TSX Symbol: CIX
TORONTO, Feb. 6, 2013 /CNW/ - CI Investments Inc. ("CI") congratulates
its portfolio management teams for earning seven 2013 Lipper Fund
Awards, which recognize funds that have excelled in delivering
consistently strong risk-adjusted performance, relative to peers.
The winners included Portfolio Series Income Fund and Signature High
Income Fund, adding to the extensive accolades they have received in
recent years. Signature Global Science & Technology Corporate Class and
Cambridge High Income Fund were also winners at last night's awards
Portfolio Series Income Fund was named Best Global Fixed Income Balanced
Fund over three and five years. The fund, which is part of the
Portfolio Series program, is managed by CI Investment Consulting, an
in-house team of asset allocation experts led by Portfolio Manager
Portfolio Series Income Fund also won two Lipper Fund Awards in 2012, as
it was best fund in its category for the three and five-year periods.
In addition, the Portfolio Series program was named Best Fund of Funds
at the 2011 and 2012 Morningstar Canadian Investment Awards.
"Portfolio Series continues to be recognized as a best-in-class managed
solution," said Derek J. Green, CI President. "The success of Portfolio
Series reflects the asset allocation and risk management expertise of
CI Investment Consulting combined with the skills of CI's exceptional
lineup of portfolio management teams."
Signature High Income Fund was named Best Global Neutral Balanced Fund
over three, five and 10 years. The fund is managed by Geof Marshall,
Ryan Fitzgerald, and Joe D'Angelo of Signature Global Advisors.
Signature High Income Fund has received numerous accolades, winning
three Lipper Fund Awards in 2012 for the three, five and 10-year time
periods, and taking home trophies at the Morningstar Canadian
Investment Awards in 2004, 2010, 2011 and 2012.
"Signature High Income Fund has an exceptional long-term track record of
delivering consistent income and growth to investors," said Mr. Green.
"The fund has been managed by Signature team members since inception in
1996 and its strong returns reflect the group's proven expertise across
global income asset classes and equity sectors."
Signature Global Science & Technology Corporate Class was named Best
Miscellaneous Sector Equity Fund over five years. The portfolio is
managed by Signature's Malcolm White and Jeremy Yeung.
Cambridge High Income Fund, which is managed by Robert Swanson of
Cambridge Advisors, was Best Canadian Equity Balanced Fund over five
Overall, CI funds and portfolio managers have been the recipients of 33
Morningstar Canadian Investment Awards over the past 10 years and 46
Lipper Fund Awards since the start of the program in Canada in 2007.
The Lipper Fund Awards are part of the Thomson Reuters Awards for
Excellence, a global family of awards that celebrate exceptional
performance throughout the professional investment community. The
Thomson Reuters Awards for Excellence recognize the world's top funds,
fund management firms, sell-side firms, research analysts, and investor
relations teams. The Thomson Reuters Awards for Excellence also include
the Extel Survey Awards, the StarMine Analyst Awards, and the StarMine
Broker Rankings. For more information, please contact firstname.lastname@example.org or visit excellence.thomsonreuters.com.
About CI Investments - Canada's Investment Company
CI Investments is one of Canada's largest investment management
companies. It offers a broad range of investment products and services,
including an industry-leading selection of investment funds, and is on
the Web at www.ci.com. CI is a subsidiary of CI Financial Corp. (TSX: CIX), an independent,
Canadian-owned wealth management firm with approximately $101.7 billion
in assets as of January 31, 2013.
Lipper Fund Awards are given by Lipper, Inc. to recognize funds that
have provided superior consistency and risk-adjusted returns when
compared to a group of similar funds. Awards are given to the fund with
the highest value within its category for the time periods of three,
five and 10 years according to the Lipper Leader ratings for Consistent
Return, which reflect funds' historic returns, adjusted for volatility,
relative to peers. Lipper Leader ratings change monthly. For more
information, see 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. Users acknowledge that they have not relied upon
any warranty, condition, guarantee, or representation made by Lipper.
Any use of the data for analyzing, managing, or trading financial
instruments is at the user's own risk. This is not an offer to buy or
Portfolio Series Income Fund (Class A) was named Best Global Fixed
Income Balanced Fund in February 2013 for the three and five-year
periods ending Oct. 31, 2012, out of a category total of 26 and 19
funds, respectively, and in February 2012 for the three and five-year
periods ending Oct. 31, 2011, out of a category total of 21 and 10
funds, respectively. Signature High Income Fund (Class A) was named
Best Global Neutral Balanced Fund in February 2013 for the three, five
and 10-year periods ending Oct. 31, 2012, out of a category total of
98, 68 and 31 funds, respectively, and in February 2012 for the three,
five and 10-year periods ending Oct. 31, 2011, out of a category total
of 87, 61 and 29 funds, respectively. Signature Global Science &
Technology Corporate Class (Class A) was named Best Miscellaneous
Sector Equity Fund in February 2013 for the five years ending Oct. 31,
2012, out of a category total of 10 funds. Cambridge High Income Fund
was named Best Canadian Equity Balanced Fund in February 2013 for the
five-year period ending Oct. 31, 2012.
Performance for the funds for the one, three, five and 10-year periods
ending December 31, 2012 are as follows: Portfolio Series Income: 6.6%,
6.4%, 5.0% and 5.3%; Signature High Income: 11.6%, 10.5%, 6.7% and
9.7%; Signature Global Science & Technology: 13.3%, 8.8%, 7.7% and
4.7%; Cambridge High Income Fund: 6.2%, 10.6%, 8.0% and n/a (10.4%
since inception in July 2004). 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.
Morningstar Awards © Morningstar Inc. All Rights Reserved. Awarded to
Signature High Income Fund for Best Global Balanced Fund, 2012, 2011,
2010, and for Best Canadian Income Trust Fund, 2004.
SOURCE: CI Investments Inc.
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