Investors Group

Investors Group

August 02, 2005 17:42 ET

Investors Group Reports July 2005 Mutual Fund Sales

WINNIPEG, MANITOBA--(CCNMatthews - Aug. 2, 2005) - Investors Group today reported preliminary mutual fund sales and mutual fund assets under management for the month ending July 31, 2005 as follows:



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Mutual Fund Sales July 2005 July 2004
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$ millions Sales Redemptions Net Sales Net Sales
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Long Term 313.8 308.0 5.8 (22.4)

Money Market 68.4 51.2 17.2 21.9
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Total 382.2 359.2 23.0 (0.5)
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Mutual Fund Sales-YTD July 2005 July 2004
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$ millions Sales Redemptions Net Sales Net Sales
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Long Term 2,753.7 2,396.4 357.3 87.1

Money Market 534.5 400.5 134.0 227.9
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Total 3,288.2 2,796.9 491.3 315.0
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Mutual fund assets under management were $48.3-billion at July 31, 2005 compared to $46.9-billion at June 30, 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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