Investors Group

Investors Group

April 03, 2006 18:27 ET

Investors Group Reports March 2006 Mutual Fund Sales

WINNIPEG, MANITOBA--(CCNMatthews - April 3, 2006) - Investors Group today reported preliminary mutual fund sales and assets under management for the month ending March 31, 2006 as follows:



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Mutual Fund Sales - Month March 2006 March 2005
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$ millions (unaudited) Sales Redemptions Net Sales Net Sales
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Long Term 569.1 375.5 193.6 92.1

Money Market 83.2 52.6 30.6 23.8
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Total 652.3 428.1 224.2 115.9
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Mutual Fund Sales - YTD March 2006 March 2005
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$ millions (unaudited) Sales Redemptions Net Sales Net Sales
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Long Term 1,750.6 1,129.5 621.1 368.5

Money Market 244.8 147.9 96.9 59.8
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Total 1,995.4 1,277.4 718.0 428.3
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Mutual fund assets under management were $53.8-billion at March 31, 2006 compared to $52.3-billion at February 28, 2006.

Investors Group, founded in 1928, is a national leader in delivering personalized financial solutions to Canadians through a network of over 3,600 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 $107 billion in total assets under management.

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