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IFIC Releases Monthly Statistics for February 2014
Sources News Release
http://www.sources.com/Releases/NR2066.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 18/03/2014
Year Published: 2014
Resource Type: Article
IFIC announces that for the month of February 2014, the Assets Under Management (AUM) for the mutual fund industry reached $1,045.2 billion. Year-to-date, industry AUM increased by $46 billion or 4.6%.
Abstract: Toronto, ON – March 18, 2014 – IFIC announces that for the month of February 2014, the Assets Under Management (AUM) for the mutual fund industry reached $1,045.2 billion. Year-to-date, industry AUM increased by $46 billion or 4.6%, according to Jon Cockerline, IFIC’s director, policy and research.
Net sales for the mutual fund industry totalled $9.27 billion. Net sales of long-term funds were $9.65 billion and net redemptions of money market funds were $388.1 million.
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To read the full release go to http://www.sources.com/Releases/NR2066.htm
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