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. 

SOURCE Mackenzie Financial Corporation

For further information:

Trish Tervit
Environics Communications Inc.
416-969-2809
ttervit@environicspr.com


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