- IGM Financial’s assets under management (AUM) decreased to C$252.95 billion, reflecting a 2% decline month-over-month.
- Assets under management and advisement also dropped by 2% month-over-month, now totaling C$269.5 billion.
- The company experienced net outflows of C$430 million, in contrast to net inflows of C$3.3 billion in the previous month.
- Investment fund net sales amounted to C$36 million.
- Analyst recommendations for IGM Financial include 3 buys and 4 holds, with no sell recommendations.
A look at Igm Financial Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| 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 leading provider of personal financial planning services in Canada, has received optimistic Smartkarma Smart Scores across various metrics. With strong scores in Value and Dividend at 4 each, the company is viewed favorably in terms of its financial health and ability to provide returns to investors. Although Growth, Resilience, and Momentum scores are slightly lower at 3, indicating room for improvement, IGM Financial’s solid foundation and consistent dividend payouts are key strengths contributing to its positive long-term outlook.
IGM Financial, Inc. is known for its wide range of financial services, including mutual funds, Guaranteed Investment Certificates, insurance products, and mortgage loans. The company’s focus on value and dividends, as evidenced by its high Smart Scores in these areas, positions it well for sustained growth and attractiveness to investors seeking stable returns. While there may be opportunities to enhance growth, resilience, and momentum, IGM Financial’s strong presence in the Canadian financial market solidifies its position as a reliable choice for those looking for a reputable financial services provider.
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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