Investors Group

Investors Group

November 01, 2005 16:43 ET

Investors Group Reports October 2005 Mutual Fund Sales

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



---------------------------------------------------------------------
Mutual Fund Sales - Month October 2005 October 2004
---------------------------------------------------------------------
$ millions Sales Redemptions Net Sales Net Sales
-----------------------------------------------

Long Term 329.4 307.4 22.0 (58.4)

Money Market 75.9 48.5 27.4 9.7
-----------------------------------------------

Total 405.3 355.9 49.4 (48.7)
---------------------------------------------------------------------


---------------------------------------------------------------------
Mutual Fund Sales - YTD October 2005 October 2004
---------------------------------------------------------------------
$ millions Sales Redemptions Net Sales Net Sales
-----------------------------------------------

Long Term 3,766.0 3,383.1 382.9 87.8

Money Market 750.4 560.1 190.3 127.1
-----------------------------------------------

Total 4,516.4 3,943.2 573.2 214.9
---------------------------------------------------------------------


Mutual fund assets under management were $47.8-billion at October 31, 2005 compared to $49.0-billion at September 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.

Contact Information