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Enter Symbol
or Name
USA
CA



CI Financial Corp
Symbol CIX
Shares Issued 270,527,305
Close 2018-06-01 C$ 24.86
Market Cap C$ 6,725,308,802
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CI Financial has May 31 AUM of $139.3-billion

2018-06-01 17:16 ET - News Release

An anonymous director reports

CI FINANCIAL REPORTS ASSETS UNDER MANAGEMENT FOR MAY 2018

CI Financial Corp. had preliminary assets under management of $139.3-billion and total assets of $182.6-billion at May 31, 2018.

Assets under management grew by $16-billion, or 13 per cent, year over year and increased by 0.2 per cent in the month of May. Total assets gained were $18.5-billion, or 11.3 per cent, for the 12-month period and increased by 0.4 per cent in the month of May.

CI's average assets under management for the quarter to date were $139-billion, a decrease of 2 per cent from the first quarter of 2018. Average assets under management for the year to date were $140.7-billion, a gain of $14.4-billion, or 11.4 per cent, from the average for fiscal 2017.

CI reported assets under advisement at Assante Wealth Management (Canada) Ltd. and Stonegate Private Counsel of $43.3-billion at May 31, 2018, representing an increase of $2.5-billion, or 6.1 per cent, year over year.

CI will hold its annual general meeting of shareholders on June 18, 2018, in Toronto, Ont., at 2 p.m. ET. The meeting will be held at CI's office located at 15 York St. (on the second floor).

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

               MAY 31, 2018, PRELIMINARY MONTH-END STATISTICS 
                              (in billions)
                                         
Ending assets                May 31, 2018      April 30, 2018      May 31, 2017 

Assets under management            $139.3              $139.0            $123.3           
Assets under advisement             143.3                42.8              40.8                
Total                               182.6               181.8             164.1            

         MONTHLY AVERAGE ASSETS UNDER MANAGEMENT
                     (in billions)

                             May 31, 2018   April 30, 2018 

Monthly average                    $139.4           $138.5            

       FISCAL QUARTER AVERAGE ASSETS UNDER MANAGEMENT
                     (in billions)

                             May 31, 2018   March 31, 2018  
  
Fiscal quarter average             $139.0           $141.9              

        FISCAL YEAR AVERAGE ASSETS UNDER MANAGEMENT
                     (in billions)

                              Fiscal 2018      Fiscal 2017 
   
Fiscal year average                $140.7           $126.3             

CI Financial is an independent Canadian company offering global asset management and wealth management advisory services. Its primary operating businesses are CI Investments Inc., Sentry Investments Inc., Assante Wealth Management (Canada) Ltd., Stonegate Private Counsel, Grant Samuel Funds Management Pty. Ltd. of Australia, First Asset Investment Management Inc. and BBS Securities Inc.

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