CI Investments Inc. announced Friday that it has appointed KBSH Capital Management Inc. as a portfolio advisor to CI American Managers Corporate Class, a multi-manager, multi-style U.S. equity fund.

“KBSH is an institutional money manager with an exceptional track record in choosing U.S. stocks using a growth-oriented investment approach,” says Peter Anderson, CI’s CEO. “The KBSH team is a natural fit for the fund and will provide an additional layer of expertise and diversification.”

CI American Managers Corporate Class, with $341 million in assets, has posted first-quartile results in the U.S. equity category over the three and five years ending June 30, 2007. The fund’s portfolio is divided among five portfolio management teams, including KBSH, representing a variety of investment approaches.

Continuing as portfolio advisors are William Priest and David Pearl of Epoch Investment Partners, David Picton of Synergy Asset Management, John Hock of Altrinsic Global Advisors, and Robert Beckwitt of Trilogy Global Advisors. The teams make their security selections independent of one another, while CI Investment Consulting monitors the overall portfolio.

KBSH also has been appointed as a portfolio advisor to Select U.S. Equity Managed Corporate Class and Select U.S. Equity Managed Fund. These multi-manager, multi-style American equity funds are part of Portfolio Select Series, a comprehensive investment program in which investors and their advisors can construct fully diversified, tax-efficient portfolios tailored to investors’ individual objectives. KBSH will manage the small-cap portion of the Select U.S. Equity Managed Corporate Class and Select U.S. Equity Managed Fund portfolios. KBSH replaces Epoch Investment Partners, which continues to manage the large-cap value portion of the funds’ portfolios, as well as a variety of other American and global mandates for CI.

KBSH Capital Management Inc., founded in 1980 as Knight, Bain, Seath & Holbrook, is a prominent Canadian institutional investment manager. IT is part of the CI Financial Income Fund group of companies.