## 15. SEGMENTED INFORMATION 

CI has two reportable segments: Asset Management and Asset Administration. These segments reflect CI’s internal financial reporting and performance measurement. 

The Asset Management segment includes the operating results and financial position of CI Investments and CI Private Counsel LP, which derive their revenues principally from the fees earned on the management of several families of mutual and segregated funds. 

The Asset Administration segment includes the operating results and financial position of AWM and its subsidiaries, including Assante Capital Management Ltd. and Assante Financial Management Ltd. These companies derive their revenues principally from commissions and fees earned on the sale of mutual funds and other financial products, and ongoing service to clients. 

