Investors Group adding new global equity mandate



    Expansion of global reach and long-term capital protection are key
    objectives

    WINNIPEG, April 24 /CNW/ - Investors Group is adding two funds with a
focus on global reach and long-term capital growth. IG Mackenzie Cundill
Global Value Fund and IG Mackenzie Cundill Global Value Class(*) will be based
on the proven track record of the portfolio management team at Mackenzie
Cundill Investment Management Ltd.
    "Exposure to foreign equities enhances the diversification opportunities
available to Canadian investors, said John Wiltshire, Senior Vice-President of
Product and Financial Planning for Investors Group. "With the addition of the
Global Value Fund, Investors Group clients will gain access to a well
regarded, world class portfolio management team at Cundill."
    The new funds head a list of several enhancements being announced today.

    Fund Mergers
    ------------
    Six funds will be merged with funds that have similar or identical
investment objectives and strategies. This is expected to facilitate more
efficient management of the funds, provide better investment diversification
opportunities and, in some instances, result in lower fees.

    
    -------------------------------------------------------------------------
    Merging Fund                                 Continuing Fund
    -------------------------------------------------------------------------
    IG AGF Asian Growth Fund    To merge into  Investors Pacific
                                                International Fund
    -------------------------------------------------------------------------
    IG AGF Asian Growth         To merge into  Investors Pacific
     Class(*)                                   International Class(*)
    -------------------------------------------------------------------------
    IG Mackenzie Select         To merge into  IG Mackenzie Maxxum Canadian
     Managers Canada Fund                       Equity Growth Fund
    -------------------------------------------------------------------------
    IG Mackenzie Select         To merge into  IG Mackenzie Maxxum Canadian
     Managers Canada Class(*)                   Equity Growth Class(*)
    -------------------------------------------------------------------------
    Mackenzie Universal U.S.    To merge into  IG Mackenzie Universal U.S.
     Growth Leaders Fund                        Growth Leaders Class(*)
     (IG Series Units Only)
    -------------------------------------------------------------------------
    Mackenzie Universal         To merge into  IG Mackenzie Universal Global
     Global Future Fund                         Future Class(*)
     (IG Series Units Only)
    -------------------------------------------------------------------------

    Unitholders of record (as of April 27, 2007) holding units of the funds
being merged will receive a Notice of Meeting, Proxy and Management
Information Circular dealing with the changes. Unitholder meetings are
scheduled for June 15, 2007.

    Portfolio Allocation Enhancements
    ---------------------------------
    In addition, a number of allocation enhancements are being made to some of
the Investors Group Alto(TM) and Allegro(TM) Portfolios to increase global
diversification opportunities and enhance their risk-return characteristics.
    Unitholders of record (as of April 27, 2007) will receive a Notice of
Meeting, Proxy and Management Information Circular to approve the proposed
changes and revisions to the fee structure of the Alto Conservative Portfolio,
Alto Monthly Income Portfolio and Allegro Conservative Portfolio. Unitholder
meetings are scheduled for June 15, 2007. Other Investors Group portfolio
enhancements include:

    -   The addition of Investors Pacific International Fund to the asset mix
        of both the Alto and Allegro Moderate Aggressive Portfolios;
    -   IG Mackenzie Universal U.S. Growth Leaders Class replacing Mackenzie
        Universal U.S. Growth Leaders Fund in the Alto Moderate, Alto
        Moderate Aggressive Canada Focus and Alto Aggressive portfolios and,
    -   IG Mackenzie Universal Emerging Markets Class replacing IG AGF Asian
        Growth Fund in the Allegro Aggressive Portfolio.

    "As the result of our ongoing monitoring of our portfolio products, we are
moderately increasing global equity exposure, with the ultimate goal of
helping preserve the purchasing power of our clients" Wiltshire said.
    Notices will be sent shortly to unitholders of the affected portfolios.
All enhancements are expected to be effective by mid-summer, subject to
regulatory and securityholder approvals where necessary.

    (*) These mutual funds are separate classes of shares issued by Investors
        Group Corporate Class Inc.
    

    Investors Group, founded in 1926, is a national leader in delivering
personalized financial solutions to Canadians through a network of
approximately 4,000 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 $123 billion in total assets under management.

    A preliminary simplified prospectus relating to the two new funds is
expected to be filed shortly with the Canadian securities commissions or
similar authorities. You cannot buy units of the new funds until the relevant
securities commissions or similar authorities issue receipts for the
simplified prospectus of those funds. This is not a solicitation to purchase
units of the new funds.

    Commissions, trailing commissions, management fees and expenses all may
be associated with mutual funds investments. Please read the prospectus before
investing. Mutual funds are not guaranteed, their values change frequently and
past performance may not be repeated. The Funds are distributed across Canada
by Investors Group Financial Services Inc., (in Quebec, a financial services
firm.)





For further information:

For further information: Media contact: Ron Arnst, Media Relations,
(204) 956-3364, ron.arnst@investorsgroup.com; Laura Vallis, Environics
Communications, (416) 969-2781, lvallis@environicspr.com

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