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Press release from CNW Group

CI Financial reports asset growth of 3.1% in January

Friday, February 01, 2013

CI Financial reports asset growth of 3.1% in January17:27 EST Friday, February 01, 2013  TSX Symbol: CIXTORONTO, Feb. 1, 2013 /CNW/ - CI Financial Corp. ("CI") today reported assets under management as of January 31, 2013 of $78.1 billion and total assets of $101.7 billion. This represents a new month-end record for CI's assets under management.CI's assets under management gained $2.4 billion or 3.1% in the month of January and rose $6.6 billion or 9.3% on a year-over-year basis. In comparison, the S&P/TSX Composite Total Return Index gained 2.3% in January and 5.0% over the 12-month period.Assets under management at January 31, 2013 of $78.1 billion represented an increase of $3.8 billion or 5.1% over the average assets under management for the fourth quarter of 2012 and an increase of $5.5 billion or 7.6% over the average for fiscal year 2012.CI also reported assets under administration at Assante Wealth Management (Canada) Ltd. of $23.6 billion at January 31, 2013, an increase of 6.6% year over year.CI will release its financial results for the year and quarter ended December 31, 2012 on Thursday, February 14, 2013 on CNW Group Ltd. and www.ci.financial.com.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.January 31, 2013PRELIMINARY MONTH-END STATISTICSENDING ASSETS Jan. 31/13(millions)Dec. 31/12(millions)% ChangeJan. 31/12 (millions)% ChangeAssets under management$78,100$75,7233.1%$71,4579.3%Assets under administration*23,63623,1991.9%22,1686.6%TOTAL$101,736$98,9222.8%$93,6258.7%MONTHLY AVERAGEASSETS UNDER MANAGEMENTJan. 31/13 (millions)Dec. 31/12 (millions)% ChangeMonthly average$77,236$75,1312.8%FISCAL QUARTER AVERAGE ASSETS UNDER MANAGEMENTEnding Jan. 31/13 (millions)Ending Dec. 31/12 (millions)% ChangeFiscal quarter average$77,236$74,3233.9%FISCAL YEAR AVERAGEASSETS UNDER MANAGEMENTFiscal 2013 (millions)Fiscal 2012 (millions)% ChangeFiscal year average$77,236$72,6066.4%EQUITYFINANCIAL POSITION (millions)   Total outstanding sharesQTD weighted avg. sharesCurrent yieldPotential share dilution from optionsAll options % of shares 283,192,638283,000,4043.6%1,185,6961.8% Debt outstandingNet debt outstanding Terminal redemption value of funds   $576$504 $779  * Includes CI and United Financial funds administered by Assante advisors.ESTIMATED GEOGRAPHIC EXPOSURE OF AUMCanada      49%Asia       4%United States      28%Other       5%Europe      10%Cash       4%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, and is on the Web at www.cifinancial.com. SOURCE: CI Financial Corp.For further information: Stephen A. MacPhail President and Chief Executive Officer CI Financial (416) 364-1145