Shareholders approve name change of public company to IGM Financial Executive appointments announced

This change will only affect the name of the public company. It does not affect the name of the Investors Group financial planning and mutual fund organization, which has provided financial advice to Canadians for over 77 years. Both Investors Group and its sister company Mackenzie will continue to operate their businesses under their current names and through their existing brands, which are well established and respected in the marketplace.

The new name reflects the evolution of the public company, and more accurately represents the structure of the organization today, with its activities being conducted through more than one business unit. The new name will also serve to distinguish the public corporation from its operating business units

The name 'IGM Financial Inc.' is derived from the Corporation's two core business units, Investors Group and Mackenzie. The descriptor "Financial" reflects the broad scope of industry leading financial services and products that the corporation offers to Canadians.

Executive appointments announced
Following the Annual General Meeting, Mr. Jeff Orr was re-appointed as President and CEO of IGM Financial Inc. and Mr. Jim Hunter was re-appointed President and CEO of Mackenzie. The board also appointed Mr. Murray Taylor as President and CEO of Investors Group.

Mr. Orr was President and CEO of IGM Financial prior to the name change. He will work closely with the CEOs of the operating companies on the execution of the plans and strategies for the individual companies and on the growth and development of the company overall.

Mr. Taylor's appointment is a reflection of the significant contribution he has made to the company. He has been at the forefront of the development and execution of many of the enhancements to the company's client offerings and Consultant support.

Mr. Taylor has held significant roles at Investors Group over the last three years. He led the very successful Mackenzie-Investors Group transition and synergy efforts for the first year following the acquisition, and has spent the past two years leading the distribution and product areas at Investors Group. He has had day-to-day responsibility for developing and executing many enhancements to the company's Consultant and client offerings. Mr. Taylor was previously with Great-West Life and London Life for 25 years, and played a key role in establishing those companies' leading market positions among life companies in the individual investment products.

"I am looking forward to the opportunities ahead for Investors Group, said Mr. Taylor. "Increasingly, Canadians recognize the value of assistance with their financial planning, and our Consultants are uniquely well-positioned to meet that need."

The executive appointments are effective immediately. The name change will be effective upon filing of the Articles of Amendment with regulators.

Investors Group Inc. is one of Canada's premier personal financial services companies, and the country's largest manager and distributor of mutual funds and other managed asset products. It has $78.1 billion of mutual funds under management. Its activities are carried out principally through the Investors Group consultant network and through Mackenzie Financial. In addition, the Company announced on February 25 of this year that it has entered into agreements to acquire IPC Financial Network, subject to approval by regulators and the shareholders of IPC. IPC is the 5th largest financial planning organization in Canada with $7.1 billion of client assets under administration and $1.2 billion of mutual fund assets under management.

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