RETU

RN

VOLATILITY

Income 45%

Canadian Equities 21%

U.S. Equities 20%

International Equities 14%

Portfolio Series Conservative Balanced Fund This portfolio is designed to provide long-term capital growth through equity exposure, with a fixed-income component to reduce volatility and contribute to returns.

La

DeFense o

ffice b

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ris

, fra

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INCOME EQUITY

Asse

t Cla

ss

Diversified income sources for a steady stream of distributions

¨ Canadian government bonds¨ Foreign government bonds¨ Investment-grade corporate bonds¨ High-yield corporate bonds

Diversified equity market exposure for modest capital appreciation

¨ Exposure to mainly large and mid-cap companies ¨ High-yielding dividend stocks¨ Infrastructure¨ REITs

Geog

raph

ic Geographic diversification of income

¨ 75% from Canada¨ 25% from the rest of the world

Geographic source of investment opportunities

¨ 38% from Canada¨ 62% from the rest of the world

Sect

or

There is additional diversification by economic sector, which is determined by the individual managers.

¨ Consumer discretionary ¨ Materials ¨ Health care¨ Information technology ¨ Telecommunication services ¨ Industrials¨ Financials ¨ Consumer staples ¨ Utilities¨ Energy

Inve

stm

ent S

tyle Separate investment mandates searching for the

highest yield without incurring undue riskIndependent asset managers, with complementary investment styles to help reduce risk and enhance returns relative to the broad markets:

Blend 40% Growth 17% Value 43%

Target allocations

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. Sun Life Assurance Company of Canada, a member of the Sun Life Financial group of companies, is the sole issuer of the individual variable annuity contract providing for investment in SunWise Essential Series 2 segregated funds. A description of the key features of the applicable individual variable annuity contract is contained in the Information Folder. Subject to any applicable death and maturity guarantees, any part of the premium or other amount that is allocated to a segregated fund is invested at the risk of the contract holder and may increase or decrease in value according to fluctuations in the market value of the assets of the relevant segregated fund. ®CI Investments and the CI Investments design are registered trademarks of CI Investments Inc. ™Portfolio Series is a trademark of CI Investments Inc. ®SunWise is a registered trademark of Sun Life Assurance Company of Canada. Morningstar Awards © Morningstar Inc. All Rights Reserved. Awarded to Portfolio Series for Best Fund of Funds, 2011 and 2012.

Portfolio Series Conservative Balanced Fund

A portfolio that fits your personal investment profile for capital preservation with low-risk growth potential

Key attributes of this portfolio

¨ Equity exposure to provide long-term capital growth, with an appropriate balance among major equity markets and investment styles.

¨ Fixed-income component to reduce volatility and contribute to the growth of the portfolio.

¨ CI Investment Consulting combines its portfolio construction expertise with comprehensive research and recommendations from State Street Global Advisors, a world leader in investment research, to ensure the portfolios are designed to provide the maximum return possible for a given level of risk.

¨ Tax efficiency for non-registered accounts is enhanced since the underlying equity mutual funds make use of CI’s Corporate Class structure.

¨ Active currency hedging program by underlying fund managers to reduce volatility.

¨ We will monitor and rebalance the portfolio on a regular basis to ensure that its asset mix reflects your investment profile. You will also receive semi-annual statements, which will enable you to review your progress.

If your investment objectives or personal circumstances change, it may be appropriate to change your asset allocation by shifting to one of the other Portfolios.

Portfolio Series is also available in SunWise Essential Series 2 Segregated Funds.

Inception: December 2001

Distribution:

Income – Paid annually

Capital Gains – Paid annually

Fund Code: CIG

ISC: Cdn 2600 / US 2700

DSC: Cdn 3600 / US 3700

LL: Cdn 1600 / US 1707

PIM Class O: 18052

SunWise Essential 2

Portfolio Series

Conservative Balanced

Segregated Fund Codes:

Income Class

ISC: 22742 / DSC: 22842

Investment Class

ISC: 22142 / DSC: 22242

Estate Class

ISC: 22442 / DSC: 22542

Investment Alternatives:

Class F, I

VISIT PORTFOLIO REVIEW ON THE WEB FOR MORE DETAILS Portfolio Review provides an enhanced level of information each quarter on the holdings and activity of your Portfolio at this CI website link: www.ci.com/portfolioseries.

The downloadable PDF report includes:

¨ Underlying fund allocations¨ Top 10 holdings by individual security¨ Performance, including detailed commentary¨ Allocations by sector, region, asset class and

market cap, and their change over the prior quarter.

1410-1575_E (10/14)

2 Queen Street East, Twentieth Floor, Toronto, Ontario M5C 3G7 I www.ci.comCalgary403-205-43961-800-776-9027

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Montreal 514-875-00901-800-268-1602

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