New principal-at-risk notes by Bank of Montreal and CI Investments offer tax-efficient income potential, low-cost exposure to three award-winning funds



    TORONTO, Sept. 11 /CNW/ - CI Investments Inc. ("CI") today announced the
launch of Bank of Montreal PARTNRS (Principal At Risk Notes)(TM), CI Signature
Funds R.O.C. Class(TM), Series 1, a new investment product issued by Bank of
Montreal that provides actively managed exposure to three CI mutual funds at a
management fee that is lower than the cost of buying the funds directly.
    The Notes will be linked to the performance of a notional portfolio
consisting of Signature High Income Fund, Signature Dividend Fund and
Signature Select Canadian Fund. What differentiates these Notes from other
similar products is the ability of the investment manager of the Notes -
Signature Advisors - to actively allocate assets among the three funds and
employ discretionary leverage for up to 33% additional exposure to the
portfolio.
    In addition, the Notes pay monthly distributions in the form of
tax-efficient return of capital, with an indicative distribution rate targeted
at 6% for the first 12 months. Signature Advisors will determine the
indicative distribution rate each year based on prevailing market conditions
and its estimate of distributable cash flow from the funds for the upcoming
12-month period. The amount of Principal Repayments paid to holders, however,
will be determined by the Bank based on actual performance of the Notes and
may differ from the target rate. Any distributions paid on underlying units of
the funds will be notionally reinvested in the note structure, providing
tax-deferred growth for investors. The Notes have a 10-year term to maturity
and are not principal protected.
    Signature Advisors is led by Eric Bushell and James Dutkiewicz. Mr.
Bushell, Chief Investment Officer, has 14 years of investment industry
experience. Mr. Dutkiewicz, Portfolio Manager, has 12 years of experience in
analyzing and trading bonds. Signature Advisors, a division of CI Investments,
manages over $20 billion in assets and has a strong track record. For example,
Signature High Income Fund was named Best Canadian Income Trust Fund in 2004,
Signature Dividend Fund was named Best Dividend Fund in 2002 and 2001, and
Signature Select Canadian Fund was named Best Canadian Equity Fund in 2001.
    Bank of Montreal PARTNRS (Principal At Risk Notes)(TM), CI Signature
Funds R.O.C. Class(TM), Series 1, are available for sale until October 17,
2007 through registered dealer representatives, and are eligible for
registered plans. The minimum purchase is $2,000. Detailed information
regarding the Notes is contained in a base shelf prospectus dated April 13,
2007 and a related pricing supplement dated September 7, 2007 and filed on
www.sedar.com. They also may be obtained through registered dealer
representatives authorized to distribute these securities. This is intended to
be read in conjunction with the prospectus relating to the Notes and will be
qualified in its entirety by reference to such prospectus. The information
contained herein is for information purposes only and does not constitute an
offer to sell or solicitation to buy the Notes referred to herein or
investment advice. Investors should consult their advisors before making any
investment decisions.

    BMO Financial Group is a highly diversified North American financial
services organization, which was established in 1817 as Bank of Montreal. With
total assets of $359 billion as at July 31, 2007, and more than 35,000
employees, BMO provides a broad range of retail banking, wealth management and
investment banking products and solutions.

    CI Investments Inc. is a corporation controlled by CI Financial Income
Fund (TSX: CIX.UN), an independent, Canadian-owned wealth management firm with
approximately $95.4 billion in fee-earning assets as of August 31, 2007. CI
Financial offers a broad range of investment products and services, including
an industry-leading selection of investment funds. CI is on the Web at
www.ci.com.





For further information:

For further information: David R. McBain, Senior Vice-President, CI
Investments Inc., (416) 364-1145


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