Investors Group announces Unitholder Meetings to Wind-up Global Series RSP Funds, iProfile Global Equity RSP Pool
Winnipeg, MB – July 29, 2005: Investors Group will convene meetings for unitholders of its Global Series RSP Funds and the iProfile Global Equity RSP Pool seeking approval for their wind up in the wake of the recent elimination of the foreign content limits.
Unitholders of the six Investors Global Series RSP-Funds and of the iProfile Global Equity RSP Pool will meet on Wednesday, September 21st, 2005 at 447 Portage Avenue in Winnipeg.
The Investors Global Series RSP Funds were created to allow investors to increase the exposure of their tax-deferred retirement plans to foreign markets by tracking the performance of other select Investors Group foreign equity funds, as follows:
| Global Series RSP Fund | Corresponding Foreign Equity Fund |
|---|---|
| Investors U.S. Large Cap Value RSP Fund | Investors U.S. Large Cap Value Fund |
| Investors Global Science & Technology RSP Fund | Investors Global Science & Technology Fund |
| Investors Global RSP Fund | Investors Global Fund |
| Investors European Equity RSP Fund | Investors European Equity Fund |
| Investors Japanese Equity RSP Fund | Investors Japanese Equity Fund |
| IG AGF U.S. Growth RSP Fund | IG AGF U.S. Growth Fund |
Upon unitholder approval, the Global Series RSP Funds are expected to be terminated on or before September 30, 2005. When each RSP Fund is terminated, its units will be cancelled and unitholders will receive units of the RSP Fund’s Corresponding Foreign Equity Fund equal in value to their investment in the RSP- Fund immediately prior to its termination.
Similarly, upon unitholder approval, the iProfile Global Equity RSP Pool is also expected to be terminated on or before September 30, 2005. The RSP Pool is part of Investors Group’s $500 million iProfile, Managed Asset Program for clients with high net worth. When the RSP Pool is terminated, its units will be cancelled and unitholders will receive units of the iProfile U.S. Equity Pool and iProfile International Equity Pool of equal value (in aggregate) to their investment in the RSP Pool immediately prior to its termination.
Unitholders of record holding units of the RSP Funds and RSP Pool as of August 2, 2005 will receive a Proxy and an Information Circular detailing the wind-up of their funds.
Investors Group is a national leader in delivering personalized financial solutions to more than one million Canadians, through a network of approximately 3,500 Consultants located in over 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: IGM) group of companies.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual funds investments and the use of an asset allocation services such as the iProfile Managed Asset Program. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The Funds are distributed by Investors Group Financial Services Inc., and in Quebec by Les Services Investors Limitee (a financial services firm.)
| For more information contact: | |
|---|---|
| Ron Arnst Media Relations (204) 956-3364 ron.arnst@investorsgroup.com |
Mike Van Soelen Environics Communications (416) 969-2717 mvansoelen@environicspr.com |
