TORONTO, Nov. 9, 2017 /CNW/ - CI Investments Inc. ("CI")
announced today that it has been honoured with six 2017 Thomson Reuters Lipper Fund Awards. The awards recognize funds that have
excelled in delivering consistently strong risk-adjusted performance, relative to peers.
"Our six awards represent funds managed by four different investment teams, reflecting the diversity and strength of our
portfolio management lineup," said Neal Kerr, Executive Vice-President, Investment Management at
CI Investments. "We congratulate our portfolio managers for achieving this well-deserved recognition."
Signature Global Science & Technology Corporate Class won three awards, as it was the top fund over three, five and 10
years in the global equity category. The portfolio managers are Malcolm White and Jeremy Yeung of Signature Global Asset Management.
Portfolio Series Income Fund was the Lipper Fund Award winner in the global fixed income balanced category over 10 years. The
fund, which is part of CI's Portfolio Series program, is managed by CI Multi-Asset Management, an in-house team of asset
allocation experts led by Chief Investment Officer Alfred Lam.
Other winners were CI Global Small Companies Corporate Class in the global small/mid-cap equity category for the 10-year
period, and CI Synergy Tactical Asset Allocation Fund in the tactical balanced category over five years. The portfolio managers
are Epoch Investment Partners and Picton Mahoney Asset Management, respectively.
The 2017 Lipper Fund Awards for Canada were announced last night in Toronto.
About CI Investments – Canada's Investment Company
CI Investments is one of Canada's largest investment management companies. It offers
a wide range of investment products and services, 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 $185.8 billion in assets as of October 31, 2017.
The Lipper Fund Awards, granted annually, are part of the Thomson Reuters Awards for Excellence and highlight funds that
have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are
based on the Lipper Ratings for Consistent Return, which is a risk-adjusted performance measure calculated over 36, 60 and 120
month periods. The highest 20% of funds in each category are named Lipper Leaders for Consistent Return and receive a score of 5,
the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2 and the lowest 20% are scored 1. The
highest Lipper Leader for Consistent Return in each category wins the Lipper Fund Award. Lipper Leader ratings change monthly.
For more information, see www.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. CI Signature Global Science & Technology (Corporate Class A) was named Best Global Equity Fund over
three, five and 10 years ending July 31, 2017 out of a category total of 209 funds (3 years), 175
funds (5 years) and 121 funds (10 years). Performance for the fund for the period ended September 30,
2017 was 27.8% (1 year), 20.3% (3 years), 23.4% (5 years) and 14.0% (10 years). The corresponding Lipper Leader ratings of
the fund for the same period were: 5 (3 years), 5 (5 years) and 5 (10 years). CI Synergy Tactical Asset Allocation (Class A) was
named Best Tactical Balanced Fund for five years ending July 31, 2017, out of a category total of
28 funds. Performance for the fund for the period ended September 30, 2017 was 8.6% (year 1), 4.6%%
(3 years), 8.7%% (5 years) and 4.5%% (10 years). The corresponding Lipper Leader ratings of the fund for the same period were: 4
(3 years), 5 (5 years), and 3 (10 years). CI Global Small Companies (Corporate Class A) was named Best Global Small/Mid cap
Equity Fund for 10 years ending July 31, 2017 out of a category total of 17 funds. Performance for
the fund for the period ended September 30, 2017 was 9.9% (1 year), 10.5% (3 years),
14.2% (5 years) and 6.5% (10 years). The corresponding Lipper Leader ratings of the fund for the same period were: 4 (3 years), 3
(5 years) and 4 (10 years). CI Portfolio Series Income (Class A) was named Best Global Fixed Income Balanced fund for 10 years
ending July 31, 2017 out of a category total of 16 funds. Performance for the fund for the period
ended September 30, 2017 was 0.8% (1 year), 3.8% (3 years), 5.4% (5 years) and 5.1% (10
years). The corresponding Lipper Leader ratings of the fund for the same period were: 3 (3 years), 3 (5 years), and 4 (10
years).
SOURCE CI Financial Corp.
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