IGM Financial Inc.

Financial Institutions:Non-Bank Financials

Summary

IGM Financial Inc. is Canada’s largest non-bank mutual funds manufacturing and distribution company, with $100.4 billion in mutual funds assets under management at December 31, 2009, and an additional $20 billion in other AUM related to other investment management mandates. The key to IGM’s success is its diversified distribution model, which focuses on captive field force in the Investors Group Inc. division and independent financial advisors in the Mackenzie Financial Corporation division. A third division, Investment Planning Counsel (IPC), manages and administers more than $10 billion in mutual funds assets and houses more than 500 independent advisors. IGM Financial is owned 55.9% by Power Financial Corporation and 3.5% by The Great-West Life Assurance Company.