Investors Group reports April 2006 mutual fund sales
Winnipeg – May 1, 2006: Investors Group today reported preliminary mutual fund sales and assets under management for the month ending April 30, 2006 as follows:
| Mutual Fund Sales - Month | April 2006 | April 2005 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 371.3 | 368.9 | 2.4 | (52.4) |
| Money Market | 64.6 | 55.1 | 9.5 | 10.8 |
| Total | 435.9 | 424.0 | 11.9 | (41.6) |
| Mutual Fund Sales - YTD | April 2006 | April 2005 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 2,121.8 | 1,498.4 | 623.4 | 316.1 |
| Money Market | 309.5 | 202.9 | 106.6 | 70.7 |
| Total | 2,431.3 | 1,701.3 | 730.0 | 386.8 |
Mutual fund assets under management were $53.5-billion at April 30, 2006 compared to $53.8-billion at March 31, 2006.
Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of approximately 3800 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 $105 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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