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CI Financial Q1 net income up 94% to $142.1 million, distributions unchanged
- J, S7 B: f1 [% t4 T iThu May 10, 12:54 PM
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: u1 v. V3 O6 M% ? U6 Q$ WCI 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%.( }7 a% }, {6 p. K5 \
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到五月九号,CI 管理下的资产达$70.3 billion.
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* A6 [! k8 L0 q+ ?: J2 N月分红不变还是一股18分。
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6 q @2 J0 z; V4 [' H: x* OTORONTO (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. 9 h: P. y* j& x' h6 D
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The 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 $73.1 million for the three months ended Feb. 28, 2006. 4 D8 n0 j/ O( k% i, \- i
2 C4 G! Q3 A/ n$ `, GCI 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 $56 billion at the end of February 2006. - C' F3 X& p. F3 y3 F+ n S
( d5 G2 X! G( | a9 l0 |2 i$ \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 s; _+ i! [. K5 {3 f( s+ YThese new assets included $3.7 billion in assets at KBSH Capital Management Inc. and Lakeview Asset Management Inc. and $9.8 billion of administered assets at Rockwater Capital Corp. 3 t/ H% J* n @5 L& F7 `
; g$ W4 o& B. G: k$ pMonthly distributions remain unchanged at 18 cents per unit. |
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