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Mackenzie Investments reports total assets under management for February


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TORONTO, March 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 February 28, 2011. Assets under management were $70.3 billion at February 28, 2011, as compared to $63.3 billion at February 28, 2010 and $68.3 billion at December 31, 2010.

Total Assets Under Management
(AUM) ($millions)
   2011
February
2010
February
% Change
Mutual Funds:      
     Long-term mutual funds    $43,850     $38,874 12.8%
            Money market mutual funds   939   1,333   (29.6)%
Total Mutual Funds AUM      44,789      40,207 11.4%
Institutional, sub-advised and other       25,501      23,115 10.3%
Total Assets Under Management     $70,290    $63,322 11.0%

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

Mackenzie Investments: Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $70.3 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 over $133 billion in total assets under management.


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