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Press release from Marketwire

IGM Financial Inc. Announces April 2011 Total Assets Under Management

Monday, May 02, 2011

IGM Financial Inc. Announces April 2011 Total Assets Under Management19:32 EDT Monday, May 02, 2011WINNIPEG, MANITOBA--(Marketwire - May 2, 2011) - IGM Financial Inc. (IGM) (TSX:IGM) today reported total assets under management of $134.1-billion at April 30, 2011, compared with $134.1-billion at March 31, 2011 and $123.5-billion at April 30, 2010. Mutual fund assets under management were $111.6-billion as at April 30, 2011, compared with $111.7-billion at March 31, 2011 and $102.8-billion at April 30, 2010. Assets under management are shown in Table 1. Table 1 - Assets under ManagementApril 30, 2011March 31, 2011April 30, 2010% Change Last Month% Change YOY($ billions) (unaudited)Total Assets under Management 1$134.14$134.08$123.45-8.7Mutual Fund Assets under Management$111.61$111.70$102.87(0.1)8.5Investors GroupMutual Funds$63.72$64.05$59.09(0.5)7.8MackenzieMutual Funds$45.03$44.82$41.500.58.5Sub-advisory, institutional and other accounts$26.03$25.86$23.600.710.3Total$71.06$70.68$65.100.59.2CounselMutual Funds$2.86$2.83$2.281.125.4Preliminary average mutual fund assets under management and average total assets under management for the quarter to date are set out in Table 2.Table 2 - Average Assets under Management($ billions) (unaudited)April 2011Total Average Assets under Management 2,3$133.70Mutual Fund Average Assets under Management$111.25Investors GroupMutual Funds$63.65MackenzieMutual Funds$44.76Sub-advisory, institutional and other accounts$25.94Total$70.70CounselMutual Funds$2.841excludes assets managed by Mackenzie on behalf of Investors Group and Investment Planning Counsel. These assets have a value of $3.5-billion at April 30, 2011 ($3.5-billion at March 31, 2011 and $2.9-billion at April 30, 2010). 2excludes average assets of $3.5-billion managed by Mackenzie on behalf of Investors Group and Investment Planning Counsel.3based on daily average mutual fund assets and month-end average private, institutional, sub-advisory and other assets. IGM Financial Inc. is one of Canada's premier personal financial services companies, and one of the country's largest managers and distributors of mutual funds and other managed asset products, with over $134 billion in total assets under management. Its activities are carried out principally through Investors Group through a network of approximately 4,600 Consultants, Mackenzie Financial Corporation through a diversified network of third-party financial advisors and Investment Planning Counsel through a network of financial planners who are dedicated to serving the needs of their clients. IGM Financial Inc. is a member of the Power Financial Corporation group of companies. FOR FURTHER INFORMATION PLEASE CONTACT: Ron ArnstIGM Financial Inc.Media Relations(204) 956-3364ron.arnst@igmfinancial.com