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

Executive Summary

• IGM Financial reported record‑high total assets under management and advisement (AUM&A) of $311.1 billion as of November 30, 2025, a 13.8% increase year‑over‑year.
• Consolidated net inflows for November 2025 were $753 million, driven primarily by strong mutual fund and ETF sales.
• Both core segments posted notable growth: IG Wealth Management’s assets under advisement rose to $159.3 billion, while Mackenzie Investments’ AUM reached $246.4 billion.

Key Details

• Total AUM&A: $311.1 bn (up 13.8% YoY; up 1.3% MoM).
• Net Inflows – November 2025: $753 mn (vs. $50 mn in Nov 2024).
• IG Wealth Management
• Assets under advisement: $159.3 bn (up 0.8% MoM).
• Net inflows: $186 mn (down from $221 mn YoY).
• Investment fund net sales: $31 mn (vs. $58 mn YoY).
• Gross sales: $1.4 bn; total inflows: $1.6 bn – strongest November on record.
• Mackenzie Investments
• Assets under management: $246.4 bn (up 1.5% MoM).
• Net sales: $567 mn (vs. redemptions of $171 mn YoY).
• Investment fund net sales: $688 mn (vs. redemptions of $155 mn YoY).
• Net Flow Breakdown (November 2025)
• Mutual fund net sales: $31.1 mn (IGWM) / $(191.2) mn (Mackenzie).
• ETF net creations: $910.5 mn (both segments).
• Institutional SMA net sales: $(121.3) mn (Mackenzie).
• Managed asset net sales: $31.1 mn (IGWM) / $566.9 mn (Mackenzie).
• Other net flows: $155.0 mn (both segments).
• Gross Flow Summary
• Mutual fund gross sales: $2,282.9 mn total.
• Dealer gross inflows: $1,601.7 mn total.
• Quarter‑to‑Date Averages (2025)
• IG Wealth Management AUM: $139.2 bn; AUA: $157.4 bn.
• Mackenzie Investments – Mutual funds: $65.95 bn; ETFs: $11.21 bn; Investment funds: $77.16 bn; Institutional SMA: $14.64 bn; Sub‑advisory to Canada Life: $57.32 bn.
• Notable Transaction: An institutional client reallocated $600 mn into Mackenzie ETFs during November 2025.

Notable Quotes

(No direct quotes were provided in the release.)