Investors Group Reports September 2006 Mutual Fund Sales
Winnipeg – October 2, 2006: Investors Group today reported preliminary mutual fund sales and assets under management for the month ending September 30, 2006 as follows:
| Mutual Fund Sales - Month | September 2006 | September 2005 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 314.4 | 319.6 | (5.2) | 6.0 |
| Money Market | 74.7 | 54.3 | 20.4 | 9.6 |
| Total | 389.1 | 373.9 | 15.2 | 15.6 |
| Mutual Fund Sales - YTD | September 2006 | September 2005 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 3,958.7 | 3,186.6 | 772.1 | 361.0 |
| Money Market | 733.8 | 496.0 | 237.8 | 162.8 |
| Total | 4,692.5 | 3,682.6 | 1,009.9 | 523.8 |
Mutual fund assets under management were $54.0-billion at September 30, 2006 compared to $53.8-billion at August 31, 2006.
Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of over 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 $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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