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Mackenzie Investments reports total assets under management for January

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TORONTO, Feb. 1 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments), part of IGM Financial Inc. (TSX: IGM), today announced preliminary total assets under management for the month ending January 31, 2011. Assets under management were $68.9 billion at January 31, 2011, as compared to $62.5 billion at January 31, 2010 and $68.3 billion at December 31, 2010.

Total Assets Under Management
(AUM) $millions) 		2011
January
 2010
January
 % Change
Mutual Funds:      
            Long-term mutual funds       $42,908     $38,272 12.1%
            Money market mutual funds 974   1,437          (32.2)%
Total Mutual Funds AUM         43,882      39,709 10.5%
Institutional, sub-advised and other         25,060      22,830    9.8%
Total Assets Under Management       $68,942    $62,539 10.2%

For additional information about Mackenzie Investments' average assets under management, please see the IGM Financial press release, which will be available on February 2, 2011.

Mackenzie Investments: Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $68.9 billion in assets under management, Mackenzie Investments distributes its services through a diversified network of third-party financial advisors. Mackenzie Investments 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 $131 billion in total assets under management.