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IFIC Releases Monthly Statistics for April 2014
Sources News Release
http://www.sources.com/Releases/NR2109.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 16/05/2014
Year Published: 2014
Resource Type: Article
IFIC announces that for the month of April 2014, the Assets Under Management (AUM) for the mutual funds industry reached $1.07 trillion. Year-to-date, industry AUM increased by $71.3 billion or 7.1%.
Abstract: Toronto, ON – May 16, 2014 – IFIC announces that for the month of April 2014, the Assets Under Management (AUM) for the mutual funds industry reached $1.07 trillion. Year-to-date, industry AUM increased by $71.3 billion or 7.1%.
Net sales for the mutual funds industry totalled $4.57 billion. Net sales of long-term funds were $4.76 billion and net redemptions of money market funds were $192.5 million.
For more information on these results, visit IFIC.CA.
Data for this report is comp...
To read the full release go to http://www.sources.com/Releases/NR2109.htm
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