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Press release from Marketwire

IGM Financial Inc. Announces October 2012 Total Assets Under Management

Friday, November 02, 2012

IGM Financial Inc. Announces October 2012 Total Assets Under Management16:02 EDT Friday, November 02, 2012WINNIPEG, MANITOBA--(Marketwire - Nov. 2, 2012) - IGM Financial Inc. (IGM) (TSX:IGM) today reported preliminary total assets under management of $119.9-billion at October 31, 2012, compared with $119.3-billion at September 30, 2012 and $121.3-billion at October 31, 2011. Mutual fund assets under management were $102.9-billion as at October 31, 2012, compared with $102.2-billion at September 30, 2012 and $101.5-billion at October 31, 2011. Assets under management are shown in Table 1. Table 1 - Assets under Management 1 ($ billions) (unaudited)October 2012September 2012October 2011% Change Last Month% Change YOYTotal Assets under Management$119.92$119.28$121.270.5(1.1)Mutual Fund Assets under Management$102.85$102.22$101.530.61.3Investors GroupMutual Funds$59.95$59.59$58.530.62.4MackenzieMutual Funds$40.00$39.73$40.220.7(0.5)Sub-advisory, institutional and other$21.31$21.28$23.280.1(8.5)Total$61.31$61.01$63.500.5(3.4)CounselMutual Funds$2.92$2.91$2.780.35.0Preliminary average mutual fund assets under management and average total assets under management for the quarter to date are set out in Table 2.Table 2 - Average Assets under Management 2,3($ billions) (unaudited)Quarter to DateTotal Average Assets under Management$119.58Mutual Fund Average Assets under Management$102.51Investors GroupMutual Funds$59.76MackenzieMutual Funds$39.86Sub-advisory, institutional and other$21.30Total$61.16CounselMutual Funds$2.911 excludes assets managed by Mackenzie on behalf of Investors Group and Investment Planning Counsel. These assets have a value of $4.3-billion at October 31, 2012 ($4.2-billion at September 30, 2012 and $3.5-billion at October 31, 2011). 2 excludes average assets of $4.3-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 approximately $120 billion in total assets under management. Its activities are carried out principally through Investors Group through a network of more than 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: Contact Information: IGM Financial Inc.Ron ArnstMedia Relations(204) 956-3364ron.arnst@igmfinancial.com