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Press release from Marketwire

IGM Financial Inc. Announces August 2011 Total Assets Under Management

Friday, September 02, 2011

IGM Financial Inc. Announces August 2011 Total Assets Under Management17:43 EDT Friday, September 02, 2011WINNIPEG, MANITOBA--(Marketwire - Sept. 2, 2011) - IGM Financial Inc. (IGM) (TSX:IGM) today reported total assets under management of $123.6-billion at August 31, 2011, compared with $128.1-billion at July 31, 2011 and $118.6-billion at August 31, 2010. Mutual fund assets under management were $103.3-billion as at August 31, 2011, compared with $106.7-billion at July 31, 2011 and $98.8-billion at August 31, 2010. Assets under management are shown in Table 1. %Table 1 - Assets under Management Change%($ billions) (unaudited) AugustJulyAugustLastChange201120112010Month YOYTotal Assets under Management 1$123.57$128.12$118.62(3.6)4.2Mutual Fund Assets under Management$103.33$106.73$98.81(3.2)4.6Investors GroupMutual Funds$59.38$60.87$56.92(2.4)4.3MackenzieMutual Funds$41.19$43.03$39.61(4.3)4.0Sub-advisory, institutional and other$23.77$25.00$22.75(4.9)4.5Total$64.96$68.03$62.36(4.5)4.2CounselMutual Funds$2.76$2.83$2.28(2.5)21.1Preliminary average mutual fund assets under management and average total assets under management for the quarter to date are set out in Table 2.Table 2 - Average Assets under Management($ billions) (unaudited)Quarter to DateTotal Average Assets under Management 2,3$126.21Mutual Fund Average Assets under Management$105.15Investors GroupMutual Funds$60.20MackenzieMutual Funds$42.13Sub-advisory, institutional and other$24.66Total$66.79CounselMutual Funds$2.821 excludes assets managed by Mackenzie on behalf of Investors Group and Investment Planning Counsel. These assets have a value of $3.5-billion at August 31, 2011 ($3.6-billion at July 31, 2011 and $3.0-billion at August 31, 2010).2 excludes average assets of $3.6-billion managed by Mackenzie on behalf of Investors Group and Investment Planning Counsel.3 based 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 $123 billion in total assets under management. Its activities are carried out principally through Investors Group through a network of over 4,500 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