Investors Group Reports August 2005 Mutual Fund Sales
Winnipeg, MB – September 1, 2005: Investors Group today reported preliminary mutual fund sales and mutual fund assets under management for the month ending August 31, 2005 as follows:
| Mutual Fund Sales - Month | August 2005 | August 2004 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 342.1 | 344.4 | (2.3) | (44.5) |
| Money Market | 76.8 | 57.6 | 19.2 | 7.7 |
| Total | 418.9 | 402.0 | 16.9 | (36.8) |
| Mutual Fund Sales - YTD | August 2005 | August 2004 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 3,095.8 | 2,740.8 | 355.0 | 175.6 |
| Money Market | 611.3 | 458.1 | 153.2 | 102.6 |
| Total | 3,707.1 | 3,198.9 | 508.2 | 278.2 |
Mutual fund assets under management were $48.4-billion at August 31, 2005 compared to $48.3-billion at July 31, 2005
Investors Group is a national leader in delivering personalized financial solutions to close to 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.
| For more information contact: | |
|---|---|
| Ron Arnst Media Relations (204) 956-3364 ron.arnst@investorsgroup.com |
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