IGM Financial Inc.

IGM-T

TSE:IGM

32.82
0.03 (0.09%)
IGM Financial Inc. is a Canadian financial services company, with $133.6 billion in total assets under management as at December 31, 2015. It is a publicly traded subsidiary of Power Corporation of Canada.
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Analysis and Opinions about IGM-T

Signal
Opinion
Expert
COMMENT
COMMENT
July 17, 2012
Asset management. Recently cut their fees as they are seeing a bit of pressure. Have been in net redemptions for a while. Doesn't expect a lot of growth until the markets turn around. Good dividend payer at about 5.5%.
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Asset management. Recently cut their fees as they are seeing a bit of pressure. Have been in net redemptions for a while. Doesn't expect a lot of growth until the markets turn around. Good dividend payer at about 5.5%.
COMMENT
COMMENT
June 26, 2012
Owns this one indirectly through Power Financial (PWF-T) and has always chosen to go that route. Has been very impressed with IGM over the years in the way they have established their training programs, etc. Have a consistent product. You could Buy this for the long term but in the short term it depends on markets. They have cut the fees on the number of their funds and will have to increase sales to make up for this shortfall.
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Owns this one indirectly through Power Financial (PWF-T) and has always chosen to go that route. Has been very impressed with IGM over the years in the way they have established their training programs, etc. Have a consistent product. You could Buy this for the long term but in the short term it depends on markets. They have cut the fees on the number of their funds and will have to increase sales to make up for this shortfall.
BUY
BUY
June 12, 2012
(Market Call Minute.) Beaten up because market performance is tied to mutual funds but the dividend is rock solid and safe.
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(Market Call Minute.) Beaten up because market performance is tied to mutual funds but the dividend is rock solid and safe.
TOP PICK
TOP PICK
June 5, 2012
Lost market share due to poor performance. Stock has taken it in the chin. As a result of dip, stock has a dividend of over 5%. If they get market share increase or markets go up you will see this rise to 10 or 15% of current price.
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Lost market share due to poor performance. Stock has taken it in the chin. As a result of dip, stock has a dividend of over 5%. If they get market share increase or markets go up you will see this rise to 10 or 15% of current price.
BUY
BUY
March 8, 2012
A fine institution. Plays it through Power Financial because of the dividend. Nothing wrong with playing it this way.
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A fine institution. Plays it through Power Financial because of the dividend. Nothing wrong with playing it this way.
TOP PICK
TOP PICK
December 7, 2011
Preferred B 5.9% Series B. Perpetual. Company has a great fee based system.
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IGM Financial Inc. (IGM-T)
December 7, 2011
Preferred B 5.9% Series B. Perpetual. Company has a great fee based system.
TOP PICK
TOP PICK
August 24, 2011
Terrific dividend. One of highest of the big companies on the TSX. 15-20% discount to where it was a month ago. Strong ownership to the Power Group. Big worry is people moving out of stock market. He doesn’t believe it with current low interest rates.
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Terrific dividend. One of highest of the big companies on the TSX. 15-20% discount to where it was a month ago. Strong ownership to the Power Group. Big worry is people moving out of stock market. He doesn’t believe it with current low interest rates.
COMMENT
COMMENT
June 29, 2011
Why is the stock going up when mutual fund assets would be shrinking with the recent market decline? This is because assets have been growing in the group. Whether the market is up or down in a short period of time, it's the assets that are affecting the stock.
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Why is the stock going up when mutual fund assets would be shrinking with the recent market decline? This is because assets have been growing in the group. Whether the market is up or down in a short period of time, it's the assets that are affecting the stock.
PAST TOP PICK
PAST TOP PICK
September 28, 2010
(A Top Pick Sept 23/09. Down 2.65%.)
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IGM Financial Inc. (IGM-T)
September 28, 2010
(A Top Pick Sept 23/09. Down 2.65%.)
SELL
SELL
August 30, 2010
Very solid company with a solid dividend but there is not a lot of growth and doesn't get him excited. There's nothing in the asset management area that really excites him.
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Very solid company with a solid dividend but there is not a lot of growth and doesn't get him excited. There's nothing in the asset management area that really excites him.
TOP PICK
TOP PICK
February 25, 2010
A lot of money got moved into money market funds, where they don’t make any money for the company. That money is moving back into higher margin products. Likes it very much for its yield and history of raising dividend. This is a direct play on the growth of the mutual fund industry
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IGM Financial Inc. (IGM-T)
February 25, 2010
A lot of money got moved into money market funds, where they don’t make any money for the company. That money is moving back into higher margin products. Likes it very much for its yield and history of raising dividend. This is a direct play on the growth of the mutual fund industry
TOP PICK
TOP PICK
October 27, 2009
Fell out of favour when the market went down so much and people were concerned that money was fleeing mutual funds. Starting to come back big time. 5% yield.
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IGM Financial Inc. (IGM-T)
October 27, 2009
Fell out of favour when the market went down so much and people were concerned that money was fleeing mutual funds. Starting to come back big time. 5% yield.
TOP PICK
TOP PICK
September 23, 2009
With the recession, everybody got gun shy about the market and a lot of money went out of equity and balanced mutual funds and into the money market. This company hasn't seen a lot of net sales until the last month. Thinks there will be terrific net sales in the2nd half and going into 2010. Control their costs very well. Terrific 4.6% dividend yield with room to grow.
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IGM Financial Inc. (IGM-T)
September 23, 2009
With the recession, everybody got gun shy about the market and a lot of money went out of equity and balanced mutual funds and into the money market. This company hasn't seen a lot of net sales until the last month. Thinks there will be terrific net sales in the2nd half and going into 2010. Control their costs very well. Terrific 4.6% dividend yield with room to grow.
BUY
BUY
September 10, 2009
If you believe in an economic and stock market recovery, this is one of the top names. He plays this through Power Financial (PWF-T), which owns a part of them plus Great West Life (GWO-T). 4.9% yield.
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IGM Financial Inc. (IGM-T)
September 10, 2009
If you believe in an economic and stock market recovery, this is one of the top names. He plays this through Power Financial (PWF-T), which owns a part of them plus Great West Life (GWO-T). 4.9% yield.
BUY
BUY
April 28, 2009
May have broken out a bit. This is the finest of the non-bank, long-term money management firms and is going to stay that way. A long term buy.
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May have broken out a bit. This is the finest of the non-bank, long-term money management firms and is going to stay that way. A long term buy.
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