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IFIC Releases Monthly Statistics for April 2017
Sources News Release

http://www.sources.com/Releases/NR2861.htm

Publisher:  The Investment Funds Institute of Canada (IFIC)
Date Written:  25/05/2017
Year Published:  2017  
Resource Type:  Article

The Investment Funds Institute of Canada (IFIC) announces that for the month ending April 30, 2017, the assets under management (AUM) for the mutual funds industry reached $1.42 trillion. Year-to-date, industry AUM increased by $79.9 billion or 6

Abstract:  Toronto, ON - May 25, 2017 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending April 30, 2017, the assets under management (AUM) for the mutual funds industry reached $1.42 trillion. Year-to-date, industry AUM increased by $79.9 billion or 6.0%.

Net sales for the mutual funds industry were $2.73 billion. Net sales of long-term funds were $3.0 billion and net redemptions of money market funds were $275.4 million.

For more information on these results, foll...
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