Investors Group Announces Investors Summa Fund Family(TM)

    New global and environmental mandates join Canada's largest SRI fund to
    form Investors Summa Fund Family

    WINNIPEG, Sept. 24 /CNW/ - Investors Group today announced its plans to
add two new fund mandates, Investors Summa Global SRI Fund(TM) and Investors
Summa Global Environmental Leaders Fund(TM), to its fund offering. The new
mandates will join Investors Group's existing socially responsible investing
(SRI) fund and class to form the Investors Summa Fund Family. Corporate   
Class(*) versions of each new mandate will also be introduced. The funds are
expected to be available for investment in November, subject to regulatory
approval. Preliminary Prospectuses for the new funds will be filed shortly.
    "These mandates will offer Canadians with heightened sensitivity to
social and environmental ideals the opportunity to include funds consistent
with their personal values in their portfolios," said John Wiltshire, Senior
Vice-President of Product and Financial Planning at Investors Group. "Socially
responsible investing is an investment philosophy that combines the
maximization of financial return with social good. The Investors Summa Fund
Family will adhere to a principle-driven SRI investment approach."
    The Investors Summa Fund Family takes an approach to investing that
offers investors the opportunity to invest in funds that have a high level of
sensitivity towards various social issues, including the environment. The
Investors Summa Fund Family will provide a choice in investment options that
range from the current Canadian focus of Investors Summa Fund(TM) (soon to be
renamed as the Investors Summa SRI Fund) and the new globally diverse
Investors Summa Global SRI Fund to a mandate that takes a more focused and
proactive approach on environmental issues (Investors Summa Global
Environmental Leaders Fund), each with their Corporate Class versions.
    All of the Summa fund mandates intend to use third party global SRI
screening services to assist our portfolio managers in evaluating the
suitability of companies for their inclusion in each Fund's investable
universe.
    "The introduction of these new mandates as part of the Investors Summa
Fund Family enhances Investors Group's long history of socially responsible
investing," Wiltshire said. "Investors Group was one of the first major
Canadian financial institutions to launch an SRI fund, the Investors Summa
Fund(TM) in 1987. Twenty years later, Investors Summa Fund is the biggest SRI
fund in the country."
    Investors Group also announced today that the name of Investors Summa
Fund will be changed to Investors Summa SRI Fund (with a corresponding change
to the name of the Corporate Class version of this mandate) to better align
itself with contemporary industry terminology and to better reflect its
socially responsible mandate.

    Investors Group, founded in 1926, is a national leader in delivering
personalized financial solutions to Canadians through a network of over 4,100
 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.

    Preliminary simplified prospectuses relating to the new fund mandates are
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.(*)Investors Summa Global SRI Class and Investors Summa
Global Environmental Leaders Class will be issued as separate classes of
Investors Group Corporate Class Inc.

    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, Investors Group,
(204) 956-3364, ron.arnst@investorsgroup.com; Teresa Pagnutti, Environics
Communications, (416) 969-2721, tpagnutti@environicspr.com