C.I. Funds today announced the launch of the C.I. Portfolio Series, a family of asset allocation funds that makes it easy for investors to achieve the benefits of a fully diversified portfolio matched to their individual risk tolerance.

The four C.I. Portfolios, which are also available in 100% RSP-eligible versions, offer distinct asset allocations ranging from conservative to maximum growth. The Portfolios invest in diverse mixes of up to 14 underlying C.I. mutual funds representing a variety of asset classes, geographical mandates and investment styles.

“Proper asset allocation maximizes returns for a given level of risk,” said Peter Anderson, president of C.I. Mutual Funds Inc. “With the C.I. Portfolios, investors get the benefits of diversification and asset allocation through one simple investment.”

The C.I. Portfolio Series consists of the C.I. Conservative Portfolio (50% equities, 50% fixed income), C.I. Balanced Portfolio (65% equities, 35% fixed income), C.I. Growth Portfolio (80% equities, 20% fixed income) and C.I. Maximum Growth Portfolio (100% equities). Each C.I. Portfolio requires a minimum investment of $500.

A key feature of C.I. Portfolios is that they are “style neutral” — diversified not just by asset class but by investment style such as value and growth. Given that different investment styles outperform at different times, this will help to provide stability to the Portfolios’ returns.

“One of C.I.’s strengths is its extensive selection of funds managed by nine separate portfolio management teams with different investment approaches,” Anderson said. “C.I. Portfolios allow investors to benefit from the industry-leading expertise of all of these diverse investment teams.”

Independent investment consultants William M. Mercer Ltd. assisted in the design of the C.I. Portfolios and will review them on an ongoing basis.

The C.I. Portfolios also will be rebalanced regularly to maintain their target asset allocations. In general, rebalancing will be carried out in the most tax-efficient way, through the investment of new contributions.