Investors Group

Investors Group

June 01, 2006 15:40 ET

Investors Group Reports May 2006 Mutual Fund Sales

WINNIPEG, MANITOBA--(CCNMatthews - June 1, 2006) - Investors Group today reported preliminary mutual fund sales and assets under management for the month ending May 31, 2006 as follows:



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Mutual Fund Sales - Month May 2006 May 2005
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$ millions (unaudited) Sales Redemptions Net Sales Net Sales
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Long Term 452.7 385.0 67.7 44.2

Money Market 93.9 68.3 25.6 35.9
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Total 546.6 453.3 93.3 80.1
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Mutual Fund Sales - YTD May 2006 May 2005
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$ millions (unaudited) Sales Redemptions Net Sales Net Sales
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Long Term 2,574.6 1,883.4 691.2 360.2

Money Market 403.3 271.2 132.1 106.7
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Total 2,977.9 2,154.6 823.3 466.9
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Mutual fund assets under management were $52.1-billion at May 31, 2006 compared to $53.5-billion at April 30, 2006.

Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of over 3700 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 $ 104 billion in total assets under management.

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