Investors Group reports December 2005 mutual fund sales
Winnipeg – January 3, 2006: Investors Group today reported preliminary mutual fund sales and assets under management for the month ending December 31, 2005 as follows:
| Mutual Fund Sales - Month | December 2005 | December 2004 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 355.3 | 330.4 | 24.9 | (51.8) |
| Money Market | 91.6 | 50.4 | 41.2 | 16.8 |
| Total | 446.9 | 380.8 | 66.1 | (35.0) |
| Mutual Fund Sales - YTD | December 2005 | December 2004 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 4,566.6 | 4,037.9 | 528.7 | 52.3 |
| Money Market | 921.0 | 671.9 | 249.1 | 165.6 |
| Total | 5,487.6 | 4,709.8 | 777.8 | 217.9 |
Mutual fund assets under management were $50.7-billion at December 31, 2005 compared to $49.5-billion at November 30, 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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