TSX Symbol: CIX
TORONTO, July 4, 2012 /CNW/ - CI Financial Corp. ("CI") today reported
assets under management of $71.6 billion and total assets of $93.7
billion as of June 30, 2012.
Assets under management increased 1.5% for the month of June, compared
to a gain of 1.1% for the S&P/TSX Composite Index. Average assets under
management for the year-to-date at June 30, 2012 were $71.8 billion,
compared to an average of $72.2 billion for the 2011 fiscal year.
CI also reported assets under administration at Assante Wealth
Management (Canada) Ltd. of $22.1 billion at June 30, 2012.
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.
June 30, 2012
PRELIMINARY MONTH-END STATISTICS
|
|
ENDING ASSETS
|
June 30/12
(millions)
|
May 31/12
(millions)
|
%
Change
|
June 30/11
(millions)
|
%
Change
|
|
Assets under management
|
$71,559
|
$70,532
|
1.5%
|
$74,283
|
-3.7%
|
|
Assets under administration*
|
22,113
|
21,933
|
0.8%
|
22,874
|
-3.3%
|
|
TOTAL
|
$93,672
|
$92,465
|
1.3%
|
$97,157
|
-3.6%
|
MONTHLY AVERAGE
ASSETS UNDER MANAGEMENT
|
June 30/12
(millions)
|
May 31/12
(millions)
|
%
Change
|
|
Monthly average
|
$70,566
|
$71,106
|
-0.8%
|
QUARTERLY AVERAGE ASSETS
UNDER MANAGEMENT
|
June 30/12
(millions)
|
Mar. 31/12
(millions)
|
%
Change
|
|
Quarterly average
|
$71,385
|
$72,262
|
-1.2%
|
FISCAL AVERAGE
ASSETS UNDER MANAGEMENT
|
Fiscal 2012
(millions)
|
Fiscal 2011
(millions)
|
%
Change
|
|
Fiscal year average
|
$71,824
|
$72,186
|
-0.5%
|
|
EQUITY
|
FINANCIAL POSITION
(millions)
|
|
|
Total outstanding shares
|
283,342,075
|
Debt outstanding
|
$750
|
|
QTD weighted avg. shares
|
283,561,121
|
Net debt outstanding
|
$633
|
|
Current Yield
|
4.3%
|
|
|
Potential share dilution
from options
|
545,960
|
Terminal redemption value of funds
|
$772
|
|
All options % of shares
|
2.4%
|
|
|
* Includes CI and United Financial funds administered by Assante
advisors.
|
ESTIMATED GEOGRAPHIC EXPOSURE OF AUM
|
|
Canada
|
51%
|
Asia
|
3%
|
|
United States
|
22%
|
Other
|
4%
|
|
Europe
|
9%
|
Cash
|
11%
|
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.
CI is on the Web at www.cifinancial.com.
