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Investors Group reconsiders mutual fund changes to consider 2017 Federal Budget

Winnipeg, MB – March 24, 2017: Investors Group is not proceeding at this time with proposed product changes including fund mergers and strategy adjustments.

“Recently announced proposals will not proceed until we can review the implications of the 2017 Federal Budget,” said Todd Asman, Executive Vice-President, Products and Financial Planning.

The Federal Budget announcements include a provision to allow for mutual fund corporations to merge into separate unit trusts on a tax-deferred basis. Investors Group is reviewing the proposed product changes in light of the Budget announcement to ensure that the changes occur in a tax efficient manner.

Securityholder meetings

Securityholder meetings scheduled for May 18, 2017, at Investors Group’s head office in Winnipeg will also not proceed.

March 24, 2017

This is not a solicitation to purchase securities of these funds. Commissions, trailing commissions, management fees and expenses all may be associated with mutual funds investments. Please read the prospectus of the mutual funds before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. These funds are distributed across Canada by Investors Group Financial Services Inc., (in Quebec, a financial services firm) and Investors Group Securities Inc. (in Quebec, a firm in financial planning).

IGM Financial Inc. is one of Canada's premier personal financial services companies, and one of the country’s largest managers and distributors of mutual funds and other managed asset products, with over $139 billion in total assets under management. Its activities are carried out principally through Investors Group’s network of Consultants located across Canada, Mackenzie Financial Corporation’s network of third-party financial advisors and Investment Planning Counsel’s network of financial planners dedicated to serving the needs of their clients.

TMTrademarks, including Investors Group, are owned by IGM Financial Inc. and licensed to its subsidiary corporations.

For more information contact:
Ron Arnst
Investors Group
(204) 956-3364