to provide the maximum return possible for a given level of risk. Each Portfolio Series fund invests in a blend of underlying equity and fixed-income funds that are managed by CI’s award-winning money managers. The underlying funds are diversified not only by asset class, but also by geographic region, economic sector and investment style.
It’s simple.You get a fully diversified portfolio that fits your profile with the convenience of one fund to purchase and track. The Portfolio Series questionnaire allows you to work with your advisor to identify your objectives and to choose the appropriate portfolio. CI monitors the funds and rebalances them when necessary, so that your portfolio stays on track.
Portfolio Series offers you a complete investment program by combining core portfolio management features such as the questionnaire, diversified funds, automatic rebalancing and enhanced statements into one simple package.
1 Each portfolio is designed to maximize performance for a given level of risk using sophisticated optimization methods.
A balanced asset mix ensures that investors are not dependent
on any one asset class or security to provide returns.
Portfolio Series’ portfolios are diversified and strategically
engineered for efficiency by maximizing return for a given level of
risk. Each portfolio is constructed to suit client needs for capital
preservation, income generation and long-term growth.
Each of the seven portfolios invests in a select mix of underlying
income, Canadian equity, U.S. equity and international equity funds.
2 CI Multi-Asset Management’s portfolio construction skills are combined with the asset mix expertise of State Street Global Advisors.
CI Multi-Asset Management uses asset mix research and
recommendations from State Street Global Advisors to help craft
the Portfolio Series portfolios. With US$2.7 trillion* in assets
under management, State Street Global Advisors is one of the
largest investment management companies in the world. CI
reviews assumptions of the asset mixes, including volatility and
expected returns, and makes adjustments as needed to ensure
the portfolios continue to be efficient and forward looking to
capture maximum return for a given level of risk.
*As of March 31, 2018
Adding value with three key advantages RE
TURN
VOLATILITY
Non-efficient portfolio
Higher return, same volatility
Same return, lower volatility
3 The value of great portfolio managers
The CI Multi-Asset Management team selects funds and
their managers for Portfolio Series based on their investment
process, proven ability to add value and “fit” into the overall
portfolio diversification strategy. Portfolio Series offers you the
expertise of award-winning managers with proven track records.
These managers, through underlying funds mandates, have the
discretion and opportunities to add value using day-to-day tactical
actions through stock selection and sector allocation.
Our portfolio managers have been recognized for their expertise
and accomplishments through industry awards, including these
Morningstar Award winners:
• Eric Bushell, Chief Investment Officer, Signature Global Asset
Management, named Morningstar Fund Manager of the Decade
in 2010 and Morningstar Equity Fund Manager of the Year in 2009.
• Richard Jenkins, Managing Director and Portfolio Manager,
Black Creek Investment Management Inc., named Foreign
Equity Fund Manager of the Year in 2015.
• Greg Dean and Stephen Groff, Portfolio Managers, Cambridge
Global Asset Management, co-winners of Breakout Fund
Manager of the Year in 2015.
Portfolio Series offers seven optimized portfolios that lie on the efficient frontier – meaning they maximize returns while minimizing volatility for that level of risk tolerance.
Portfolio Series is designed to offer a portfolio to meet the needs
of every investor.
A portfolio for every investor
RETU
RN
VOLATILITYPS Income Fund
PS Conservative Fund
PS Conservative Balanced Fund
PS Balanced Fund
PS Balanced Growth Fund
PS Growth Fund
PS Maximum Growth Fund
Note: CI employs other sub-advisors not listed above.
Portfolio Series Income Fund — This portfolio is best suited for investors whose primary
need is income and capital preservation. The focus is on income with a diversified basket of
bond, income and income-oriented equity funds. The fund provides an income stream through
fixed monthly distributions.
Portfolio Series Conservative Fund — Best suited for investors looking for capital
preservation and income with some growth from the equity portion of the portfolio. The
income component is diversified between bond and other income funds.
Portfolio Series Conservative Balanced Fund — Split between equities and income and
with broad diversification across asset classes, geographic regions, economic sectors and
investment styles, this portfolio is best suited for investors whose primary objective is capital
preservation with some growth.
Portfolio Series Balanced Fund — This portfolio has a greater equity weighting while
curbing volatility with a strong component of income investments. It is best suited for
investors pursuing long-term capital growth who are conscious of volatility.
Portfolio Series Balanced Growth Fund — This portfolio has a significant equity
weighting while the income component helps to dampen volatility. It is best suited for
investors pursuing long-term capital growth who are conscious of volatility.
Portfolio Series Growth Fund — Offering well-diversified exposure to Canadian, U.S. and
international equities, this portfolio is for long-term investors who are seeking strong capital
growth and are comfortable with some short-term volatility.
Portfolio Series Maximum Growth Fund — Best suited for aggressive investors, this
portfolio is constructed to provide maximum expected returns in the long term along with
higher volatility in the short term. It has well-diversified exposure to Canadian, U.S. and
international equities, along with a small allocation to high-yield bonds.
A portfolio for every investor Income
Canadian Equities
U.S. Equities
International Equities
Income
Canadian Equities
U.S. Equities
International Equities
Income
Canadian Equities
U.S. Equities
International Equities
Income
Canadian Equities
U.S. Equities
International Equities
Income
Canadian Equities
U.S. Equities
International Equities
Income
Canadian Equities
U.S. Equities
International Equities
Income
Canadian Equities
U.S. Equities
International Equities
Portfolio Series is ideal for tax-free savings accounts
A tax-free savings account is more than a savings account. Your
TFSA can be used for investing – and Portfolio Series is an ideal
investment to hold in a TFSA. You can contribute up to $5,500
every year to your TFSA, and your assets will benefit from tax-free
growth. Also, you pay no taxes when the assets are withdrawn.
More details on TFSAs are available on CI’s TFSA website at
www.ci.com/tfsa.
The tax-efficiency of CI’s T-Class
Do you require a tax-efficient cash flow from your non-registered
assets? Portfolio Series is available through CI’s T-Class service
for four selected Portfolio Series portfolios – Balanced Fund,
Balanced Growth Fund, Growth Fund and Maximum Growth Fund.
To learn more, talk to your advisor.
The added flexibility of Portfolio Series
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Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
This report is provided as a general source of information and should not be considered personal legal, accounting, tax or investment advice, or an offer or solicitation to buy or sell securities. Every effort has been made to ensure that the material contained in this commentary is accurate at the time of publication. However, CI Investments Inc. 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. Morningstar Awards © Morningstar Inc. All Rights Reserved.
®CI Investments, the CI Investments design, Cambridge, Harbour Advisors, and Harbour Funds are registered trademarks of CI Investments Inc. ™Portfolio Series, CI Multi-Asset, and Signature Global Asset Management are trademarks of CI Investments Inc. ™First Asset and its logo are trademarks of FA Capital, a wholly owned subsidiary of subsidiary of CI Financial Corp. Cambridge Global Asset Management, Harbour Advisors, Signature Global Asset Management, and CI Multi-Asset Management are each a division of CI Investments Inc. Marret Asset Management Inc. and First Asset Investment Management are affiliates of CI Investments Inc. Published June 2018.
For more information on Portfolio Series, please contact your advisor or visit www.ci.com/portfolioseries.
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