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Investment Planning Counsel Inc. Reports January 2011 Mutual Fund Assets Under Management

Counsel Portfolio Services Inc., a division of Investment Planning Counsel Inc., today reported preliminary mutual fund assets under management for the month ending January 31, 2011. Mutual fund assets under management were $2.73 billion at January 31, 2011 compared with $2.11 billion at January 31, 2010 and $2.69 billion at December 31, 2010.

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Total Assets Under Management
($ millions)                          January 2011  January 2010    % Change
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Mutual Funds:
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  Long-term mutual funds                   2,693.7       2,058.7       30.8%
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  Money market mutual funds                   32.6          50.0      -34.8%
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Total Assets Under Management              2,726.3       2,108.7       29.3%
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For additional information about Counsel's average assets under management, please see the IGM Financial press release which will be available on February 2, 2011.

Investment Planning Counsel is an integrated wealth management company focused on providing Canadians with financial products, services and advice to help them achieve their financial dreams. Investment Planning Counsel has developed a strategy that marries the needs of the planners with that of the company. Investment Planning Counsel's intent is to be the premier choice among financial planners who are dedicated to serving the needs of their clients. Investment Planning Counsel is a member of the IGM Financial Inc. (TSX: IGM) group of companies.