CI Financial reports assets under management

CI Financial reports assets under management

TORONTO (May 3, 2016) – CI Financial Corp. (“CI”) today reported assets under management at April 30, 2016 of $108.3 billion and total assets of $143.0 billion.

Assets under management declined 0.4% in April and 0.6% year over year. Total assets declined 0.2% for the month and increased 0.1% year over year. Meanwhile, the S&P/TSX Composite Index was up 3.7% in April and declined 5.5% over the 12-month period, while the S&P 500 declined 2.9% in April and gained 5.1% over 12 months (in Canadian dollars).

Average assets under management for the quarter-to-date were $108.6 billion, representing an increase of $1.3 billion or 1.2% from the average for the first quarter of 2016 and an increase of 0.2% from the average for fiscal year 2015.

CI reported assets under advisement at Assante Wealth Management (Canada) Ltd. and Stonegate Private Counsel of $34.6 billion at April 30, 2016, an increase of 2.5% year over year.

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