Investors Group reports January 2006 mutual fund sales
Winnipeg – February 1, 2006: Investors Group today reported preliminary mutual fund sales and assets under management for the month ending January 31, 2006 as follows:
| Mutual Fund Sales - Month | January 2006 | January 2005 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 471.0 | 406.1 | 64.9 | 2.3 |
| Money Market | 72.1 | 48.9 | 23.2 | 10.8 |
| Total | 543.1 | 455.0 | 88.1 | 13.1 |
Mutual fund assets under management were $52.1-billion at January 31, 2006 compared to $50.7-billion at December 31, 2005
Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of over 3,600 Consultants located throughout Canada. In addition to an exclusive family of mutual funds and other investment vehicles, Investors Group offers a wide range of insurance, securities, mortgage and banking services. Investors Group is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada’s premier financial services companies with over $103 billion in total assets under management.
| For more information contact: | |
|---|---|
| Ron Arnst Media Relations (204) 956-3364 ron.arnst@investorsgroup.com |
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