Press release from CNW Group
Mackenzie Investments reports total assets under management for March
Friday, April 01, 2011
Mackenzie Investments reports total assets under management for March18:04 EDT Friday, April 01, 2011TORONTO, April 1 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments), part of IGM Financial Inc. (TSX: IGM), today announced preliminary total assets under management for the month ending March 31, 2011. Assets under management were $70.7 billion at March 31, 2011, as compared to $64.9 billion at March 31, 2010 and $68.3 billion at December 31, 2010.Total Assets Under Management (AUM) ($millions)2011March2010March% ChangeMutual Funds: Long-term mutual funds $43,885 $40,0669.5% Money market mutual funds 939 1,263 (25.7)%Total Mutual Funds AUM 44,824 41,3298.5%Institutional, sub-advised and other 25,855 23,5289.9%Total Assets Under Management $70,679 $64,8579.0%For additional information about Mackenzie Investments' average assets under management, please see the IGM Financial press release, which will be available on April 4, 2011.Mackenzie Investments: Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $70.7 billion in assets under management, Mackenzie Investments distributes its services through a diversified network of third-party financial advisors. Mackenzie Investments 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 $134 billion in total assets under management. For further information: Trish Tervit Environics Communications Inc. 416-969-2809 ttervit@environicspr.com
