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IFIC Releases Monthly Statistics for October 2016
Sources News Release

http://www.sources.com/Releases/NR2789.htm

Publisher:  The Investment Funds Institute of Canada (IFIC)
Date Written:  18/11/2016
Year Published:  2016  
Resource Type:  Article

The Investment Funds Institute of Canada (IFIC) announces that for the month ending October 31, 2016, the assets under management (AUM) for the mutual funds industry totalled $1.32 trillion.

Abstract:  Toronto, ON - November 18, 2016 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending October 31, 2016, the assets under management (AUM) for the mutual funds industry totalled $1.32 trillion. Year-to-date, industry AUM increased by $87.2 billion or 7.2%.

Net sales for the mutual funds industry were $1.99 billion. Net sales of long-term funds were $1.90 billion and net sales of money market funds were $90.9 million.

For more information on these results, fol...
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