Investors Group announces four management fee reductions and a fund risk rating change

Winnipeg, MB – June 16, 2016: Investors Group has announced changes to its fund offering including:

  • Reduction of annual management fees ranging from 0.15 - 0.25% for four mandates;
  • Change of risk rating for Investors Global Fixed Income Flex Portfolio.

Management fee reductions

Effective on or about November 1, 2016, the annual management fees on four mandates will decrease as shown in the table below:


Management Fee 
reduction %

IG AGF Global Equity Fund and Class1


IG AGF U.S. Growth Fund and Class1


IG Mackenzie Emerging Markets Class1


Investors Canadian Natural Resource Fund


The applicable prospectuses and Fund Facts for the noted mandates are in the process of being updated to reflect both the current management fee rates up to October 31 as well as the new rates.

Change in volatility

Investors Group has a risk rating methodology that follows the guidelines established by the Investment Funds Institute of Canada2 which assesses risk primarily based upon the volatility of past returns for each mutual fund.  These ratings are reviewed periodically and, as a result, Investors Group determined it is appropriate to change the risk rating for Investors Global Fixed Income Flex Portfolio from “Low” to “Low to Medium”.  No material changes have been made to the investment objectives, or management of this fund.  

This change in risk rating is effective immediately.

June 16, 2016