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CI Financial Q1 net income up 94% to $142.1 million, distributions unchanged
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' S G+ o9 p( V+ ~CI 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%.) t1 D% ^: }6 U
9 d7 `' ~! ]9 A8 ?到五月九号,CI 管理下的资产达$70.3 billion.9 N5 z5 @1 B/ z
/ g7 [9 Q0 _6 K( [; h+ Q月分红不变还是一股18分。4 n! f) p' ~3 i$ v% v# N, I
4 b; P" h5 d$ U D9 g$ 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.
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; F8 y* v& m& G& } a/ gThe 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.
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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.
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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.
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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. : A% J* h/ Y3 @/ ~, Q% _- u
These new assets included $3.7 billion in assets at KBSH Capital Management Inc. and Lakeview Asset Management Inc. and $9.8 billion of administered assets at Rockwater Capital Corp. , M" d% y( e* q; N. E8 }/ a
( N- M: H0 c2 d* a$ ?) x* D% f, O. wMonthly distributions remain unchanged at 18 cents per unit. |
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