TaxEfficient Cash Flow with

1
Tax-Efficient Cash Flow with
2
Agenda

• Market opportunity
• What is T-Class?
• How does T-Class work?
• Sales process
• Competitive overview

3
Market opportunity

• Retirees and pre-retirees looking for a stable
  income that also provides
• Capital preservation
• Growth potential
• Tax minimization
• To overcome
• A low-yield environment
• Reduced dividends
• Disappearing income trusts
• Market volatility

4
What is T-Class?

• A new series available for more than 25 funds
• Income, balanced, equity or managed solutions
• Regular, steady, tax-deferred cash flow stream
  with choice of two annual target distribution
  levels
• 5 and 8 (paid monthly)
• At no additional cost

5
Cash Flow with T-Class
6
Tax Efficiency
The difference in the after-tax value of 10,000
in income from interest, dividends, capital gains
and return of capital1
1 Assumes a top marginal tax rate for Ontario of
46.4 for 2007.
7
1 million investment in an income mandate
Same Gross Income
Trust version income Assumes 5 interest income
and no capital growth
5.0 T-Class distribution Assumes no capital
growth
1 Assumes a top marginal tax rate for Ontario of
46.4 for 2007.
8
T-Class Corporate Class Advantage

• T-Class is built on the tax-efficiency of CIs
  Corporate Class, which ensures
• Distributions will be ROC
• Flexibility to move between T-Class and all CI
  Corporate Class funds, without triggering a
  taxable event

9
T-Class Investment Lineup
10
T-Class Competitive Advantage
11
How Does T-Class Work?
12
Calculation of Monthly Payments
T-Class distribution is adjusted based on
previous years performance.
13
T-Class in a Rising Market
14
T-Class in a Falling Market
15
Sales Process

• Identify target markets
• Select investment that fits your clients
  objectives and risk tolerance
• Choose from two target distributions 5 or 8
• or adjust to fit your clients income needs
• Consider a conservative leveraged strategy

16
Target Markets

• Non-registered investors looking for a
  tax-efficient source of income
• Retirees seeking income, without triggering OAS
  clawbacks
• Investors who may be suitable for a strategy
  using leverage, so that the investment pays the
  costs of the loan

17
Select Funds Growth of 10,000
18
Choose Distribution
19
Key Benefits

• Flexible to provide cash flow tailored to meet
  your clients needs
• Stable, sustainable monthly income
• Tax efficiency
• Provides income without sacrificing growth

20
T-Class and Portfolio Series
Includes distributions from inception until June
30, 2007.
21
T-Class Competitive Position

• CIs Corporate Class tax-efficient platform
• convert, switch, defer
• ROC certainty
• Most of industry mutual fund trusts
• switches trigger taxable distributions
• ROC is top-up
• CI offers largest group of funds
• CIs most popular funds, Portfolio Select Series
  and Portfolio Series (balanced and growth
  mandates)

22
Thank you
Head Office2 Queen Street East, Twentieth
FloorToronto, Ontario M5C 3G7Tel
416-364-1145Toll Free 1-800-268-9374 English
Client Services Team 1-800-563-5181 French
Client Services Team 1-800-668-3528
CalgaryTel 403-205-4396Toll Free
1-800-776-9027 HalifaxTel 902-422-2444 Toll
Free 1-888-246-8887 MontrealTel 514-875-0090
Toll Free 1-800-268-1602 VancouverTel
604-681-3346Toll Free 1-800-665-6994
23
All charts and illustrations in this guide are
for illustrative purposes only. They are not
intended to predict or project investment
results. CI Investments and the CI Investments
design are registered trademarks of CI
Investments Inc. 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.