Mr. Stephen MacPhail reports

CI FINANCIAL REPORTS RECORD ASSETS UNDER MANAGEMENT

CI Financial Corp. had assets under management at Aug. 31, 2014, of $102.2-billion and total assets of $131.8-billion. CI's assets under management grew by $18.4-billion or 21.9 per cent year over year and were up $1.8-billion or 1.7 per cent in the month of August for the 14th consecutive month of asset growth. Total assets were up $23.0-billion or 21.2 per cent for the year and $2.3-billion or 1.8 per cent in August. Assets under management and total assets at Aug. 31 were new month-end records for CI.

Assets under management at Aug. 31, 2014, of $102.2-billion represented an increase of $4.3-billion or 4.4 per cent over the average assets under management for the quarter ended June 30, 2014, and an increase of $18.9-billion or 22.6 per cent over the average for fiscal 2013.

CI also reported assets under administration at Assante Wealth Management (Canada) Ltd. of $29.6-billion at Aug. 31, 2014, an increase of 18.6 per cent year over year.

Additional information about CI's assets and financial position can be found in the attached tables of preliminary statistics and on its website in the statistics section. These are the only statistics authorized by CI, and CI takes no responsibility for reporting by any external sources.

              AUG. 31, 2014, PRELIMINARY MONTH-END STATISTICS         

Ending assets                  Aug. 31, 2014  July 31, 2014  Aug. 31, 2013
                                   (millions)     (millions)     (millions)

Assets under management             $102,182       $100,427        $83,810
Assets under administration*          29,641         29,125         24,995
Total                               $131,823       $129,552       $108,805

* Includes CI and United Financial funds administered by Assante 
advisers

            MONTHLY AVERAGE ASSETS UNDER MANAGEMENT

                                 Aug. 31, 2014       July 31, 2014
                                     (millions)          (millions)

Monthly average                       $101,000            $100,399   

              FISCAL QUARTER AVERAGE ASSETS UNDER MANAGEMENT

                                  Ending Aug. 31, 2014      Ending June 30, 2014
                                             (millions)                (millions)

Fiscal quarter average                        $100,700                   $97,895

             FISCAL YEAR AVERAGE ASSETS UNDER MANAGEMENT

                             Ending Aug. 31, 2014                Fiscal 2013
                                        (millions)                 (millions)

Fiscal year average                       $96,979                    $83,325    

                        EQUITY AND FINANCIAL POSITION
Equity                                                        Financial position (millions)

Total outstanding shares              283,337,448  Debt outstanding                   $500
QTD weighted avg. shares              283,765,468  Net debt outstanding               $222
Current yield                         3.4%         Terminal redemption value of funds $746
Potential share dilution from options 1,079,118    
All options % of shares               2.0%                                             

  ESTIMATED GEOGRAPHIC EXPOSURE 
   OF ASSETS UNDER MANAGEMENT

Canada           43%   Asia    4%   
United States    29%   Other   4%   
Europe           14%   Cash    6%