- IGM Financial’s assets under management (AUM) are C$321.17 billion, showing a slight decline of 0.1% month-over-month (M/M).
- The combined assets under management and advisement amount to C$345.70 billion, also down by 0.1% M/M.
- Net inflows have improved, reaching C$1.14 billion, which is a 2.4% increase compared to the previous month.
- Investment fund net sales are reported at C$451 million, marking a significant 14% increase year-over-year (Y/Y).
- Recent analyst activity includes 2 buy recommendations, 6 hold recommendations, and no sell recommendations.
A look at Igm Financial Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
IGM Financial, Inc., a Canadian financial services company, has received favorable Smart Scores indicating a positive long-term outlook. With a strong value score of 4, IGM Financial is deemed to be attractively priced relative to its fundamentals. Additionally, the company has scored well in momentum at 4, suggesting a positive trend in its stock performance. While the dividend, growth, and resilience scores are not as high as value and momentum, they still indicate stability and growth potential for IGM Financial in the coming years.
IGM Financial, Inc. is a leading provider of personal financial planning services in Canada. Offering a range of products including mutual funds, Guaranteed Investment Certificates, insurance products, and mortgage loans, the company is well-positioned to serve the diverse financial needs of its clients. With solid Smart Scores across key factors, IGM Financial demonstrates a robust foundation for sustained growth and value creation in the Canadian financial services sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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