Investors Group Inc. 2003 Annual Report
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Investors Group
Review of Segment Operating Results

INTRODUCTION

Investors Group’s earnings from operations before interest and taxes for the year ended December 31, 2003 compared with 2002 are presented in Table 3.

Review of the Business
- Introduction
- Segment Strategy
- Core Business: Consultants
- Core Business: Products & Services
Review of Segment Operating Results
- Introduction
- Fee Income
- Net Investment Income and Other
- Operating Expenses