Winnipeg, MB – January 13, 2006: Investors Group today launched Investors Global Dividend Fund to help Canadians meet their growing need for ongoing income. The Fund offers Canadians an opportunity to earn consistent, stable income along with the potential for some capital appreciation.
“Fixed income yields have been declining for many years,” says John Wiltshire, Senior Vice President, Products and Financial Planning. “Canadians need investment products that help grow their investment income.”
Investors Global Dividend Fund is designed to give Canadians the opportunity to diversify their source of investment income to “equity income” by investing in high quality companies around the world with a proven ability to grow their earnings.
“With fixed income yields at near record lows, Canadian investors are having difficulty meeting their growing income needs by relying solely on traditional fixed income returns,” says Wiltshire. “By diversifying their sources of investment income, Canadians can help reduce the risk of outliving their savings over the course of lengthy retirements.”
Like Investors Dividend Fund, Investors Global Dividend Fund is designed to produce above average income from equity investments while preserving capital and positioning investors for capital appreciation. By applying that same, proven approach on a global scale, the new Fund offers Canadian investors the opportunity to participate in the ownership of companies with more generous dividend yields in international markets.
“Canadian dividend-paying companies tend to have lower current dividend yields than companies in other parts of the world,” says Peter O'Reilly, Vice President and Portfolio Manager , I.G. International Management, Ltd. O'Reilly adds, “C ompanies that pay healthy dividends also tend to have less volatile stock prices.”
O'Reilly says the Fund's equity-to-fixed income mix is expected to be similar to that of Investors Dividend Fund over the long term, with about 70 to 80 per cent of the Fund investing in dividend-paying stocks. The fixed income portion is also expected to be invested similarly to Investors Dividend Fund, focusing primarily on debt instruments issued by Canada 's federal and provincial governments.
Investors Global Dividend Fund will be managed by our world class professionals at I.G. Investment Management, Ltd. In Winnipeg , I.G. International Management Limited in Dublin and I.G. Investment Management ( Hong Kong ) Ltd. in Hong Kong.
The new Fund is available to Canadian investors immediately.
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.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual funds investments. 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 across Canada by Investors Group Financial Services Inc., (a Financial Services firm in Quebec).
| 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 |
© Copyright 2012 Investors Group Inc.