Investors Group’s new dividend growth funds available for sale
Winnipeg, MB – January 9, 2007: Investors Group has announced today that three new dividend growth funds, focused on helping Canadians address their growing need for income yield diversity and longer-term capital growth, received regulatory approval yesterday and are available for sale.
Investors Canadian Dividend Growth Fund, Investors U.S. Dividend Growth Fund, and Investors European Dividend Growth Fund, will invest primarily in companies that aim to provide income and long-term dividend growth in their respective markets. Investors Group’s internal money management team will provide day-to-day investment advisory services for these funds.
The new funds are equity products and the equity income generated from them will give clients the opportunity to diversify their source of yield, an important feature in today’s low-rate environment.
“Increases in life expectancy and anticipated length of retirement mean Canadians currently approaching retirement tend to be looking for investments that provide both income and growth opportunities,” said John Wiltshire, Senior Vice-President of Product and Financial Planning.
With these three new dividend growth funds, Investors Group increases the choice it offers investors for dividend funds which also includes Canada’s largest fund, Investors Dividend Fund, and the recently launched Investors Global Dividend Fund.
Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of approximately 3,900 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 $119 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: | |
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| Ron Arnst Media Relations (204) 956-3364 ron.arnst@investorsgroup.com |
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