Fund Spotlight - Signature High Income Fund

An Anti-Volatility, Cash Flow Generator

Signature High Income Fund provides a unique strategy focused on cash-flow generating, non-traditional asset classes to provide a stable monthly distribution and help investors meet long-term income needs.

By investing in non-traditional asset classes such as real-estate, infrastructure and high-yield bonds, the fund may provide several benefits to client portfolios, including: improved diversification, enhanced income and a potential reduction of overall portfolio volatility for clients who are invested in a traditional balanced strategy.


Features & Key Benefits

  • Enhanced portfolio income with lower volatility

  • Diversification benefits through low correlations to traditional equities and bonds

  • Exhibits defensive characteristics during periods of volatility in global equity markets

Higher Income Stream Potential

How to Fund a 6% Distribution (for illustrative purposes only)

How to fund a 6% distribution - for illustration purposes only. Typical balanced funds: US Investment Grade Bonds - Funding Gap: 4.41%; 1.59% distribution. Canadian Bonds - Funding Gap: 4.09%; 1.91% distribution. US Equities - Funding Gap: 3.61%; 2.39% distribution. Global Equities - Funding Gap: 3.05%; 2.95% distribution. Canadian Equities - Funding Gap: 1.94% ; 4.06% distribution. Signature High Income Funds: Global Real Estate Equities- Funding Gap: 0.80%; 5.20% distribution. Global Infrastructure Equities - Funding Gap: 0.57%; 5.43% distribution. Global High Yield Bonds - Funding Gap: -3.06%; 9.06% distribution.

Source: Bloomberg Finance L.P.* All yields as at June 30, 2020.

*U.S. Equities = S&P 500 TR dividend yield; Canadian Bonds = FTSE Canadian Universe Bond Index yield to maturity; Global Equities = MSCI World GR dividend yield; U.S. Investment Grade Bonds = Bloomberg Barclays U.S. Aggregate Bond yield to maturity; Canadian Equities = S&P/TSX Composite TR dividend yield; Real Estate = FTSE EPRA Nareit Developed Index dividend yield; Infrastructure = S&P Global Infrastructure Index dividend yield; High Yield Bonds = ICE BofAML U.S. High Yield Index yield to worst.


Additional Information


Speak to an advisor about how Signature High Income Fund may be right for your portfolio.


Advisors, please contact your CI Sales Team representative to learn more.

IMPORTANT DISCLAIMERS

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The indicated rates of return are the historical annual compounded total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all dividends/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.

This communication is provided as a general source of information and should not be considered personal, legal, accounting, tax or investment advice, or an offer or a solicitation to buy or sell securities. Every effort has been made to ensure that the material contained in this document is accurate at the time of publication. Market conditions may change which may impact the information contained in this document. All charts and illustrations in this document are for illustrative purposes only. They are not intended to predict or project investment results. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies.

Certain statements contained in this communication are based in whole or in part on information provided by third parties and CI has taken reasonable steps to ensure their accuracy. Market conditions may change which may impact the information contained in this document.

Certain statements in this document are forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or “estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are by their nature based on numerous assumptions. Although the FLS contained herein are based upon what CI Investments Inc. and the portfolio manager believe to be reasonable assumptions, neither CI Investments Inc. nor the portfolio manager can assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.

The comparison presented is intended to illustrate the fund’s historical performance as compared with the historical performance of widely quoted market indices or a weighted blend of widely quoted market indices or another investment fund. There are various important differences that may exist between the fund and the stated indices or investment fund, that may affect the performance of each. The objectives and strategies of the fund result in holdings that do not necessarily reflect the constituents of and their weights within the comparable indices or investment fund. Indices are unmanaged and their returns do not include any sales charges or fees. It is not possible to invest directly in market indices.

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Published: August 5, 2020.