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Investors Group Reports September 2006 Mutual Fund Sales

Winnipeg – October 2, 2006: Investors Group today reported preliminary mutual fund sales and assets under management for the month ending September 30, 2006 as follows:

Mutual Fund Sales - Month September 2006 September 2005
$ millions (unaudited) Sales Redemptions Net Sales Net Sales
Long Term 314.4 319.6 (5.2) 6.0
Money Market 74.7 54.3 20.4 9.6
Total 389.1 373.9 15.2 15.6
Mutual Fund Sales - YTD September 2006 September 2005
$ millions (unaudited) Sales Redemptions Net Sales Net Sales
Long Term 3,958.7 3,186.6 772.1 361.0
Money Market 733.8 496.0 237.8 162.8
Total 4,692.5 3,682.6 1,009.9 523.8

Mutual fund assets under management were $54.0-billion at September 30, 2006 compared to $53.8-billion at August 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