Public market insider buying at CI Financial (CIX)

Public market insider buying at CI Financial (T:CIX)

Darie Urbanky, a Senior Officer, acquired 10,000 Common Shares on a direct ownership basis at a price of $13.500 on March 18th, 2020. This represents a $135,000 investment into the company's shares and an account share holdings change of 30.4%.

CI Financial is in the Investment Management & Fund Operators Sub Industry Group under the Financials Sector.

CI Financial Corp (CI) is a Canada-based wealth management company. The Company, through CI Investments Inc. (CI Investments), is an independent investment fund companies. The principal business of CI is the management, marketing, distribution and administration of investment products for Canadian investors. It operates through two business segments: Asset Management and Asset Administration. It also provides financial advice, tax, retirement, estate and wealth planning services. CI also has asset management operations in Australia through its subsidiary, GSFM Pty Limited GSFM. CI's products are distributed primarily through brokers, independent financial planners and insurance advisors. The Asset Management segment focuses on the management of investment funds and other fee-earning investment products. The Asset Administration segment derives its revenue principally from fees and commissions from ongoing service and on the sale of investment funds and other financial products.