CI Financial reports assets under management

TSX Symbol: CIX

TORONTO, Sept. 2, 2015 /CNW/ - CI Financial Corp. ("CI") today reported assets under management at August 31, 2015 of $107.4 billion and total assets of $140.9 billion.

Assets under management grew by $5.2 billion or 5.1% year over year but declined by $3.7 billion or 3.3% in the month of August, reflecting recent volatility in global equity markets. Total assets gained $7.0 billion or 5.3% for the 12-month period but declined $4.9 billion or 3.3% in August. In comparison, the S&P/TSX Composite Index declined 8.7% over the 12-month period and fell 4.0% in the month of August.

Average assets under management for the quarter-to-date as of August 31, 2015 were $109.7 billion, a decrease of 0.1% over the average for the second quarter. Average assets under management for the year-to-date were $108.5 billion, an increase of $10.1 billion or 10.3% over the average for fiscal 2014.

CI also reported assets under advisement at Assante Wealth Management (Canada) Ltd. and Stonegate Private Counsel of $33.5 billion at August 31, 2015, an increase of 5.8% year over year.

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. August 31, 2015 PRELIMINARY MONTH-END STATISTICS
ENDING ASSETS	Aug. 31/15 (millions)	July 31/15 (millions)	% Change	Aug. 31/14 (millions)	% Change
Assets under management	$107,368	$111,033	-3.3%	$102,182	5.1%
Assets under advisement*	33,520	34,714	-3.4%	31,675	5.8%
TOTAL	$140,888	$145,747	-3.3%	$133,857	5.3%

MONTHLY AVERAGE ASSETS UNDER MANAGEMENT	Aug. 31/15  (millions)	July 31/15  (millions)	% Change
Monthly average	$109,144	$110,159	-0.9%
FISCAL QUARTER AVERAGE ASSETS UNDER MANAGEMENT	Ending Aug. 31/15 (millions)	Ending June 30/15 (millions)	% Change
Fiscal quarter average	$109,651	$109,750	-0.1%
FISCAL YEAR AVERAGE ASSETS UNDER MANAGEMENT	Ending Aug. 31/15  (millions)	Fiscal 2014 (millions)	% Change
Fiscal year average	$108,533	$98,408	10.3%

EQUITY		FINANCIAL POSITION (millions)
Total outstanding shares	277,298,417	Debt outstanding	$410
QTD weighted avg. shares	278,313,401	Net debt outstanding	$298
Current Yield	4.2%
Potential share dilution from options	488,420	Terminal redemption value of funds	$678
All options % of shares	2.7%

* Includes assets managed by CI and held by clients of advisors with Assante and Stonegate Private Counsel.

ESTIMATED GEOGRAPHIC EXPOSURE OF AUM
Canada	37%	Asia	4%
United States	32%	Other	4%
Europe	15%	Cash	8%

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.

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