WINNIPEG, Sept. 23, 2011 /CNW/ - Investors Group announced today the
addition of three new equity mandates to its product offering. The new
mandates are Investors Core Canadian Equity Fund and Class, Investors
Core U.S. Equity Fund and Class, and IG Putnam U.S. Growth Fund and
Investors Core Canadian Equity Fund and Class and Investors Core U.S.
Equity Fund and Class are designed as primary holdings within a
portfolio and will reflect the broad Canadian and U.S. markets
respectively. IG Putnam U.S. Growth Fund and Class will primarily have
exposure to U.S. equities that have above-average growth prospects.
Subject to regulatory approval, these new mandates are expected to be
available in late November 2011.
"The two new Core equity mandates are unique in that the fund's assets
are allocated to components segmented by market capitalization - large,
mid, and small, each managed by an expert in that area. The allocation
to each component can also be altered to take advantage of the market
conditions at the time," said John Wiltshire, Senior Vice-President,
Product and Financial Planning at Investors Group. "In total, the Core
mandates plus the addition of the new Putnam mandate provide Canadians
a great opportunity to invest in some of the strongest equity offerings
in Canada and the United States while building a sound and well
As a result of the introduction of the three new equity funds, Investors
Group is also enhancing the make-up of some of its Allegro Portfolios™
and Alto Portfolios™ as well as Investors Growth and Growth Plus
Portfolios, and Investors Retirement Plus and Retirement Growth Plus
Portfolios. These changes are expected to take effect on or about
December 1, 2011, subject to regulatory approval.
Investors Group, founded in 1926, is a national leader in delivering
personalized financial solutions to Canadians through a network of over
4,500 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 other financial 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 as
of August 31, 2011 in total assets under management.
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).
SOURCE Investors Group Inc.
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