CI Global Investments Inc

Item 5 - Fees and Compensation

           Description
           CIGI has entered into investment management agreements with CII for investment
           advisory services in respect of the Funds. The fees for such services are negotiated
           between CIGI and CII and are set forth in the applicable investment management
           agreement. Fees are generally charged monthly in arrears based on total expenses plus a
           10% markup. From time to time, CIGI may agree to waive a portion of the fees otherwise
           payable to it. CII may, in its sole discretion, waive all or any portion of the Management
           Fee with respect to any investor. In addition to the advisory fees, the funds CIGI
           manages will incur additional fees, such as custodial fees, auditor fees for annual
           financial statement audits, brokerage fees, etc. A full list of fees and expenses is
           available in the limited partnership agreement for each fund.

           CIGI’s supervised persons are not registered with a broker-dealer and thus do not receive
           compensation for executing client trades.

Item 7 - Types of Clients
           CIGI currently provides investment advisory services as a portfolio sub-advisor to the
           Funds, which include certain pooled investment vehicles (i.e. investment funds) offered

                                        CI Global Investments Inc.

          to Canadian investors that are sponsored and managed by CII, as well as a Canadian
          charitable organization which is an institutional client of CII, as noted under Item 4.
          CIGI does not require a minimum AUM to manage a Fund, however, the individual funds
          may have a minimum investment requirement to invest in each fund.