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WINNIPEG, MB, January 6, 2025 /CNW/ - IGM Financial Inc. (IGM) (TSX: IGM) today reported total assets under management and advisement of $270.4 billion at December 31, 2024, up 12.6% from $240.2 billion at December 31, 2023. Total consolidated net outflows were $3 million during December 2024.
DECEMBER HIGHLIGHTS
IGM Financial – Assets under management & advisement of $270.4 billion compared to $273.4 billion in the prior month. Investment fund net sales were $69 million up from net redemptions of $513 million in December 2023. Total net outflows were $3 million compared to net outflows of $517 million in December 2023.
WINNIPEG, MB, Dec. 3, 2024 /CNW/ - According to IG Wealth Management's ("IG") 2025 Market Outlook ("the Outlook"), Canadians can expect a market environment with stabilized inflation and interest rates, lower recession risk and a general easing of monetary policy in the year ahead. This, in turn, is expected to contribute to a favorable backdrop for investment opportunities after a year of economic normalization in 2024.
TORONTO, Nov. 27, 2024 /CNW/ - Today, Mackenzie Investments ("Mackenzie") released its 2025 Market Outlook. It includes insights and commentary for financial advisors and investors about the key trends impacting Canadian and global markets, and investable themes for the year ahead.
Mackenzie anticipates that 2025 will be marked by both opportunities and challenges, with stabilized economic growth driven by steady inflation for most major developed economies and lower interest rates from the majority of central banks. While the stage is seemingly set for a favourable investment landscape, the outcome of the 2024 U.S. presidential election could still bring significant ramifications for various economies worldwide with changes to U.S. tariffs, tax rates, deregulation and immigration policies.
TORONTO, Dec. 23, 2024 /CNW/ - Mackenzie Investments today announced the final year-end reinvested distributions for its exchange-traded funds ("ETFs") that trade on the Toronto Stock Exchange ("TSX") and Cboe Canada ("Cboe") for the 2024 tax year. Please note that this is an update to the estimated year-end reinvested distributions previously announced on November 15, 2024.
These are distributions of undistributed net income and/or capital gains. The distributions will be reinvested in additional units of the respective ETFs and do not include ongoing monthly, quarterly, semi-annual or annual cash distribution amounts. The additional units will be immediately consolidated with the units previously outstanding, so that the number of units outstanding following the distribution will equal the number of units outstanding prior to the distribution.
Five not-for-profits selected for their commitment to enhancing the financial well-being of women in communities across Canada
TORONTO, Dec. 19, 2024 /CNW/ - Today, Mackenzie Investments ("Mackenzie") announced the 2024 recipients of its Mackenzie Together Grant program.
Announced in 2022, Mackenzie dedicated $500,000 to support Canadian charitable organizations that are focused on building financial well-being among women and closing the financial literacy gap, while also supporting their families through financial education and training opportunities.
TORONTO, Dec. 19, 2024 /CNW/ - Mackenzie Investments ("Mackenzie") today announced the December 2024 monthly cash distributions for its Exchange Traded Funds ("ETFs") listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on December 30, 2024 will receive cash distributions payable on January 7, 2025.
Details of the per-unit distribution amounts are as follows:
WINNIPEG, MB, Dec. 19, 2024 /CNW/ - IGM Financial Inc. (IGM or the Corporation) (TSX: IGM) today announced receipt of regulatory approval respecting its intention to renew its Normal Course Issuer Bid (NCIB) and Automatic Securities Purchase Plan (ASPP) through the facilities of the Toronto Stock Exchange. The term of the NCIB will commence December 23, 2024, and continue until December 22, 2025, when the bid expires, or such earlier date as the Corporation completes its purchases pursuant to the notice of intention filed with the TSX.
WINNIPEG, MB, Dec. 16, 2024 /CNW/ - IGM Financial Inc. (TSX: IGM) will announce its fourth quarter 2024 results after markets close on Thursday, February 6, 2025.
A live webcast of IGM Financial's fourth quarter 2024 results conference call will be available at Quarterly reporting (igmfinancial.com) on Friday, February 7 at 7am CT/8am ET.
James O'Sullivan, President and Chief Executive Officer, IGM Financial Inc., Luke Gould, President and Chief Executive Officer, Mackenzie Investments, Damon Murchison, President and Chief Executive Officer, IG Wealth Management and Keith Potter, Executive Vice-President and Chief Financial Officer, IGM Financial Inc., will participate in the call.
In the news release, Mackenzie Investments Announces December 2024 Quarterly Distributions for its Exchange Traded Funds, issued 16-Dec-2024 by Mackenzie Financial Corporation over CNW, we are advised by the company that the payment frequency for the Mackenzie Global Equity ETF (TSX: MGQE) and Mackenzie International Equity ETF (TSX: MIQE) should read "annual" instead of "semi-annual". The complete, corrected release follows:
Mackenzie Investments Announces December 2024 Quarterly Distributions for its Exchange Traded FundsTORONTO, Dec. 13, 2024 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments), part of IGM Financial Inc. (TSX: IGM), today announced that Mackenzie Master Limited Partnership (Stock Symbol MKZ-UN, CUSIP 554905109) has estimated a distribution of partnership income as follows:
Rate per unit*:
$ 0.080
Payable Date:
January 17, 2025
Record Date:
December 31, 2024
Period of income:
January 1, 2024 to December 31, 2024