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IFIC Releases Monthly Statistics for January 2016
Sources News Release
http://www.sources.com/Releases/NR2678.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 19/02/2016
Year Published: 2016
Resource Type: Article
Toronto, ON - February 19, 2016 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending January 31, 2016, the assets under management (AUM) for the mutual funds industry totalled $1.21 trillion. Almost all (99.6%) of
Abstract: IFIC Releases Monthly Statistics for January 2016
Toronto, ON - February 19, 2016 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending January 31, 2016, the assets under management (AUM) for the mutual funds industry totalled $1.21 trillion. Almost all (99.6%) of the decrease in AUM compared to the previous month is a result of the decline in the markets.
Net redemptions for the mutual funds industry totalled $80 million. Net redemptions of long-term f...
To read the full release go to http://www.sources.com/Releases/NR2678.htm
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