Signature High Yield Bond Fund

[Pages:3]CI High Yield Bond Fund

Series F CAD

AS AT OCTOBER 31, 2023

FUND OVERVIEW

The fund invests in high-yield corporate bonds and other income-producing securities throughout the world.

FUND DETAILS

Inception date Total net assets ($CAD) As at 2023-10-31 NAVPS MER (%) As at 2023-03-31 Management fee (%) Asset class Currency Minimum investment

Distribution frequency Last distribution Average Credit Rating

July 2013 $295.6 million

$8.5920 1.10

0.60 High Yield Bond

CAD $500 initial/$25

additional Monthly $0.0480 BB-

Risk rating1

Low

Medium

High

FUND CODES

F

4634

A

ISC 2634

DSC SO* 3634

LL SO 1634

E

16082

EF

15082

I

5634

O

18082

P

90173

*No new purchases directly into switch only funds.

PERFORMANCE2

Growth of $10,000 (since inception date)

24k $15,802

20k 16k 12k

8k 14 15 16 17 18 19 20 21 22 23

Calendar year performance

20 13.72

6.12 0.78

0

5.71

0.54

9.91

5.08

5.74

% Percentage

-9.99

-20

14

15

16

17

18

19

20

21

22

Average annual compound returns

YTD

1 Mo

6.18%

-1.09%

*Since inception date

3 Mo -1.44%

DISTRIBUTION HISTORY3

6 Mo 1.97%

1 Y 7.05%

3 Y 2.49%

5 Y 2.74%

10 Y 4.37%

FUND CHARACTERISTICS

Inception* 4.56%

Payable date 2023-10-27 2023-09-22 2023-08-25 2023-07-28 2023-06-23

Total 0.0480 0.0480 0.0480 0.0480 0.0480

Payable date 2023-05-26 2023-04-21 2023-03-24 2023-02-24 2023-01-27

Total 0.0480 0.0480 0.0480 0.0480 0.0480

CI PREFERRED PRICING4

Investment amount

$100,000 - $500,000 $500,000 - $1,000,000 $1,000,000 - $2,500,000 $2,500,000 - $5,000,000 $5,000,000 and above

Combined fee

reduction

0.00%

0.00%

0.13%

0.18%

0.25%

Average Coupon % Duration Yield

RATING SUMMARY (%)

AAA A BBB BB B D NR Average Credit Rating

*Corporate and Government bonds only.

5.57 3.16 10.03

1.81 0.27 18.91 33.93 33.22 0.16 5.89 BB-

Note: This page is not complete without disclaimers on the next page.

CI High Yield Bond Fund

Series F CAD

AS AT OCTOBER 31, 2023

PORTFOLIO ALLOCATIONS5

Asset allocation

Foreign Corporate Bonds Canadian Corporate Bonds Cash and Equivalents Canadian Equity Foreign Government Bonds US Equity Canadian Government Bonds International Equity Other

(%) Sector allocation

66.45 19.01 4.83 3.22 2.67 2.58 0.64 0.59 0.01

Fixed Income Cash and Cash Equivalent Financial Services Energy Healthcare Consumer Goods Consumer Services Telecommunications Mutual Fund Other

(%) Geographic allocation

88.30 4.83 3.18 1.01 0.57 0.57 0.47 0.39 0.34 0.34

United States Canada Cayman Islands Other United Kingdom Bermuda

TOP HOLDINGS

1. Cad Cash Sweep 2. Citigroup Inc 3.88% 18-May-2172 3. United States Treasury 3.88% 15-Aug-2033 4. Fairfax India Holdings Corp 5.00% 26-Feb-2028 5. Husky III Holding Ltd 13.00% 15-Feb-2025 6. Enbridge Inc 6.25% 01-Mar-2078 7. Inter Pipeline Ltd 6.88% 26-Mar-2079 8. Inter Pipeline Ltd 6.63% 19-Nov-2079 9. Enbridge Inc 6.00% 15-Jan-2077 10. Venture Global Clcsieu Pss LLC 3.88% 01-Nov-2033 11. Medline Borrower LP 3.88% 01-Apr-2029 12. NCL Corp Ltd 2.50% 15-Feb-2027 13. Toronto-Dominion Bank 5.75% PERP 14. Cineplex Inc 7.50% 26-Feb-2026 15. NuVista Energy Ltd 7.88% 23-Jul-2026

Sector

Cash and Cash Equivalent Banking Fixed Income Fixed Income Fixed Income Fixed Income Fixed Income Fixed Income Fixed Income Fixed Income Fixed Income Fixed Income Fixed Income Fixed Income Fixed Income

MANAGEMENT TEAM

Geof Marshall

Brad Benson

(%)

67.31 27.22 2.64 1.91 0.57 0.35

(%) 4.24% 1.90% 1.71% 1.68% 1.31% 1.27% 1.21% 1.20% 1.16% 1.10% 1.06% 1.03% 1.03% 1.02% 1.00%

Note: This page is not complete without disclaimers on the next page.

Over 35,000 financial advisors have chosen CI Global Asset Management as a partner. We believe that Canadians have the best opportunity for investments success by using the services of a professional financial advisor. Learn more at .

1 The risk level of a fund has been determined in accordance with a standardized risk classification methodology in National Instrument 81-102, that is based on the fund's historical volatility as measured by the 10-year standard deviation of the fund's returns. Where a fund has offered securities to the public for less than 10 years, the standardized methodology requires that the standard deviation of a reference mutual fund or index that reasonably approximates the fund's standard deviation be used to determine the fund's risk rating. Please note that historical performance may not be indicative of future returns and a fund's historical volatility may not be indicative of future volatility. 2 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 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. 3 Please refer to the fund's simplified prospectus for distribution information. 4 CI Preferred Pricing fee reductions apply to management and administration fees and start at $100,000.

5 Portfolio allocations will fluctuate over the life of the mutual fund as the portfolio holdings and market value of each security changes. The portfolio manager(s) may change the portfolio allocations in some or all of the sectors. The contents are not to be used or construed as investment advice or as an endorsement or recommendation of any entity of security discussed. 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. The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values or returns on investment in an investment fund. The "Growth of $10,000 invested" chart shows the final value of a hypothetical $10,000 investment in securities in this class/series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities. Management Expense Ratio ("MER") represents the trailing 12-month management expense ratio, which reflects the cost of running the fund, inclusive of applicable taxes including HST, GST and QST (excluding commissions and other portfolio transaction costs) as a percentage of daily average net asset value the period, including the fund's proportionate share of any underlying fund(s) expenses, if applicable. The MER is reported in each fund's Management Report of Fund Performance ("MRFP"). MRFPs can be found within the Documents tab on . CI Global Asset Management is a registered business name of CI Investments Inc.

?CI Investments Inc. 2023. All rights reserved.

Published November 2023

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