Investors Group reports March 2006 mutual fund sales
Winnipeg – April 3, 2006: Investors Group today reported preliminary mutual fund sales and assets under management for the month ending March 31, 2006 as follows:
| Mutual Fund Sales - Month | March 2006 | March 2005 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 569.1 | 375.5 | 193.6 | 92.1 |
| Money Market | 83.2 | 52.6 | 30.6 | 23.8 |
| Total | 652.3 | 428.1 | 224.2 | 115.9 |
| Mutual Fund Sales - YTD | March 2006 | March 2005 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 1,750.6 | 1,129.5 | 621.1 | 368.5 |
| Money Market | 244.8 | 147.9 | 96.9 | 59.8 |
| Total | 1,995.4 | 1,277.4 | 718.0 | 428.3 |
Mutual fund assets under management were $53.8-billion at March 31, 2006 compared to $52.3-billion at February 28, 2006.
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 $107 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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