Investors Group

Investors Group

December 01, 2006 16:19 ET

Investors Group Reports November 2006 Mutual Fund Sales

WINNIPEG, MANITOBA--(CCNMatthews - Dec. 1, 2006) - Investors Group today reported preliminary mutual fund sales and assets under management for the month ending November 30, 2006 as follows:



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Mutual Fund Sales - Month November 2006 November 2005
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$ millions (unaudited) Sales Redemptions Net Net
Sales (1) Sales (1)
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Long Term 495.4 337.1 158.3 120.8

Money Market 86.5 50.3 36.2 17.7
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Total 581.9 387.4 194.5 138.5
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Mutual Fund Sales - YTD November 2006 November 2005
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$ millions (unaudited) Sales Redemptions Net Net
Sales (1) Sales (1)
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Long Term 4,807.7 3,863.1 944.6 503.8

Money Market 903.9 603.6 300.3 207.9
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Total 5,711.6 4,466.7 1,244.9 711.7
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(1) Net Sales is defined as Sales - Redemptions


Mutual fund assets under management were $57.2 -billion at November 30, 2006 compared to $55.7 -billion at October 31, 2006.

Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of over 3800 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 $116 billion in total assets under management.

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