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Investors Group reports August 2006 mutual fund sales

Winnipeg – September 1, 2006: Investors Group today reported preliminary mutual fund sales and assets under management for the month ending August 31, 2006 as follows:

Mutual Fund Sales - Month August 2006 August 2005
$ millions (unaudited) Sales Redemptions Net Sales Net Sales
Long Term 345.6 334.2 11.4 (2.3)
Money Market 87.7 55.5 32.2 19.2
Total 433.3 389.7 43.6 16.9
Mutual Fund Sales - YTD August 2006 August 2005
$ millions (unaudited) Sales Redemptions Net Sales Net Sales
Long Term 3,644.3 2,867.0 777.3 355.0
Money Market 659.1 441.6 217.5 153.2
Total 4,303.4 3,308.6 994.8 508.2

Mutual fund assets under management were $53.8-billion at August 31, 2006 compared to $52.8-billion at July 31, 2006.

Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of over 3800 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 banking 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 $107 billion in total assets under management.

For more information contact:
Ron Arnst
Media Relations
(204) 956-3364
ron.arnst@investorsgroup.com