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CI Financial Q1 net income up 94% to $142.1 million, distributions unchanged
4 c) I; n! j4 X+ d+ T: rThu May 10, 12:54 PM
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4 c! _4 a9 v) }8 e& _* j6 C* FCI Financial 一季度净收入几乎翻翻达到$142.1million。 和去年同期比,这个共同基金公司资产增加了15%.1 L6 H& B0 ~$ G, k+ n( Y' @
' X- ^: u' q" f4 @8 z4 k7 l到五月九号,CI 管理下的资产达$70.3 billion.8 e; H" h# m) H& r) S# q
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月分红不变还是一股18分。/ O# A- j5 _: y- i, ~3 F- @
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TORONTO (CP) - CI Financial Income Fund (TSX: CIX-UN.TO) nearly doubled its first-quarter net income to $142.1 million, as the mutual fund company increased its assets under management by 15 per cent over the comparable period of 2006.
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+ n5 r! \! ]% B9 ^: k' nThe net earnings for the three months ended March 31, 2007, amounted to 51 cents per unit. The comparable number for 2006 was 26 cents per unit or $73.1 million for the three months ended Feb. 28, 2006. / h. x/ v, W, \: C6 [% d0 P
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CI changed its year-end to Dec. 31 from May 31 when it converted to an income trust in June 2006. The year-earlier comparable for the first quarter is the three months ended Feb. 28, 2006. - c' x4 d; A4 Q$ X
5 l1 \/ M4 V* i8 p# \% u$ o hAssets under management rose to $64.5 billion as of March 31, up from $56 billion at the end of February 2006.
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As at May 9, 2007, CI's assets under management totalled $70.3 billion, up a further 10 per cent, due to three recent acquisitions. 5 a- f* g* R5 j. [3 @3 u
These new assets included $3.7 billion in assets at KBSH Capital Management Inc. and Lakeview Asset Management Inc. and $9.8 billion of administered assets at Rockwater Capital Corp.
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2 [( r5 E& [5 {. ]$ {Monthly distributions remain unchanged at 18 cents per unit. |
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