IFIC Releases Monthly Statistics for February 2015
Sources News Release
http://www.sources.com/Releases/NR2417.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 18/03/2015
Year Published: 2015
Resource Type: Article
The Investment Funds Institute of Canada (IFIC) announces that for the month ending February 28, 2015, the assets under management (AUM) for the mutual funds industry totalled $1.22 trillion. Year-to-date, industry AUM increased by $76.5 billion
Abstract: Toronto, ON - March 18, 2015 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending February 28, 2015, the assets under management (AUM) for the mutual funds industry totalled $1.22 trillion. Year-to-date, industry AUM increased by $76.5 billion or 6.7%.
Net sales for the mutual funds industry totalled $10.8 billion. Net sales of long-term funds were $10.9 billion and net redemptions of money market funds were $123.5 million.
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