OCTOBER HIGHLIGHTS
IGM Financial – All-time record high assets under management & advisement were $307.1 billion up from $302.6 billion in the prior month. Record high investment fund net sales were $1.4 billion up from net sales of $36 million in October 2024. Total net inflows were $1.1 billion up from net inflows of $197 million in October 2024.
IG Wealth Management (IGWM) – Assets under advisement reached their highest level to date at $158.0 billion, up from $155.9 billion last month. Total net inflows were $276 million up from net inflows of $144 million in October 2024. Investment fund net sales were $177 million unchanged from net sales of $177 million in October 2024. Gross sales of $1.6 billion and gross inflows of $1.5 billion set a new record, delivering the strongest October results in our history.
Mackenzie Investments – Assets under management reached a record-setting $242.7 billion, compared to $239.5 billion in the prior month. Total net sales of $827 million up from net sales of $53 million in October 2024. Record high investment fund net sales were $1.2 billion up from net redemptions of $141 million in October 2024. Excluding the $950 million allocation into Mackenzie ETFs from an institutional client, investment fund net sales were $234 million.
Table 1 - Gross and Net Flows
Please see www.igmfinancial.com for file with trended history.
Wealth Management
Asset Management
($ millions) (unaudited)
IG Wealth Management
Mackenzie Investments
IGM
Financial
For the month ended October 31, 2025
Net flows
Mutual fund net sales
177.0
(116.5)
60.5
ETF net creations
1,300.6(3)
1,300.6
Investment fund net sales
177.0
1,184.1
1,361.1
Institutional SMA net sales
(357.3)(1)(4)
(357.3)
Managed asset net sales
177.0
826.8
1,003.8
Other net flows
99.1
99.1
Net flows
276.1
826.8
1,102.9
Gross flows