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Press Release

 

CI FINANCIAL REPORTS ASSETS UNDER MANAGEMENT

TORONTO (November 1, 2016) – CI Financial Corp. (“CI”) today reported assets under management at October 31, 2016 of $112.2 billion and total assets of $149.4 billion.  

Assets under management increased by $4.2 billion or 3.9% year over year and were down 0.3% in the month of October. Total assets gained $7.1 billion or 5.0% for the 12-month period and declined 0.2% in October.  

Average assets under management for the quarter-to-date were $112.2 billion, versus $112.3 billion for the third quarter of 2016. Average assets under management for the year-to-date were $109.8 billion, a gain of $1.4 billion or 1.3% from the average for fiscal year 2015. 

CI reported assets under advisement at Assante Wealth Management (Canada) Ltd. and Stonegate Private Counsel of $37.2 billion at October 31, 2016, an increase of $2.9 billion or 8.5% year over year. 

CI is scheduled to release its financial results for the third quarter of 2016 on November 3, 2016, on CNW Group and cifinancial.com.

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.

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