As of February 29, assets under management were $65 billion and total fee-earning assets were $98 billion.

For the month, CI subsidiaries CI Investments Inc. and United Financial Corporation had combined gross retail sales of $1.2 billion and net sales of $415 million in long-term funds and $98 million in money market funds.

“It was an excellent month, with net sales exceeding our expectations,” said Stephen MacPhail, CI president. “The investment climate has improved since January, though the outlook remains uncertain. CI has benefited from its strong and diverse product lineup, which generates consistent sales.”

CI’s best-selling products include Portfolio Series and Portfolio Select Series, two asset allocation programs offered by CI Investments, the SunWise Elite Plus Segregated Funds, and the Harbour Funds, a family of mutual funds led by portfolio managers Gerry Coleman and Stephen Jenkins. In addition, the Cambridge Funds with portfolio manager Alan Radlo have been very well received since their launch in January. The three funds had net sales of almost $50 million in February, bringing their total assets to $108 million at February 29.

CI’s assets under management at February 29, 2008 consisted of investment funds at CI Investments and United Financial of $61.5 billion, institutional assets at KBSH Capital Management Inc. of $2.9 billion and structured product assets of $536 million. CI also reported assets under administration of $32.1 billion, which consisted of $23.1 billion in assets under administration at Assante Wealth Management (Canada) Ltd. and $9.1 billion in assets under administration at Blackmont Capital Inc.