Investors Group Reports September 2006 Mutual Fund Sales
Winnipeg – September 6, 2006:Investors Group today filed an amendment to the Simplified Prospectus dated June 30, 2006 of the Alto Monthly Income and Growth Portfolio and to the Alto Monthly Income and Enhanced Growth Portfolio (the “Portfolios”). The amendment covers changes in the disclosure found in the Part ‘B' sections of the simplified prospectus of these Portfolios, as detailed below.
Reported performance returns on the Portfolios, net asset values of units of the Portfolios and all other financial information relating to the Portfolios are not affected.
Alto Monthly Income and Growth Portfolio
The Alto Monthly Income and Growth Portfolio currently invests in Underlying Funds as follows:
| Income Funds (41%): | |
|---|---|
| Investors Mortgage and Short Term Income Fund (formerly known as Investors Mortgage Fund) | 16% |
| Investors Canadian High Yield Income Fund | 10% |
| Investors Real Return Bond Fund | 7% |
| IG Mackenzie Income Fund | 8% |
| Canadian Equity Funds (32%): | |
| Investors Dividend Fund | 17% |
| IG Mackenzie Maxxum Dividend Growth Fund | 15% |
| Investors Income Trust Fund (12%): | 12% |
| Investors Global Dividend Fund (5%): | 5% |
| Investors Real Property Fund (10%): | 10% |
| 100% | |
Alto Monthly Income and Enhanced Growth Portfolio
Each Series of units of the Alto Monthly Income and Enhanced Growth Portfolio pay service fees as follows:
- Series “A” and “TDSC” units pay an annual service fee of 0.207%
- Series “B” and “TNL” units pay an annual service fee of 0.3105%
- Series “C” and “TC” units pay an annual service fee of 0.345%. This fee is su bj ect to a rebate to eligible unitholders.
These fees are the same as those payable by the Portfolio since its launch in December 2004. These amendments are effective immediately, subject to regulatory approval.
Investors who purchased units of these Portfolios since July 6, 2006 and who received a copy of the simplified prospectus in conjunction with these purchases, will have an amended copy of the simplified prospectus for their Portfolio delivered to them.
Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of over 3,800 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.
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., (in Quebec , a financial services firm.)
| For more information contact: | |
|---|---|
| Ron Arnst Media Relations (204) 956-3364 ron.arnst@investorsgroup.com |
|
