Investors Group reports November 2005 mutual fund sales
Winnipeg – December 1, 2005: Investors Group today reported preliminary mutual fund sales and assets under management for the month ending November 30, 2005 as follows:
| Mutual Fund Sales - Month | November 2005 | November 2004 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 445.3 | 324.5 | 120.8 | 16.3 |
| Money Market | 79.0 | 61.3 | 17.7 | 21.8 |
| Total | 524.3 | 385.8 | 138.5 | 38.1 |
| Mutual Fund Sales - YTD | November 2005 | November 2004 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 4,211.3 | 3,707.6 | 503.7 | 104.0 |
| Money Market | 829.5 | 621.5 | 208.0 | 148.9 |
| Total | 5,040.8 | 4,329.1 | 711.7 | 252.9 |
Mutual fund assets under management were $49.5-billion at November 30, 2005 compared to $47.8-billion at October 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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