Fund company IGM Financial said on Friday its quarterly profit jumped 76% on stronger investment income and higher management and distribution fees.

Winnipeg-based company earned a net $200.2 million, or 76 cents a share, in the fourth quarter ended Dec. 31.

That compared with a year-before profit of $113.7 million, or 43 cents a share, which was hurt by a $66.2 million loss on the sale of certain equity securities.

Revenue rose 26% to $692.6 million. Investment income was $39.1 million during the quarter, rebounding from a year-before loss of $62 million.

Fund management fees rose 6.5%, while distribution fees jumped 18%. Total assets under management rose to $129.5 billion from $120.5 billion.