Mr. Murray Oxby reports

CI FINANCIAL TO HOLD ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS ON APRIL 20; PROVIDES UPDATE ON FIRST QUARTER SALES

CI Financial Corp. will hold its annual and special meeting of shareholders on April 20, 2017, in Toronto.

Date:  Thursday, April 20, 2017

Time:  2 p.m. EDT

Location:  CI Financial offices, 15 York St., second floor, Toronto

In addition to the formal business of the meeting, there will be presentations by the CI executive team. The notice of meeting and management information circular is available on SEDAR or on the company's website under reports and fiscal 2017.

To facilitate discussion at the meeting, CI today reported preliminary sales results for the first quarter of 2017. In Canada, CI Investments Inc. and First Asset Investment Management had combined gross sales of $4.35-billion and net sales of $43-million as flows strengthened considerably from gross sales of $3.3-billion and net redemptions of $2.82-billion in the fourth quarter of 2016. Grant Samuel Funds Management of Australia had retail net sales of $93-million, representing continued growth in this business. GSFM also experienced redemptions in certain low-margin institutional accounts, resulting in net redemptions of $424-million in its institutional business. CI is scheduled to report full results for the first quarter on May 11, 2017.

CI Financial is an independent, Canadian-owned wealth management company with approximately $160.5-billion in assets as of March 31, 2017.