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Press release from CNW Group

CI Financial reports assets under management

Tuesday, October 04, 2011

CI Financial reports assets under management18:12 EDT Tuesday, October 04, 2011TSX Symbol: CIXTORONTO, Oct. 4, 2011 /CNW/ - CI Financial Corp. ("CI") today reported assets under management at September 30, 2011 of $67.4 billion and total assets of $88.5 billion.CI's assets under management are up 1.0% year over year and declined by 4.7% in the month of September 2011. In comparison, for the month, the S&P/TSX Composite Index declined 8.7%. CI's average assets under management for the year-to-date were $73.1 billion, up $7.4 billion or 11.3% from the average for fiscal 2010.CI also reported assets under administration at Assante Wealth Management (Canada) Ltd. of $21.0 billion.Additional information about CI's assets and financial position can be found below in the tables of preliminary statistics and on its website,, 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. (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 FINANCIAL CORP.September 30, 2011MONTH-END STATISTICSENDING ASSETS Sept. 30/11(millions)Aug. 31/11(millions)%ChangeSept. 30/10 (millions)%ChangeAssets under management$67,422$70,719-4.7%$66,7631.0%Assets under administration*21,04621,918-4.0%21,650-2.8%TOTAL$88,468$92,637-4.5%$88,4130.1%MONTHLY AVERAGEASSETS UNDER MANAGEMENTSept. 30/11 (millions)Aug. 31/11 (millions)% ChangeMonthly average$68,800$69,524-1.0%QUARTERLY AVERAGE ASSETS UNDER MANAGEMENTSept. 30/11 (millions)June 30/11 (millions)% ChangeQuarterly average$70,827$74,525-5.0%FISCAL AVERAGEASSETS UNDER MANAGEMENTFiscal 2011 (millions)Fiscal 2010 (millions)% ChangeFiscal year average$73,143$65,71911.3%EQUITYFINANCIAL POSITION(millions)        Total outstanding sharesQTD weighted avg. sharesYield at $20.74In-the-money optionsPercentage of all optionsAll options % of shares286,422,745287,664,3754.3%3,032,31947%2.2%Debt outstandingNet debt outstanding Terminal redemption value of funds   $850$692 $789  * Includes CI and United Financial funds administered by Assante advisors.ESTIMATED GEOGRAPHIC EXPOSURE OF AUMCanada51%Asia3%United States22%Other4%Europe9%Cash11%For further information: Stephen A. MacPhail President and Chief Executive Officer CI Financial (416) 364-1145