Investors Group reports September 2005 mutual fund sales
Winnipeg, MB – October 3, 2005: Investors Group today reported preliminary mutual fund sales and mutual fund assets under management for the month ending September 30, 2005 as follows:
| Mutual Fund Sales - Month | September 2005 | September 2004 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 340.9 | 334.9 | 6.0 | (29.5) |
| Money Market | 63.1 | 53.5 | 9.6 | 14.8 |
| Total | 404.0 | 388.4 | 15.6 | (14.7) |
| Mutual Fund Sales - YTD | September 2005 | September 2004 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 3,436.7 | 3,075.7 | 361.0 | 146.0 |
| Money Market | 674.4 | 511.6 | 162.8 | 117.8 |
| Total | 4,111.1 | 3,587.3 | 523.8 | 263.6 |
Mutual fund assets under management were $49.0-billion at September 30, 2005 compared to $48.4-billion at August 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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