CI Financial Income Fund today reported net sales of $2.1 billion for calendar year 2007 and growth in total fee-earning assets of 13% to $103.8 billion.

“CI has consistently ranked as one of the top-selling mutual fund companies over the past four years,” said Stephen MacPhail, CI president. “December was an excellent month with $248 million in net sales at CI Investments, and with several important product launches planned for 2008, including a new family of mutual funds and enhancements to the SunWise Elite Plus Segregated Funds, we expect our sales momentum to continue.”

During the year, CI’s assets under management grew $4.4 billion or 7.1% to $67.2 billion, and total fee-earning assets grew $12 billion or 13.1% to $103.8 billion.

CI maintained its ranking as one of the top-selling fund companies in Canada during the year with gross sales of $9.6 billion and net sales of $2.1 billion at CI Investments Inc. and gross sales of $1.8 billion and net sales of $73 million at United Financial Corporation. Combined, CI Investments and United Financial had gross sales of $11.4 billion and net sales of $2.1 billion. In December, CI Investments had gross sales of $775 million and net sales of $248 million, and United Financial recorded gross sales of $113 million and net redemptions of $11 million.

CI’s assets under management at December 31, 2007 consisted of investment fund assets at CI Investments and United Financial of $63.6 billion, institutional assets at KBSH Capital Management Inc. of $3 billion and structured product assets of $531 million. CI also reported assets under administration of $35 billion, which consisted primarily of $25.9 billion in assets under administration at Assante Wealth Management (Canada) Ltd. ($16.5 billion net of assets under management at United Financial), and assets under administration at Blackmont Capital Inc. of $9.1 billion.

Highlights at CI during the year included the purchase of Rockwater Capital Corporation in April 2007, through which CI acquired Blackmont, KBSH and Lakeview Asset Management.

CI expects to release its financial results for the fourth quarter and the year ending Dec. 31, 2007 on February 20.

Additional information about CI’s sales, assets and financial position can be found below in the tables of preliminary statistics and on its website in the Statistics section.