TAX-EFFICIENT CASH FLOW WITH T-CLASS

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

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 Negative real rates of return Limited investment choices

What is T-Class? Income solution that creates a predictable tax-efficient cash flow using CI Corporate Class funds at no additional cost Create a customizable, monthly income stream which may allow investments to continue to grow A predictable cash flow from non-conventional income sources, such as equities and balanced portfolios A choice of more than 50 mandates

Cash flow with T-Class Please note that T-Class may pay taxable annual dividends in addition to the return of capital payments.

Tax efficiency The difference in the after-tax value of $10,000 in income from interest, dividends, capital gains and return of capital 1 1 Assumes a top marginal tax rate of 46.4%. $7,046 $2,954

$1 million investment in an income mandate: Trust version income: Assumes 5% interest income and no capital growth 5.0% T-Class distribution: Same assumptions as trust example 1 Assumes a top marginal tax rate of 46.4%. Same Gross Income

T-Class Corporate Class advantage T-Class is built on the tax-efficiency of CI’s Corporate Class, which ensures: Monthly distributions will be ROC Flexibility to move between T-Class and all CI Corporate Class funds, without triggering a taxable event

T-Class investment lineup Income/Diversified Income Select Income Managed CC, Signature High Income CC Balanced Cambridge Asset Allocation CC, Black Creek Global Balanced CC, Harbour Global Growth & Income CC, Harbour Growth & Income CC, Signature Global Income & Growth CC, Signature Income & Growth CC Dividend/Equity Signature Dividend CC, Signature Global Dividend CC, Black Creek Global Leaders CC, Black Creek International Equity CC, Cambridge Canadian Equity CC, Cambridge Global Equity CC, Cambridge Global Dividend CC, Cambridge American Equity CC, Cambridge Canadian Equity CC, Cambridge Growth Companies CC, CI American Value CC, CI Canadian Investment CC, CI Global CC, Harbour CC, Harbour Global Equity CC, Signature Select Canadian CC, Signature Select Global CC, Synergy Global CC Managed Solutions Portfolio Series – Balanced, Balanced Growth, Growth and Maximum Growth portfolios Portfolio Select Series – all one-ticket portfolios

T-Class competitive advantage

How does T-Class work?

Calculation of monthly payments T-Class distribution is adjusted based on previous year’s performance.

T-Class in a rising market

T-Class in a falling market

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 Customize to fit your clients’ cash flow needs as required

Target markets Non-registered investors looking for a tax-efficient source of income Retirees seeking income, without triggering OAS clawbacks Pre-retirees in the accumulation stage

Choose distribution

Key benefits Flexible to provide cash flow tailored to meet your clients’ needs Predictable, sustainable monthly income Tax efficiency Provides income without sacrificing growth

T-Class competitive position CI’s Corporate Class tax-efficient platform: – Switch, defer – ROC certainty Most of the industry: – mutual fund trusts – switches are taxable – ROC is “top-up”

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Thank you 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. FOR ADVISOR USE ONLY – NOT FOR DISTRIBUTION TO CLIENTS