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IFIC Releases Monthly Statistics for November 2016
Sources News Release

http://www.sources.com/Releases/NR2804.htm

Publisher:  The Investment Funds Institute of Canada (IFIC)
Date Written:  22/12/2016
Year Published:  2016  
Resource Type:  Article

Toronto, ON - December 22, 2016 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending November 30, 2016, the assets under management (AUM) for the mutual funds industry totalled $1.33 trillion. Year-to-date, indust

Abstract:  Toronto, ON - December 22, 2016 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending November 30, 2016, the assets under management (AUM) for the mutual funds industry totalled $1.33 trillion. Year-to-date, industry AUM increased by $94.5 billion or 7.7%.

Net sales for the mutual funds industry were $2.24 billion. Net sales of long-term funds were $2.28 billion and net redemptions of money market funds were $32.6 million.

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