TSX Symbol: CIX.UN
TORONTO, Dec. 17 /CNW/ - CI Financial Income Fund ("CI") today announced
a monthly distribution of $0.19 per trust unit of CI and exchangeable limited
partner unit of Canadian International LP was declared payable on each of
January 15 and February 15, 2008. These distributions reflect the growth in
CI's assets under management and current expectations for distributable cash.
This represents a yield of 8.1% on CI's closing unit price of $28.21 on
December 14, 2007.
The record dates for the January payment will be December 31, 2007 and
January 1, 2008, with $0.14 and $0.05 paid per unit, respectively. The two
record dates are intended to match distributions to CI's income for the period
from January 1, 2007 to December 31, 2007.
The record date for the February payment will be January 31, 2007.
CI Financial Income Fund (TSX: CIX.UN) 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.ci.com/cix.
For further information:
For further information: Douglas J. Jamieson, Senior Vice-President and
Chief Financial Officer, (416) 364-1145