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IFIC Releases Monthly Statistics for April 2016
Sources News Release
http://www.sources.com/Releases/NR2734.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 17/05/2016
Year Published: 2016
Resource Type: Article
The Investment Funds Institute of Canada (IFIC) announces that for the month ending April 30, 2016, assets under management (AUM) for the mutual funds industry totalled $1.24 trillion. AUM increased by $7 billion or
Abstract: Toronto, ON - May 17, 2016 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending April 30, 2016, assets under management (AUM) for the mutual funds industry totalled $1.24 trillion. AUM increased by $7 billion or 0.5% compared to March 2016.
Net sales totalled $1.8 billion in April 2016. Net sales of long-term funds were $2.5 billion and net redemptions of money market funds were $717 million.
For more information on these results, follow this link (https://...
To read the full release go to http://www.sources.com/Releases/NR2734.htm
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