CI Financial reports asset growth of 1.8% in May

TSX Symbol: CIX 
TORONTO, June 3, 2013 /CNW/ - CI Financial Corp. ("CI") today reported assets 
under management as of May 31, 2013 of $83.0 billion, a month-end record for 
the company. Total assets were $107.7 billion. 
CI's assets under management grew $1.4 billion or 1.8% in the month of May, 
for the 12(th) consecutive month of asset growth, and gained $12.5 billion or 
17.7% year over year. In comparison, the S&P/TSX Composite Total Return Index 
gained 1.8% in May and 13.4% over the 12-month period. 
Assets under management of $83.0 billion at May 31 represented an increase of 
$4.2 billion or 5.3% over the average assets under management for the first 
quarter of 2013 and an increase of $10.4 billion or 14.3% over the average for 
fiscal year 2012. 
CI also reported assets under administration at Assante Wealth Management 
(Canada) Ltd. of $24.7 billion at May 31, 2013, an increase of 12.7% 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. 
 ______________________________________________________________
|                             CI FINANCIAL CORP.               |
|                                May 31, 2013                  |
|                      PRELIMINARY MONTH-END STATISTICS        |
|______________________________________________________________|
|ENDING ASSETS  |May 31/13 |Apr. 30/13|  %   |May 31/12 |  %   |
|               |(millions)|(millions)|Change|(millions)|Change|
|_______________|__________|__________|______|__________|______|
|Assets under   |   $83,009|   $81,567|  1.8%|   $70,532| 17.7%|
|management     |          |          |      |          |      |
|_______________|__________|__________|______|__________|______|
|Assets under   |    24,708|    24,318|  1.6%|    21,933| 12.7%|
|administration*|          |          |      |          |      |
|_______________|__________|__________|______|__________|______|
|TOTAL          |  $107,717|  $105,885|  1.7%|   $92,465| 16.5%|
|_______________|__________|__________|______|__________|______| 
 _____________________________________________________
|MONTHLY AVERAGE        |May 31/13 |Apr. 30/13 |  %   |
|ASSETS UNDER MANAGEMENT|(millions)|(millions) |Change|
|_______________________|__________|___________|______|
|Monthly average        |  $82,872 |   $80,294 | 3.2% |
|_______________________|__________|___________|______| 
 ___________________________________________________________________
|FISCAL QUARTER AVERAGE |Ending May 31/13 |Ending Mar. 31/13 |  %   |
|ASSETS UNDER MANAGEMENT|   (millions)    |    (millions)    |Change|
|_______________________|_________________|__________________|______|
|Fiscal quarter average |       $81,604   |        $78,810   | 3.5% |
|_______________________|_________________|__________________|______| 
 ____________________________________________________________
|FISCAL YEAR AVERAGE    |Ending May 31/13|Fiscal 2012 |  %   |
|ASSETS UNDER MANAGEMENT|   (millions)   | (millions) |Change|
|_______________________|________________|____________|______|
|Fiscal year average    |      $79,939   |   $72,606  |10.1% |
|_______________________|________________|____________|______| 
 ___________________________________________________________________
|EQUITY                              |FINANCIAL POSITION            |
|                                    |(millions)                    |
|____________________________________|______________________________|
|Total outstanding shares|283,586,945|Debt outstanding         |$554|
|QTD weighted avg. shares|283,405,609|Net debt outstanding     |$485|
|Current Yield           |       3.6%|                         |    |
|Potential share dilution|  1,348,823|Terminal redemption value|$772|
|from options            |       2.1%|of funds                 |    |
|All options % of shares |           |                         |    |
|                        |           |                         |    |
|________________________|___________|_________________________|____| 
* Includes CI and United Financial funds administered by Assante advisors. 
 _______________________________________
|  ESTIMATED GEOGRAPHIC EXPOSURE OF AUM |
|_______________________________________|
|Canada       |      45%|Asia |       4%|
|_____________|_________|_____|_________|
|United States|      29%|Other|       6%|
|_____________|_________|_____|_________|
|Europe       |      12%|Cash |       4%|
|_____________|_________|_____|_________| 
CI Financial Corp. (TSX: CIX) is an independent, Canadian-owned wealth 
management company. CI offers a broad range of investment products and 
services, including an industry-leading selection of investment funds, and is 
on the Web at www.cifinancial.com. 
Stephen A. MacPhail President and Chief Executive Officer CI Financial (416) 
364-1145 
SOURCE: CI Investments Inc. 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/June2013/03/c4625.html 
CO: CI Financial Corp.
ST: Ontario
NI: FIN FND  
-0- Jun/03/2013 18:54 GMT
 
 
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