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CI Financial Q1 net income up 94% to $142.1 million, distributions unchanged
- h- G" Y/ t: e2 b" WThu May 10, 12:54 PM4 Z3 u# N' c/ n) ^9 l1 @) Q3 j3 C
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CI Financial 一季度净收入几乎翻翻达到$142.1million。 和去年同期比,这个共同基金公司资产增加了15%.+ f; O2 y& L' Q5 R: A
2 _5 r$ b( ~* i- s1 c$ t. E. u6 s到五月九号,CI 管理下的资产达$70.3 billion.* x6 k; _3 f6 J$ A4 l
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月分红不变还是一股18分。
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( V3 g6 }2 Y" H: L( o: yTORONTO (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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& d5 j H7 [; jThe 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. , Q* m7 k" A1 ^
`5 d; X! r( j, G8 M! _& RAssets under management rose to $64.5 billion as of March 31, up from $56 billion at the end of February 2006. ' x# F& Y8 u G
: G4 Y1 j5 H. R# s/ E+ W. }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. 4 K3 x1 S3 X ?8 w7 }
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.
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' u; v% p; e) Z/ T3 \6 I/ ]Monthly distributions remain unchanged at 18 cents per unit. |
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