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Press release from Marketwire

IGM Financial Inc. Announces January 2012 Total Assets Under Management

Thursday, February 02, 2012

IGM Financial Inc. Announces January 2012 Total Assets Under Management18:30 EST Thursday, February 02, 2012WINNIPEG, MANITOBA--(Marketwire - Feb. 2, 2012) - IGM Financial Inc. (IGM) (TSX:IGM) today reported total assets under management of $122.0-billion at January 31, 2012, compared with $118.7-billion at December 31, 2011 and $130.9-billion at January 31, 2011. Mutual fund assets under management were $102.7-billion as at January 31, 2012, compared with $99.7-billion at December 31, 2011 and $109.2-billion at January 31, 2011. Assets under management are shown in Table 1. Table 1 - Assets under ManagementJanuaryDecemberJanuary% Change% Change($ billions) (unaudited)201220112011Last MonthYOYTotal Assets under Management 1$121.98$118.71$130.912.8(6.8)Mutual Fund Assets under Management$102.65$99.69$109.213.0(6.0)Investors GroupMutual Funds$59.33$57.74$62.602.8(5.2)MackenzieMutual Funds$40.43$39.14$43.883.3(7.9)Sub-advisory, institutional and other$22.98$22.51$25.062.1(8.3)Total$63.41$61.65$68.942.9(8.0)CounselMutual Funds$2.89$2.81$2.732.85.9Preliminary average mutual fund assets under management and average total assets under management for the quarter to date are set out in Table 2.Table 2 - Average Assets under Management($ billions) (unaudited)Quarter to DateTotal Average Assets under Management 2,3$120.91Mutual Fund Average Assets under Management$101.73Investors GroupMutual Funds$58.81MackenzieMutual Funds$40.06Sub-advisory, institutional and other$22.74Total$62.80CounselMutual Funds$2.861excludes assets managed by Mackenzie on behalf of Investors Group and Investment Planning Counsel. These assets have a value of $3.7-billion at January 31, 2012 ($3.5-billion at December 31, 2011 and $3.4-billion at January 31, 2011). 2excludes average assets of $3.6-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 approximately $122 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 companiesFOR FURTHER INFORMATION PLEASE CONTACT: Ron ArnstIGM Financial Inc.Media Relations(204) 956-3364ron.arnst@igmfinancial.com