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Press release from Marketwire

IGM Financial Inc. Announces September 2011 Total Assets Under Management

Tuesday, October 04, 2011

IGM Financial Inc. Announces September 2011 Total Assets Under Management16:24 EDT Tuesday, October 04, 2011WINNIPEG, MANITOBA--(Marketwire - Oct. 4, 2011) - IGM Financial Inc. (IGM) (TSX:IGM) today reported total assets under management of $116.7-billion at September 30, 2011, compared with $123.6-billion at August 31, 2011 and $122.7-billion at September 30, 2010. Mutual fund assets under management were $97.7-billion as at September 30, 2011, compared with $103.3-billion at August 31, 2011 and $102.3-billion at September 30, 2010. Assets under management are shown in Table 1. Table 1 - Assets under ManagementSeptemberAugustSeptember% Change% Change($ billions) (unaudited)201120112010Last MonthYOYTotal Assets under Management 1$116.74$123.57$122.67(5.5)(4.8)Mutual Fund Assets under Management$97.70$103.33$102.33(5.4)(4.5)Investors GroupMutual Funds$56.50$59.38$58.84(4.9)(4.0)MackenzieMutual Funds$38.53$41.19$41.11(6.5)(6.3)Sub-advisory, institutional and other$22.39$23.77$23.42(5.8)(4.4)Total$60.92$64.96$64.53(6.2)(5.6)CounselMutual Funds$2.67$2.76$2.38(3.3)12.2Preliminary average mutual fund assets under management and average total assets under management for the quarter to date are set out in Table 2.Table 2 - Average Assets under Management($ billions) (unaudited)Quarter to DateTotal Average Assets under Management 2,3$124.03Mutual Fund Average Assets under Management$103.47Investors GroupMutual Funds$59.38MackenzieMutual Funds$41.33Sub-advisory, institutional and other$24.09Total$65.42CounselMutual Funds$2.761excludes assets managed by Mackenzie on behalf of Investors Group and Investment Planning Counsel. These assets have a value of $3.3-billion at September 30, 2011 ($3.5-billion at August 31, 2011 and $3.1-billion at September 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 $116 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