Mr. Nini Krishnappa reports

IGM FINANCIAL INC. ANNOUNCES MARCH 2025 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWS

IGM Financial Inc. had total assets under management and advisement of $275.0-billion at March 31, 2025, up 9.1 per cent from $252.2-billion at March 31, 2024. Total consolidated net inflows were $3.3-billion during March, 2025.

March highlights

IGM Financial: assets under management and advisement were $275.0-billion compared with $278.2-billion in the prior month. Investment fund net sales were $0-million up from net redemptions of $159-million in March, 2024. Total net inflows were $3.3-billion up from net outflows of $240-million in March, 2024.

IG Wealth Management: Assets under advisement were $141.5-billion compared with $144.6-billion in the prior month. Investment fund net sales were $15-million up from net redemptions of $133-million in March, 2024. Total net inflows were $207-million up from net outflows of $47-million in March, 2024. Record-high March, 2025, gross inflows and gross sales of $1.3-billion were both up from $1.1-billion in March, 2024.

Mackenzie Investments: Assets under management were $218.6-billion compared with $220.2-billion in the prior month. Investment fund net redemptions were $15-million compared with net redemptions of $26-million in March, 2024. Total net sales were $3.1-billion (2) (3) up from net redemptions of $193-million in March, 2024.

About IGM Financial Inc.

IGM Financial is a leading Canadian diversified wealth and asset management organization with approximately $275-billion in total assets under management and advisement as of March 31, 2025. The company is committed to bettering the lives of Canadians by better planning and managing their money. To achieve this, IGM provides a broad range of financial planning and investment management services to help approximately two million Canadians meet their financial goals. IGM's activities are carried out principally through IG Wealth Management and Mackenzie Investments, and are complemented by strategic positions in wealth managers Rockefeller Capital Management and Wealthsimple and asset managers ChinaAMC and Northleaf Capital. These strengthen IGM's capabilities, reach and diversification. IGM is a member of the Power Corp. group of companies.