Investors Group Reports August 2008 Mutual Fund Assets Under Management and Sales

* Reuters is not responsible for the content in this press release.

Tue Sep 2, 2008 5:26pm EDT 

  WINNIPEG, MANITOBA, Sep 02 (MARKET WIRE) -- 
Investors Group today reported preliminary mutual fund assets under
management and sales for the month ending August 31, 2008 as follows:

    Mutual fund assets under management were $59.0-billion at August 31, 2008
compared to $60.6-billion at August 31, 2007.


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Mutual Fund Sales
 - Month                                      August 2008       August 2007
---------------------------------------------------------------------------
$ millions
 (unaudited)          Sales  Redemptions  Net New Money(i)  Net New Money(i)
---------------------------------------------------------------------------
Long Term             292.7        317.8            (25.1)             78.6
Money Market           91.0         68.9             22.1              40.7
                    -------------------------------------------------------
Total                 383.7        386.7             (3.0)            119.3
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---------------------------------------------------------------------------
Mutual Fund Sales
 - YTD                                        August 2008       August 2007
---------------------------------------------------------------------------
$ millions
 (unaudited)          Sales  Redemptions  Net New Money(i)  Net New Money(i)
---------------------------------------------------------------------------
Long Term           3,352.3      3,092.4            259.9           1,389.7
Money Market          923.7        635.2            288.5             300.4
                    -------------------------------------------------------
Total               4,276.0      3,727.6            548.4           1,690.1
---------------------------------------------------------------------------

(i) Net New Money is defined as Sales less Redemptions and is consistent 
    with the terminology used by The Investment Funds Institute of Canada
   (IFIC).


    Additional information about Investors Group mutual fund assets and
fund flows will be available on the Investment Funds Institute of Canada
(IFIC) web site (www.ific.ca) on approximately the 15th of each month as
part of a Canadian industry-wide release of monthly statistics.

    Investors Group, founded in 1926, is a national leader in delivering
personalized financial solutions to Canadians through a network of
approximately 4,400 Consultants located throughout Canada. In addition to
an exclusive family of mutual funds and other investment vehicles,
Investors Group offers a wide range of insurance, securities, mortgage
and other financial services. Investors Group is a member of the IGM
Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of
Canada's premier financial services companies with over $118 billion in
total assets under management.

Contacts:
Media Contact:
Investors Group
Ron Arnst
(204) 956-3364
Email: ron.arnst@investorsgroup.com

Copyright 2008, Market Wire, All rights reserved.

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