Investors Group

Investors Group

November 01, 2006 16:28 ET

Investors Group Reports October 2006 Mutual Fund Sales

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



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Mutual Fund Sales - Month October 2006 October 2005
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$ millions (unaudited) Sales Redemptions Net Sales Net Sales
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Long Term 353.7 339.4 14.3 22.0

Money Market 83.5 57.4 26.1 27.4
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Total 437.2 396.8 40.4 49.4
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Mutual Fund Sales - YTD October 2006 October 2005
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$ millions (unaudited) Sales Redemptions Net Sales Net Sales
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Long Term 4,312.3 3,526.0 786.3 383.0

Money Market 817.4 553.4 264.0 190.2
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Total 5,129.7 4,079.4 1,050.3 573.2
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Mutual fund assets under management were $55.7 -billion at October 31, 2006 compared to $54.0 -billion at September 30, 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 $113 billion in total assets under management.

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