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IGM Financial Inc. (IGIFF.PK) Announces New Steps

|Includes: IGM Financial Inc. (IGIFF)

 IGM Financial Inc. (OTCPK:IGIFF) reported preliminary total mutual fund net new money in October of ($183.0).

Total assets under management were $124.7 billion at October 31, 2010, compared with $116.0 billion at October 31, 2009 and $120.5 billion at December 31, 2009.

Mutual fund assets under management were $104.0 billion as at October 31, 2010, compared with $96.6 billion at October 31, 2009 and $100.4 billion at December 31, 2009.

IGM Financial Inc. (OTCPK:IGIFF) is a Canada-based financial services company. The Company’s principal businesses include Investors Group Inc. and Mackenzie Financial Corporation. The Company operates under three segments: Investors Group, Mackenzie, and Corporate and Other. Investors Group provides a range of financial and investment planning services to Canadians through its network of consultants. During the year ended December 31, 2009, the investor group had 4,633 consultants. It also offers clients access to insurance, mortgages and other financial services. Mackenzie provides investment advice and related services through diversified investment solutions, distributed through the multiple distribution channels focused on independent financial advice. It distributes its investment products through third party financial advisors. Its subsidiaries include Power Financial Corporation (PFC) and Great-West Lifeco Inc. (Lifeco).

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