Business & Finance
Business and Finance
Business and Finance
Mon, April 4, 2011
Sun, April 3, 2011
Sat, April 2, 2011
Fri, April 1, 2011 Mackenzie Investments reports total assets under management for March
TORONTO, April 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 March 31, 2011. Assets under management were $70.7 billion at March 31, 2011, as compared to $64.9 billion at March 31, 2010 and $68.3 billion at December 31, 2010.
| Total Assets Under Management (AUM) ($millions) | 2011 March | 2010 March | % Change |
| Mutual Funds: | |||
| Long-term mutual funds | $43,885 | $40,066 | 9.5% |
| Money market mutual funds | 939 | 1,263 | (25.7)% |
| Total Mutual Funds AUM | 44,824 | 41,329 | 8.5% |
| Institutional, sub-advised and other | 25,855 | 23,528 | 9.9% |
| Total Assets Under Management | $70,679 | $64,857 | 9.0% |
For additional information about Mackenzie Investments' average assets under management, please see the IGM Financial press release, which will be available on April 4, 2011.
Mackenzie Investments: Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $70.7 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 $134 billion in total assets under management.
