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

Executive Summary

• IGM Financial reported total assets under management and advisement (AUM&A) of $310.1 billion at December 31 2025, a 14.7% increase from the prior year.
• Consolidated net inflows for December 2025 were $310 million, reversing a $3 million outflow in December 2024.
• Record gross inflows of $1.6 billion and gross sales of $1.5 billion were achieved, marking the strongest December performance in company history.

Key Details

• Total AUM&A: $310.1 bn (Dec 31 2025) vs. $270.4 bn (Dec 31 2024).
• Net Inflows (December 2025): $310 million (up from a $3 million outflow in Dec 2024).
• Investment Fund Net Sales: $257 million (vs. $68 million in Dec 2024).

Segment Highlights

• IG Wealth Management
• Assets under advisement: $158.9 bn (down 0.2% month‑over‑month).
• Net inflows: $232 million (up from $188 million YoY).
• Investment fund net sales: $137 million (down from $149 million YoY).

• Record gross inflows: $1.6 bn; gross sales: $1.5 bn.

• Mackenzie Investments

• Assets under management: $244.0 bn (down 0.4% month‑over‑month).
• Net sales: $78 million (up from a redemption of $191 million YoY).
• Investment fund net sales: $120 million (up from redemptions of $81 million YoY).

Flow Tables (selected)

• Net Flows – December 2025
• Mutual fund net sales: $136.9 m
• ETF net creations: $292.7 m
• Investment fund net sales: $256.5 m
• Managed asset net sales: $214.8 m

• Other net flows: $94.7 m

• Gross Flows – December 2025

• Mutual fund gross sales: $2,490.0 m (combined)
• Dealer gross inflows: $1,623.5 m

Quarterly Averages (QTD 2025)

• Wealth Management – IG Wealth Management
• Assets under management average: $139.5 bn

• Assets under advisement average: $157.8 bn

• Asset Management – Mackenzie Investments

• Mutual funds: $65.9 bn
• ETFs: $11.6 bn
• Investment funds: $77.5 bn
• Institutional SMA: $14.6 bn

Glossary (key definitions retained for clarity)

• AUM&A: Consolidated assets under management and advisement across IG Wealth Management and Mackenzie Investments, excluding double‑counted client savings.
• AUA: Assets under advisement – primary driver of the wealth management segment.
• AUM: Assets under management – primary driver of the asset management segment.

Notable Quotes

(No direct quotes were provided in the release.)