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IFIC Releases Monthly Statistics for February 2017
Sources News Release

http://www.sources.com/Releases/NR2828.htm

Publisher:  The Investment Funds Institute of Canada (IFIC)
Date Written:  23/03/2017
Year Published:  2017  
Resource Type:  Article

Toronto, ON - March 23, 2017 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending February 28, 2017, the assets under management (AUM) for the mutual funds industry reached $1.36 trillion. Year-to-date, industry

Abstract:  Toronto, ON - March 23, 2017 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending February 28, 2017, the assets under management (AUM) for the mutual funds industry reached $1.36 trillion. Year-to-date, industry AUM increased by $24.0 billion or 1.8%.

Net sales for the mutual funds industry were $9.13 billion. Net sales of long-term funds were $9.23 billion and net redemptions of money market funds were $103.4 million.

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