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IFIC Releases Monthly Statistics for May 2014
Sources News Release
http://www.sources.com/Releases/NR2129.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 17/06/2014
Year Published: 2014
Resource Type: Article
The Investment Funds Institute of Canada (IFIC) announces that for the month of May 2014, the Assets Under Management (AUM) for the mutual funds industry reached $1.08 trillion. Year-to-date, industry AUM increased by $82.9 billion or 8.3%.
Abstract: Toronto, ON – June 16, 2014 – The Investment Funds Institute of Canada (IFIC) announces that for the month of May 2014, the Assets Under Management (AUM) for the mutual funds industry reached $1.08 trillion. Year-to-date, industry AUM increased by $82.9 billion or 8.3%.
Net sales for the mutual funds industry totalled $5.01 billion. Net sales of long-term funds were $5.34 billion and net redemptions of money market funds were $334.5 million.
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To read the full release go to http://www.sources.com/Releases/NR2129.htm
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