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IFIC Releases Monthly Statistics for March 2016
Sources News Release

http://www.sources.com/Releases/NR2713.htm

Publisher:  The Investment Funds Institute of Canada (IFIC)
Date Written:  19/04/2016
Year Published:  2016  
Resource Type:  Article

Toronto, ON - April 19, 2016 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending March 31, 2016, assets under management (AUM) for the mutual funds industry totalled $1.23 trillion. AUM increased by $37 billion

Abstract:  Toronto, ON - April 19, 2016 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending March 31, 2016, assets under management (AUM) for the mutual funds industry totalled $1.23 trillion. AUM increased by $37 billion or 3% compared to February 2016.

Net sales totalled $4.5 billion in March 2016. Net sales of long-term funds were $4.9 billion and net redemptions of money market funds were $320 million.

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