Mr. Stephen MacPhail reports

CI FINANCIAL REPORTS ASSETS UNDER MANAGEMENT

CI Financial Corp. had assets under management at March 31, 2015, of $109.1-billion and total assets of $140.7-billion. Both represented month-end records for CI. Assets under management grew by $12.7-billion or 13.2 per cent year over year and were up 0.1 per cent in the month of March. Total assets gained $16.0-billion or 12.8 per cent for the year and were up slightly in March. In comparison, the S&P/TSX Composite Index was up 6.9 per cent for the year and down 1.9 per cent in the month of March. Average assets under management for the first quarter were $106.5-billion, an increase of $5.4-billion or 5.4 per cent from the average for the fourth quarter of 2014 and an increase of $8.1-billion or 8.3 per cent from the average for fiscal 2014. CI also reported assets under administration at Assante Wealth Management (Canada) Ltd. of $31.5-billion at March 31, 2015, an increase of 11.8 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.

                 MARCH 31, 2015, PRELIMINARY MONTH-END STATISTICS                         
             
Ending assets                       March 31, 2015        Feb. 28, 2015       March 31, 2014
                                         (millions)           (millions)           (millions)

Assets under management                   $109,137             $108,977              $96,445
Assets under administration*                31,526               31,618               28,205
Total                                     $140,663             $140,595             $124,650

* Includes CI and United Financial funds administered by Assante advisers. 

               MONTHLY AVERAGE ASSETS UNDER MANAGEMENT

                                March 31, 2015       Feb. 28, 2015
                                     (millions)          (millions) 

Monthly average                       $108,723            $107,529        

                FISCAL QUARTER AVERAGE ASSETS UNDER MANAGEMENT

                                 Ended March 31, 2015        Ended Dec. 31, 2014
                                            (millions)                 (millions) 

Fiscal quarter average                       $106,531                   $101,120  

                FISCAL YEAR AVERAGE ASSETS UNDER MANAGEMENT

                              Ended March 31, 2015               Fiscal 2014 
                                         (millions)                (millions)

Fiscal year average                       $106,531                   $98,408        

                        EQUITY AND FINANCIAL POSITION

Equity                                             Financial position (millions)          

Total outstanding shares              280,597,610  Debt outstanding                   $312
QTD weighted avg. shares              281,740,107  Net debt outstanding               $208
Current yield                         3.6%         Terminal redemption value of funds $708  
Potential share dilution from options 877,753      
All options % of shares               2.7%                                             

  ESTIMATED GEOGRAPHIC EXPOSURE
   OF ASSETS UNDER MANAGEMENT

Canada           38%   Asia    4%   
United States    33%   Other   4%   
Europe           14%   Cash    7%