Investors Group reports February 2011 mutual fund assets under management
Winnipeg – March 1, 2011: Investors Group today reported preliminary mutual fund assets under management for the month ending February 28, 2011. Mutual fund assets under management were $64.1-billion at February 28, 2011 compared with $57.5-billion at February 28, 2010 and $61.8-billion at December 31, 2010.
|Total Assets Under Management($ millions)||February 2011||February 2010||% Change|
|Long-term mutual funds||62,926.4||56,145.7||12.1%|
|Money market mutual funds||1,142.4||1,373.2||-16.8%|
|Total Assets Under Management||64,068.8||57,518.9||11.4%|
For additional information about Investors Group’s average assets under management, please see the IGM Financial press release which will be available on March 2, 2011.
Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of approximately 4,600 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 other financial 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 $133 billion in total assets under management.