Investors Group announces January 2005 mutual fund sales
Winnipeg, MB – February 1, 2005: Investors Group today announced mutual fund sales of $412.2-million, redemptions of $399.1-million and net sales of $13.1-million for the month of January 2005.
Gross sales, redemptions and net sales of long-term funds for the month of January 2005 were $348.8-million, $346.5-million and $2.3-million.
Gross sales were $391.9-million, redemptions were $372.7-million and net sales were $19.2-million in January 2004. Net sales of long-term funds were $15.8-million.
Mutual fund assets under management were $44.5-billion at January 31, 2005 unchanged from December 31, 2004.
Investors Group is a national leader in delivering personalized financial solutions to more than one million Canadians, through a network of over 3,400 Consultants located in 100 Financial Planning Centres. In addition to an exclusive family of mutual funds, managed asset and other investment vehicles, Investors Group offers a wide range of mortgage, insurance, brokerage and banking services. Investors Group is a member of the IGM Financial Inc. (TSX: IGI) group of companies
| For more information contact: | |
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| Ron Arnst Media Relations (204) 956-3364 ron.arnst@investorsgroup.com |
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