WINNIPEG, MANITOBA--(Marketwire - May 2, 2012) - IGM Financial Inc. (IGM) (TSX:IGM) today reported total assets under management of $122.3-billion at April 30, 2012, compared with $124.1-billion at March 31, 2012 and $134.1-billion at April 30, 2011. Mutual fund assets under management were $103.7-billion as at April 30, 2012, compared with $105.1-billion at March 31, 2012 and $111.6-billion at April 30, 2011. Assets under management are shown in Table 1.

Preliminary average mutual fund assets under management and average total assets under management for the quarter to date are set out in Table 2.

IGM Financial Inc. is one of Canada's premier personal financial services companies, and one of the country's largest managers and distributors of mutual funds and other managed asset products, with over $122 billion in total assets under management. Its activities are carried out principally through Investors Group through a network of approximately 4,500 Consultants, Mackenzie Financial Corporation through a diversified network of third-party financial advisors and Investment Planning Counsel through a network of financial planners who are dedicated to serving the needs of their clients. IGM Financial Inc. is a member of the Power Financial Corporation group of companies.

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