Investors Group

Investors Group

September 01, 2005 16:52 ET

Investors Group Reports August 2005 Mutual Fund Sales

WINNIPEG, MANITOBA--(CCNMatthews - Sept. 1, 2005) - Investors Group today reported preliminary mutual fund sales and mutual fund assets under management for the month ending August 31, 2005 as follows:



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Mutual Fund Sales - Month August 2005 August 2004
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$ millions Sales Redemptions Net Sales Net Sales
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Long Term 342.1 344.4 (2.3) (44.5)

Money Market 76.8 57.6 19.2 7.7
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Total 418.9 402.0 16.9 (36.8)
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Mutual Fund Sales - YTD August 2005 August 2004
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$ millions Sales Redemptions Net Sales Net Sales
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Long Term 3,095.8 2,740.8 355.0 175.6

Money Market 611.3 458.1 153.2 102.6
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Total 3,707.1 3,198.9 508.2 278.2
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Mutual fund assets under management were $48.4-billion at August 31, 2005 compared to $48.3-billion at July 31, 2005.

Investors Group is a national leader in delivering personalized financial solutions to close to one million Canadians, through a network of approximately 3,500 Consultants located in over 100 Financial Planning Centres. In addition to an exclusive family of mutual funds, managed asset and other investment vehicles, Investors Group offers a wide range of mortgage, insurance, brokerage and banking services. Investors Group is a member of the IGM Financial Inc. (TSX:IGM) group of companies.

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