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CI Financial Q1 net income up 94% to $142.1 million, distributions unchanged
7 N4 Q' N! J( F$ ?7 X# j1 v; MThu May 10, 12:54 PM
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4 M: F+ ^. w$ w# Z$ BCI 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%.; x% y; J4 i2 f
5 W9 r w/ V' n) G4 b; Z9 Q9 q到五月九号,CI 管理下的资产达$70.3 billion.
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月分红不变还是一股18分。* y0 I& J/ {" o( h0 K
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TORONTO (CP) - CI Financial Income Fund (TSX: CIX-UN.TO) nearly doubled its first-quarter net income to $142.1 million, as the mutual fund company increased its assets under management by 15 per cent over the comparable period of 2006. ( W9 A: U2 q1 t8 w; U# g/ Y$ k
0 @6 J3 E6 j+ @0 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.
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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 $70.3 billion, up a further 10 per cent, due to three recent acquisitions. 3 i( R$ x" x! @- ]+ w2 E
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. 3 O# _+ g- N& T. F. e% Q3 Q4 S' J/ P
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Monthly distributions remain unchanged at 18 cents per unit. |
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