IGM Financial Inc. Announces August 2017 Investment Fund Sales and Total Assets Under Management
(firmenpresse) - WINNIPEG, MANITOBA -- (Marketwired) -- 09/05/17 -- IGM Financial Inc. (IGM) (TSX: IGM) today reported preliminary total investment fund net new money in August of $168.5 million as shown in Table 1. Total assets under management were $147.3 billion at August 31, 2017, compared with $147.1 billion at July 31, 2017 and $139.8 billion at August 31, 2016. Investment fund assets under management were $141.9 billion at August 31, 2017, compared with $141.7 billion at July 31, 2017 and $133.1 billion at August 31, 2016. Assets under management are shown in Table 2.
(i)Mutual Fund Net New Money is defined as Gross Sales less Gross Redemptions and is consistent with the terminology used by The Investment Funds Institute of Canada (IFIC). Total Net New Money includes ETF net creations.
Preliminary average investment fund assets under management and average total assets under management for the quarter to date are set out in Table 3.
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 $147 billion in total assets under management. Its activities are carried out principally through Investors Group, Mackenzie Investments and Investment Planning Counsel.
A MEMBER OF THE POWER FINANCIAL CORPORATION GROUP OF COMPANIES.
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Media Relations:
Allan Hiebert
204-956-8535
Investor Relations:
Paul Hancock
204-956-8103
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Datum: 05.09.2017 - 14:11 Uhr
Sprache: Deutsch
News-ID 1519743
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