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CI Financial Q1 net income up 94% to $142.1 million, distributions unchanged
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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%.
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到五月九号,CI 管理下的资产达$70.3 billion.# B1 S6 @ x* m8 c
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月分红不变还是一股18分。7 f# v, m( M2 z; ]; U' Q6 l7 a
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TORONTO (CP) - CI Financial Income Fund (TSX: CIX-UN.TO) nearly doubled its first-quarter net income to $142.1 million, as the mutual fund company increased its assets under management by 15 per cent over the comparable period of 2006. / K$ _" Y6 {& y$ `
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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 $73.1 million for the three months ended Feb. 28, 2006. & ^ C& M# e$ t+ [
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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. 9 Z& N$ g' O# } H/ N2 K0 R, P% ?2 z
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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.
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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. + w- U7 l+ S. j2 R' w0 k' h+ Z5 ]
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. & P+ K \# w; ^0 C, j4 o* U
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