Investors Group

Investors Group

August 01, 2006 16:07 ET

Investors Group Reports July 2006 Mutual Fund Sales

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



---------------------------------------------------------------------
Mutual Fund Sales - Month July 2006 July 2005
---------------------------------------------------------------------
$ millions (unaudited) Sales Redemptions Net Sales Net Sales
---------------------------------------------------------------------

Long Term 340.3 301.6 38.7 5.8

Money Market 81.6 52.0 29.6 17.2
--------------------------------------------

Total 421.9 353.6 68.3 23.0
---------------------------------------------------------------------

---------------------------------------------------------------------
Mutual Fund Sales - YTD July 2006 July 2005
---------------------------------------------------------------------
$ millions (unaudited) Sales Redemptions Net Sales Net Sales
---------------------------------------------------------------------

Long Term 3,298.6 2,532.8 765.8 357.3

Money Market 571.4 386.1 185.3 134.0
---------------------------------------------

Total 3,870.0 2,918.9 951.1 491.3
---------------------------------------------------------------------


Mutual fund assets under management were $52.8-billion at July 31, 2006 compared to $51.8-billion at June 30, 2006.

Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of approximately 3,800 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 $105 billion in total assets under management.

Contact Information