Winnipeg – December 1, 2006: Investors Group today reported preliminary mutual fund sales and assets under management for the month ending November 30, 2006 as follows:
| Mutual Fund Sales - Month | November 2006 | November 2005 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 495.4 | 337.1 | 158.3 | 120.8 |
| Money Market | 86.5 | 50.3 | 36.2 | 17.7 |
| Total | 581.9 | 387.4 | 194.5 | 138.5 |
| Mutual Fund Sales - YTD | November 2006 | November 2005 | ||
|---|---|---|---|---|
| $ millions (unaudited) | Sales | Redemptions | Net Sales | Net Sales |
| Long Term | 4,807.7 | 3,863.1 | 944.6 | 503.8 |
| Money Market | 903.9 | 603.6 | 300.3 | 207.9 |
| Total | 5,711.6 | 4,466.7 | 1,244.9 | 711.7 |
* Net Sales is defined as Sales – Redemptions
Mutual fund assets under management were $57.2-billion at November 30, 2006 compared to $55.7-billion at October 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 $116 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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© Copyright 2012 Investors Group Inc.