CI Financial's assets under management reach all-time high of $97.3 billion

TORONTO, May 1, 2014 /CNW/ - CI Financial Corp. ("CI") today reported that its assets under management at April 30, 2014 were a record $97.3 billion.

CI's assets under management grew by $15.7 billion or 19.2% year over year and were up $901 million or 0.9% for the month of April, for the 10^th consecutive month of asset growth. Total assets were $125.8 billion at April 30, representing growth of $19.8 billion or 18.6% for the year and $1.2 billion or 0.9% in April.

CI's assets under management at April 30, 2014 were up $3.9 billion or 4.1% from the average for the first quarter of 2014 and up $14.0 billion or 16.8% from the average for fiscal 2013.

CI also reported assets under administration at Assante Wealth Management (Canada) Ltd. of $28.5 billion at April 30, 2014, an increase of 16.6% year over year.

CI is scheduled to release is financial results for the first quarter on Wednesday, May 7, 2014 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, 2014 PRELIMINARY MONTH-END STATISTICS
ENDING ASSETS	Apr. 30/14 (millions)	Mar. 31/14 (millions)	% Change	Apr. 30/13 (millions)	% Change
Assets under management	$97,346	$96,445	0.9%	$81,647	19.2%
Assets under administration*	28,458	28,205	0.9%	24,405	16.6%
TOTAL	$125,804	$124,650	0.9%	$106,052	18.6%

MONTHLY AVERAGE ASSETS UNDER MANAGEMENT	Apr. 30/14 (millions)	Mar. 31/14 (millions)	% Change
Monthly average	$96,613	$95,662	1.0%

FISCAL QUARTER AVERAGE ASSETS UNDER MANAGEMENT	Ending Apr. 30/14 (millions)	Ending Mar. 31/14 (millions)	% Change
Fiscal quarter average	$96,613	$93,488	3.3%

FISCAL YEAR AVERAGE ASSETS UNDER MANAGEMENT	Ending Apr. 30/14 (millions)	Fiscal 2013 (millions)	% Change
Fiscal year average	$94,270	$83,325	13.1%

EQUITY		FINANCIAL POSITION (millions)
Total outstanding shares QTD weighted avg. shares Current Yield Potential share dilution from options All options % of shares	284,526,538 284,526,538 3.2% 1,125,774 2.0%	Debt outstanding Net debt outstanding Terminal redemption value of funds	$500 $306 $761

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

ESTIMATED GEOGRAPHIC EXPOSURE OF AUM
Canada	43%	Asia	4%
United States	27%	Other	5%
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]