As at September 30, 2018 | Class A |

Fund Codes

Fund Details

Portfolio Management Team

$C $US T5 T8

FEL 2246 - 102T5 602T8

DSC 3246 - 202T5 702T8

LL 1326 - 302T5 802T8

Class F 4246 - 402T5 902T8

Class E 16110 17110 16710 16410

Class O 18110 19110 18710 18410

Asset Class Asset Allocation

Currency CAD

AUM($M)* 818.33

NAV($) 12.65

Inception November 2006

Minimums($) 500 - 50

MER(%) 2.38

Risk Tolerance Low to medium

Distribution Frequency

Quarterly

Distributions($) 0.0658 (Sep 14 2018)

($/unit)

September 2015 -December 2015 -March 2016 0.618June 2016 -September 2016 -December 2016 -March 2017 0.663June 2017 -September 2017 -December 2017 -March 2018 0.467June 2018 0.065September 2018 0.066

Chief Investment

Officer

Fund Manager(s)

Multi Manager

$17,760

Growth of $10,000 (Class A)

Investment Objective

The investment objective of this Managed Portfolio is to provide returns from a diversified portfolio of equity securities, with a small amount of exposure to income securities to mitigate short-term volatility. It aims to invest 30% of its assets in mutual funds that invest primarily in income securities and 70% of its assets in mutual funds that invest primarily in equity securities.

Portfolio Performance

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 YTD Calendar Returns (%)

-22.8 18.0 9.2 -3.8 9.5 20.6 7.5 2.5 4.9 6.7 -0.1 Fund

1Mth 3Mth 6Mth 1Yr 3Yr 5Yr 10Yr Inception Compound Returns (%)

-0.9 0.5 1.6 2.7 4.8 5.6 5.9 3.8 Fund

Portfolio Allocations (as of September 30, 2018)

Asset class (%)US Equity 25.4International Equity 22.6Canadian Equity 19.9Cash and Equivalents 8.1Foreign Government Bonds 7.9Canadian Government Bonds 6.0Canadian Corporate Bonds 4.5Foreign Corporate Bonds 2.8Commodities 1.4Other 1.5

Sector (%)Fixed Income 21.4Financial Services 16.7Technology 9.8Cash and Cash Equivalent 8.1Consumer Services 7.0Energy 6.7Consumer Goods 6.7Healthcare 6.3Industrial Services 5.7Other 11.7

Geographic (%)Canada 36.0United States 35.2United Kingdom 3.9Japan 3.7France 2.3Germany 1.9Switzerland 1.6Bermuda 1.3Netherlands 1.3Other 12.9

Select 30i70e Managed Portfolio Corporate Class

Cl Multi-Asset Management, led by portfolio managers Alfred Lam and Yoonjai Shin, oversees Cl's managed solutions. The team's philosophy is centred on delivering predictable outcomes for investors by utilizing a full set of asset classes while adding value and managing risk through multiple factors.

Multi Manager

About CI Investments

Portfolio Management Team Profile

CI Investments Inc. is a leading Canadian−owned investment management company. Our philosophy is based on choice giving you the power to choose the investments that meet your individual needs. We offer an extraordinary selection of funds and leading portfolio management teams whose investment expertise is among the best in the world. We market our funds through a network of more than 40,000 financial advisors because we think you are most successful when you follow a sound financial plan developed with the assistance of a qualified advisor. CI is a subsidiary of CI Financial Corp., which is listed on the Toronto Stock Exchange under the symbol CIX.

Top Holdings (as of September 30, 2018) Sector (%)

Select U.S. Equity Managed Fund Class I Mutual Fund 25.98

CI Income Fund Class A Mutual Fund 25.09

Select International Equity Managed Fund Class I Mutual Fund 22.26

Select Canadian Equity Managed Fund Class I Mutual Fund 21.43

Signature Global Bond Fund Class I Mutual Fund 3.95

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total including changes in unit value and reinvestment of all distributions 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. Please refer to the Legal section of www.ci.com for additional information.*Assets under management are as at the end of the most recent quarter ending March 31, June 30, September 30 or December 31.

Select 30i70e Managed Portfolio Corporate ClassAs at September 30, 2018 | Class A |

Fund of Funds Holdings (as of September 30, 2018) Sector (%)

SPDR Gold Trust ETF (GLD) Exchange Traded Fund 1.36

Toronto-Dominion Bank Banking 1.25

Royal Bank of Canada Banking 1.00

Bank of Nova Scotia Banking 0.79

Canada Government 1.75% 01-May-2020 Fixed Income 0.66

Apple Inc Diversified Technology 0.64

Microsoft Corp Computer Electronics 0.63

Suncor Energy Inc Diversified Energy 0.61

Costco Wholesale Corp Retail 0.55

Canadian Natural Resources Ltd Oil and Gas 0.54

Danaher Corp Manufacturing 0.54

Japan Government 0.10% 20-Dec-2022 Fixed Income 0.52

United States Treasury 2.38% 30-Apr-2020 Fixed Income 0.50

Canadian Imperial Bank of Commerce Banking 0.49

Procter & Gamble Co Consumer Non-durables 0.48