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Mutual Fund News

CI Mutual net redemptions total $26-million in May

CI Fund Management Inc.'s CI Mutual Funds Inc. had net redemptions of $26-million in May. CI Fund Management said its mutual and segregated fund assets rose 2.5 per cent to $28.6-billion in May. Over April, CI's mutual and segregated fund assets grew 5.7 per cent, or $1.5-billion, Toronto-based CI Fund Management said.

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