CI Financial reports assets under management

TSX Symbol: CIX

TORONTO, May 1, 2015 /CNW/ - CI Financial Corp. ("CI") today reported assets under management at April 30, 2015 of $109.0 billion and total assets of $140.4 billion.

Assets under management grew by $11.7 billion or 12.0% year over year and were down slightly in the month of April. Total assets gained $14.7 billion or 11.7% for the year and were down 0.2% in April. In comparison, the S&P/TSX Composite Index was up 6.9% for the year and up 2.4% in the month of April.

Assets under management of $109.0 billion as of April 30, 2015 represented an increase of $2.5 billion or 2.3% over average assets under management for the first quarter and an increase of $10.6 billion or 10.8% over the average for fiscal 2014.

CI also reported assets under administration at Assante Wealth Management (Canada) Ltd. of $31.4 billion at April 30, 2015, an increase of 10.7% year over year.

CI is scheduled to release is financial results for the first quarter on Thursday, May 7, 2015 on CNW Group and www.cifinancial.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. April 30, 2015 PRELIMINARY MONTH-END STATISTICS
ENDING ASSETS	Apr. 30/15 (millions)	Mar. 31/15 (millions)	% Change	Apr. 30/14 (millions)	% Change
Assets under management	$109,009	$109,137	-0.1%	$97,346	12.0%
Assets under administration*	31,419	31,595	-0.6%	28,371	10.7%
TOTAL	$140,428	$140,732	-0.2%	$125,717	11.7%

MONTHLY AVERAGE ASSETS UNDER MANAGEMENT	Apr. 30/15 (millions)	Mar. 31/15  (millions)	% Change
Monthly average	$109,874	$108,723	1.1%

FISCAL QUARTER AVERAGE ASSETS UNDER MANAGEMENT	Ending Apr. 30/15 (millions)	Ending Mar. 31/15 (millions)	% Change
Fiscal quarter average	$109,874	$106,531	3.1%

FISCAL YEAR AVERAGE ASSETS UNDER MANAGEMENT	Ending Apr. 30/15  (millions)	Fiscal 2014 (millions)	% Change
Fiscal year average	$107,366	$98,408	9.1%

EQUITY		FINANCIAL POSITION (millions)
Total outstanding shares	280,587,429	Debt outstanding	$326
QTD weighted avg. shares	280,588,762	Net debt outstanding	$207
Current Yield	3.6%
Potential share dilution from options	884,468	Terminal redemption value of funds	$702
All options % of shares	2.7%

* Includes CI and United Financial funds administered by Assante advisors.

ESTIMATED GEOGRAPHIC EXPOSURE OF AUM
Canada	38%	Asia	4%
United States	33%	Other	4%
Europe	14%	Cash	7%

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 Investments Inc.

Stephen A. MacPhail, President and Chief Executive Officer, CI Financial Corp., [phone]