CI Financial Income Fund today reported assets under management of $63.8 billion and total fee-earning assets of $83.4 billion at February 28, 2007. During February, CI recorded gross sales of $1.3 billion and net sales of $411 million.

“February was a solid month for sales and the results were in line with our expectations and with last year’s totals,” said Stephen MacPhail, president and COO. He noted that for the year-to-date, CI has posted gross sales of $2.4 billion and net sales of $605 million.

CI’s assets increased slightly month over month to reach record levels for month-end assets under management and fee-earning assets. On a year-over-year basis, assets under management increased 13.9% and fee-earning assets were up 13.2%.

CI Investments Inc. had gross sales of $1.1 billion and net sales of $357 million in February, comprised of $304 million in net sales of long-term funds and $53 million of money market funds. United Financial Corporation had gross sales of $201 million and net sales of $54 million.

CI’s assets under management at February 28, 2007 consisted of investment fund assets at CI Investments and United Financial of $62.8 billion and structured products/closed-end funds of $934 million. CI’s administered/other assets of $19.6 billion included institutional assets at Trilogy Global Advisors, LLC, which generate fees for CI, and $17.8 billion in assets under administration at Assante Wealth Management (Canada) Ltd. and IQON Financial Management Inc. (net of assets under management at United Financial), which generate fees for those companies.