CI Mutual Funds Inc. had net sales of $19 million in January 2002.The Harbour Fund, Signature Dividend Fund and Signature Select Canadian Fund continued to lead CI’s sales in January.

Harbour Fund and Harbour Growth & Income Fund are managed by Gerald Coleman, who was named Fund Manager of the Year at the Canadian Mutual Fund Awards in December. Eric Bushell of CI’s Signature Funds group is manager of both the Signature Select Canadian Fund, which was selected Best Canadian Equity Fund, and the Signature
Dividend Fund, which was named Best Dividend Fund.

In other highlights, Landmark Global Opportunities Fund gained 1.3% in January, bringing its return since inception in August 2001 to 13.3%. The hedge fund is managed by Derek Webb of Webb Capital Management LLP, a CI subsidiary based in San Francisco.

BPI Global Asset Management LLP, a CI money management subsidiary based in Orlando, Florida, has received $1.1 billion in new institutional business expected to be funded later this month.