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CI Financial Q1 net income up 94% to $142.1 million, distributions unchanged
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! U/ N3 I5 k& o) K K) tCI 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%.1 \( O5 ^7 O& ^7 I% X
6 P6 g4 D& c2 \5 D: M( o4 o! Q到五月九号,CI 管理下的资产达$70.3 billion.
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月分红不变还是一股18分。5 t" N, o/ H* e6 G7 {# Z7 `0 b
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TORONTO (CP) - CI Financial Income Fund (TSX: CIX-UN.TO) nearly doubled its first-quarter net income to $142.1 million, as the mutual fund company increased its assets under management by 15 per cent over the comparable period of 2006.
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$ g7 A! p' t3 G- rThe 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 $73.1 million for the three months ended Feb. 28, 2006. & I% R$ Q$ N5 M* ^1 r" }
$ [# G( G6 s1 _9 {3 w7 h* iCI 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. 8 o8 z* `7 {6 L
, ~% ?5 A+ w6 sAs at May 9, 2007, CI's assets under management totalled $70.3 billion, up a further 10 per cent, due to three recent acquisitions. $ p/ f& ~; ]5 s) R
These new assets included $3.7 billion in assets at KBSH Capital Management Inc. and Lakeview Asset Management Inc. and $9.8 billion of administered assets at Rockwater Capital Corp. : F8 X4 T; \& x* }$ S
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Monthly distributions remain unchanged at 18 cents per unit. |
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