Investors Group announces changes to mutual funds impacted by the 2013 Federal Budget announcement

Investors Group announces changes to mutual funds impacted by the 2013 Federal 
Budget announcement 
WINNIPEG, April 16, 2013 /CNW/ - The 2013 federal budget proposed changes to 
Canadian tax laws that will impact the ability of investors to obtain 
tax-efficient exposure to a variety of investments. This proposal affects a 
number of investment funds across the industry, including the following 
Investors Group funds (the Funds): 
--  Investors Short Term Capital Yield Class 
--  Investors Capital Yield Class 
Until there is greater guidance from the federal government, the Funds will be 
closed to new lump sum investments, effective immediately. 
While the government has not yet provided full clarity on how it plans to 
implement the proposal, derivative transactions currently in place on the 
Funds prior to March 21, 2013, are expected to remain tax-efficient until 
their expiration dates. It is important to note that even with this proposed 
legislation, the fundamental benefits of mutual fund corporations remain, 
including tax-deferred switching and re-balancing. 
Investors Group will continue to monitor and assess this budget proposal and 
its potential impact. 
Investors Group, founded in 1926, is a national leader in delivering 
personalized financial solutions to Canadians through a network of 
approximately 4,500 Consultants located throughout Canada. In addition to an 
exclusive family of mutual funds and other investment vehicles, Investors 
Group offers a wide range of insurance, securities, mortgage and other 
financial services. Investors Group is a member of the IGM Financial Inc. 
(TSX: IGM) group of companies. IGM Financial is one of Canada's premier 
financial services companies with approximately $126 billion in total assets 
under management as of March 31, 2013. 
Ron Arnst Investors Group (204) 956-3364 
SOURCE: Investors Group Inc. 
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CO: Investors Group Inc.
ST: Manitoba
-0- Apr/16/2013 14:27 GMT
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