CI Investments January 30, 2014

Jim Tsiakos, CFP Vice President

• Product update

• G5/20 2039 Q1 Fund

• T-Class Review

• Review of CI & United current Fee disclosed Platforms

Agenda

Cambridge Canadian Growth Companies Fund to be soft-capped

• CI Investments is announcing that Cambridge Canadian Growth Companies Fund will be closed to new investments effective 4 p.m. ET on March 3, 2014. Unitholders of the fund may continue to add to their investments after that date, but no new accounts will be established.

• Cambridge Canadian Equity Corporate Class, which tends to focus on larger-cap companies in comparison to the growth companies fund but has similar flexibility to invest up to 49% in foreign content.

• Cambridge Canadian Dividend Fund, which focuses on dividend-paying Canadian stocks but can invest up to 30% outside of Canada.

• Cambridge Pure Canadian Equity Fund, which has an all-cap mandate and a requirement to hold at least 90% Canadian content.

Distribution Changes to Three CI Funds

New mandates added to PIM

Take your clients’ retirement plan off pause and hit play

John Smith

CI Investments

January 2014

For Advisor Use Only

Take your clients’ retirement plan off pause and hit play

John Smith

CI Investments

January 2014

For Advisor Use Only

G5/20 2039 Q1 Fund

Guaranteed 20 Years Cash Flow

5% Cash Flow

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• Investors preparing for retirement face several risks:

The risk of outliving their money.

The erosion of their buying power caused by inflation.

The opportunity cost of staying out of the market.

Retirement risks

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Why Consider G/520

• Baby boomers don’t have the flexibility to wait out a 15-year cycle.

Retirement risks

9Source: Bloomberg

• Predictable, sustainable, 5% guaranteed cash flows during retirement.

• Reduce large negative market fluctuations on the investment before and during retirement.

• Preserve capital with the potential for capital appreciation.

• Guarantee provided by one of the safest institutions in the world, a major Canadian bank

• Optimize performance to provide residual value.

G5|20 is designed specifically for retirement

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• Simplicity of a mutual fund

• Growth potential by participating in equity markets during the five-year Accumulation Phase and the Distribution Phase.

• Smooth returns and reduced volatility due to hedging strategy.

• Ability to lock-in current portfolio values.

Designed specifically for retirement

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• For client-held and nominee accounts for both non-registered and registered accounts.

• Ideal core holding for registered plans, including RRSPs, RRIFs and TFSAs.

• Available for CI Private Investment Management (Class O) and fee-based accounts (Class F), in addition to Class A.

• Cash wedge strategies for non-registered accounts.• Tax-efficient cash flows for non-registered accounts

(payments are characterized as either return of capital or capital gains).

• Guaranteed distributions from a non-registered account do not contribute to clawback of Old Age Security.

Available for registered and non-registered assets

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Product structure

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• Four underlying multi-manager, diversified mandates.

• CI Investment Consulting actively adjusts overall asset mix.

• Flexible investment mandates.

• Starting with a 70% equity exposure.

The Active Portfolio – designed to optimize growth potential

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Asset allocation

• G5|20 is structured as a mutual fund trust.

• Managed like a tactical balanced fund.

• Initially, the fund is approximately 70% equity and 30% income.

– Select Canadian Equity Managed Corporate Class

25%– Select U.S. Equity Managed Corporate Class

24%– Select International Equity Managed Corporate Class

21%– Mirrors Select Income Managed

30%

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The active portfolio is tactical

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Global tactical, balanced and optimally allocated at all times, based onmarket opportunities, market volatility and investment time horizon

G5|20 FundMutual Fund Trust

Income- Diversified Income portfolio (mirrors SIM)

Canadian Equity- Multi-manager Canadian Corporate Class

U.S. Equity- Multi-manager U.S. Equity Corporate Class

International Equity- Multi-manager International Equity Corporate Class

• Reduces volatility and lowers market exposure in downward trending markets.

• Incorporates equity risk, interest rates, volatility and time horizon to create a systematic yet dynamic hedging overlay to protect clients from downside.

• The strategy hedges the equity exposure.

• Enhances probability of client having a residual fund value after 25 years.

• Increases market exposure in upward trending markets.

Risk Management Overlay – systematic yet dynamic

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Bank of Montreal provides a guarantee to protect the fund’s annual cash flows of 5% over 20 years. Employs two fail-safes:

1. In a worst case scenario where adverse market conditions cannot be contained preemptively by asset mix changes and the Risk Management Overlay.

─ Assets will be moved into a Protection Portfolio designed to pay all guaranteed future cash flows from that moment forward.

2. If there is a shortfall in the Protection Portfolio, the bank will guarantee full payment of all remaining cash flows to investors.

The Guarantee – bringing security to your client’s retirement cash flows

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What is CI T-Class?

• Provides regular, predictable monthly distributions

• Payments are 100% tax-free ROC

• A choice of over 30 funds from income to equity, PS, PSS, (UFC Evolution)

• Under the Corporate Class umbrella

• Fully customizable to provide extended tax savings

• No extra cost

Customized payout

• Investors may choose a customized rate based on the underlying T-Class funds

• A fixed percentage from 0.25% to 8% ($ CASH FLOW WILL VARY EVERY YEAR as NAV changes)

Or

• A fixed dollar amount up to the maximum ROC payout

• Any ROC in excess of the requested amount is reinvested into the fund

Sales process

• Identify target markets

• Select investment that fits your clients’ objectives and risk tolerance

• Choose from two target distributions: 5% or 8%

• Customize to fit your clients’ cash flow needs as required

Target markets

• Non-registered investors looking for a tax-efficient source of cash flow

• Retirees seeking income, without triggering OAS clawback

• Investors looking to lower their marginal tax rate by combining T-Class with a SWP

• Pre-retirees in the accumulation stage

T- Class Availability in Evolution

• T-Class Evolution Managed Portfolios

– Assets are rebalanced based on the IP asset mix and Optimizer tax logic

• T-Class Evolution Portfolio Select Series

– PSS fund of funds linked to the IP group – Not rebalanced as part of asset mix

Assante Fee disclosed assets with CI

• $9B or 12.7% of CI retail AUM is fee disclosed • AWM and Stonegate represent 63% of these assets

Our Fee based Programs

• Assante “F” class platform (can include PIM “O” Class and Evo “I” Class)

• CI Private Investment Management “O” class – tiered pricing, mngmt and service fees charged to clients account with negotiable service fee including Segregated Funds - SunWise Essential Series 2 & G520

• Evolution Private Managed Accounts “I” class – tiered pricing, mngmt and service fees charged to clients account with negotiable service fee.

• Optima “W” class – mngmt and service fees charged to clients account with negotiable service fee.

• United Private Client – tiered fee for service model with negotiable fees

• CI Portfolio Select “W” class – Mngmt fee embedded, service fee negotiable.

Fee Transparency

The Assante Advantage

Regional Wealth Planning Support and Wealth Planning Deliverables

CI Clients and Prospects of

Assante Advisors Only

Thank you

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