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CI Financial Q1 net income up 94% to $142.1 million, distributions unchanged
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7 n- D/ G* M" T3 p- v. tCI Financial 一季度净收入几乎翻翻达到$142.1million。 和去年同期比,这个共同基金公司资产增加了15%.+ P* ` K3 @$ v0 \% Z
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到五月九号,CI 管理下的资产达$70.3 billion. q9 B `, H, e1 `) H4 l, Z+ q5 ]
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& {! T0 D' T$ x! OTORONTO (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. * L! H% X7 g. G- W) j9 i
6 K% j4 f! s) w- Y! {8 ]; tThe 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. r8 H2 _% _( a0 T
& t) X+ h# ~ W% Z8 c- S6 Z+ MCI 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.
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Assets under management rose to $64.5 billion as of March 31, up from $56 billion at the end of February 2006. , d" U1 `! U- ~: g$ y( o7 d% D
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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.
- R1 _, B4 P) \/ h! l) |& LThese 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. : m& \2 p/ }: @! x3 G
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Monthly distributions remain unchanged at 18 cents per unit. |
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