CIX CompX International Inc

All financial amounts in Canadian dollars unless stated otherwise.

CI Financial Corp. (“CI”) (TSX: CIX) today reported preliminary total assets of $467.9 billion as at April 30, 2024, consisting of asset management assets of $126.8 billion, Canadian wealth management assets of $92.3 billion, Canadian custody assets of $27.7 billion, and U.S. wealth management assets of $221.2 billion.

CI FINANCIAL CORP. April 30, 2024 PRELIMINARY MONTH-END ASSETS (C$ Billions)

ENDING ASSETS

April 2024

March 2024

% Change

April 2023

% Change

Asset management (1)

$126.8

 

$130.1

 

-2.6%

 

$123.4

 

2.7%

 

Canada wealth management

$92.3

 

$93.7

 

-1.6%

 

$82.6

 

11.7%

 

Canada custody (2)

$27.7

 

$28.0

 

-1.1%

 

$8.9

 

211.4%

 

U.S. wealth management (3)

$221.2

 

$222.3

 

-0.5%

 

$188.9

 

17.1%

 

TOTAL ASSETS

$467.9

 

$474.2

 

-1.3 %

 

$399.7

 

15.9%

 

 

 

 

 

 

 

 

 

 

 

 

U.S. wealth management from above in USD (3)

$160.7

 

$164.1

 

-2.1%

 

$139.4

 

15.2%

 

ASSET MANAGEMENT – AVERAGE AUM

April 2024

March 2024

March 2024

Fiscal 2023

% Change

Monthly average

$128.1

 

$129.3

 

-

 

-

 

-0.9%

 

Quarter-to-date average

$128.1

 

-

 

$126.8

 

-

 

1.1%

 

Year-to-date average

$127.1

 

-

 

-

 

$122.1

 

4.1%

  1.

Includes $33.6 billion of assets managed by CI and held by clients of advisors with CI Assante Wealth Management, CI Private Counsel (CIPC) and Aligned Capital Partners as at April 30, 2024 ($34.4 billion at March 31, 2024 and $31.2 billion at April 30, 2023).

2.

Includes $24.2 billion of assets advised by CI and held by clients of advisors with Assante, CIPC, CI Direct Investing and Aligned Capital as at April 30, 2024 ($24.5 billion at March 31, 2024 and $5.2 billion at April 30, 2023). Prior to July 2023, custody assets were historically not included as part of reported assets for Canada wealth management or consolidated total assets.

3.

Month-end USD/CAD exchange rates of 1.3766, 1.3546 and 1.3548 for April 2024, March 2024 and April 2023, respectively.

About CI Financial

CI Financial Corp. is a diversified global asset and wealth management company operating primarily in Canada, the United States and Australia. Founded in 1965, CI has developed world-class portfolio management talent, extensive capabilities in all aspects of wealth planning, and a comprehensive product suite.

CI operates in three segments:

• Asset Management, which includes CI Global Asset Management, which operates in Canada, and GSFM, which operates in Australia.
• Canadian Wealth Management, which includes the operations of CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth, Northwood Family Office, Coriel Capital, CI Direct Investing and CI Investment Services.
• U.S. Wealth Management, which includes Corient Private Wealth, an integrated wealth management firm providing comprehensive solutions to ultra-high-net-worth and high-net-worth clients across the United States.

CI is headquartered in Toronto and listed on the Toronto Stock Exchange (TSX: CIX). To learn more, visit CI’s website or LinkedIn page.

CI Global Asset Management is a registered business name of CI Investments Inc., a wholly owned subsidiary of CI Financial Corp.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240521261388/en/

Investor Relations Jason Weyeneth, CFA Vice-President, Investor Relations & Strategy 416-681-8779 jweyeneth@ci.com

Media Relations Canada Murray Oxby Vice-President, Corporate Communications 416-681-3254 moxby@ci.com

United States Jimmy Moock Managing Partner, StreetCred 610-304-4570 jimmy@streetcredpr.com ci@streetcredpr.com