Investors Group Announces Pricing and Product Enhancements

WINNIPEG, MANITOBA--(Marketwire - May 18, 2012) - Investors Group is announcing a number of changes in the pricing of its mutual funds and product enhancements designed to expand its services to clients.

Investors Group will reduce the management fees of many of its mutual funds when their prospectuses renew in early July, 2012. The reductions in management fees will range from .05 to .40% per annum of the asset value of the selected funds. These changes will impact approximately two-thirds of Investors Group's funds and over two-thirds of its managed assets. Lower management fees will attract lower GST/HST, resulting in greater reductions to Management Expense Ratios (MERs).

Additional investment solutions for clients with household account balances in excess of $500,000 will also be available in stages, beginning in July. These additions will provide Investors Group Consultants with a greater number of solutions to enhance client value and will contribute to the growth of assets under management at Investors Group.

The impact of the fee changes to the corporation is expected to be offset by improved future sales and asset growth opportunities. Coincident with the introduction of these changes, certain refinements to our Consultants' compensation will occur over the next year.

"These announcements today build on our strong client relationships with more competitive pricing and increased product flexibility," said Murray Taylor, President and Chief Executive Officer, Investors Group. "We anticipate improved levels of sales activity, stronger presence in the high net worth market, enhanced asset growth and stronger business expansion".

These changes are subject to regulatory and other approvals.

Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of approximately 4,500 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 $122 billion in total assets under management as of April 30, 2012.

FORWARD-LOOKING STATEMENTS: Certain statements in this Release are forward-looking statements based on certain assumptions and reflect Investors Group's current expectations. By its nature, this information is subject to inherent risks and uncertainties which may cause expectations to not be realized. Many of such risks and uncertainties are beyond Investors Group's control. The reader is cautioned to not place undue reliance on forward-looking statements. Other than as specifically required by law, Investors Group undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which such statements are made.

Media Note: A teleconference will be held Friday May 18, 2012 at 10:30 am (ET). Media and interested parties may listen to the call by dialing: 416-695-7806 or 888-789-9572. Please use passcode 2431951.