Mr. Nini Krishnappa reports

IGM FINANCIAL INC. ANNOUNCES MARCH 2024 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWS Canada NewsWire WINNIPEG, MB, April 3, 2024

IGM Financial Inc. had total assets under management and advisement of $252.2-billion at March 31, 2024, compared with $247.5-billion at Feb. 29, 2024, and $234.1-billion at March 31, 2023. Assets under management and advisement are shown in an attached table. Total consolidated net outflows were $240-million during March, 2024, as shown in an attached table.

March highlights

IGM Financial: Assets under management and advisement of $252.2-billion were up 1.9 per cent in the month. Total net outflows were $240-million, compared with net inflows of $102-million in March, 2023. Investment fund net redemptions were $159-million compared with net redemptions of $116-million in March, 2023.

IG Wealth Management: Assets under advisement of $128-billion were up 2.1 per cent in the month. Total net outflows were $46-million, compared with net outflows of $14-million in March, 2023.

Mackenzie: Assets under management of $203.7-billion were up 1.5 per cent in the month. Investment fund net redemptions were $26-million, compared with net sales of $94-million in March, 2023. Total net redemptions were $193-million, compared with net sales of $116-million in March, 2023.

About IGM Financial Inc.

IGM Financial is one of Canada's leading diversified wealth and asset management companies with approximately $252-billion in total assets under management and advisement. The company provides a broad range of financial planning and investment management services to help more than two million Canadians meet their financial goals. Its activities are carried out principally through IG Wealth Management and Mackenzie Investments. IGM Financial is a member of the Power Corp. group of companies.