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IGM Financial Inc (TSX:IGM) is trading with a trailing P/E of 15x, which is higher than the industry average of 13.4x. While this makes IGM appear like a stock toRead More...
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Mackenzie Investments is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's largest financial services companies by assets with over $262 billion in total assets under management. (Note: All figures as of June 30, 2021)
In April 2018, the company began offering Smart Savings (later known as Wealthsimple Save), a savings account with a 1.7% interest rate. [35] [36] In July 2022, the site promoted the rate at 1.0%. [37] In January 2020, the company launched Wealthsimple Cash for Canadian customers, a hybrid savings/chequing account offering high interest on ...
By 2007, IGM Financial was the holding company for Power Corporation's investment fund companies. [5] Power Corporation also by 2009 had interests in the parent company of La Presse, Mackenzie Financial, London Life Insurance, Canada Life Assurance, Great-West Life, and Putnam Investments. [9]